Financial Performance - For the three months ended March 31, 2023, total revenue was $6,622,589, a decrease of $2,163,870 or 24.6% compared to $8,786,459 for the same period in 2022[118]. - The company reported a net loss of $2,615,405 for the three months ended March 31, 2023, compared to a net loss of $1,455,596 for the same period in 2022, an increase in loss of $1,159,809[123]. - Salary and wage expenses increased by $156,493 or 29.3% to $690,352 for the three months ended March 31, 2023, due to higher salaries and bonuses for officers[120]. - Processing and servicing costs decreased by $1,180,703 or 18.9% to $5,077,434, attributed to the reduction in merchant processing transactions[118]. - Transaction and processing fees for the three months ended March 31, 2023, were $6,353,471, down from $8,413,429 in the prior year, primarily due to the removal of approximately 700 non-compliant merchants[118]. Cash Flow and Liabilities - As of March 31, 2023, the company had cash of $64,627 and a working capital deficit of $1,824,026, with approximately $5,447,000 in outstanding liabilities[128]. - The company expects to sustain operations for at least the next twelve months due to improving transaction volume trends and positive cash flow anticipated in the second quarter[129]. Asset Management - The cryptocurrency mining segment recorded a depreciation expense of $799,717 for the three months ended March 31, 2023, down from $891,756 in the same period of 2022, a decrease of 10.3%[119]. - The company acquired a portfolio of merchants for $20 million, with $16 million paid at closing, and is seeking a reduction or cancellation of the final payment due to breaches of contract by the seller[114]. Technology Integration - The company has integrated its OmniSoft applications with the eVance mobile payment gateway, currently used by approximately 3,000 merchants processing over $9,000,000 in monthly gross transactions[110].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission file number 000-52994 THE OLB GROUP, INC. (Exact Name of Registrant as Specified in its Charter) | Delaware | 13-4188568 | | --- | --- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number: 000-52994 THE OLB GROUP, INC. (Exact name of registrant as specified in its charter) DELAWARE 13-4188568 (State or other jurisdiction of ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number: 000-52994 THE OLB GROUP, INC. (Exact name of registrant as specified in its charter) DELAWARE 13-4188568 (State or other jurisdiction of incor ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 DELAWARE 13-4188568 (State or other jurisdiction of incorporation or organization) (IRS Employer Identification No.) 200 Park Avenue, Suite 1700, New York, NY 10166 (Address of principal executive offices) (Zip Code) (212) 278-0900 (Registrant's telephone number, including area code) (Former name, former address and former fiscal year, if changed since last report) For the transition period from _______ to _______ ☒ QUARTERLY REPORT UND ...

OLB Group, Inc. (NASDAQ:OLB) Q1 2022 Earnings Conference Call May 12, 2022 4:15 PM ET Company Participants Matt Kepke – Corporate Counselor Ronny Yakov – Chief Executive Officer Patrick Smith – Corporate Finance Conference Call Participants Unidentified Company Representative [Call Starts Abruptly] Matt, go ahead. Matt Kepke Hi. All statements from the OLB Group in this conference call that are not based on historic facts are forward looking-statements within the meeting of the Private Securities Litigation ...

The OLB Group (NASDAQ:OLB) Q4 2021 Results Conference Call March 28, 2022 4:15 PM ET Company Participants Matthew Kepke - The Corporate Counselor Ronny Yakov - CEO Rachel Boulds - CFO Patrick Smith - VP, Finance Operator Thank you for attending today's OLB Group 2021 Year-End Earnings Call. My name is Jason and I'll be your operator for today's call. All lines will be muted during the presentation portion of the call with an opportunity for questions-and-answers at the end. [Operator Instructions] Apologies ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission file number 000-52994 THE OLB GROUP, INC. (Exact Name of Registrant as Specified in its Charter) | | | (State or other jurisdiction of ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number: 000-52994 THE OLB GROUP, INC. (Exact name of registrant as specified in its charter) DELAWARE 13-4188568 (State or other jurisdiction of ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number: 000-52994 THE OLB GROUP, INC. (Exact name of registrant as specified in its charter) DELAWARE 13-4188568 (State or other jurisdiction of incor ...