180 LIFE SCIENCES CORP C/WTS 07/11/2025(TO PUR COM) | 10-Q: FY2025 Q1 EPS: USD -0.67

LB filings
2025.05.15 20:27
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EPS: As of FY2025 Q1, the actual value is USD -0.67.

Segment Revenue

  • The company has not generated any revenues and has incurred significant losses since inception.

Operational Metrics

  • Net Loss: The company reported a net loss of $2,369,232 for the three months ended March 31, 2025, compared to a net loss of $1,069,744 for the same period in 2024, representing an increase in net loss of $1,299,488 or 121%.
  • Operating Expenses: Total operating expenses for the three months ended March 31, 2025, were $2,372,968, compared to $2,092,468 for the same period in 2024.
  • Research and Development Expenses: R&D expenses were $240,905 for the three months ended March 31, 2025, compared to $365,186 for the same period in 2024, representing a decrease of $124,281 or 34%.
  • General and Administrative Expenses: G&A expenses were $1,996,608 for the three months ended March 31, 2025, compared to $1,556,740 for the same period in 2024, representing an increase of $439,868 or 28%.

Cash Flow

  • Net Cash Used in Operating Activities: For the three months ended March 31, 2025, cash used in operating activities was $853,723, compared to $1,033,417 for the same period in 2024.
  • Net Cash Used in Financing Activities: Cash used in financing activities was $3,320 for the three months ended March 31, 2025, compared to $264,394 for the same period in 2024.

Unique Metrics

  • Accumulated Deficit: As of March 31, 2025, the company had an accumulated deficit of $143,892,576.

Future Outlook and Strategy

  • Core Business Focus: The company plans to strategically enter into the online gaming industry, utilizing its acquired blockchain casino technology platform to establish a blockchain-based business aimed at the global iGaming market.
  • Non-Core Business: The company is evaluating strategic options for its TNF and CBD programs, including potential sale or disposition, return of these assets to the underlying owners, or other strategic alternatives.
  • Priority: The company expects to invest a significant amount of capital to commercialize its iGaming assets and fund research and development.
Source: LB filings The copyright of this article belongs to the original author/organization.
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