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according to Consumer Price Index data.
and the filing includes a warning that its own management has concerns about its ability to pay for the companys liabilities and to meet its obligations to lenders.down from $19 million a year earlier.
who said they have substantial doubt about the companys ability to continue as a going concern.When Truth Social launched in 2022.DWAC CEO Eric Swider said in a statement on Monday.
The company reported an operating loss of $23.The filing marks a crucial milestone in our journey towards the potential merger with TMTG.
backers of the social network described it a conservative-friendly alternative to Big Tech platforms that would attract advertisers eager to court former President Donalds Trumps millions of followers.
and its possible Trump Medias pending deal with DWAC could provide the funding that the merged company needs to make good on its obligations and help drive growth.Trump Media Technology Group.
The financial details about Trump Media Technology Group were made public in a Monday filing from Digital World Acquisition Corp.while losing 10 times that amount.
including liabilities related to promissory notes previously issued by the company.the warning reflects only snapshot in time.