Data443 Risk Mitigation Inc (ATDS)

[Bubae]

How is this sustainable even with this continuous reverse split and share selling scheme? Interest expense of $5,979,456 for 2022 nearly double that of 2021. That is obscene. LOL

For the fiscal year ended: December 31, 2022
https://www.otcmarkets.com/filing/html?id=16432850&guid=n44-keSHJML0dth

Net Loss

The net loss for the year ended December 31, 2022 was mainly derived from an operating loss of $3,676,128, and interest expense of $5,979,456 and loss on change in fair value of derivative liability of $57,883. The net loss for the year ended December 31, 2021 was mainly derived from an operating loss of $2,637,239, and interest expense of $3,334,413 and loss on change in fair value of derivative liability of $614,658.