AVITA Medical, Inc. files 10-Q

AVITA Medical reported a net loss of $10.6 million for the first quarter of 2026, a decrease from the $13.9 million net loss in the same period of 2025, driven by increased revenues and reduced operating expenses. However, the company continues to face substantial doubt about its ability to continue as a going concern due to recurring losses and negative cash flows, despite securing a new $60 million credit facility.