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Texas Bohemian

07/21/25 2:39 PM

#24227 RE: BluE33 #24225

$ASII The Globetopper proration while under acquisition contract?

Says this just above it -

"In accordance with the provisions of ASC 205-20, the Company has not included in the results of continuing operations the results of
operations of the discontinued operations in the Consolidated Statements of Operations. The results of operations for this entity for the
years ended December 31, 2024 and 2023, have been reflected as discontinued operations in the Consolidated Statements of Operations,
and consist of the following:
For the Years Ended
December 31, 2024 December 31, 2023

More like a footnote of discontinued ops, not included in continuing ops. Much needed for an AL blessing.
Bullish
Bullish
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JFBroderick

07/21/25 2:55 PM

#24229 RE: BluE33 #24225

Thank you, Blue. In the end, I’m almost glad we didn’t get Globetopper. The margins just aren’t there, and IQST doesn’t seem to be getting much traction even while touting those big Globetopper revenues. I’d imagine we would have experienced something similar.