Metasphere Labs Inc LGSLF

Looking Glass Labs Ltd. is a Canada-based Web3 platform specializing in consumer engagement applications to leverage immersive metaverse environments, play-to-earn tokenization and blockchain monetization strategies. Its brand, House of Kibaa (HoK), designs and curates for three-dimensional (3D) assets, which allows functional art and collectibles to exist simultaneously across different Non-Fungible Tokens (NFT) blockchain environments. Its metaverse ecosystem and digital distribution service provide users with a 3D world to create, play, share, learn, and prosper within while providing opportunities for people, communities, creators, and brands to engage in a hyper-realistic environment. The Company operates within two geographic areas, including Canada and Vietnam.

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Metasphere Labs Inc > $NFTX YouTube Transcribe Clips

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Comment by resx18on Mar 18, 2022 9:04am

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RE:RE:$NFTX YouTube Transcribe Clips

Total revenues for the period ended January 31, 2022 reached CAD 311,825 , as compared to CAD nil for the same period of the prior year, which was primarily due from the receipt of royalty income and miscellaneous income generated by providing consulting services to third parties;
Gross profit for the period ended January 31, 2022 was CAD 287,124 , as compared to CAD nil for the same period of the prior year, due to the aforementioned reasons;
Total comprehensive loss for the period ended January 31, 2022 was CAD 3,500,385 , as compared to total comprehensive loss of CAD 15,505 reported for the same period of the prior year, primarily due to significant development costs, marketing expenses and consulting fees, as well as a loss of CAD 835,766 from the change in fair value of contingent liability;
Net loss per share was CAD 0.03 on both a basic and diluted basis, as compared to CAD nil for the same period of the prior year; and
Total assets for the period ended January 31, 2022 increased to CAD 14,661,433 from CAD 2,442 for the audited period ending July 31, 2021 , which was mainly attributable to NFT sales and royalty income.