Tue, May 20, 8:40 PM (29 days ago)
**IIOT-OXYS, Inc. (IIOT-OXYS) Q1 2025 Financial Summary** **Financial Health and Performance:** - **Revenue:** No revenue was recorded for Q1 2025, compared to $2,500 in Q1 2024. - **Net Loss:** Increased to $180,313 in Q1 2025 from $220,618 in Q1 2024. - **Operating Expenses:** Totaled $92,258 in Q1 2025, including $50,000 in payroll costs, $12,205 in amortization of intangible assets, and $30,053 in general and administrative expenses. - **Cash Flow:** Net cash used in operating activities was $56,532 in Q1 2025, with a cash balance of $17,861 at the end of the quarter. **Profit Margins:** - **Gross Margin:** Not applicable due to zero revenue. - **Operating Margin:** Negative due to operating losses. **Cash Flow:** - **Operating Cash Flow:** Negative $56,532 in Q1 2025. - **Investing Cash Flow:** Zero for Q1 2025. - **Financing Cash Flow:** Positive $50,800 from the sale of Series D Convertible Preferred Stock. **Earnings Changes:** - **Net Loss per Share:** $0.00 for both Q1 2025 and Q1 2024 due to the company's net loss position. **Quarterly Performance Discussion:** - **Revenue Trends:** No revenue in Q1 2025, indicating challenges in generating sales. - **Expense Management:** Operating expenses increased, driven by payroll and administrative costs. - **Cash Management:** The company faced a decrease in cash balance due to operating losses, partially offset by financing activities. **Trends and Uncertainties:** - **Market Conditions:** Difficulties in raising additional capital and market conditions impacting sales and marketing efforts. - **Operational Challenges:** Limited funding has severely restricted sales and marketing activities. - **Strategic Initiatives:** Exploring mergers or acquisitions to secure funding and sustain operations. **Future Operations Impact:** - **Revenue Growth:** Dependent on raising capital and securing contracts, particularly in the Structural Health Monitoring (SHM) and Smart Manufacturing verticals. - **Cost Management:** Continued focus on prudent operational execution to manage expenses. - **Strategic Partnerships:** Leveraging partnerships to enhance value propositions and market reach. **Going Concern:** - The company faces substantial doubt about its ability to continue as a going concern due to continuing operating losses and a working capital deficit of $2,826,576. Management is pursuing options to secure adequate capital and sustain operations.