DLT Resolution Inc.

Going-concern micro-cap with essentially no cash, shrinking revenue and headline returns distorted by a one-off discontinued-operations gain.

Strengths

• FY2023 net income was positive — but driven entirely by a $1.44M gain on sale of discontinued subsidiaries, not operations
• Cut operating expenses in line with reduced business volume

Risks

• $650 of cash on hand, going-concern doubt, revenue -34.7% (7th pct), operating margin -56.8%, OCF margin -70%
• Net margin/ROA of 845%/570% are accounting artifacts; ROE -23×; negative equity and reliant on selling stock to pay filing costs

Notable findings

• Going concernThese factors raise substantial doubt about the Company's ability to continue as a going concern
• Weak liquidityCurrent ratio 0.80 (<1)
• Chronic dilutionShare count +9%/yr over 4y (dilution)
• Revenue declineRevenue -16.5% YoY