Tue, Jun 3, 4:33 PM (21 days ago)
**Hestia Insight Inc. (HSTI) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $0 for Q1 2025, down from $38,000 in Q1 2024. - **Net Loss:** $(392,295) for Q1 2025, significantly higher than $(24,699) in Q1 2024. - **Operating Expenses:** $110,669 for Q1 2025, up from $72,851 in Q1 2024. - **Cash Flow:** Negative operating cash flow of $(36,047) for Q1 2025, improved from $(46,034) in Q1 2024. - **Liquidity:** Cash and cash equivalents decreased to $37,960 from $41,163. - **Profit Margins:** Not applicable due to zero revenue. - **Earnings Changes:** Significant increase in net loss and operating expenses. **Trends & Uncertainties:** - **Revenue Trends:** Revenue is zero, indicating a focus on planning and preparation for future revenue. - **Expense Trends:** Increase in operating expenses due to professional fees and general administrative costs. - **Uncertainties:** Dependence on additional financing, regulatory changes, and market conditions. **Future Operations Impact:** - **Financing Needs:** Hestia Insight Inc. will need to raise additional capital to fund operations and growth. - **Going Concern:** The company's ability to continue as a going concern is dependent on securing additional financing. - **Strategic Focus:** The company is focused on the healthcare and biotech sectors, with plans for strategic acquisitions and partnerships. **Ticker:** HSTI **Note:** Amounts are in thousands, 000s. The company's financial health is precarious, with significant losses and a need for additional financing. The focus is on strategic planning and securing future revenue streams.