Destiny Media Technologies Files Q1 2025 10-Q
Ticker: DSNY · Form: 10-Q · Filed: 2025-01-14T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, quarterly-report, financials
TL;DR
Destiny Media Tech's Q1 2025 10-Q is in. Check financials for the latest.
AI Summary
Destiny Media Technologies Inc. filed its 10-Q for the period ending November 30, 2024. The company reported financial results for its first fiscal quarter, comparing them to the same period in the prior year. Specific details on revenue, expenses, and net income are provided within the filing.
Why It Matters
This filing provides investors with an update on Destiny Media Technologies' financial performance and operational status for the first quarter of fiscal year 2025.
Risk Assessment
Risk Level: medium — As a publicly traded company filing quarterly reports, there are inherent risks associated with financial performance and market conditions.
Key Numbers
- 2024-11-30 — Reporting Period End (Current quarter end date)
- 2023-11-30 — Prior Year Period End (Comparison period for Q1 2024)
- 2024-08-31 — Fiscal Year End (Company's fiscal year end)
Key Players & Entities
- DESTINY MEDIA TECHNOLOGIES INC (company) — Filer
- 20241130 (date) — Reporting Period End Date
- 20250114 (date) — Filing Date
- VANCOUVER (location) — Business Address City
- NV (location) — State of Incorporation
FAQ
What were the total hosting costs for the three months ended November 30, 2024?
The filing indicates hosting costs for the period September 1, 2024 to November 30, 2024, but the specific dollar amount is not provided in this header data.
How do the internal engineering support costs for Q1 2025 compare to Q1 2024?
The filing lists 'InternalEngineeringSupportsMember' for both periods (2024-09-01 to 2024-11-30 and 2023-09-01 to 2023-11-30), but specific figures are not in the header.
What is the company's state of incorporation?
Destiny Media Technologies Inc. is incorporated in NV (Nevada).
When was this 10-Q filing submitted to the SEC?
This 10-Q filing was submitted on January 14, 2025.
What is the SIC code for Destiny Media Technologies Inc.?
The Standard Industrial Classification code for Destiny Media Technologies Inc. is 7372, which falls under SERVICES-PREPACKAGED SOFTWARE.
From the Filing
0001062993-25-000745.txt : 20250114 0001062993-25-000745.hdr.sgml : 20250114 20250114090039 ACCESSION NUMBER: 0001062993-25-000745 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 46 CONFORMED PERIOD OF REPORT: 20241130 FILED AS OF DATE: 20250114 DATE AS OF CHANGE: 20250114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DESTINY MEDIA TECHNOLOGIES INC CENTRAL INDEX KEY: 0001099369 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 841516745 STATE OF INCORPORATION: NV FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-28259 FILM NUMBER: 25527875 BUSINESS ADDRESS: STREET 1: 1110 - 885 W GEORGIA ST CITY: VANCOUVER STATE: A1 ZIP: V6C 3E8 BUSINESS PHONE: 604-609-7736 MAIL ADDRESS: STREET 1: 1110 - 885 W GEORGIA ST CITY: VANCOUVER STATE: A1 ZIP: V6C 3E8 10-Q 1 form10q.htm FORM 10-Q Destiny Media Technologies, Inc.: Form 10-Q - Filed by newsfilecorp.com false 0001099369 Q1 --08-31 2025 NV 0001099369 us-gaap:ComputerSoftwareIntangibleAssetMember 2024-08-31 0001099369 us-gaap:PatentsMember 2024-08-31 0001099369 2024-08-31 0001099369 2024-09-01 2024-11-30 0001099369 2023-09-01 2023-11-30 0001099369 us-gaap:ComputerSoftwareIntangibleAssetMember 2024-11-30 0001099369 us-gaap:PatentsMember 2024-11-30 0001099369 2024-11-30 0001099369 srt:MinimumMember 2024-11-30 0001099369 srt:MaximumMember 2024-11-30 0001099369 dsny:HostingCostsMember 2023-09-01 2023-11-30 0001099369 dsny:HostingCostsMember 2024-09-01 2024-11-30 0001099369 dsny:InternalEngineeringSupportsMember 2023-09-01 2023-11-30 0001099369 dsny:InternalEngineeringSupportsMember 2024-09-01 2024-11-30 0001099369 dsny:CustomerSupportsMember 2023-09-01 2023-11-30 0001099369 dsny:CustomerSupportsMember 2024-09-01 2024-11-30 0001099369 dsny:ThirdPartyAndTransactionCostMember 2023-09-01 2023-11-30 0001099369 dsny:ThirdPartyAndTransactionCostMember 2024-09-01 2024-11-30 0001099369 2023-08-31 0001099369 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-08-31 0001099369 us-gaap:RetainedEarningsMember 2023-08-31 0001099369 us-gaap:AdditionalPaidInCapitalMember 2023-08-31 0001099369 us-gaap:CommonStockMember 2023-08-31 0001099369 us-gaap:RetainedEarningsMember 2023-09-01 2023-11-30 0001099369 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-09-01 2023-11-30 0001099369 us-gaap:AdditionalPaidInCapitalMember 2023-09-01 2023-11-30 0001099369 us-gaap:CommonStockMember 2023-09-01 2023-11-30 0001099369 2023-11-30 0001099369 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-11-30 0001099369 us-gaap:RetainedEarningsMember 2023-11-30 0001099369 us-gaap:AdditionalPaidInCapitalMember 2023-11-30 0001099369 us-gaap:CommonStockMember 2023-11-30 0001099369 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-11-30 0001099369 us-gaap:RetainedEarningsMember 2024-11-30 0001099369 us-gaap:AdditionalPaidInCapitalMember 2024-11-30 0001099369 us-gaap:CommonStockMember 2024-11-30 0001099369 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-09-01 2024-11-30 0001099369 us-gaap:RetainedEarningsMember 2024-09-01 2024-11-30 0001099369 us-gaap:AdditionalPaidInCapitalMember 2024-09-01 2024-11-30 0001099369 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-08-31 0001099369 us-gaap:RetainedEarningsMember 2024-08-31 0001099369 us-gaap:AdditionalPaidInCapitalMember 2024-08-31 0001099369 us-gaap:CommonStockMember 2024-08-31 0001099369 dsny:StockOptionPlan2015Member 2024-11-30 0001099369 2023-09-01 2024-08-31 0001099369 dsny:StockOptionPlanTwoZeroTwoTwoMemberMember 2022-02-18 0001099369 dsny:StockOptionPlanTwoZeroTwoTwoMemberMember 2024-11-30 0001099369 2022-09-01 2022-11-30 0001099369 2025-01-13 0001099369 srt:EuropeMember 2023-09-01 2023-11-30 0001099369 srt:EuropeMember 2024-09-01 2024-11-30 0001099369 srt:AfricaMember 2023-09-01 2023-11-30 0001099369 srt:AfricaMember 2024-09-01 2024-11-30 0001099369 dsny:CustomerOneMember us-gaap:SalesRevenueNetMember us-gaap:CustomerConcentrationRiskMember 20