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Orchid Ventures, Inc.: Orchid Ventures Announces Financial Results for Period Ended March 31, 2021


Orchid Ventures, Inc.: Orchid Ventures Announces Financial Results for Period Ended March 31, 2021
/ ORCHID VENTURES, INC. (CSE:ORCD; OTC:ORVRD) (the
Company or
Orchid ) is pleased to announce its third quarter ( Q3 2021 ) financial results for the period ended March 31, 2021. All amounts expressed are in United States dollars.
Nine Months Ended March 31, 2021
Nine Months Ended March 31, 2020
Variance
$(994,357)
-77%
Financial statements are prepared in accordance with International Financial Reporting Standards (IFRS). Detailed information regarding the Company s financial results as well as management s discussion and analysis can be found on its SEDAR profile at https://sedar.com/ and https://ir.orchidessentials.com/.
Management Commentary ....

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Route1 Inc.: Route1 Announces Q1 2021 Financial Results


Route1 Inc.: Route1 Announces Q1 2021 Financial Results
The Company s operating results for Q1 2021 with comparatives are as follows:
Statement of operations
Q12021
1 Before stock-based compensation
2 For FY 2020, the Company incurred expenses for patent litigation net of the reversal of an accounting liability reflecting the funds the Company received from its litigation funding agreement. The Company has concluded the litigation with VMWare in both Canada and the United States and will incur no additional expense for this litigation.
3 Includes gain on litigation, gain or loss on asset disposal, stock-based compensation expense, interest expense, income tax recovery, foreign exchange loss or gain, other expenses and acquisition expense. ....

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