Mercurity Fintech Holding Inc. reported its financial results for the four months ended April 30, 2025. The company recorded a net loss of $1.694 million, a significant increase from the $1.169 million net loss reported for the same period in 2024. Comprehensive loss also widened to $1.697 million from $1.158 million in the previous year. Total revenue for the period decreased to $211,743 from $258,206 in 2024. The decline in revenue was primarily driven by a decrease in distributed storage and computing services revenue, which fell to $146,743 from $193,206. Business consultation services revenue also experienced a slight decline, reaching $50,000 compared to $55,000 in the previous period. The cost of revenue for distributed storage and computing services was $330,919, down from $432,407 last year, while the cost for business consultation services was $89,458, a slight decrease from $90,247. Interest income increased to $85,408, compared to $46,333 in 2024, while other income slightly improved to $61 from a loss of $352. The company reported a gain of $3,294 from the market price of short-term investments, in contrast to a gain of $216,536 recorded last year. No income tax expenses or benefits were recorded for the current period, while the previous period included an income tax expense of $325,306. The total liabilities and shareholders' equity amounted to $36.764 million, up from $35.691 million the previous year. Overall, Mercurity Fintech Holding Inc. continues to face challenges in its financial performance, with an increase in net loss and a decrease in total revenue compared to the previous year.