Spine Pain Management Reports $6.3M in Total Cash Collection

 

Spine Pain Management, a spine injury-focused medical device and technology company, has reported its second quarter financial results.

 

The company has gained more than $6.3 million in total cash collections and reduced its debt by $390,000.

The company reported $867,331 in net revenue. Net revenue was $919,396 in the second quarter of 2012.

The company attributes the decline in net revenue to the repayment of debt.

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