Brightline Interactive, Inc./NV
For the period ended Mar 31, 2025. Filed May 15, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 15, 2025
BTLN$3.52+0.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations
| For the Three Months Ended · For the Nine Months Ended | ||||
|---|---|---|---|---|
| March 31 | March 31 | |||
| 2025 | 2024 | 2025 | 2024 | |
| Revenue | ||||
| Software services | $1,283,287 | $1,466,397 | $6,641,652 | $6,510,740 |
| Software license/software as a service | 138,948 | 429,246 | 387,886 | 566,208 |
| Total Revenue | 1,422,235 | 1,895,643 | 7,029,538 | 7,076,948 |
| Cost of goods sold | 402,209 | 569,461 | 2,061,519 | 2,406,479 |
| Gross Profit | 1,020,026 | 1,326,182 | 4,968,019 | 4,670,469 |
| Operating expenses: | ||||
| Research and development expenses | 829,815 | 1,136,848 | 2,610,038 | 4,209,518 |
| General and administrative expenses | 1,165,187 | 1,233,904 | 2,947,847 | 3,375,140 |
| Sales and marketing expenses | 483,138 | 559,681 | 1,606,236 | 2,138,539 |
| Amortization of acquisition intangible assets | 100,537 | 291,036 | 326,614 | 950,192 |
| Goodwill impairment | - | - | - | 379,038 |
| Intangible asset impairment | - | - | - | 522,166 |
| Change in fair value of acquisition contingent consideration | 26,012 | (291,980) | 87,492 | (4,317,524) |
| Total operating expenses | 2,604,689 | 2,929,489 | 7,578,227 | 7,257,069 |
| Loss from operations before other income | (1,584,663) | (1,603,307) | (2,610,208) | (2,586,600) |
| Other income | ||||
| Interest income | 82,461 | 61,051 | 119,686 | 186,534 |
| Net loss | $(1,502,202) | $(1,542,256) | $(2,490,522) | $(2,400,066) |
| Basic and diluted net loss per share | $(0.07) | $(0.09) | $(0.13) | $(0.15) |
| Weighted-average common shares outstanding for basic and diluted net loss per share | 20,999,445 | 17,195,322 | 19,161,661 | 16,194,523 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.