Friday, February 23, 2024 11:16:30 AM
The decrease is attributable to the timing of project work being completed, and also the revenue being recognized for direct expenses (media, influencer fees, etc.) attributable to jobs. These fluctuations in work accomplished and revenue being recognized for direct expenses are normal occurrences in our business. During this transition period, the Company primarily worked on completing current projects while awaiting finalized client workorders and statement of work for upcoming year 2024 projects. The Company expects a stabilization to our usual levels once finalized workorders for fiscal year 2024 are issued by clients as supported by our backlog
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