Not sure where that 47% increase came from. Comparing the June 23 and June 24 quarterly I see in increase from $1.082m to $1.302m which is only 20% more. Maybe he meant cash losses for the year? That went from $1.23 up to $1.94 which was up 57%. So that's not it either. Maybe it was "advertising and marketing" (overseas junkets). Hmmmm, can't multiply zero dollars from 2023 by a percentage to get to nearly a $1/4m in 2024. Sales receipts from the quarter June 23 compared to June quarter 24? Ah no, they decreased. Nope, no idea where the 47% growth comes from.
