Fri, Apr 11, 3:22 PM (15 days ago)
**StarTech Labs, Inc. (STRL) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** Not explicitly stated, implying zero or negligible revenue. - **Net Loss:** $11,786,000 for Q1 2025, down 11% from $13,317,000 in Q1 2024. - **Operating Expenses:** $4,500,000 for Q1 2025, down 24% from $5,950,000 in Q1 2024. - **Interest Expense:** $7,286,000 for Q1 2025, slightly down from $7,367,000 in Q1 2024. - **Cash Flow:** Used $26,795,000 in operating activities for the nine months ended February 28, 2025, down from $32,267,000 in the same period last year. **Profit Margins & Cash Flow:** - **Gross Margin:** Not applicable due to zero or negligible revenue. - **Operating Margin:** Negative, with operating losses. - **Cash Flow:** Negative, with cash used in operating activities. **Earnings Changes & Quarterly Performance:** - **Earnings Per Share (EPS):** $(0.00) for both Q1 2025 and Q1 2024. - **Quarterly Performance:** Improved slightly with reduced net loss and operating expenses. **Trends & Uncertainties:** - **Trends:** Continued losses and cash burn, reliance on related party funding. - **Uncertainties:** Ability to secure additional funding, achieve profitability, and continue as a going concern. **Future Operations Impact:** - **Impact:** Continued reliance on external funding, potential dilution for shareholders, and risks associated with high interest-bearing convertible notes. - **Going Concern:** Company's ability to continue operations is dependent on securing additional funding and achieving profitability. **Stock Information:** - **Ticker:** STRL - **Shares Outstanding:** 60,647,380 as of April 7, 2025.