NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Announces Q3 2019 Financial Results
Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, on Monday reported its financial results for the third quarter ended September 30, 2019. According to the update, Foresight ended the third quarter of 2019 with $13.1 million in cash, cash equivalents and short-term deposits, GAAP net loss of $11.07 million and non-GAAP net loss for the same period of $9.46 million. “The third quarter was highlighted by our significant progress in penetrating the autonomous vehicle markets in Asia and the United States,” Foresight CEO Haim Siboni said in the news release. “Our compelling technological demonstrations…