Video River Networks, Inc. has reported its financial results for the second quarter of 2025, revealing a net loss of $8,494, a significant improvement compared to a net loss of $21,139 in the same period last year. The company did not generate any revenue during the quarter, consistent with the previous year. Total operating expenses decreased to $8,494 from $21,139, primarily due to reduced operational activities following the cessation of its real estate operations. For the six months ending June 30, 2025, the company also reported a net loss of $13,710, compared to a net income of $1,495,191 for the same period in 2024, which included a significant gain from the disposition of a business unit.

As of June 30, 2025, Video River Networks had total assets of $1,491,957, down from $1,552,732 at the end of 2024. The company's cash reserves decreased to $1,500 from $23,215, reflecting ongoing financial challenges. Total stockholders' equity also fell to $1,447,123 from $1,460,833, largely due to the accumulated losses. The company’s current liabilities decreased significantly to $4,803 from $14,000, while long-term liabilities were reduced to $40,031 from $77,899, indicating a strategic effort to manage debt levels.

Strategically, Video River Networks is pivoting back to its technology roots, focusing on Electric Vehicles, Artificial Intelligence, Machine Learning, and Robotics (EV-AI-ML-R). The company aims to acquire and manage businesses in these sectors, although it has not yet finalized any acquisition targets. The management team is actively seeking opportunities to expand its portfolio in these areas, which they believe will enhance shareholder value. The company has also indicated plans to hire additional staff to support its business development efforts.

Operationally, the company has not reported any customer counts or user statistics, as it has not generated revenue from its new business model. The management team is focused on identifying potential acquisition targets and plans to implement a phased approach to integrate any acquired businesses into its operations. The company’s outlook remains cautious, as it acknowledges the need for additional capital to fund its operations and execute its strategic plans. The management has expressed that its ability to continue as a going concern is contingent upon securing adequate funding and achieving profitability.

In summary, Video River Networks, Inc. is navigating a challenging financial landscape while attempting to reposition itself within the technology sector. The company is focused on reducing expenses, managing liabilities, and exploring acquisition opportunities in the EV-AI-ML-R markets, although it faces significant hurdles in achieving its strategic objectives without additional capital.

About Video River Networks, Inc.

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