---
title: "Collective Audience | 10-Q: FY2024 Q3 Revenue: USD 3.128 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/239631163.md"
datetime: "2025-05-09T20:05:34.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/239631163.md)
  - [en](https://longbridge.com/en/news/239631163.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/239631163.md)
generator: "portal-rs"
---

# Collective Audience | 10-Q: FY2024 Q3 Revenue: USD 3.128 M

Revenue: As of FY2024 Q3, the actual value is USD 3.128 M.

EPS: As of FY2024 Q3, the actual value is USD -0.65.

### Segment Revenue

-   Total Revenue for the nine months ended September 30, 2024, was $3,128,238, compared to $11,663,762 for the same period in 2023, representing a decrease of 73.2%.

### Operational Metrics

-   Net Loss for the nine months ended September 30, 2024, was - $13,687,476, compared to - $4,291,281 for the same period in 2023.
-   Operating Expenses for the nine months ended September 30, 2024, were $5,637,007, compared to $15,822,980 for the same period in 2023.
-   General and Administrative Expenses increased to $2,514,056 for the three months ended September 30, 2024, from $1,325,256 for the same period in 2023, an increase of 90%.

### Cash Flow

-   Net Cash Used in Operating Activities for the nine months ended September 30, 2024, was - $7,463,010, compared to - $2,266,958 for the same period in 2023.
-   Net Cash Provided by Financing Activities for the nine months ended September 30, 2024, was $399,999, compared to $7,116,631 for the same period in 2023.

### Unique Metrics

-   Impairment of Intangible Assets recorded for the nine months ended September 30, 2024, was $4,489,000, reducing the remaining balance of DLQ and Push Interactive’s Trademark, Software, and Customer List assets to zero.

### Future Outlook and Strategy

-   **Core Business Focus**: The company plans to leverage the acquisition of BeOp and DSL to enhance its market presence and operational efficiencies, with a focus on expanding its B2B advertising and media offerings.
-   **Non-Core Business**: The company is exploring strategic alliances with enterprise investors focused on digital marketing and advertising technology to address liquidity concerns and fund operations beyond 2024.

### Priority

-   The company emphasizes the importance of securing additional capital to satisfy liquidity needs and continue operations, with a potential exclusive financing source of up to $30 million from the Sponsor.

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- [CAUD.US](https://longbridge.com/en/quote/CAUD.US.md)

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**