share_log

10-Q: Q1 2024 Earnings Report

10-Q: Q1 2024 Earnings Report

10-Q:2024財年一季報
美股SEC公告 ·  2024/05/16 04:34

Moomoo AI 已提取核心訊息

Signing Day Sports, Inc. reported its financial results for the quarter ended March 31, 2024. The company saw a significant increase in net revenues, reaching $234,627 compared to $54,020 in the same period last year, primarily due to increased event and subscription revenue. Cost of revenues also rose to $69,034, up from $16,349 year-on-year. Operating expenses totaled $2,135,694, with general and administrative expenses accounting for the majority at $2,042,969. The company reported a net loss of $2,497,886, widening from a net loss of $865,251 in the previous year. The loss was attributed to higher operating costs and expenses, including a commitment fee related to a new equity financing facility. In terms of business development, Signing Day Sports continued to expand its digital ecosystem for high school athletes and college coaches, with a focus on football, baseball, softball, and soccer. The company's future plans include further growth and expansion of operations, seeking additional capital, and continuing its path to profitability through increased business development, marketing, and sales initiatives.
Signing Day Sports, Inc. reported its financial results for the quarter ended March 31, 2024. The company saw a significant increase in net revenues, reaching $234,627 compared to $54,020 in the same period last year, primarily due to increased event and subscription revenue. Cost of revenues also rose to $69,034, up from $16,349 year-on-year. Operating expenses totaled $2,135,694, with general and administrative expenses accounting for the majority at $2,042,969. The company reported a net loss of $2,497,886, widening from a net loss of $865,251 in the previous year. The loss was attributed to higher operating costs and expenses, including a commitment fee related to a new equity financing facility. In terms of business development, Signing Day Sports continued to expand its digital ecosystem for high school athletes and college coaches, with a focus on football, baseball, softball, and soccer. The company's future plans include further growth and expansion of operations, seeking additional capital, and continuing its path to profitability through increased business development, marketing, and sales initiatives.
Signing Day Sports公司報告了截至2024年3月31日的財務業績。該公司的淨營業收入顯著增長,達到234,627美元,而去年同期爲54,020美元,主要是由於活動和訂閱收入的增加所致。營業成本也從去年的16,349美元上漲至69,034美元。營業費用總計爲2,135,694美元,其中一般和管理費用佔大多數,達到2,042,969美元。公司淨虧損爲2,497,886美元,較去年同期的淨虧損865,251美元擴大。該損失歸因於營業成本和費用的增加,包括與新的股權融資設施有關的承諾費用。在業務發展方面,Signing Day Sports繼續擴大其高中運動員和大學教練的數字生態系統,主要集中於橄欖球、棒球、壘球和足球。公司未來計劃包括進一步增長和擴大運營、尋求額外資本,並通過增加業務拓展、市場和銷售倡議來實現盈利。
Signing Day Sports公司報告了截至2024年3月31日的財務業績。該公司的淨營業收入顯著增長,達到234,627美元,而去年同期爲54,020美元,主要是由於活動和訂閱收入的增加所致。營業成本也從去年的16,349美元上漲至69,034美元。營業費用總計爲2,135,694美元,其中一般和管理費用佔大多數,達到2,042,969美元。公司淨虧損爲2,497,886美元,較去年同期的淨虧損865,251美元擴大。該損失歸因於營業成本和費用的增加,包括與新的股權融資設施有關的承諾費用。在業務發展方面,Signing Day Sports繼續擴大其高中運動員和大學教練的數字生態系統,主要集中於橄欖球、棒球、壘球和足球。公司未來計劃包括進一步增長和擴大運營、尋求額外資本,並通過增加業務拓展、市場和銷售倡議來實現盈利。
声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息