<span item_type="fundamental" item_id="b5dce4a90ff1cb4c2aa1a59000246117" counter_id="ST/US/DLTI" env="prod"></span><span item_type="announcement" item_id="569658884171892097" env="prod"></span><p>Revenue: As of FY2024 Q1, the actual value is USD 35.06 K.</p><p>EPS: As of FY2024 Q1, the actual value is USD -0.01.</p><p>EBIT: As of FY2024 Q1, the actual value is USD -186.39 K.</p><p></p><h3>Financial Metrics by Segment</h3><h4>Revenue</h4><ul><li><strong>Three Months Ended March 31, 2024</strong>: $35,055 (generated by DLT Telecom, Inc.)</li><li><strong>Three Months Ended March 31, 2023</strong>: $46,529 (generated by DLT Resolution Corp., a discontinued operation)</li></ul><h4>Cost of Revenue</h4><ul><li><strong>Three Months Ended March 31, 2024</strong>: $24,745 (incurred by DLT Telecom, Inc.)</li><li><strong>Three Months Ended March 31, 2023</strong>: $21,837 (incurred by DLT Resolution Corp., a discontinued operation)</li></ul><h4>General and Administrative Expenses</h4><ul><li><strong>Three Months Ended March 31, 2024</strong>: $199,163</li><li><strong>Three Months Ended March 31, 2023</strong>: $31,036 (incurred by DLT Resolution Corp., a discontinued operation)</li></ul><h4>Other Income (Expense)</h4><ul><li><strong>Three Months Ended March 31, 2024</strong>: Foreign exchange loss of $109,557, other income of $5,412, and interest expense of $2,468</li><li><strong>Three Months Ended March 31, 2023</strong>: Foreign exchange loss of Nil, other income of Nil, and interest expense of $1,842</li></ul><h4>Net Income (Loss)</h4><ul><li><strong>Three Months Ended March 31, 2024</strong>: Net loss of - $295,465</li><li><strong>Three Months Ended March 31, 2023</strong>: Net income of $758,877 (primarily due to net income from discontinued operations of $1,265,454)</li></ul><h4>Cash Flow</h4><ul><li><strong>Net Cash Used in Operating Activities</strong>: - $16,670 (three months ended March 31, 2024) vs. - $161,881 (three months ended March 31, 2023)</li><li><strong>Net Cash Used in Discontinued Operating Activities</strong>: - $3,815 (three months ended March 31, 2024) vs. $158,278 (three months ended March 31, 2023)</li><li><strong>Net Cash Provided by Financing Activities</strong>: $69,659 (three months ended March 31, 2024) vs. - $6,532 (three months ended March 31, 2023)</li></ul><h3>Future Outlook and Strategy</h3><h4>Core Business Focus</h4><ul><li>The company plans to raise additional equity financing and borrow funds under a private credit facility and/or other credit sources to address its working capital deficit and continue operations. There is no assurance that additional financing will be available when needed or on acceptable terms. If the company is not able to secure adequate additional funding, it may be forced to make reductions in spending, extend payment terms with suppliers, and/or suspend or curtail commercialization activities.</li></ul><h4>Non-Core Business</h4><ul><li>The company sold its 100% ownership of DLT Resolution Corp. and other subsidiaries in 2023 and 2024, recognizing these as discontinued operations. This strategic move was aimed at focusing on its core business areas.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1420368/000147793225007463/dlti_10q.htm"></span></li></ul>

DLT Resolution Inc. | 10-Q: FY2024 Q1 Revenue: USD 35.06 K