Atlas Lithium (US:ATLX)2022-10-31 16:00Revenue - Revenue for Q3 2022 totaled $3,301, representing a 10.62% increase from $2,984 in Q3 2021[76] - Revenue for the nine months ended September 30, 2022 was $6,145, a decrease of 32.38% from $9,088 in the same period of 2021[78] Cost of Goods Sold - Cost of goods sold for Q3 2022 was $27,534, a slight increase of 0.55% from $27,382 in Q3 2021[76] - Cost of goods sold for the nine months ended September 30, 2022 totaled $63,732, down 14.43% from $74,476 in the same period of 2021[79] Operating Expenses - Operating expenses for Q3 2022 reached $1,247,694, marking a significant increase of 76.39% compared to $707,335 in Q3 2021[77] - Operating expenses for the nine months ended September 30, 2022 were $3,064,305, an increase of 19.69% from $2,560,171 in the same period of 2021[80] Net Loss - Net loss attributable to stockholders for Q3 2022 was $1,028,192, compared to a net loss of $619,139 in Q3 2021[77] - Net loss attributable to stockholders for the nine months ended September 30, 2022 was $2,430,698, compared to a net loss of $2,161,835 in the same period of 2021[80] Cash and Cash Equivalents - As of September 30, 2022, cash and cash equivalents were $418,263 with a working capital deficit of $2,475,660[82] Net Cash Used by Operating Activities - Net cash used by operating activities for the nine months ended September 30, 2022 was $258,293, a decrease of $942,984 from $1,201,277 in the same period of 2021[82]