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iSign Solutions Inc. (OTC Pink: ISGN) reported total revenue of $987,000 for the year ended December 31, 2022, an 8% decline from $1,078,000 in 2021. The decrease was attributed to lower engineering services, despite an increase in transaction revenue.
Operating expenses decreased slightly to $1,326,000, down by 1%. The net loss grew to $711,000, a 46% increase from the previous year's loss, influenced by reduced other income and higher operational losses. The company remains optimistic about future prospects while actively managing expenses.
iSign Solutions Inc. (ISGN) reported a decline in revenue for Q3 2022, totaling $233,000, down 17% from $282,000 in the previous year. Despite higher transaction volumes, revenue diminished due to a stronger US dollar. Operating expenses decreased by $25,000 to $299,000. However, the company faced a net loss of $161,000, a significant increase from the $2,000 loss reported last year. The rollout of new features is expected to boost transaction volumes in early 2023.
iSign Solutions Inc. (OTC Pink:ISGN) reported total revenue of $228,000 for Q2 2022, a 15% decrease from $268,000 in Q2 2021. The decline was attributed to a stronger US Dollar, despite higher transaction volumes. Operating expenses fell to $328,000, down 8% from $357,000 the previous year. However, the net loss increased to $189,000, a rise of 12% due to operational losses and increased interest expenses. The company anticipates improved performance in the second half of 2022 related to a delayed electronic signature project.
iSign Solutions Inc. (ISGN) reported a total revenue of $255,000 for Q1 2022, down 2% from $259,000 in Q1 2021. This decline was attributed to a stronger Euro impacting revenue despite a rise in transaction volume. Operating expenses increased by 7% to $395,000, leading to a net loss of $231,000, which is a 22% rise from the previous year. The company anticipates growth in the second half of 2022 with the implementation of a qualified electronic signature project.
iSign Solutions (OTC Pink:ISGN) reported a 12% increase in total revenue for the year ended December 31, 2021, reaching $1,078,000 compared to $966,000 in 2020. Operating expenses decreased by 17% to $1,339,000, leading to a net loss reduction of 8% to $486,000. The company anticipates continued growth, especially in Europe, and plans to enhance its offerings with a qualified electronic signature project paired with virtual security capabilities. Financial details will be disclosed in the upcoming Form 10-K filing.
iSign Solutions Inc. (ISGN) reported a 17% increase in total revenue for Q3 2021, totaling $282,000, compared to $242,000 in Q3 2020. The company achieved an operational net loss of only $2,000, significantly down from $30,000 the previous year. Operating expenses decreased by 42% to $324,000, mainly due to reduced stock-based compensation. iSIGN anticipates growth in transaction volume following a partnership in Europe for processing qualified electronic signatures. Further financial details will be available in the upcoming 10-Q report.
iSign Solutions Inc. (OTC PINK:ISGN) announces its European partner, Cegedim, has achieved eIDAS certification, permitting qualified electronic signatures processing across Europe. This certification, issued by ANSSI, enhances Cegedim's status among trusted digital ID suppliers. The partnership aims to capitalize on the growing demand for digital solutions in Europe, especially post-pandemic. Both companies expect accelerated growth in client signup and transaction volume, highlighting the significance of this milestone for their joint operations.
iSign Solutions (OTC PINK:ISGN) reported a revenue increase of 18% to $268,000 for Q2 2021, compared to $227,000 in Q2 2020. This growth was attributed to higher engineering services and transaction volume, particularly in Europe, where revenue doubled year-over-year. Operating expenses decreased by 8% to $357,000, while net loss reduced by 7% to $169,000. The company aims to manage expenses to limit dilution until reaching cash flow breakeven. Further financial details will be disclosed in the upcoming Form 10-Q filing.
iSign Solutions (OTC PINK:ISGN) reported a 36% revenue increase to $259,000 for Q1 2021 compared to $190,000 in Q1 2020. The growth is attributed to maintenance renewals and increased transaction volume. Operating expenses fell by 20% to $370,000, while the net loss decreased by 44% to $190,000, reflecting improved operational efficiency. The company continues to explore new revenue opportunities in Europe and remains optimistic about future growth. More details will be available in the upcoming Quarterly Report on Form 10-Q.
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