Company: TGNT
Filing Date: 2025-05-16
Form Type: 10-Q
Source: 0001477932-25-003912
Chunk: 126

Company: Totaligent, Inc.
Filing Date: 2025-05-16
Form: 10-Q
Item: Part II, Item 8
Chunk 126
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 the data is of the highest quality. In other words, the constant feedback from campaigns allows us to actively identify bad data to be removed from our system.

Totaligent’s cleaning system for marketers is more than just uploading their data for positive or negative system matches. Because our data is scored, the advertiser will have insight as to whether their data is good. We maintain one of the largest blacklists on the market, with scam, or bad data that is constantly passed around, so old, and dead data can be removed. Our cleaning service can be added to any websites’ forms, to keep anyone from entering or using an email on the bad or blacklist to the user’s site for an additional fee. Our service also connects through API to multiple other cleaning services and can be cleaned and compared with any of them for an additional cost to ensure the best deliverability. 

Political operatives have been known to add dirty or unfriendly email addresses to subscriber lists, causing complaints and shutdowns of valuable marketing accounts. Our service can help identify these fake addresses to protect against this dubious activity. 

 8Table of Contents

Results of Operations

The following discussion should be read in conjunction with the information contained in the accompanying unaudited consolidated financial statements and related notes included elsewhere in this Quarterly Report on Form 10-Q. Our historical results of operations summarized and analyzed below may not necessarily reflect what will occur in the future.

 Three months Ended March 31, 2025 compared to the three months Ended March 31, 2024

For the three months ended March 31, 2025 and 2024, the Company had total revenues of $0 and $340,929, respectively, and gross profits of $0 and $12,309, respectively. The Company’s volume of sales decreased in the three months ended March 31, 2025 when compared to the three months ended March 31, 2024 primarily due to a decrease in managed campaign activity.

Cost of goods sold for the three months ended March 31, 2025 and 2024 were $0 and $328,620, respectively. Cost of goods sold consists primarily of costs associated with outsourcing certain campaign activities. The decrease in cost of goods sold for the three months ended March 31, 2025 when compared to the three months ended March 31, 2024 was primarily due to the corresponding decrease in revenues.

The Company’s operating expenses decreased from $167,157 for the three months ended March 31, 2024 to