Form 8-K Helios & Matheson Analyt For: May 08
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Helios and Matheson (HMNY) Free Fall Continues; Shares Trade to $1
May 9, 2018 10:34 AM EDTHelios and Matheson (NASDAQ: HMNY) continues recent free-fall. Last down 31% to $1.00
... MoreHelios and Matheson (HMNY) Provides Financial Update
May 8, 2018 9:15 AM EDTHelios and Matheson (NASDAQ: HMNY) disclosed in an SEC filing:
Helios and Matheson Analytics Inc. (we, us, and our) is providing the following financial update.
Financial Update
As of April 30, 2018, we had approximately $15.5 million in available cash and approximately $27.9 million on deposit with our merchant processors for a total of approximately $43.4 million. The funds held by our merchant processors represent a portion of the payments received for annual and other extended term MoviePass subscription plans, which we classify as accounts receivable on our balance sheet and which we expect... More
