Data443 Risk Mitigation Inc (ATDS)

[Bubae]

I just saw the press release an that is annual recurring revenue from an existing account. Where has he ever dropped a press release where everything was just fantastic. He posted an annual interest expense of nearly $6 million for 2022 which is nearly double that of 2021. So it is no wonder that had to take the price down from north of $10 a share to a 52 week low of .025. Who does that if they aren't absolutely desperate. What does he do now that lenders from 2022 are now struggling to convert.

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.