Novan, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was USD 3.17 million compared to USD 1.93 million a year ago. Net loss was USD 14.12 million compared to USD 13.38 million a year ago.

Basic loss per share from continuing operations was USD 0.54 compared to USD 0.71 a year ago. Diluted loss per share from continuing operations was USD 0.54 compared to USD 0.71 a year ago.