Nano-X Imaging (NNOX) Q4 2025 Earnings Transcript

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DATE

Monday, July 20, 2026 astatine 12 a.m. ET

CALL PARTICIPANTS

• Chief Executive Officer and Acting Chairman — Erez Meltzer

• Chief Financial Officer — Ran Daniel

• Investor Relations — Mike Cavanaugh

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Full Conference Call Transcript

Operator: Ladies and gentlemen, convey you for lasting by. Welcome to the Nano-X Fourth Quarter 2025 Earnings Call. [Operator Instructions] Please beryllium advised that today's league is being recorded. I would similar present to crook the league implicit to Mike Cavanaugh, Investor Relations. Please spell ahead.

Mike Cavanaugh: Good morning, and invited to the Nano-X Imaging Fourth Quarter 2025 Investor Call. Earlier today, Nano-X Imaging Ltd. released fiscal results for the 4th ending December 31, 2025. The merchandise is presently disposable connected the Investors conception of the company's website. With maine contiguous are Erez Meltzer, Chief Executive Officer and acting Chairman; and Ran Daniel, Chief Financial Officer. Before we get started, I would similar to punctual everyone that absorption volition beryllium making statements during this telephone that see forward-looking statements regarding the company's fiscal results, probe and development, manufacturing and commercialization activities, regulatory process and objective activities, among different matters.

These statements are taxable to risks, uncertainties and assumptions that are based connected management's existent expectations arsenic of contiguous and whitethorn not beryllium updated successful the future. Therefore, these statements should not beryllium relied upon arsenic representing the company's views arsenic of immoderate consequent date. Factors that whitethorn origin specified a quality include, but are not constricted to, those described successful the company's filings with the Securities and Exchange Commission. We volition besides notation to definite non-GAAP fiscal measures to supply further accusation to investors.

A reconciliation of the non-GAAP to GAAP measures is provided with our property merchandise with the superior differences being non-GAAP nett nonaccomplishment attributable to mean shares, non-GAAP outgo of revenue, non-GAAP gross profit, non-GAAP gross nett margin, non-GAAP probe and improvement expenses, non-GAAP income and selling expenses, non-GAAP wide and administrative expenses and non-GAAP gross nonaccomplishment per share. With that, I'd present similar to crook the telephone implicit to Erez Meltzer.

Erez Meltzer: Thank you, Mike, and convey you each for joining america today. In the 4th fourth of 2025, we continued to determination the concern guardant crossed aggregate fronts. While our superior absorption remains connected expanding our commercialized presence, fixed the existent geopolitical situation, we spent a batch of efforts during the 4th and the opening of 2026 to unafraid our proviso concatenation and fortify our fiscal positions arsenic well. On apical of that, we made bully advancement advancing the capabilities of Nanox level and strengthening the operational infrastructure needed to enactment our semipermanent growth.