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Pasadena-based Rockley Photonics is ramping up production of its wearable biosensors, but quarterly earnings underwhelmed due to increased expenditures, according to the company.

On Thursday, the eight-year-old company reported first quarter revenues of $1 million and a net loss of $36.2 million. By comparison, fourth quarter earnings in 2021 showed a revenue of $2.4 million and net loss of $7.1 million.

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Photo by Decerry Donato

The NFL has reportedly sounded out an unlikely potential media partner: Netflix.

The streaming giant, which has largely avoided sports so far, is among the media companies that the NFL has spoken with as it seeks distribution and/or equity partners for its NFL Media division, according to The Athletic. Other firms reportedly listed during a slideshow presentation at last week’s annual NFL team owners’ meeting included Amazon, Apple, Paramount, ESPN and Peacock, among others.

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