LeoNovus Inc. announced earnings results for the second quarter ended June 30, 2016. For the quarter, revenue was nil compared to $48,000 for the second quarter of 2015. Net loss from operations was $257,000 compared to $699,000 in 2015.

The company provided cash flow guidance for the four months ended October 2016. The company anticipates a cash inflow of over $1,200,000 by the end of October 2016 as loans to the company are due to be paid.