Thu, May 15, 2:53 PM (39 days ago)
**Sativus Tech Corp. (STTC) Q1 2025 Financial Summary** **Company Overview:** Sativus Tech Corp. (STTC), formerly Seedo Corp., focuses on developing automated agriculture technology, particularly for growing saffron and other exotic plants. The company operates through its subsidiary, Saffron-Tech Ltd., which owns 54% of the subsidiary. **Financial Performance (Q1 2025 vs. Q1 2024):** - **Revenue:** Not explicitly stated, implying minimal or no revenue. - **Operating Expenses:** - Research and development: $206K (up from $126K) - General and administrative: $54K (down from $89K) - Total operating loss: $260K (up from $215K) - **Net Loss:** $98K (up from $12K) - **Cash Flow:** - Operating cash flow: -$150K (vs. -$116K) - Investing cash flow: $32K (vs. $86K) - Financing cash flow: $54K (vs. -$5K) - Ending cash: $32K (down from $141K) **Financial Health:** - **Cash and Cash Equivalents:** $32K (down from $96K) - **Total Assets:** $393K (down from $558K) - **Total Liabilities:** $3,143K (down from $3,228K) - **Shareholders' Deficit:** -$2,750K (vs. -$2,670K) - **Accumulated Deficit:** -$23,609K **Profit Margins:** - Gross margin, operating margin, and net margin are not explicitly stated, implying significant losses. **Trends and Uncertainties:** - **Going Concern:** Significant doubt about the company's ability to continue as a going concern due to negative cash flow and accumulated deficit. - **Financing Needs:** The company plans to finance operating costs over the next twelve months with existing cash, reducing operating spend, and future issuances of equity and debt securities. - **Market Risks:** As a smaller reporting company, STTC is not required to provide extensive market risk disclosures. **Future Operations Impact:** - **Research and Development:** Continued focus on developing automated agriculture technology. - **Financing:** The company may need to seek additional sources of financing if more funds than anticipated are required. - **Cybersecurity:** The company has implemented various cybersecurity measures to protect its information systems and data. **Conclusion:** Sativus Tech Corp. faces significant financial challenges, with substantial losses and negative cash flow. The company's ability to continue operations depends on securing additional financing and achieving profitable operations in the future. Investors should closely monitor the company's financial performance and strategic initiatives.