Mon, May 19, 7:22 PM (33 days ago)
**Ironstone Properties, Inc. (IRNS) Q1 2025 Financial Summary** **Financial Health and Performance:** - **Revenue:** Total income decreased to $0 for Q1 2025 from $11,268 in Q1 2024 due to a one-time sale of stock in 2024. - **Profit Margins:** Operating expenses decreased by 75% to $16,329 in Q1 2025 from $77,051 in Q1 2024, primarily due to a decrease in officer incentive stock options amortization. - **Cash Flow:** Net cash used in operating activities was $26,860 in Q1 2025, compared to $83,464 in Q1 2024. Net cash provided by financing activities was $16,319 in Q1 2025, down from $69,330 in Q1 2024. - **Earnings Changes:** Comprehensive loss for Q1 2025 was $76,387, an improvement from a loss of $122,209 in Q1 2024. **Key Financial Metrics:** - **Basic and Diluted Loss per Share:** Basic loss per share was $0.03 for Q1 2025, compared to $0.04 in Q1 2024. Diluted loss per share was $0.02 for Q1 2025, compared to $0.04 in Q1 2024. - **Stockholders' Equity:** Total stockholders' equity was negative $337,890 as of March 31, 2025, compared to negative $277,822 as of December 31, 2024. **Trends and Uncertainties:** - **Investments:** The company holds significant investments in non-marketable securities of TangoMe Inc., Aristotle, and Buoy Health, Inc., and marketable securities of Arcimoto Inc. There is uncertainty regarding the market for these investments. - **Liquidity:** The company has a line of credit with First Republic Bank, with an outstanding balance of $348,843 as of March 31, 2025. The company may seek additional financing or convert debt to equity to meet liquidity needs. - **Operational Risks:** The company's ability to expand its services and acquire new businesses is uncertain, which may adversely affect its results of operations. **Future Operations Impact:** - **Strategic Initiatives:** The company is pursuing disruptive business opportunities across various technology sectors. However, there is no assurance that these initiatives will be successful. - **Regulatory Risks:** The company may be deemed an investment company under the Investment Company Act of 1940 if it does not expand its services or invest in certain types of securities. - **Financial Risks:** The company's financial statements indicate a going concern risk due to losses and negative cash flows from operations over the past ten years. The company's ability to continue as a going concern is dependent on obtaining additional financing or converting debt to equity.