<span item_type="fundamental" item_id="84c8fdac7927959fc78c6f458d1e0ae1" counter_id="ST/US/DLTI" env="prod"></span><span item_type="announcement" item_id="577703047448823169" env="prod"></span><p>Revenue: As of FY2024 Q2, the actual value is USD 29.27 K.</p><p>EPS: As of FY2024 Q2, the actual value is USD 0.</p><p>EBIT: As of FY2024 Q2, the actual value is USD -347.34 K.</p><p></p><h3>Segment Revenue</h3><ul><li><strong>DLT Telecom, Inc.</strong>: Revenues for the three and six months ended June 30, 2024, were $29,270 and $64,325, respectively. In comparison, for the same periods in 2023, revenues were $25,627, all generated by DLT Resolution Corp., a discontinued operation.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1420368/000147793225007847/dlti_10q.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Cost of Revenue</strong>: For the three and six months ended June 30, 2024, the cost of revenue was $16,449 and $41,194, respectively, incurred by DLT Telecom, Inc. For the same periods in 2023, the cost was $5,701, incurred by DLT Resolution Corp.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1420368/000147793225007847/dlti_10q.htm"></span></li><li><strong>General and Administrative Expenses</strong>: These expenses were $358,895 and $558,058 for the three and six months ended June 30, 2024, respectively, compared to $9,141 for both periods in 2023. The increase was primarily due to costs incurred to reduce the backlog in accounting and audit financial statements.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1420368/000147793225007847/dlti_10q.htm"></span></li><li><strong>Net (Loss) from Continuing Operations</strong>: For the three and six months ended June 30, 2024, losses were -$328,922 and -$624,386, respectively. In contrast, for the same periods in 2023, income from continuing operations was $8,836 and $7,007, respectively.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1420368/000147793225007847/dlti_10q.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Net Cash Used in Operating Activities</strong>: For the six months ended June 30, 2024, net cash used was -$196,001, compared to -$108,576 for the same period in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1420368/000147793225007847/dlti_10q.htm"></span></li><li><strong>Net Cash Provided by Financing Activities</strong>: During the six months ended June 30, 2024, the company provided $764,639 from financing activities, primarily from sales of common stock.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1420368/000147793225007847/dlti_10q.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Net Income (Loss) from Discontinued Operations</strong>: For the three and six months ended June 30, 2024, net income from discontinued operations was $277,927, resulting from the sale of DLT Resolution Corp. In 2023, net income from discontinued operations was $1,243,387, primarily from the sale of DLT Data Services Inc. and Union Strategies Inc.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1420368/000147793225007847/dlti_10q.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company plans to raise additional equity financing and borrow funds under a private credit facility to address its going concern issues. There is no assurance that additional financing will be available when needed or on acceptable terms.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1420368/000147793225007847/dlti_10q.htm"></span></li><li><strong>Non-Core Business</strong>: The company has divested its ownership in DLT Resolution Corp., DLT Data Services Inc., and Union Strategies Inc., recognizing these as discontinued operations.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1420368/000147793225007847/dlti_10q.htm"></span></li></ul>

DLT Resolution Inc. | 10-Q: FY2024 Q2 Revenue: USD 29.27 K