GLOBE NEWSWIRE - Nov 8 - Total revenue of $6.7M increased 12.8% YOY. Net loss was ~$570K, a $1.4M improvement YOY. Net loss was driven by a $576 thousand impairment loss on digital tokens received by the company in connection with the ProximaX technology services agreement. Judy Krandel, CFO, commented, "Subscription revenue from our video properties was stable YOY, offset by a decline in subscription revenue primarily from dating assets.
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Summarized by the IDEA team
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