Reports Q2 revenue $2.3M vs. $3.5M last year. Ronny Yakov, CEO, stated: “The first half of 2025 reflects our deliberate strategy of reducing legacy expenses, restructuring our balance sheet, and positioning OLB for sustainable growth. The complete elimination of debt and related obligations, alongside measurable reductions in operating expenses, provide us with a strengthened foundation going forward. Moola Cloud is on track to leverage its extensive merchant network and product innovations to access underserved markets and create durable value. At the same time, we are advancing our planned DMINT spin-off, which, if consummated, would allow both OLB and DMINT to pursue specialized strategies with appropriate capital structures. We remain highly focused on prudent execution, protecting our Nasdaq listing, and creating long-term shareholder value.”
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