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reAlpha Tech (AIRE) - 2025 Q3 - Quarterly Results
AIREreAlpha Tech (AIRE)2025-04-02 10:30

Revenue Projections - Estimated total revenue for Q4 2024 is projected to be between 0.5millionand0.5 million and 0.6 million[4] - Estimated total revenue for the year ended December 31, 2024, is projected to be between 0.9millionand0.9 million and 1.0 million[4] Cash Position - Cash as of December 31, 2024, is approximately 3.1million,adecreaseofabout3.1 million, a decrease of about 3.9 million from 7.0millionasofSeptember30,2024[5]Thecashdecreasewasprimarilyduetoa7.0 million as of September 30, 2024[5] - The cash decrease was primarily due to a 1.5 million payment related to the acquisition of Debt Does Deals, LLC, d/b/a Be My Neighbor[5] - Increased operating expenses related to Be My Neighbor following its acquisition contributed to the cash decrease[5] Financial Data Disclaimer - The financial data presented is preliminary and unaudited, and actual results may differ materially[6] - The independent registered public accounting firm has not audited or reviewed the estimated preliminary financial data[6]