Tue, May 20, 6:03 PM (54 days ago)
**Artisan Consumer Goods, Inc. (ARRT) Q1 2025 Financial Summary** **Financial Health and Performance:** - **Revenue:** No revenue generated for Q1 2025. - **Profit Margins:** Net loss of $33,046 (Q1 2025) vs. $7,577 (Q1 2024), primarily due to increased professional fees. - **Cash Flow:** Net cash used in operations was $26,959 (Q1 2025) vs. $23,988 (Q1 2024). Financing activities provided $30,000 from related party loans. - **Earnings Changes:** Increased net loss by $25,469 due to higher professional fees and other expenses. - **Liquidity:** Cash balance of $4,836 with a working capital deficit of $321,604. **Quarterly Performance Discussion:** - **Operating Expenses:** Total operating expenses were $29,949 (Q1 2025) vs. $7,791 (Q1 2024), driven by professional fees. - **Other Income/Expense:** Other expense of $3,097 (Q1 2025) vs. income of $214 (Q1 2024), due to changes in market value of shares issued to a related party. **Trends and Uncertainties:** - **Operational Challenges:** The company is struggling to restart the Within / Without Granola brand and has not engaged a new manufacturer as of May 20, 2025. - **Financial Uncertainty:** The company faces substantial doubt about its ability to continue as a going concern, relying on loans from directors and potential private placements for funding. **Future Operations Impact:** - **Funding Needs:** The company requires at least $100,000 to commence operations and fund ongoing expenses. Failure to secure financing could lead to cessation of business operations. - **Going Concern:** The company's ability to continue operations depends on generating profitable operations or obtaining necessary financing. **Ticker:** ARRT **Exchange:** OTC Markets