Tautachrome, Inc. Reports Net Loss of $1.17 Million in 2022
Company's Revenue Drops to $33, Operating Loss at $1.07 Million
Tautachrome, Inc.(TTCM) and its consolidated s ubsidiaries have released their financial data for the year ended December 31, 2022. The report reveals a net loss of $1.17 million for the year, highlighting the challenges faced by the company during this period. Furthermore, the revenue decreased to $33, reflecting a decline in business activity. In addition to the net loss and revenue figures, the financial data also provides insights into the company's assets, liabilities, and stockholders' deficit. Let's delve into the details of the report to gain a comprehensive understanding of Tautachrome, Inc.'s financial performance.
Net Loss of $1.17 Million
Tautachrome, Inc. recorded a net loss of $1.17 million for the year ending December 31, 2022. This represents a substantial decrease compared to the previous year's net loss of $5.08 million. The decrease in net loss indicates some improvement in the company's financial position, but it also signals that challenges still exist in the current market landscape.
Revenue Drops to $33
