Transuite.org FY25 net loss widens to $37.16 million; revenue turns to $117,765
TRANSUITE ORG INC
TRANSUITE ORG INC TRSO | 0.00 |
- Transuite.org posted fiscal 2025 revenue of USD 117,765, compared with no revenue a year earlier.
- Net loss widened to USD 37.16 million from USD 374,877, as operating expenses climbed to USD 37.28 million.
- Operating costs included USD 14.69 million of goodwill impairment, while stock-based compensation totaled USD 22.32 million from issuing 27,960,000 shares for services.
- Working capital deficiency widened to USD 489,596 from USD 194,191, while cash used in operating activities narrowed to USD 69,282 from USD 180,533.
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