REMSleep Holdings Inc (PK:RMSL)
Business Focus: Medical Equipment, Supplies & Distribution
| Sector: Healthcare | Industry: Medical Equipment, Supplies & Distribution |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 14175 ICOT BVLD. SUITE 300 CLEARWATER FL 33760 |
| Tel: | N/A |
| Website: | https://www.remsleep.com |
| IR: | See website |
| Key People | ||
| Thomas J. Wood Chief Executive Officer, Director | Jonathan B Lane Chief Technology Officer, Vice President | |
| Business Overview |
| REMSleep Holdings, Inc. is a medical technology company. The Company is focused on the development and commercialization of solutions for patients with obstructive sleep apnea. Its DeltaWave CPAP interface (the DeltaWave), which is a device to treat patients with sleep apnea. The patent-pending DeltaWave product is a nasal-pillow type interface that is designed with airflow characteristics to enable patients with sleep apnea to breathe normally. The Company's product is manufactured by mold makers. It has molds made in China. Its target market includes sleep product distributors that distribute its product; home care dealers; private sleep labs; product end users; physicians, particularly sleep physicians; medical groups; hospitals, and medical associations, such as the American Academy of Sleep Medicine and the American Sleep Association. |
| Financial Overview |
| For the three months ended 31 March 2024, REMSleep Holdings Inc revenues decreased 32% to $58K. Net loss increased 12% to $253K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Change in fair value of derivative increase from $0K to $100K (expense), Interest Expense increase from $5K to $28K (expense). |
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