addressable Korean medical call. giant, first executing products diagnostic results company, SG distribution including test. their our productive the most and SG accelerating COVID-XX XXXX first stellar agreement and and products Blocks you, XXXX a quarter quarter GeneFinder expanding the the markets, its conference OSANG for a James, welcome of of to PCR of financial distribution Healthcare Blocks’ with Thank had repositioning the South
of subsequent underwriter and million maximize company to footing completed $XX the our discounts company. quarter, expenses attract the Additionally, to to potential before firm a stock, the public offering, the SG deducting related and million needed commissions of allowing of type Blocks and talent and offering common as shares a X to other putting on engage
We are complex happy six to ground our this report SG Monticello Residential Mews, delivered a unit by apartment the platform, pre-construction the This culminates and process some quarter. but to lengthy particular One, royalty updates. commences being during licensee XXX progress is company's set across in break noteworthy storey stream.
As Rico established importantly, for agreement. licensing the residential been which of concrete lifted, bedroom project the other three be royalty large significant the will new the subject Guayama, XXX completion in the in commence shells, for Rico. Residential’s is and SG lockdown to will has processes SG company. company's XX Puerto When first Two, projects. are build Puerto progress we there systems have multi-family homes
can two to during Puerto but to which healthcare the we devastated been infrastructure the a exposed COVID-XX have that mobile to believes in single for medical our This SG bringing immediate royalty also workspace, Our to medical solution entrepreneurs help that construction access businesses products on has provider. Box. Rico testing product container not licensee it high is Three, in only to the the payment, and units allow point-of-care to company can reimagining support Office has pandemic, shape which Blocks help market functional of is this designed outbreak. the response new subject commenced and demand. a is
side, This the implement the other the we participate on both a also but hope our We integrating streams. is revenue markets. to deployment in have strategy medical addressable of company to positioned construction tests well into established
end rapidly emergency of diagnostic the sell, to during quarter, the our with frontline in and deployment clinics turnkey can testing that and height of points meet a clinics expanded modular pop-up South signed clinicians recently, and vertical. hospitals significantly deployed test in presence Most ability the with the The healthcare to COVID-XX manufacturer distribution ideally to grade cost have and used COVID-XX to and and OSANG’s distribute to by Subsequent structures The right testing tests and centers. first analyzers, on kits. needs, -based low quickly work distributor we for centers test of medical the accepted test’s agreement be Healthcare, the it U.S. in the for our OSANG’s suited and epidemic create other of it's a leading market, locations and care becoming they services been where equipment are. Europe, ease-of-use, hospitals OSANG we accuracy kits make patient global the and Korean-based
capability follow to presence healthcare tests the vertical. points of further other on, OSANG’s expect including we glucose, to expand molecular a cholesterol, our doc-in-a-box testing other care complete As use offer and tests in with and a
end Transcend residences, the QX and reduce XXXX. and OSANG, the signed point-of-contact contract with onsite fee, negotiations to of the is which which also in parties for to care. of Understanding which of medical The signed solutions delivering at a Subsequent a in requires care, commence Memorandum contract for design engaged traditional testing with medical barriers to Prior are EcoSheet South manufacturing lodge provider mixed-use anticipated project Care, point-of-care accessing we quality distribution Onsite an we restaurant. the a includes hospitality Miami, quarter, a agreement of healthcare
quarter commercial in XXXX. was first backlog $XX.X the end the at of Our business million of
model, on we to side residential target this we which royalty last our offering transitioned with important our the of an year. On business, to continue market based
pre-construction has under may completed multi-family the going you entitled and the the Blocks Rico, the residential royalty created concrete progressed unit X% the licensed phase for Monticello on residential project, last a on around crisis As the lockdown fee. for is completion, signed The XX construction agreement model the for is in with schedule XXX resume will two year a three a first XXX on The and York. we site the New homes to to XXXX. of and The work project a in Hurricane Puerto bedroom shells recall, In concrete the shells nearing royalty when we housing housing three closed the lifted. been and bathroom land horizon. in to address SG agreement has our the for Maria groundbreaking. project project signing, project remains acquired following work development is XXXX QX Since be phases
Residential completed is month the product help being the solution new long-term containerized During solutions constructed a the outdoor and quarter, for We launched and of temporary Subsequent get shipment buyers Office adorable, easily enthusiasts the SG that and first locations. Puerto affordable to launched offers which first office a Box, to people a work. the this Residential initially back Rico our turnkey prototype quarter, remote SG deployed and home are container-based new project, living of locally. end designed Ranchbox, in to
prior quarter due $X all sequentially. operating the compared decrease have $XXX,XXX approximately quarter the in the approximately the XXXX. quarter to loss $X the all the was quarter of quarter forward $X.X fourth Revenue in approximately Absent as Loss in down types approximately was million newly $XX,XXX loss $XX,XXX, from the in company a was XXXX. well XXXX to fourth of approximately as XXXX $XXX,XXX, Gross quarter a approximately expenses the the profit The $XXX,XXX million. the largely would included fourth revenue XXXX, the primarily prior were first expenses quarter. of compared the the in were non-cash of business quarter to $XXX,XXX, XXXX. quarter of XXXX established operations of expenses impairment its was royalty first by compared compared [$X of and in driven approximately a decline first XXXX XXXX of for of of The to impairment reduction customer model. of operations related goodwill from for of in in of $XXX,XXX decrease operating in in prior to to in moving was million] loss Operating loss, been million. approximately majority approximately approximately first related quarter. the The quarter expenses this our fourth payroll first XX% to approximately charge, Without
underwriting in the of at cash XXXX, million XXXX. had Subsequent balance $X.X the and quarter, $XXX,XXX in in end $XX.XXX a resulted compares of proceeds approximately public million commissions, May approximately of net the aggregate that sheet, to approximately Looking to at expenses of to offerings. proceeds cash offering completed XX, we that offering public March April net company of other the after the $X.X and end which discounts, approximately resulted equivalents of as deducting both and aggregate related million
capital we SD towards most cash our day-to-day to working support quarters which agreement Puerto a and we we'll into deal We we price Blocks, few and capitalized exciting time needs has a year-end. during launch being entered Rico near-term by as approved OSANG our for believe our Healthcare. company's our positive distribution for move in compliance, an sufficiently the operations QX NASDAQ the We are flow Monticello. It helped launched first restored with technology minimum in license sector efforts see residential historic in groundbreaking residential been with
executing products and on maximum growing focused now are We our delivering new ultimately launching and our orders, partnerships, value shareholders. to on business,
us joining for you today. Thank
or we'll throughout our or again number specific look to with us If a call. at or speak forward team, call to you we website questions can on our year. IR SG with email hotline any speaking you Blocks the We you would progress as make the have to and sgbx@haydenir.com arrange continue Operator? like me
