balance at December 31 2018 includes the approximate $7.0 million dollar private placement closed in the fourth quarter of 2018.
Conference Call
iCAD management will host a conference and live webcast call today at 4:30 p.m. Eastern Time to discuss the fourth quarter 2018 financial results and provide a Company update. Thedial-in numbers are877-407-0784 for domestic callers and201-689-8560 for international callers. The conference ID is 13687103. A live webcast of the conference call will be available online athttp://public.viavid.com/index.php?id=133091.
A replay of the webcast will remain on the Company’s website until the Company releases its first quarter 2019 financial results. In addition, a telephonic replay of the conference call will be available until March 27, 2019. The replaydial-in numbers are (844)512-2921 for domestic callers and (412)317-6671 for international callers. The replay conference ID is 13687103.
Use ofNon-GAAP Financial Measures
In its quarterly news releases, conference calls, slide presentations or webcasts, the Company may use or discussnon-GAAP financial measures as defined by SEC Regulation G. The GAAP financial measures most directly comparable to eachnon-GAAP financial measure used or discussed, and a reconciliation of the differences between eachnon-GAAP financial measure and the comparable GAAP financial measure, are included in this press release after the condensed consolidated financial statements. When analyzing the Company’s operating performance, investors should not consider thesenon-GAAP measures as a substitute for the comparable financial measures prepared in accordance with GAAP. The Company’s quarterly news releases containing suchnon-GAAP reconciliations can be found on the Investors section of the Company’s website at www.icadmed.com.
About iCAD, Inc.
Headquartered in Nashua, NH, iCAD is a global medical technology leader providing innovative cancer detection and therapy solutions. For more information, visit www.icadmed.com.
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995
Certain statements contained in this News Release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the ability of iCAD’s technology to facilitate improvements in work flow, reading time and clinical efficacy, our ability to enter into an exclusive relationship with two leading researchers at The Karolinska Institutet in Stockholm, Sweden, our ability to achieve sales, business and strategic goals and objectives, the risks of, the impact of supply and manufacturing constraints or difficulties, uncertainty of future sales levels, protection of patents and other proprietary rights, product market acceptance, possible technological obsolescence of products, increased competition, litigation and/or government regulation, changes in Medicare or other reimbursement policies, risks relating to our existing and future debt obligations, competitive factors, the effects of a decline in the economy or markets served by the Company; and other risks detailed in the Company’s filings with the Securities and Exchange Commission. The words “believe,” “demonstrate,” “intend,” “expect,” “estimate,” “will,” “continue,” “anticipate,” “likely,” “seek,” and similar