Company: DJTWW
Filing Date: 2025-02-14
Form Type: 424B3
Source: 0001140361-25-004837
Chunk: 148

Company: Trump Media & Technology Group Corp.
Filing Date: 2025-02-14
Form: 424B3
Chunk 148
---
31, 
         2023 |   |     |   | For the year 
        ended 
 December 31, 
         2022 |   |     |   | Variance |   |
|:------------------------------------------|:---------------|:--|-------------:|:--|:----|:--|-------------:|:--|:----|:--|---------:|:--|
| Net cash used in operating activities     |                | $ |     (9,733.5 | ) |     | $ |    (24,201.5 | ) |     | $ |   14,468 |   |
| Net cash used in investing activities     |                |   |         (2.2 | ) |     |   |        (84.5 | ) |     |   |     82.3 |   |
| Net cash provided by financing activities |                |   |      2,500.0 |   |     |   |     15,360.0 |   |     |   |  (12,860 | ) |

Net Cash Used in Operating Activities Net cash used in operating activities for the year ended December 31, 2023, was $9,733.5 compared to $24,201.5 used in operating activities during the period ended December 31, 2022. The decrease in cash used in operating activities was driven by a $7,279.9 lower operating loss in 2023 compared to 2022. The lower operating loss resulted from $2,660.6 of higher revenue and $4,729.7 of lower operating expenses (driven primarily by lower IT-related third-party consulting fees, server costs, computer software costs, rent, travel and entertainment expenses, and staffing-related costs). Net Cash Used in Investing Activities Net cash used in investing activities for the year ended December 31, 2023 was $2.2, a decrease of $82.3 from cash used in investing activities of $84.5 for the year ended December 31, 2022. The decrease was primarily due to lower purchases of furniture, fixtures, and equipment in 2023 compared to 2022. Net Cash Provided by Financing Activities Net cash provided by financing activities for the year ended December 31, 2023, was $2,500.0 compared to $15,360.0 provided by financing activities for the year ended December 31, 2022. The decrease was primarily