IIOT-OXYS reports H1 2023 revenue up 376% YoY; cites funding constraints and unpaid management

IIOT-OXYS, Inc.

2023-Q2 EPS reported $0.00 revenue$78,572

Revenue for six months ended June 30, 2023 increased 376% over same period in 2022.
Operating expenses lowered by 24% compared to prior year period.
Unable to raise funds through existing financing agreements since February 2023; CEO & COO unpaid since mid-April.
Discontinued Aretas Indoor Air Quality vertical to focus on Structural Health Monitoring and Smart Manufacturing.
If unable to secure adequate funding, management may consider merging with or acquiring another company.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

IIOT-OXYS, Inc. reported financial results for the six months ended June 30, 2023.

Period: the six months ended June 30, 2023
Result: reported results

Exact text from the filing

IIOT-OXYS, Inc. (OTC PINK:ITOX) ("Oxys" or the "Company") announced its financial results for the six months ended June 30, 2023

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IIOT-OXYS, Inc. filing history →

Source: SEC EDGAR

accession 0001683168-23-006054

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