Biolase Inc (BIOL)
OTC PINK OTC PINK Primary Summary
BIOLASE Voluntarily Initiates Chapter 11 Proceedings
LAKE FOREST, CA / ACCESSWIRE / October 1, 2024 / BIOLASE, Inc. (NASDAQ:BIOL) (the "Company"), a global leader in dental lasers, today announced that the Company and its direct domestic subsidiaries have voluntarily initiated Chapter 11 proceedings (the "Bankruptcy Petitions") in the United States Bankruptcy Court for the District of Delaware (the "Court"). BIOLASE will seek Court approval to continue operating during the proceedings and remains focused on providing its customers with its award-winning dental lasers and customer service.
BIOLASE Reports 2024 Second Quarter Results; Achieves 40% Gross Margin as Global Consumable Sales Strengthen
LAKE FOREST, CA / ACCESSWIRE / August 8, 2024 / BIOLASE, Inc. (NASDAQ:BIOL), a leader in dental laser technology, today reported its financial results for the second quarter ended June 30, 2024. "We experienced another strong quarter in consumable revenue, recording our second-highest mark ever and achieving over 600 recurring subscriptions," commented John Beaver, President and Chief Executive Officer of BIOLASE.
BIOLASE Announces Delisting from Nasdaq
LAKE FOREST, CA / ACCESSWIRE / June 18, 2024 / BIOLASE, Inc. (NASDAQ:BIOL), a global leader in dental lasers, today announced that the Company received a notice from Nasdaq that it has determined to delist the shares of the Company's common stock from The Nasdaq Stock Market. The delisting is a result of failure to satisfy the $1.00 minimum bid price listing requirement in Nasdaq Listing Rule 5550(a)(2) and failure to comply with Nasdaq's $2,500,000 minimum stockholders' equity requirement for continued listing or any of the alternative requirements in Listing Rule 5550(b).
Biolase Inc (BIOL) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Biolase Inc ever had a stock split?
Biolase Inc Profile
| Health Care Equipment & Supplies Industry | Healthcare Sector | John R. Beaver CEO | OTC PINK Exchange | 090911702 CUSIP |
| US Country | 157 Employees | - Last Dividend | 28 Jul 2023 Last Split | 13 Nov 1992 IPO Date |
Overview
BIOLASE, Inc., operational since 1984 and currently headquartered in Foothill Ranch, California, plays a pivotal role in the dental industry, both in the United States and on an international scale. Originally known as BIOLASE Technology, Inc., it underwent a name change in 2012, emphasizing its focus and expertise in laser technology. BIOLASE specializes in the development, manufacturing, marketing, and sales of innovative laser systems designed explicitly for dental practitioners and their patients. Its mission is to modernize dental care by offering minimally invasive solutions for a broad spectrum of dental procedures, catering to dentists, periodontists, endodontists, pediatric dentists, oral surgeons, and other dental specialists.
Products and Services
BIOLASE's dedication to advancing dental care is evident in its comprehensive lineup of laser systems and related products, each designed to enhance the efficiency and effectiveness of dental treatments.
- Waterlase All-Tissue Dental Laser Systems: These cutting-edge systems are instrumental for dentists looking to perform minimally invasive procedures on both soft and hard tissues. This versatility makes Waterlase an essential tool for a wide range of cosmetic, restorative, and complex surgical applications, ensuring patients experience less discomfort and quicker recovery times compared to traditional methods.
- Diode Soft-Tissue Laser Systems: Specifically designed for procedures involving soft tissues, these laser systems are pivotal for hygiene, cosmetic procedures, teeth whitening, and the temporary relief of pain. Their precision and reduced need for anesthesia make them a favorite among dental professionals seeking to improve patient comfort and procedure outcomes.
- Epic Hygiene Laser: This particular laser system addresses the needs of dental professionals managing non-surgical periodontitis. It's also designed to enhance clinical production, making it an invaluable asset for practices aiming to optimize their operational efficiencies while delivering exceptional patient care.
In addition to its suite of laser systems, BIOLASE is also known for manufacturing and selling a broad range of consumable products and accessories designed to complement their lasers. This includes flexible fibers, handpieces, and teeth whitening gel kits, ensuring that dental practices are fully equipped to meet their patients' needs. Through a combination of direct sales force and an extensive distributor network, BIOLASE ensures its innovative products are accessible to dental professionals worldwide, furthering its mission to transform dental care through advanced technology.
