The research company Respiratorius reports, as planned, no revenue in the fourth quarter. The operating loss decreased.The operating result was -1.7 million SEK (-1.9). Result before tax was -1.7 million SEK (-1.9). Result after tax was -1.7 million SEK (-1.9). Earnings per share amounted to -0.21 SEK (-0.37).Cash flow from operations during the period amounted to -0.8 (-1.0)."To ensure the company's continued development, a rights issue was carried out during the year, adding approximately 10 MSEK before issue costs. The financing gives the company good financial flexibility and the conditions to run the operations according to plan ahead of the next development stage. According to the budget, the capital is sufficient to finance operations during 2026", writes CEO Johan Drott.Respiratorius, SEK millionQ4-2025Q4-2024Net sales0.00.0Operating result-1.7-1.9Result before tax-1.7-1.9Net result-1.7-1.9Earnings per share, SEK-0.21-0.37