Dalrada Financial Reports Decline in Annual Revenue and Reduced Operating Expenses
For the years ended June 30, 2025 and 2024, the company reported net losses of $24.67 million and $29.19 million, respectively. The company continues to rely on equity and debt investors to finance losses and is implementing plans to achieve cost savings and address profitability. The company's accounts receivable, accounts payable, and inventory balances fluctuate from period to period, affecting cash flow from operating activities. These fluctuations depend on cash collections, customer mix, raw material lead times, vendor terms, and timing. Management regularly evaluates accounting estimates affecting assets, liabilities, revenues, and expenses. Estimates are based on historical experience, third-party information, and other reasonable assumptions. Actual results may differ from these estimates.
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