Unless otherwise indicated, the latest results discussed below are as of December 31, 2018.NowRx was founded in February 2015 and commenced operations and revenue generation in January 2016. While many businesses are paused during this crisis, pharmacy remains an essential service.\"We anticipate that our general and administrative expenses will continue to increase as we continue to grow and expand geographically. In 2017, average revenue per prescription was $120.34 and average gross profit per prescription was $16.11. To execute on our plan to establish multiple locations in strategic patient-dense areas, we will need to lease additional space. In addition, we regularly consider fundraising opportunities and will determine the timing, nature and amount of financings based upon various factors, including market conditions and our operating plans. NORX | Complete Norstra Energy Inc. stock news by MarketWatch. As an entrepreneur at heart, with a record of building solutions from ground up, Sumeet has built teams and led them from vision validation, to product definition, design, and delivery. All you do is pay the same co-pay as at a traditional pharmacy. \"Our team continues to execute on our plan, and with the increasing demand for a better pharmacy solution during these troubled times, we are expanding to further grab market share.\"As of December 31, 2018, the company’s cash and equivalents was $4,253,065. The company continues to invest in sales and marketing, including direct-to-consumer marketing, which will result in a significant increase in these costs in future periods.Watch here: https://attendee.gotowebinar.com/register/1643614156839345933NowRx is now preparing for its nationwide expansion in 2020 and beyond.Investors who invest $50,000 or less will have their securities held in trust with a Custodian that will serve as a single shareholder of record. In addition to these risks, you should carefully consider the specific information and risks disclosed in NowRx’s profile and Offering Circular.The company’s net sales for the year ended December 31, 2018 were $4,743,075, an increase of $2,245,408, or 89.9%, from net sales of $2,497,667 in 2017. Operating expenses in 2018 were $3,514,435, compared to $1,351,086 in 2017, an increase of $2,163,349, or 160.1%, resulting from the company’s expanding operations to meet increased customer demand.As a result of the foregoing factors, the company’s net loss was $3,000,901 in 2018, a 174.6% increase from a net loss of $1,092,881 in 2017.One day in early 2015, Cary Breese left his doctor's office with a prescription in hand and drove across town to his local pharmacy where he found himself waiting in three separate lines: the first to drop off the prescription, the second to pay (after a 20 minute wait for the medication to be counted out by hand! We have incurred substantial losses since our inception and we expect to continue to incur operating losses in the near-term. PharmD.RSVP Here: https://seedinvestlosangelespitchnight.splashthat.com/This chart does not represent guarantees of future valuation growth and/or declines.Install Mozilla Firefox for freeWatch here: https://attendee.gotowebinar.com/register/6044258815316010508Currently there is no market or liquidity for these securities. No more waiting to speak to a pharmacist. The company secured over 4k new customers, up 84% from the prior quarter.Upgrade Internet Explorer for freeThis is NowRx's fundraising profile page, where you can find information that may be helpful for you to make an investment decision in their company.
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