us joining you thank and Kirsten, today. for you, Thank
I challenging fighting and like staying healthy safe this all hope those COVID-XX that with during would I thank time. pandemic. everyone is to
our we results, as the how Today, share for navigating future. impact an the update on conditions I'll through QX and the of COVID-XX we current XXXX plan are
growing we efficient an started XXXX you in focused on recall, our business If manner.
of onset to substantial restaurant implemented therefore and on the and COVID-XX, our further the With it maintaining turned on had operations focus and reduce industry impact business, abrupt bar we measures the our costs. to and
XX thank to from digging team Today, and we in gun fluid our am the challenges you have XXXX. special execution I'd I we of communication, seamless. whose and Midwest. work navigate proud these of give home which a individuals and to like of has been entire the have XX two to employees as for warehouse shifted commitment the in
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their of key on restaurants venue states part is in and our encouraged billing offering. lifting number their are We Buzztime easing as started of and a have a May, as customers some restrictions small early and reinstated bars proactively
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if of As venues, generate of related are able annualized in point $X our reference, we a we to XX% subscription estimate approximately can retain and revenue. advertising million we
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also we active mobile immediate With up engage effects We action gameplay expanded X out-of-venue fruitful. times. radius, connectivity our the the to connectivity user app this in March engagement began to was When expanded specifically, XXX%. spike daily adversely users. over daily our has through players experienced than This More took more impact mobile to is to offer from increased an active April of our gaming. our via transition immediate business, quick pandemic
and drive focus restrictions continue primary for businesses business. our reopen opportunities, or play enabling they open be and are as we customers venues will will into eased, sites lifted to While as explore out-of-venue to
our exchange, with testament advertising. reopen for and is ad as the efficacy a the weeks more $XX,XXX had off revenue to subscription the since ad out-of-home the bringing XXXX. on tapered programmatic at than $XXX,XXX in the in XXXX of to we in anticipate recorded met as We QX network revenue the advertising X.X We digital of This advertising beginning of our we end over months double revenue line programmatic expectation the year. performance our solid of QX, QX of revenue back strategy complement upcoming Although business. advertising our programmatic to venues
shipment business, facility another correctional delivering hardware With of anticipate regards our to in tablets to partner upcoming months. the our we
our state and we orders the build to the opportunities the the of limited business as of has believe a short-term business, lumpiness the tablet result focus the is bandwidth contracted this Given to hardware the team on economy, limited. of pandemic,
we to to sold into related For to a anticipates the we for tablets in hardware pushed are Spendgo orders party Therefore, have the which business. ways XXXX. being and past example, previously inventory exploring claimed creative assets monetize the our XXXX
sale impact that in to had quarter by the XXXX. business In were our January events live our XXXX compared results, first during our the addition and year, impacted on the the to site prior count also results quarter COVID-XX lower of by
million $X.X reduced revenues QX $X.X Our SG&A were to to in XXXX QX QX $X.X in XXXX compared million from million $X.X XXXX. QX expense XXXX. in We million
For non-cash capitalized a per or to or share $X.X loss common shareholders for in impairments compares attributable QX common XXXX. including was a goodwill of QX and related to $X.XX share. software loss $X.XX XXXX, per net our million business, net shareholders to $XXX,XXX $XXX,XXX This to Canadian attributable
proceeds of loan Act, and cash in maintain related at jobs we end, Paycheck was $X.X million in Protection are The XX, sector, XXXX. goal the million CARES loan to small to for the the $X.X expenses. $X.X a XX, Unrestricted March April, the we at allowable using million through Subsequent business XXXX, received to December Program. quarter is our program compared
included about XX-K, ability through XX, substantial we XXXX In a going continue to our XXXX. statement as March a regarding doubt a concern our
capital working our resources sufficient As the outlays obligations manage through believe cash impact by timing vendors, assuming account the payment pandemic we we our a lender. parties, October are our XXXX, our cash of to third of and deficit into have the we able managing on other the successfully and conditions, result will our to to forecasted of to financial COVID-XX taking business current pay
submitted April. to NYSE regain equity Additionally, compliance with plans our listing stockholders’ we late to in the standard
a challenging our options. Finally, standalone ability evaluating size traded this opportunities all and our know exploring monetize publicly as the assets is company we and we're extremely at be environment, in to to
and In will the dwell and our that including for venue enhancing In dining more year become choice influencing the of partners regard, customers, a and guest time, in and thereby benefits many challenging to conclusion, businesses, industries restaurant our be industry. bar critical experience. XXXX the us platform our increasing
our we experiences customers for with to supporting Trivia business. as look they reopen forward So,
And upcoming weeks. the joining for Please forward look call. today. conclude Operator, of in you Thank safe. to stay I you the connecting us directly may with you each
