Sep. 12 at 6:26 AM
$DGLY
• Funded for 15KK bucks Feb2025;
• Couple r/s already done in May2025:
• OS around 1.8 KK;
• In the first quartet 2025: Net income turned positive at
$4.2 million in Q1 2025, compared to a
$3.9 million loss in Q1 2024, marking an
$8 million turnaround;
• The balance sheet showed a strong improvement with a positive working capital of
$3.4 million, up from a
$19.4 million deficit at the end of 2024;
• Cash on the balance sheet increased from
$400,000 to
$3.8 million, and working capital turned positive at
$3.4 million. The company also reduced accounts payable by
$6.7 million and overall debt by
$5.1 million;
• Waiting for Staff determination about 1usd minimum bid price requirement, it’s due, just waiting for the filing;
• Signs Exclusive Master Distribution Deal with Redwood Scientific to Launch Breakthrough Anti-Vaping Product;
• Security and surveillance sector is on fire, unfortunately.
I opened a position at 1.85, yesterday