SPYR, INC. The following discussion and analysis of our financial condition and results of operations should be read in conjunction with the Condensed Consolidated Financial Statements and supplementary data referred to in this Form 10-Q.
This discussion contains forward-looking statements that involve risks and
uncertainties. Such statements, which include statements concerning revenue
sources and concentration, selling, general and administrative expenses and
capital resources, are subject to risks and uncertainties, including, but not
limited to, those discussed elsewhere in this Form 10-Q that could cause actual
results to differ materially from those projected. Unless otherwise expressly
indicated, the information set forth in this Form 10-Q is as of
Plan of Operations
Through our wholly owned subsidiary
Management's plan for the next 12 months is to execute on that plan by sourcing, reselling, manufacturing, developing, and selling the foregoing types of products, including our proprietary branded products. We expect these marketing, development and expansion plans will be financed through existing cash, operating cash flows from game revenues, and other forms of financing such as the sale of additional equity and debt securities, capital leases and other credit facilities. The Company also plans to diversify, through acquisition or otherwise, in other unrelated business areas and is exploring opportunities to do so.
COMPARISON OF THE THREE MONTHS ENDED
The consolidated results of continuing operations for the three months ended
22
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