Analyst Summary
- Estimated total revenue for the three months ended December 31, 2024, is projected to be in the range of approximately $0.5 million to $0.6 million.
- Estimated total revenue for the year ended December 31, 2024, is projected to be in the range of approximately $0.9 million to $1.0 million.
- Cash decreased by approximately $3.9 million to $3.1 million as of December 31, 2024.
- Decrease in cash primarily due to $1.5 million cash payment for the acquisition of Debt Does Deals, LLC and increased operating expenses related to the acquisition.
Potential Implications
Stock Price
- The preliminary nature of the financial data and the disclaimer from the accounting firm may introduce uncertainty, potentially leading to stock price volatility.
- The decrease in cash reserves may concern investors, potentially negatively impacting the stock price.