Tuesday, September 06, 2022 12:27:49 PM
- Overall Revenue decreased 40% over 2021 comparable period.
- 12% increase in Subscriptions.
- Total Operating Expenses decreased by 12% over 2021 comparable period.
- Reduced Notes Payable by 18%.
- Reduced Accounts Payable by 28%
- Other Income/Expenses decreased by 113% creating a net gain as we lowered accrued interest, reduced our government debt by $68,000 and eliminated losses from the extinguishment of debt.
- Overall decrease in Net Loss by 23% over comparable period.
https://www.globenewswire.com/news-release/2022/08/26/2505456/0/en/GTX-Corp-Reports-Second-Quarter-2022-Financial-Results-and-Corporate-Summary-Update.html
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