Summary by Moomoo AI
Collective Audience, Inc. (CAUD), a Delaware-based company, reported its financial performance for the quarter ended March 31, 2024. The company experienced a net loss of $1,211,381, with a basic and diluted net loss per share of $0.09. This loss from operations was primarily due to legal costs and SEC filings post-business combination. The company's revenue for the quarter was reported at $0, indicating a focus on completing the Initial Business Combination announced on October 31, 2023. Operating expenses included sales and marketing costs of $50,000 and general and administrative expenses of $783,663. The company also reported a total other income expense of $377,717 for the quarter. Collective Audience, Inc. has undergone significant business development, including the acquisition of DSL Digital, LLC, and BeOp, which are expected to...Show More