Data443 Reports Second Quarter and First Half 2023 Results and Provides Corporate Update
The Company believes the transaction, which is expected to close in the third quarter of 2023, will enable Data443 to enhance its existing product portfolio and accelerate the development of next-generation solutions.
- The Company believes the transaction, which is expected to close in the third quarter of 2023, will enable Data443 to enhance its existing product portfolio and accelerate the development of next-generation solutions.
- Secured an additional contract win from one of its largest fintech clients, which processes over 75 billion transactions amounting to more than $9 trillion annually.
- General and administrative expenses for the quarter ended June 30, 2023, were $1,635,499, compared to $2,116,220 for the quarter ended June 30, 2022, a decrease of 23%.
- First Half 2023 Financial Highlights:
Total revenues increased 47% to $1,998,846 for the six months ended June 30, 2023, from $1,363,505, for the six months ended June 30, 2022.