Why did AIMD's revenue costs drop sharply in Q4 2024?

The significant drop in revenue and cost of goods sold for Ainos (AIMD) in Q4 2024 can be attributed to strategic initiatives that the company is undertaking to prepare for future growth.

|code|Ticker|Name|Date|Total Revenue|Net Income|market_code|
|---|---|---|---|---|---|---|
|AIMD|AIMD.O|Ainos|2024 Q1|20729|-3314810|186|
|AIMD|AIMD.O|Ainos|2024 Q2||-3195022|186|
|AIMD|AIMD.O|Ainos|2024 Q3||-3699317|186|
|AIMD|AIMD.O|Ainos|2024 Q4||-4654012|186|

Ainos is actively preparing for the commercial launch of its AI Nose technology in the semiconductor industry and smart manufacturing. The company's partnership with ASE Chung Li (ASECL) is a critical component of this strategy. By focusing on optimizing and deploying AI Nose technology in ASECL's operations, Ainos is addressing the untapped potential of airborne volatile organic compounds (VOCs) in semiconductor manufacturing. This technology is expected to improve real-time air quality monitoring, predictive maintenance, process control, and yield optimization, ultimately leading to enhanced ESG compliance and sustainable manufacturing practices.

In conclusion, Ainos' revenue and cost drop in Q4 2024 is a strategic move to position the company for future growth by investing in research and development and preparing for commercial launch.