NexTech3D.AI Corp. C.NTAR

Alternate Symbol(s): NEXCF

Technology Software - Application

NexTech3D.AI Corp. is a diversified augmented reality (AR), artificial intelligence (AI) technology company. The Company leverages AI to create three-dimensional (3D) experiences at scale for e-commerce. The Company's primary focus lies in creating 3D WebAR photorealistic models for Amazon and various other online retailers with patented 2D-3D technology. Its suite of products includes patented AI-based technology for 3D model creation and 2D to 3D conversion. It also develops or acquires disruptive AI-technologies, which are subsequently spun out to shareholders as standalone public companies. The Company provides a broad array of AR solutions. Its AR solutions are able to scale the production of 3D models by using AI algorithms and computer vision technology. Its technology is Web-based, but the Company also offers several AR applications on iOS and Android, including ARitize360, ARitize, and HoloX. These applications enable 3D visualization across all platforms.

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NexTech3D.AI Corp. > very bad financials, next Q will be even worse.

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Comment by mingzhuon Nov 30, 2023 9:41am

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Post# 35760704

RE:very bad financials, next Q will be even worse.

1, gross margin down from 46% to 18%, It is extremely low for a softwareware co.

mingzhu wrote: expecting to see 0.05 in coming month

2, revenue down to 1m from 1.4m last Q, and from guidance of 1.7-1.9m
3, cash 3.6m at hand, but loss of 5m Q3. It cannot survive without more financing.

i sold my holdings and will not buy even at 0.05 unless Seller Central open up in Q1 of 2024. If a business is not working, the value is 0.

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