Tautachrome, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 11:06 am EDT
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Tautachrome, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced operating loss was USD 312,222 compared to USD 169,299 a year ago. Net loss was USD 1.050 million compared to USD 469,099 a year ago. For the half year, operating loss was USD 624,591 compared to USD 299,519 a year ago. Net loss was USD 208,444 compared to USD 746,229 a year ago.
ARtelligence Holdings Inc., formerly Tautachrome, Inc., is an Internet technology company. It operates four avenues of business activity based on its activated imaging technology, its blockchain cryptocurrency products, and its licensing of the ARk technology (called KlickZie technology). It develops a new KlickZie augmented reality (AR) platform branded ARknet. ARknet enables goods and services providers to establish geolocated augmented reality interfaces, called ARks, allowing consumers to purchase the provider's products. The ARknet is a fintech platform connecting consumers to providers in the household goods market. It has developed its own digital currency (XAR), smart contracts using XARs, and blockchain concepts. It also develops downloadable apps based on its KlickZie imaging technology and based on its image-based social interactions using the pictures and videos that smartphone users create. The KlickZies technology helps in marking, storing and tracking digital imagery.