Callan JMB Inc(US:CJMB)2025-11-14 21:11Revenue Performance - Revenue for the three months ended September 30, 2025, was $1,446,917, a 1% increase from $1,435,376 in the same period of 2024[131] - Revenue for the nine months ended September 30, 2025, was $4,562,604, a 12% decrease from $5,211,665 in the same period of 2024[132] Profit and Loss - Gross profit for the three months ended September 30, 2025, was $493,307, a 6% increase from $464,445 in the same period of 2024[131] - Net loss for the three months ended September 30, 2025, was $(2,731,341), a 239% increase from $(804,987) in the same period of 2024[131] Expenses - Selling, general and administrative expenses for the three months ended September 30, 2025, were $2,372,465, a 90% increase from $1,245,428 in the same period of 2024[134] - The Company reported a significant increase in consulting and professional fees, rising by $304,136 for the three months ended September 30, 2025, due to preparations for its initial public offering[134] Cash Flow - Cash used in operating activities for the nine months ended September 30, 2025, was $(3,887,737), a decrease of $(5,151,263) compared to cash provided by operating activities of $1,263,526 in the same period of 2024[140] - Cash provided by financing activities for the nine months ended September 30, 2025, was $5,196,432, an increase of $8,760,108 compared to $(3,563,676) in the same period of 2024[142] Financing Activities - The Company entered into an ELOC Facility allowing the sale of up to $25 million of common stock, with 123,208 shares issued for net proceeds of approximately $497,750 as of September 30, 2025[136][138] Seasonal Trends - The Company expects seasonal revenue fluctuations, typically highest in the third and fourth quarters and lowest in the first and second quarters[130]