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PennyPusher786

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PennyPusher786

Re: PennyPusher786 post# 128

Wednesday, 02/21/2024 2:46:38 PM

Wednesday, February 21, 2024 2:46:38 PM

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Cash and cash equivalents were approximately $1.2 million as of December 31, 2023, compared to approximately $4.7 million as of December 31, 2022.

Financial Results for the Second Quarter of Fiscal Year 2024

Total revenues for the second quarter ended December 31, 2023, were $6.7 million, compared with $20.4 million for the second quarter of the 2023 fiscal year. The decrease in revenues was primarily due to the Company’s focus on increasing growth in higher-margin revenue channels.
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