GENEVA, Switzerland, May 24, 2024 (GLOBE NEWSWIRE) -- Etrion Corporation ("Etrion" or the "Company", and, together with its subsidiaries, the "Group") released today its condensed consolidated interim financial statements and related management's discussion and analysis ("MD&A") for the three months ended March 31, 2024. Q1-24 HIGHLIGHTS Etrion closed the first quarter of 2024 with an unrestricted cash balance of US$6.3 million and a positive working capital of US$6.6 million. Management Comments Marco A. Northland, the Company's Chief Executive Officer, commented, "The Company going forward will maintain very limited resources and proceed with a windup of the Company as previously disclosed." FINANCIAL SUMMARY     Three months ended US$ thousands (unless otherwise stated)     Q1-24 Q1-23           Financial performance from continuing operations         EBITDA     (370 ) (380 ) Net loss