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Sight Sciences Inc (OQ:SGHT)

Business Focus: Medical Equipment, Supplies & Distribution

Sector:  Healthcare Industry:  Medical Equipment, Supplies & Distribution
 
See Regulatory Filings on SEC
Company Contact
Address: 4040 Campbell Ave,, Suite 100
MENLO PARK CA 94025
Tel: N/A
Website: https://www.sightsciences.com
IR: See website
Key People
Paul Badawi
President, Chief Executive Officer, Co-Founder, Director
David Badawi
Co-Founder, Chief Technology Officer, Director
Alison Bauerlein
Chief Financial Officer, Chief Accounting Officer, Treasurer
Sam Park
Chief Operating Officer
Jeremy Bragg Hayden
Chief Legal Officer
Matthew W. Link
Chief Commercial Officer
Business Overview
Sight Sciences, Inc. is an eyecare technology company. The Company is focused on the development and commercialization of surgical and nonsurgical technologies for the treatment of prevalent eye diseases. The Company operates through two segments: Surgical Glaucoma and Dry Eye. The product portfolio for the Surgical Glaucoma segment features the OMNI Surgical System, which is an implant-free glaucoma surgery technology indicated to reduce intraocular pressure in adult patients with primary open-angle glaucoma and the SION Surgical Instrument, a manually operated device used in ophthalmic surgical procedures to excise trabecular meshwork. The product portfolio for the Dry Eye segment consists of the TearCare System (TearCare) for ophthalmologists and optometrists. TearCare is a wearable eyelid technology that delivers targeted and adjustable heat to the meibomian glands of the eyelids in adult patients with evaporative dry eye disease due to meibomian gland disfunction.
Financial Overview
For the three months ended 31 March 2024, Sight Sciences Inc revenues increased 2% to $19.3M. Net loss decreased 5% to $16.3M. Revenues reflect Surgical Glaucoma segment increase of 5% to $18.3M. Lower net loss reflects Selling, general, and administrative - B decrease of 12% to $22.8M (expense), Research and development - Balancing val decrease of 3% to $4M (expense).