How did ECOR's 2024 expenses affect profitability?

ElectroCore's 2024 expenses had a significant negative impact on profitability, as evidenced by the company's financial results for the year. The total expenses for the year were -$11.89 million, which is a substantial amount of money that would have otherwise been available to contribute to the company's bottom line as net income. The fact that the net income for the year was not provided in the report suggests that the company may have incurred a net loss, which would be the result of the expenses exceeding any revenue that the company may have generated during the year. This is a clear indication that ElectroCore's 2024 expenses had a detrimental effect on the company's profitability, and it is an aspect that investors and stakeholders should take into account when evaluating the company's financial health and future prospects.

|code|Ticker|Name|Date|Operating Expenses|Net Income|market_code|
|---|---|---|---|---|---|---|
|ECOR|ECOR.O|electroCore|2024 Q1||-3506000|186|
|ECOR|ECOR.O|electroCore|2024 Q2||-2655000|186|
|ECOR|ECOR.O|electroCore|2024 Q3||-2497000|186|
|ECOR|ECOR.O|electroCore|2024 Q4||-3228000|186|