Source: 10Q. Do you apes even know what that is?
They have a note in their earnings saying that as of 5/4/2026 a bond converted $155mm into new shares, so say hello to another 100 million shares that will be dumped on your ape heads.
Bagholders rejoice! Much improved from last year's catastrophe of a 202mm loss.
Small note in their release said they are exchanging about 100 million shares to retire about $155.8mm (or about 3%) of their debt. So expect those to fall on your head pretty soon.
Company is very excited about the rest of the year. I calculate a loss of 50-75 million for Q2! That would be a huge achievement.
I calculate only a loss of $100 million or so. Excellent for AMC! Take that shorties!
2nd Q strong so far but DOWN from Q2 QUARTER TO DATE 2025 and 2023. But still good.
I predict a mild loss of only $50M for 2Q based on my estimates.