Detail akcie SPYR online

Business Summary: SPYR, Inc. operates two segments in the Internet of Things (IoT) market. The Company, through its wholly owned subsidiary GeoTraq Inc (GeoTraq) division, develops and manufactures entirely self-contained and ultra-small Mobile IoT modules for asset tracking, location-based services, and sensor modules for remote monitoring. GeoTraq is a Mobile IoT module manufacturer and connectivity provider. GeoTraq offers asset tracking and remote monitoring through Mobile IoT modules with global connectivity. GeoTraq mobile IoT modules report location data with the ability to measure variables from external sensors, such as temperature, flow, pressure, humidity, motion, acceleration and more. The modules transmit data for scheduled reports or trigger-based event alerts. GeoTraq technology is designed to streamline business processes and increase operational efficiency to drive ROI and solve real business challenges.
Financial Summary: BRIEF: For the nine months ended 30 September 2022, SPYR Inc revenues increased 100% to $2K. Net loss before extraordinary items increased 34% to $4.5M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Interest Expense increase from $529K to $2.2M (expense), Professional fees increase from $606K to $2.2M (expense).