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10-Q/A: Q3 2022 Earnings Report

10-Q/A: Q3 2022 Earnings Report

10-Q/A:2022财年三季报
美股SEC公告 ·  2024/08/29 15:26

Moomoo AI 已提取核心信息

Lottery.com reported Q3 2023 revenue of $285,523, down 60% from $711,477 in Q3 2022, while net loss narrowed to $3.4 million from $6.1 million year-over-year. Gross profit declined 52% to $213,352, impacted by lower lottery game sales and reduced business partner revenue.Operating expenses decreased 48% to $3.37 million, driven by significant reductions in professional fees and general administrative costs. The company maintained minimal operations since its July 2022 operational cessation, focusing on restarting core businesses. It resumed limited B2B API operations in April 2023 and plans to relaunch its B2C platform in Q1 2024.The company secured funding through loan agreements with Woodford and UCIL, receiving approximately $991,000 and $798,000 respectively. However, management noted substantial doubt about continuing as a going concern, citing need for additional capital to fund operations, rehire employees and pay approximately $3.46 million in outstanding payroll obligations.
Lottery.com reported Q3 2023 revenue of $285,523, down 60% from $711,477 in Q3 2022, while net loss narrowed to $3.4 million from $6.1 million year-over-year. Gross profit declined 52% to $213,352, impacted by lower lottery game sales and reduced business partner revenue.Operating expenses decreased 48% to $3.37 million, driven by significant reductions in professional fees and general administrative costs. The company maintained minimal operations since its July 2022 operational cessation, focusing on restarting core businesses. It resumed limited B2B API operations in April 2023 and plans to relaunch its B2C platform in Q1 2024.The company secured funding through loan agreements with Woodford and UCIL, receiving approximately $991,000 and $798,000 respectively. However, management noted substantial doubt about continuing as a going concern, citing need for additional capital to fund operations, rehire employees and pay approximately $3.46 million in outstanding payroll obligations.
彩票股公司报告2023年第三季度营业收入为285,523美元,同比下降60%,2022年第三季度为711,477美元,而净亏损缩小至340万,同比减少610万。毛利润下降52%,至213,352美元,受到彩票游戏销售减少和业务伙伴营收下降的影响。营业费用下降48%,至337万,主要由于专业费用和一般行政成本的大幅减少。自2022年7月停止运营以来,公司维持了最小的运营,专注于重新启动核心业务。它于2023年4月恢复了有限的B20亿 API运营,并计划在2024年第一季度重新推出其B2C平台。公司通过与Woodford和UCIL的贷款协议获得了资金,分别获得约991,000美元和798,000美元。然而,管理层表示持续经营的重大疑虑,指出需要额外资本来资助运营、重新招聘员工并支付约346万的未支付工资义务。
彩票股公司报告2023年第三季度营业收入为285,523美元,同比下降60%,2022年第三季度为711,477美元,而净亏损缩小至340万,同比减少610万。毛利润下降52%,至213,352美元,受到彩票游戏销售减少和业务伙伴营收下降的影响。营业费用下降48%,至337万,主要由于专业费用和一般行政成本的大幅减少。自2022年7月停止运营以来,公司维持了最小的运营,专注于重新启动核心业务。它于2023年4月恢复了有限的B20亿 API运营,并计划在2024年第一季度重新推出其B2C平台。公司通过与Woodford和UCIL的贷款协议获得了资金,分别获得约991,000美元和798,000美元。然而,管理层表示持续经营的重大疑虑,指出需要额外资本来资助运营、重新招聘员工并支付约346万的未支付工资义务。
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