Electronic Servitor net loss narrows to $167,945 in Q3 2024; revenue falls to no revenue
ELLENDALE MINN XESP | 0.00 |
- Electronic Servitor Publication Network posted a net loss of $167,945 for the three months ended Sept. 30, 2024, narrowing from $407,838.
- Revenue was nil, compared with $22,500 a year earlier.
- Operating expenses fell to $161,694 from $425,599, led by general and administrative costs of $21,847 and stock-based compensation of $139,847.
- For the nine months ended Sept. 30, revenue rose to $50,000 from $45,000 as net loss narrowed to $519,583 from $776,023.
- Cash was nil at quarter-end, with a $7.71 million accumulated deficit and an estimated $1.5 million needed over the next 12 months.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Electronic Servitor Publication Network Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-26-004421), on June 01, 2026, and is solely responsible for the information contained therein.
