MESO NUMISMATICS, INC. Management’s Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q) – marketscreener.com

Forward-Looking Statements

We intend for this discussion to provide information that will assist inunderstanding our financial statements, the changes in certain key items inthose financial statements, and the primary factors that accounted for thosechanges, as well as how certain accounting principles affect our financialstatements.

Meso Numismatics, Inc. has a numismatics operation Meso Numismatics focuses onthe Central American Caribbean region with a concentration of productssurrounding Mesoamerica (Mexico to Panama).

The Company envisions the ability to improve "health-span" through the discoveryand developments of new cellular therapy products, and cutting-edge Technology.

Results of Operations for the Three Months Ended September 30, 2021 and 2020.

Below is a summary of the results of operations for the three months endedSeptember 30, 2021 and 2020.

9,041,421 17,902.74 %

Listed below are the revenues, cost of revenues and gross profits by Company forthe three months ended September 30, 2021:

Operating expenses increased by 17,902.74% in the amount of $9,041,421 for thethree months ended September 30, 2021, compared to the same period in 2020.Listed below are the major changes to operating expenses:

We recorded a net loss of $9,915,441 for the three months ended September 30,2021, as compared with a net loss of $7,408,731 for the same period endedSeptember 30, 2020.

Results of Operations for the Nine Months Ended September 30, 2021 and 2020.

9,142,664 2,609.12 %

Listed below are the revenues, cost of revenues and gross profits by Company forthe nine months ended September 30, 2021:

Operating expenses increased by 2,609.12% in the amount of $9,142,664 for thenine months ended September 30, 2021, compared to the same period in 2020.Listed below are the major changes to operating expenses:

We recorded a net loss of $11,313,825 for the nine months ended September 30,2021, as compared with a net loss of $11,645,528 for the same period endedSeptember 30, 2020.

Liquidity and Capital Resources

Since inception, the Company has financed its operations through privateplacements and convertible notes. The following is a summary of the cash andcash equivalents as of September 30, 2021 and December 31, 2020.

Edgar Online, source Glimpses

See original here:

MESO NUMISMATICS, INC. Management's Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q) - marketscreener.com