Formerly known as Imperium Motor Co., Liteborne advances in marketing and distribution of electric vehicles in North America SURREY, British Columbia,.
SURREY, British Columbia, Nov. 15, 2022 DSG Global, Inc. is pleased announced today that it has filed its Form 10-Q for the quarter ended September 30, 2022, and announced financial. | November 15, 2022
DSGT Global, Inc. Reports Year End 2020 Results
March 05, 2021 09:30 ET | Source: DSG Global Inc. DSG Global Inc.
SURREY, British Columbia, March 05, 2021 (GLOBE NEWSWIRE)
DSG Global, Inc. (OTCQB: DSGT) ( DSGT or the Company ) announces its financial results for Q4 and fiscal 2020.
2020 Financial Highlights:
Cash grew to $1.4 million, up from $25,494 as of December 31, 2019. The cash position increased $1.3 million during Q4 2020.
Total Assets increased to $2.1 million, up from $0.4 million at year-end 2019, primarily driven by increased cash, increased inventory and increased prepaid expenses. Total Assets grew $1.4 million during Q4 2020 when compared to Q3 2020 ending September 30, 2020.
Total Liabilities decreased from $8.7 million at the end of 2019 to $2.9 million at year end 2020. Liabilities decreased by $7.5 million in Q4 2020. The primary reason for the decrease was extinguishment of convertible and non-convertible debt during f