BM Technologies(BMTX) - 2023 Q1 - Quarterly Report

Basis of Presentation Management has performed this required assessment as of May 22, 2023 including consideration of the effect of the DPSA Second Amendment and the 2023 Deposit Servicing Agreement with Customers Bank, and believes there is sufficient funds available to support its ongoing business operations and continue as a going concern for at least the next 12 months with projected liquidity of $21.5 million at May 22, 2024. These interim unaudited consolidated financial statements should be read in c ...