RetinalGenix Technologies Inc.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Climate Goals & Targets
Short-term Goals:
- Complete product design and testing for RetinalGeniX™ and RetinalCam™ and submit RetinalGeniX™ for FDA clearance.
Environmental Challenges
- Lack of funding to continue operations for the next 12 months.
- Material weakness in internal controls due to lack of segregation of duties.
- Incurring net losses every year and expecting increased expenses.
- Substantial doubt about the ability to continue as a going concern.
Mitigation Strategies
- Seeking additional capital through equity and debt securities offerings and strategic partnerships.
- Working to remediate the material weakness in internal controls.
- Strengthening management team and adding expertise in finance and operations.
Supply Chain Management
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- RetinalGenix™
- RetinalCam™
- RTG-2023
- RTG-2024