Koning
A better way of breast imaging
Overview
Raised: $583,204
Rolling Commitments ($USD)
01/01/2023
$3,862
397
2002
Healthcare & Pharmaceuticals
Medtech
B2B
Medium
High
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$357,779 |
$3,089,624 |
COGS |
$153,022 |
$417,340 |
Tax |
$65 |
$5,085 |
| ||
| ||
Net Income |
$-4,869,465 |
$-1,135,429 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$522,412 |
$1,099,408 |
Accounts Receivable |
$322,892 |
$777,636 |
Total Assets |
$26,507,126 |
$27,843,270 |
Short-Term Debt |
$3,768,501 |
$4,358,049 |
Long-Term Debt |
$5,355,334 |
$5,198,730 |
Total Liabilities |
$9,123,835 |
$9,556,779 |
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Koning’s machines can reliably detect stage 0 and stage 1 cancers. Just how significant is this? Detecting breast cancer at stages 0 or 1 gives patients a 99% five-year survival rate. Its imaging technology can also detect small calcifications and small tumors in patients with small or dense breasts — something current mammograms struggle with. Calcifications, by the way, are often an early indicator of breast disease.
This changes the game. Mammography has ruled the industry for 60 years. While flawed, it was — for its time — the best technology available. That’s no longer the case.