other_material
confidence high
sentiment negative
materiality 0.60
BrooQLy files audited combined financials for acquired entities; 2024 net loss $2.3M, 2023 $17.9M
DYNAMIC AEROSPACE SYSTEMS Corp
- Revenue was $10,345 in 2024 vs $4,171 in 2023; gross profit $8,490 vs $1,706.
- Combined net loss $2,304,702 in 2024 and $17,867,256 in 2023, including $12.2M impairment in 2023.
- Cash and equivalents only $49,240 as of Dec 31, 2024; negative invested equity of ($795,408).
- Auditors express going concern doubt; entities reliant on Alpine4 financing.
- Acquisition of Vayu, IAC, and GAC closed on April 1, 2025 via asset purchase agreements.
item 9.01