Nano-X Imaging Ltd. Files 6-K, Mentions Non-GAAP Measures
Ticker: NNOX · Form: 6-K · Filed: Nov 21, 2024 · CIK: 1795251
Sentiment: neutral
Topics: filing, financial-reporting, non-gaap
TL;DR
Nanox filing 6-K on Nov 21, 2024, uses non-GAAP financial measures. Watch out for how they spin it.
AI Summary
On November 21, 2024, Nano-X Imaging Ltd. issued a press release, attached as Exhibit 99.1 to this 6-K filing. The press release includes financial measures not prepared in accordance with U.S. GAAP. The company is incorporated in Israel and its principal executive offices are located in Petach Tikva.
Why It Matters
This filing indicates the company is using non-standard accounting measures, which could impact how investors interpret its financial performance.
Risk Assessment
Risk Level: medium — The use of non-GAAP financial measures can sometimes obscure a company's true financial health, requiring closer scrutiny from investors.
Key Players & Entities
- Nano-X Imaging Ltd. (company) — Filer of the 6-K report
- November 21, 2024 (date) — Date of press release issuance
- Exhibit 99.1 (document) — Attached press release
- U.S. GAAP (accounting_standard) — Financial measures not prepared in accordance with this standard
FAQ
What is the primary purpose of this 6-K filing?
The primary purpose is to report a press release issued by Nano-X Imaging Ltd. on November 21, 2024, which includes certain financial measures not prepared in accordance with U.S. GAAP.
When was the press release mentioned in the filing issued?
The press release was issued on November 21, 2024.
What is the company's principal executive office address?
The company's principal executive office is located at Ofer Tech Park, 94 Shlomo Shmeltzer Road, Petach Tikva, Israel, 4970602.
Does Nano-X Imaging Ltd. file annual reports under Form 20-F or 40-F?
Nano-X Imaging Ltd. files annual reports under Form 20-F.
What is the significance of the mention of non-GAAP financial measures?
The mention of non-GAAP financial measures indicates that the company is using financial reporting metrics that deviate from standard accounting principles, which may require investors to analyze the data more carefully.
Filing Stats: 291 words · 1 min read · ~1 pages · Grade level 11.5 · Accepted 2024-11-21 08:05:21
Filing Documents
- ea0220638-6k_nanox.htm (6-K) — 13KB
- ea022063801ex99-1_nanox.htm (EX-99.1) — 239KB
- ex99-1_001.jpg (GRAPHIC) — 2KB
- 0001213900-24-100728.txt ( ) — 255KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. NANO-X IMAGING LTD By: /s/ Ran Daniel Name: Ran Daniel Title: Chief Financial Officer Date: November 21, 2024 3