Wed, May 21, 2:42 PM (23 days ago)
**Byrn Inc. (BYRN) Q1 2025 Financial Summary** **Financial Health:** - **Revenue:** $0 for Q1 2025, consistent with Q1 2024. - **Net Loss:** $16,410,000 for Q1 2025, significantly higher than the $1,817,000 loss in Q1 2024. - **Operating Expenses:** $16,410,000 for Q1 2025, up from $1,817,000 in Q1 2024. - **Cash Flow:** Negative cash flow from operations of $15,297,000 for Q1 2025, compared to a negative $629,000 in Q1 2024. - **Liabilities:** Increased to $72,996,000 from $56,586,000. - **Stockholders' Deficit:** Worsened to $72,996,000 from $56,586,000. **Performance Metrics:** - **Profit Margins:** Not applicable due to zero revenue. - **Earnings Changes:** Significant increase in net loss. - **Cash Flow:** Negative operating cash flow, offset by financing activities. **Quarterly Performance Discussion:** - **Trends:** Continued lack of revenue and increasing operating expenses. - **Uncertainties:** Significant doubt about the company's ability to continue as a going concern. - **Future Operations Impact:** Dependence on raising additional funds and exploring business opportunities, including potential reverse mergers. **Key Points:** - **No Operations:** The company has no current operations or revenue. - **Funding:** Relies on interest-free loans from a related party. - **Future Plans:** Seeking viable business opportunities, potentially through acquisitions or reverse mergers. - **Risks:** Limited capital resources, lack of diversification, and dependence on a single business combination. **Conclusion:** Byrn Inc. faces significant financial challenges, with no revenue and increasing losses. The company's future depends on securing additional funding and identifying viable business opportunities. The lack of internal controls and operational activities poses substantial risks to its ongoing viability.