Aurora Spine reported its first quarter financial results.
Here are five observations.
1. The company saw a record quarter, with revenues totaling about $1.5 million.
2. Cost of sales was $626,453.
3. EBITDAC was more than $73,000, reflecting the company's first positive cashflow quarter.
4. Aurora Spine saw a gross profit of more than $876,000, up more than $83,000 in the first quarter of 2017.
5. The total operating expense was about $1.04 million, a 37 percent dip from the same period the year prior.