TORONTO, ON / ACCESSWIRE / September 6, 2024 / Nextech3D.AI (the "Company") (OTCQX:NEXCF)(CSE:NTAR)(FSE:1SS) is pleased to announce that further to the Company's press release dated August 16, 2024, the Company proposes to reprice the financing and complete a non-brokered private placement (the "Offering") pursuant to which it will issue up to 28,000,000 units ("Units") at a price of C$0.10 per Unit, to raise aggregate gross proceeds of up to C$2,800,000. Each Unit will be comprised of one common share of the Company (a "Share") and one common share purchase warrant (a "Warrant"); with each whole Warrant exercisable to acquire one additional Share at a price of $0.15 for a period of 24 months from the date of issuance thereof, provided that if the daily volume weighted average trading price of the Shares on the Canadian Securities Exchange exceeds $0.30 for ten consecutive trading days, the Company may accelerate the expiry date of the Warrants to the date which is 30 days following the date upon which the Company provides notice of such acceleration to the holders of the Warrants.
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) announced the granting of three new patents by the United States Patent and Trademark Office (USPTO) for its AI-based 3D model generation technology. These patents focus on innovative AI-based algorithms for 3D model generation, the company said in a statement.
Growing Portfolio Now Includes a Total of Five Patents In the Field of 3D Modeling TORONTO, ON / ACCESSWIRE / September 4, 2024 / Nextech3D.ai (OTCQX:NEXCF)(CSE:NTAR)(FSE:1SS), a leading provider of Generative AI-powered 3D model content for major e-commerce retailers like Amazon, P&G, and Kohl's, is thrilled to announce that the United States Patent and Trademark Office (USPTO) has granted the company three new patents for innovative AI-based algorithms designed for 3D model generation. These new patents are part of Nextech3D.ai's growing portfolio, which now includes a total of five patents in the field of 3D modeling.
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) has reported its financial results for the second quarter, notably achieving a significant improvement in its profit margin. For the quarter ended June 30, the 3D model specialist saw its profit margin was 74%, up from 30% in 2023 and 51% in the first quarter.
Q2 Highlights Now Amazon Certified 3D Content Provider Launches AI Generated Digital Photography studio Record 74% Profit Margin Achieved Issued 2D-3D Patent #11,948,248 Adds AI 3D Mesh Search Engine TORONTO, ON / ACCESSWIRE / August 29, 2024 / Nextech3D.AI (OTCQX:NEXCF)(CSE:NTAR)(FSE:EP2), a frontrunner in generative AI-powered 3D modeling technology for major e-commerce entities such as Amazon, Miele, P&G, Kohls, other major e-commerce retailers reports its unaudited financial and operating results for its second quarter ended June 30th, 2024. Financial Performance Revenue: $1,108,000 with Record Gross Profit Margin of 74% or $820,000 A 45% Increase Over Q1, 2024 and an 80% increase over Q2 2023.
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) has unveiled new features for its Aritize3D platform aimed at improving product experiences and making it easier for customers to visualise 3D models. The company's platform is designed to support e-commerce brands and Amazon sellers by offering advanced 3D modeling solutions.
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF), a versatile augmented reality and AI technology company, has announced the launch of new key features for its Generative AI-powered Aritize3D platform for crafting 3D models. The company said the new features are designed to enhance the shopping experience for its customers and their end users.
Company is Positioned for growth with its Patented 2D-3D Generative AI Powered 3D Modeling Platform TORONTO, ON / ACCESSWIRE / August 27, 2024 / Nextech3D.AI (OTCQB:NEXCF)(CSE:NTAR)(FSE:1SS), a leading generative AI-powered 3D technology company and a certified 3D Content provider for Amazon is pleased to announce key new features for its gen AI powered Aritize3D platform that enhance product experiences and make it easier for customers to visualize 3D models. The launch of these new platform features, are designed to enhance the shopping experience for its customers and their end users.
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) CEO Evan Gappelberg joined Proactive to discuss the company's preliminary second quarter financial results released this week. Notably, the company achieved a 70% gross margin and grew its revenue to $1.2 million.
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) has unveiled its preliminary unaudited financial and operating results for the second quarter of 2024, which ended on June 30. The leading AI-powered 3D model provider for eCommerce saw its revenue grow year-over-year to $1.2 million from $1 million.
70% Gross Margin Marks a New Six-Year High For The Company TORONTO, ON / ACCESSWIRE / July 30, 2024 / Nextech3D.AI (OTCQX:NEXCF)(CSE:NTAR)(FSE:EP2), a Certified 3D Model External Content Provider (ECP) for Amazon and a leading generative AI-powered 3D modeling technology company for major e-commerce entities, announces its preliminary unaudited financial and operating results for Q2 2024, ending June 30, 2024. These results indicate strong revenue growth of $1.2 million, up from $1 million in Q1 2024.
Google shopping listings now available with Nextech3d.ai 3D assets TORONTO, ON / ACCESSWIRE / July 22, 2024 / Nextech3D.AI (OTCQX:NEXCF)(CSE:NTAR)(FSE:EP2), a Certified 3D Model External Content Provider (ECP) for Amazon and a leading generative AI-powered 3D modeling technology company for major e-commerce entities, is excited to share that the 3D assets and the 2D Photo rendering solutions in Nextech3d.ai 3D platform are now fully compatible with with Google Merchant Center. This compatibility allows businesses to leverage Nextech3d.ai's high-quality 3D models to enhance their product listings and create immersive shopping experiences for their customers.