KINDLY MD INC C/WTS 31/05/2029 (TO PUR COM) | 10-Q: FY2025 Q2 Revenue: USD 408.53 K
I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2025 Q2, the actual value is USD 408.53 K.
EPS: As of FY2025 Q2, the actual value is USD -0.35.
EBIT: As of FY2025 Q2, the actual value is USD -2.414 M.
Segment Revenue
- Patient Care Services: Revenue for the three months ended June 30, 2025, was $408,039, a decrease from $608,925 in the same period in 2024. For the six months ended June 30, 2025, revenue was $978,975, down from $1,394,768 in 2024.
- Product Retail Sales: Revenue for the three months ended June 30, 2025, was $488, a significant decrease from $30,132 in 2024. For the six months ended June 30, 2025, revenue was $1,311, down from $73,318 in 2024.
- Service Affiliate Agreements: Revenue for the six months ended June 30, 2025, was $7,896, with no revenue reported in the same period in 2024.
Operational Metrics
- Net Loss: For the three months ended June 30, 2025, the net loss was $2,413,787, compared to $1,319,653 in 2024. For the six months ended June 30, 2025, the net loss was $3,451,798, compared to $1,601,979 in 2024.
- Operating Expenses: Total operating expenses for the three months ended June 30, 2025, were $2,800,018, up from $1,676,250 in 2024. For the six months ended June 30, 2025, operating expenses were $4,421,414, up from $2,742,406 in 2024.
Cash Flow
- Operating Cash Flow: Net cash used in operating activities for the six months ended June 30, 2025, was - $2,776,302, compared to - $1,126,976 in 2024.
- Investing Cash Flow: Net cash used in investing activities for the six months ended June 30, 2025, was - $2,521,108, compared to - $11,182 in 2024.
- Financing Cash Flow: Net cash provided by financing activities for the six months ended June 30, 2025, was $9,048,390, compared to $5,352,664 in 2024.
Unique Metrics
- Digital Assets: The company purchased 21 bitcoins during the six months ended June 30, 2025, with a cost basis of $2,289,585 and a fair value of $2,250,566 as of June 30, 2025.
Future Outlook and Strategy
- Core Business Focus: The company plans to continue expanding its medical services and shift towards insurance billing with commercial and governmental payers, including Medicare and Medicaid.
- Non-Core Business: The company is focusing on acquiring and holding bitcoin as part of its treasury strategy, initiated through its proposed merger with Nakamoto Holdings Inc.
