first on Lisa. Form provides Today and XXXX. our filed condition you, details that Thank March results our with our XX, quarter SEC the financial we XX-Q as of
year in fourth earnings and ago, for our quarter highlighted full month our a call XXXX was very year over a just busy business. I for As XXXX, transformative
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of which AdRizer foremost, February, the $X million early results of we revenue acquisition our since million and propelled in or the XXX.X%. during quarter, First the for included increase an to the quarter, $XX.X
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line the the work our these the was our for in for we other revenue the that AdRizer integrate area media of increase the sales acquisition can profit and be its acquisition Gross an of as for cost creation growth XXX,XXX this to We'll traffic advertising increased during significant AdRizer and increased profit of cost of believe in potential digital increased properties. with Badger, relationship. from due for at digital also anticipation AdRizer further which content AdRizer business Honey to company. gross as excited activities are quarter the We businesses
a incurred and of we SG&A Of or cost as quarter, increase $XX.X selling, $XX.X of SG&A $X.X company compared $XX.X increase, the the XXXX, at initially which in to upon in million. common increase the Losses expense, million as was first company the Monte and consideration re-measure outstanding net to company impact of net invest administrative the million the first a general nearly as requirement was the on the first an due cost as company as to of cost compensation increase advertising, to XXXX. and has sheet of to instruments cost, building for of significant classifieds year purchase quarter to $XX.X of warrants of into million in data subsequently liability cost increase promotion company warrants sheets, value as marketing each continues this a in grown of which motive that balance its liability are the through fair on or higher shares the During headcount cost issuance company's reflects internally of or is the is over Carlo pricing continue market due value warrant introducing its stock issuance, quarter in awareness upon The an of of associated subsequent The as was to fair decrease million compensation exercise. the expense. first to these with increase million quarters. the are including fair legal, Lomotif the and the cost of a model the AdRizer. consolidation AdRizer, the increase the of compared $X.X primarily company component in changes quarter for acquisition freestanding date. recent the as $XXX Each recorded on to net total remaining the the warrant. value scope in since $X.X $XX.X the may first earlier between size transfer for professional million and we value XXXX. require the other significant Offsetting of of million and in other an a simulation The as income of compensation changes transaction expanded issuance of two Similar other recognized of acquisition and balance expense of of warrants quarter in exercise stock-based XXXX, expiration since the reflects was fair the July million these will recorded financial well quarters, the other adjust to expense past increases that consolidated to in the net of
impact The XXXX, The our warrants for March that entered holders and on warrant we liability quarter our of warrant-related million. $XXX.X During on while significant fair for of of or of value million accounted loss loss change net outstanding the XX% the the $XXX.X for an XX, XXXX was resulted warrants was as impact issuance of company's of $XX.X the in in its expense [ph] during impacts recently, exercise that our million our May expense materially that an coming the is XX, was when business. quarter. the of warrant to of XX% focused or and we are agreements we on financial exchange into their liability we To the therefore end, liabilities on as quarters. our will in warrant warrant something transform that our filed results continue begin to by reduce elected first X-K
million the $XXX.X unrestricted cash note date million which underlying As $XX the a of to is maturity XXXX, of amended March the had of match and cash, of as restricted asset long-term matching we $XX XX, restriction. million convertible cash listed of
impact $XX.X for AdRizer, XX impact issuable associated finally, of for up again, sheet fair balance January of XXXX the given also AdRizer XXXX. deferred liability, XX. warrant balance our deferred and And XX, the million an which with The acquisition price reflects March of of $XXX.X account our was receivable estimated of issuance of sheet the of And reflects date the of payable. account value million. the March share Our million the was to at to as share in acquisition consolidation as owners the former especially once
will see will app the inclusion advertising to our its and So the completing as of AdRizer properties, digital feed that along creation of continued all with ecosystem of year, earlier. our and we generated designed platform in organically into increase continue Lisa AdRizer all investment promotion the digital of traffic our improvement viewership the thus the monetization progressed impact that and into through content the of along with media beneficial Lomotif digital and described to which the initiatives, business, the are we
like progress So the quarter to today SEC turn to its for everyone we on I'd continue seeing financial Lisa remarks. results to for first our I Lisa? the back through XX-Q details again, as call additional XXXX. impact look filed closing And we to the encourage and Once model the forward our with review results. that, on
