Agreed, but it's typically what early stage companies do.

Agreed, but it's typically what early stage companies do.
by krudler (2024-04-01 18:27:55)

In reply to: Carryforwards are only useful if one reaches profitability * posted by ufl

I know next to nothing about Truth Social and its potential long-term viability, but have to imagine after he either dies or is out of public life its profitability will be significantly impacted.

Replies:

Auditors issued a going concern opinion today. I also have - wpkirish 2024-04-01 18:47:38
- As of 12/31/23. That’s why the merger happened. - EricCartman 2024-04-02 08:26:17
  - My mistake saw numerous articles that implied it was current - wpkirish 2024-04-03 08:23:49
    - Financials are always as of a period in time. - EricCartman 2024-04-04 17:36:13
  - The divestment risk seems significant - ratinatux 2024-04-02 17:27:52
    - I noticed that, too. - EricCartman 2024-04-03 12:54:44
  - Drink every time you see the word "adverse". * - G.K.Chesterton 2024-04-02 15:41:50
- Yep. Either way I'm not going long in this one. * - krudler 2024-04-01 19:03:41