Sirius Open Source Sank Deeper Into Debt, Has Run Out of Money
Today is the last day of July, so Sirius Open Source was legally obliged to release its fiscal data/numbers for 2023. What does the filing tell us?
Here is the outline:
No money left in the bank, debt grew, tangible assets more than halved since the time my wife and I quit the job.
Aside from debt, there is now considerable overdraft in the bank (i.e. more debt):
The interest rates on overdraft are insane. Despite plundering the staff (stealing the pension money), the company is floundering. █