I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2025 Q1, the actual value is USD 1.564 K.
EPS: As of FY2025 Q1, the actual value is USD -0.01.
EBIT: As of FY2025 Q1, the actual value is USD -383.7 K.
Segment Revenue
- Revenue for the three months ended March 31, 2025 was $1,564, compared to $0 for the same period in 2024.
Operational Metrics
- Net loss for the three months ended March 31, 2025 was - $383,696, compared to - $618,627 for the same period in 2024, representing a decrease of 38%.
- General and administrative expenses decreased by 36% from $617,374 in 2024 to $398,147 in 2025.
Cash Flow
- Net cash used in operating activities for the three months ended March 31, 2025 was - $227,936, compared to - $360,632 for the same period in 2024.
- Net cash used in investing activities for the three months ended March 31, 2025 was $0, compared to - $5,469 for the same period in 2024.
- Net cash used in financing activities for the three months ended March 31, 2025 was $0, compared to - $38,740 for the same period in 2024.
Unique Metrics
- Gain on sale of property and equipment for the three months ended March 31, 2025 was $12,866.
Future Outlook and Strategy
- The company plans to use proceeds from previous funding rounds for operating expenses, marketing, event expenses, streaming, retention of additional staff, working capital, and general corporate purposes, including potential acquisitions of game licenses and strategic partnerships.
- Management believes additional funding may be necessary to meet operational and liquidity requirements for at least 12 months after the date of the quarterly report.