Second Quarter 2024 Financial Results
Revenue for the three months ended June 30, 2024 totalled $256,030 as compared to $493,534 for the three months ended June 30, 2023, a decrease of 48%.
Gross profit for the three months ended June 30, 2024 of $127,813 as compared to $339,163 for the three months ended June 30, 2023, a decrease of 62%.
Expenses for the three months ended June 30, 2024 of $270,161 as compared to $888,323 for the three months ended June 30, 2023, a decrease of 70%.
Net loss from continuing operations for the three months ended June 30, 2024 of $104,032 as compared to a loss of $486,950 for the three months ended June 30, 2023.
Income from discontinued operations net of tax for the three months ended June 30, 2024 of $82,898 as compared to $nil for the three months ended June 30, 2023.
Net and comprehensive loss for the three months ended June 30, 2024 totalled $21,134 as compared to $486,950 for the three months ended June 30, 2023.
The Company had working capital of $2,716,162 as of June 30, 2024 compared to $2,901,095 as of December 31, 2023.
Year-to-Date 2024 Financial Results
Revenue for the six months ended June 30, 2024 totalled $515,572 as compared to $990,578 for the six months ended June 30, 2023, a decrease of 48%.
Gross profit for the six months ended June 30, 2024 of $252,150 as compared to $687,237 for the six months ended June 30, 2023, a decrease of 63%.
Expenses for the six months ended June 30, 2024 of $606,389 as compared to $2,217,925 for the six months ended June 30, 2023, a decrease of 73%.
Net loss from continuing operations for the six months ended June 30, 2024 of $265,670 as compared to $1,267,403 for the six months ended June 30, 2023.
Income from discontinued operations net of tax ...
