Electronic Servitor net loss narrows to $170,479 in Q1 FY25; revenue falls to no revenue
ELLENDALE MINN XESP | 0.00 |
- Electronic Servitor Publication Network posted a net loss of $170,479 for the quarter ended March 31, 2025, slightly narrower than $173,068 a year earlier.
- Revenue fell to no revenue from $50,000 in the prior-year quarter.
- Operating expenses dropped to $164,228 from $216,817, including $139,847 of non-cash stock-based compensation tied to warrant issuance.
- Cash used in operating activities was $3,381; cash totaled $51,176 as of March 31, 2025.
- Management said it expects to need about $1.5 million over the next 12 months to continue operations as a going concern.
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: 0001683168-26-004905), on June 17, 2026, and is solely responsible for the information contained therein.
