AirSculpt Technologies Reports Net Loss of $14,000 in First Quarter of 2023

AirSculpt Technologies, Inc.(AIRS) has released its financial statemen ts for the first quarter of 2023, revealing a net loss of $14,000. However, the company experienced a significant boost in revenue, reaching $45.8 million during the same period. The financial data provides insights into the company's performance, highlighting both the challenges faced and the growth achieved.

Financial Statements

Condensed Consolidated Balance Sheets

AirSculpt Technologies' total assets amounted to $209.5 million as of March 31, 2023, an increase from $200.8 million reported at the end of 2022. The company's current assets, including cash and cash equivalents, taxes receivable, and prepaid expenses, totaled $17.9 million. AirSculpt Technologies' long-term assets, such as property and equipment, intangible assets, and goodwill, amounted to $161.6 million.