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Painreform Ltd. Q1 Financials Show Asset Decline

Painreform Ltd. Q1 Financials Show Asset Decline

Painreform Ltd. (PRFX) has released an update.

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Painreform Ltd. has reported a notable decrease in cash and total assets in its unaudited condensed financial statements for the first quarter of 2024, with total assets declining from $9,930,000 at the end of 2023 to $5,369,000 by March 31, 2024. Current liabilities have also seen a slight increase, indicating changes in the company’s financial position.

For further insights into PRFX stock, check out TipRanks’ Stock Analysis page.

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