<span item_type="fundamental" item_id="321110547f5bf6f0e27630ea79505131" counter_id="ST/US/ATDS" env="prod"></span><span item_type="announcement" item_id="534068797039250690" env="prod"></span><p>Revenue: As of FY2025 Q1, the actual value is USD 1.167 M.</p><p>EPS: As of FY2025 Q1, the actual value is USD -0.01.</p><p></p><h3>Revenue</h3><ul><li>Revenue for the three months ended March 31, 2025, was $1,166,589, a decrease of 23% compared to $1,511,058 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1068689/000164117225016117/form10-q.htm"></span></li></ul><h3>Gross Profit</h3><ul><li>Gross profit for the three months ended March 31, 2025, was $793,439, a decrease of 12% compared to $898,100 for the same period in 2024. The gross profit percentage increased to 68% from 59%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1068689/000164117225016117/form10-q.htm"></span></li></ul><h3>Operating Expenses</h3><ul><li>Total operating expenses for the three months ended March 31, 2025, were $1,135,717, a decrease of 22% compared to $1,458,413 for the same period in 2024. General and administrative expenses decreased by 5% to $1,116,793, and sales and marketing expenses decreased by 93% to $18,924.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1068689/000164117225016117/form10-q.htm"></span></li></ul><h3>Net Loss</h3><ul><li>Net loss for the three months ended March 31, 2025, was $676,664, a decrease of 58% compared to $1,629,159 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1068689/000164117225016117/form10-q.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>Net cash used in operating activities for the three months ended March 31, 2025, was - $164,330, compared to $213,303 provided by operating activities in the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1068689/000164117225016117/form10-q.htm"></span></li><li>Net cash provided by financing activities for the three months ended March 31, 2025, was $13,773, compared to - $292,810 used in the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1068689/000164117225016117/form10-q.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li>The company plans to further integrate its suite of data security, ransomware protection, and privacy products, offering them to enterprise customers directly and via partner channels. The strategy includes aggressive pursuit of acquisitions in the cybersecurity sector, increased spending on research and development, and expansion of the customer base and sales capacity.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1068689/000164117225016117/form10-q.htm"></span></li></ul>

Data443 Risk Mitigation, Inc. | 10-Q: FY2025 Q1 Revenue: USD 1.167 M