m_and_a
confidence high
sentiment negative
materiality 0.75
Amaze Holdings files audited financials of Amaze Software showing $15.5M net loss in 2024
AMAZE HOLDINGS, INC.
- Amaze Software revenue $8.07M in 2024, down 44.5% YoY from $14.54M in 2023.
- Net loss $15.46M in 2024; accumulated deficit $96.88M as of Dec 31, 2024.
- Working capital deficit $13.8M; cash $546,513 at Dec 31, 2024.
- Auditor expresses substantial doubt about going concern due to operating losses.
- Merger consideration: 750K Series D Preferred and warrants for 8.75M common shares.
item 9.01