Meta Materials Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was USD 1.41 million compared to USD 2.97 million a year ago. Net loss was USD 18.67 million compared to USD 18.43 million a year ago.

Basic loss per share from continuing operations was USD 5 compared to USD 6 a year ago. Diluted loss per share from continuing operations was USD 5 compared to USD 6 a year ago.