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PENSARE ACQUISITION Corp

EDGAR

AVCT Quarterly report (10-Q) · filed 2023-05-12

34 filing records in this dataset, filed from 2017-07-06 to 2023-05-12. Reported financial figures are available; chart coverage varies by period.

Inspect reported changes Compare with another company Historical disclosures Search filings Segments

Watchlist

Latest quarter

Revenue

4.06 million USD

2023 Q4 · USD

Exact inputs and evidence

Revenue: 4063000 USD Source

Operating margin

-212.72%

2023 Q4 · %

Exact inputs and evidence

Operating Income: -8643000 USD Source
Revenue: 4063000 USD Source

Operating cash flow

-5.44 million USD

2023 Q4 · USD

Exact inputs and evidence

Operating Cash Flow: -5440000 USD Source

Cash and cash equivalents: 13.3 million USD 2023-03-31 Source
Exact value

13326000 USD
Long-term debt including current maturities: 28 thousand USD 2022-09-30 Source
Exact value

28000 USD
Shares outstanding: 33.5 million shares 2023-03-31 Source
Exact value

33532473 shares

Reported share-count change

-62.56% · -56 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence

89566997 shares · 2022-03-31· Source
33532473 shares · 2023-03-31· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

16.8 million USD

2022-04-01 – 2023-03-31

Exact inputs and evidence

Revenue: 3724000 USD · 2022-04-01 – 2022-06-30 Source
Revenue: 4738000 USD · 2022-07-01 – 2022-09-30 Source
Revenue: 16811000 USD · 2022-01-01 – 2022-12-31 Source
Revenue: 12556000 USD · 2022-01-01 – 2022-09-30 Source
Revenue: 4063000 USD · 2023-01-01 – 2023-03-31 Source

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2023-05-12.

Financial data available through: 2022-12-31.

Coverage by financial measure

Revenue: 2 of 11 periods available· newest 2022-12-31
Operating income: 5 of 11 periods available· newest 2022-12-31
Net income: 5 of 11 periods available· newest 2022-12-31
Operating cash flow: 5 of 11 periods available· newest 2022-12-31
Capital expenditure: 1 of 11 periods available· newest 2018-03-31
Total assets: 2 of 11 periods available· newest 2022-12-31
Total liabilities: 2 of 11 periods available· newest 2022-12-31
Current assets: 2 of 11 periods available· newest 2022-12-31
Current liabilities: 2 of 11 periods available· newest 2022-12-31
Cash and cash equivalents: 2 of 11 periods available· newest 2022-12-31
Long-term debt including current maturities: 1 of 11 periods available· newest 2021-12-31
Shares outstanding: 2 of 11 periods available· newest 2022-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
-16.2%

Prior period

USD 20.05 million

2021-01-01 – 2021-12-31
Current period

USD 16.81 million

2022-01-01 – 2022-12-31

Exact inputs and evidence

16811000 − 20049000 = -3238000 USD

20049000 USD · 2021-01-01 – 2021-12-31
Inspect prior input Prior source
16811000 USD · 2022-01-01 – 2022-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · PENSARE ACQUISITION Corp · 2022-12-31 PENSARE ACQUISITION Corp (edgar:1704760) Year-over-year change in Revenue: -3238000 USD Concept: fundies:Revenue Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T11:46:36Z Snapshot: bb4b8a549a74beb3177c83c9012771c6876e7381feaaf86a284e047f88e0cb9e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1704760?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 16811000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1704760/000121390023028156/f10k2022_americanvirtual.htm#576329 Filing: 000121390023028156 Input fundies:Revenue: 20049000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1704760/000121390023028156/f10k2022_americanvirtual.htm#576610 Filing: 000121390023028156
The citation records this snapshot. The page link may show a newer release later.
Net income
+USD 121.59 million

Prior period

−USD 161.39 million

2021-01-01 – 2021-12-31
Current period

−USD 39.8 million

2022-01-01 – 2022-12-31

Exact inputs and evidence

-39799000 − -161386000 = 121587000 USD

-161386000 USD · 2021-01-01 – 2021-12-31
Inspect prior input Prior source
-39799000 USD · 2022-01-01 – 2022-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · PENSARE ACQUISITION Corp · 2022-12-31 PENSARE ACQUISITION Corp (edgar:1704760) Year-over-year change in Net income: 121587000 USD Concept: fundies:NetIncome Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T11:46:36Z Snapshot: bb4b8a549a74beb3177c83c9012771c6876e7381feaaf86a284e047f88e0cb9e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1704760?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: -39799000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1704760/000121390023028156/f10k2022_americanvirtual.htm#1139519 Filing: 000121390023028156 Input fundies:NetIncome: -161386000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1704760/000121390023028156/f10k2022_americanvirtual.htm#1139920 Filing: 000121390023028156
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
−USD 16.74 million

Prior period

−USD 47.35 million

2021-01-01 – 2021-12-31
Current period

−USD 64.09 million

2022-01-01 – 2022-12-31

Exact inputs and evidence

-64093000 − -47352000 = -16741000 USD

-47352000 USD · 2021-01-01 – 2021-12-31
Inspect prior input Prior source
-64093000 USD · 2022-01-01 – 2022-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · PENSARE ACQUISITION Corp · 2022-12-31 PENSARE ACQUISITION Corp (edgar:1704760) Year-over-year change in Operating cash flow: -16741000 USD Concept: fundies:OperatingCashFlow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T11:46:36Z Snapshot: bb4b8a549a74beb3177c83c9012771c6876e7381feaaf86a284e047f88e0cb9e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1704760?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: -64093000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1704760/000121390023028156/f10k2022_americanvirtual.htm#684105 Filing: 000121390023028156 Input fundies:OperatingCashFlow: -47352000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1704760/000121390023028156/f10k2022_americanvirtual.htm#684546 Filing: 000121390023028156
The citation records this snapshot. The page link may show a newer release later.

Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2023 2022-01-01 – 2022-12-31

Revenue USD 16.81 million 100% of revenue
Cost of revenue USD 18.37 million 109% of revenue
Operating expenses USD 45.14 million 268% of revenue
Other operating costs Derived USD 10.47 million 62% of revenue
Operating income −USD 57.17 million −340% of revenue
Tax, interest and other Derived −USD 17.37 million −103% of revenue
Net income −USD 39.8 million −237% of revenue

Cash

Operating cash flow −USD 64.09 million −381% of revenue
Capital expenditure Unavailable An input is unavailable.
Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2022 Operating loss: operating costs were 496% of revenue.
2023 Operating loss: operating costs were 440% of revenue.

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
2022 2021-01-01 – 2021-12-31	20049000	99497000 Derived	-79448000	81938000 Derived	-161386000	Unavailable	Source 2021-01-01 – 2021-12-31: 20049000 USD Inspect Revenue Open source 2021-01-01 – 2021-12-31: -79448000 USD Inspect Operating Income Open source 2021-01-01 – 2021-12-31: -161386000 USD Inspect Net Income Open source 2021-01-01 – 2021-12-31: -47352000 USD Inspect Operating Cash Flow Open source
2023 2022-01-01 – 2022-12-31	16811000	73977000 Derived	-57166000	-17367000 Derived	-39799000	Unavailable	Source 2022-01-01 – 2022-12-31: 16811000 USD Inspect Revenue Open source 2022-01-01 – 2022-12-31: -57166000 USD Inspect Operating Income Open source 2022-01-01 – 2022-12-31: -39799000 USD Inspect Net Income Open source 2022-01-01 – 2022-12-31: -64093000 USD Inspect Operating Cash Flow Open source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 16.8M 2023

Values and sources

Revenue values and source evidence
Period	Series	Value(USD)	Source evidence
20222021-12-31	Revenue	20049000	Revenue: 20049000 Open source
20232022-12-31	Revenue	16811000	Revenue: 16811000 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

-16.2% 2023

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20222021-12-31	Year over year	No prior comparable period	Revenue: 20049000 Open source
20232022-12-31	Year over year	-16.2%	Revenue: 16811000 Open source Revenue: 20049000 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -340.1% 2023

Net margin -236.7% 2023

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
20222021-12-31	Operating margin	-396.3%	Operating Income: -79448000 Open source Revenue: 20049000 Open source
20232022-12-31	Operating margin	-340.1%	Operating Income: -57166000 Open source Revenue: 16811000 Open source
20222021-12-31	Net margin	-805%	Net Income: -161386000 Open source Revenue: 20049000 Open source
20232022-12-31	Net margin	-236.7%	Net Income: -39799000 Open source Revenue: 16811000 Open source
20222021-12-31	Free cash flow margin	Not reported	Revenue: 20049000 Open source Operating Cash Flow: -47352000 Open source
20232022-12-31	Free cash flow margin	Not reported	Revenue: 16811000 Open source Operating Cash Flow: -64093000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

USD -64.1M 2023

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20222021-12-31	Operating cash flow	-47352000	Operating Cash Flow: -47352000 Open source
20232022-12-31	Operating cash flow	-64093000	Operating Cash Flow: -64093000 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.

Values and sources

Free cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20222021-12-31	Free cash flow	Unavailable	Operating Cash Flow: -47352000 Open source
20232022-12-31	Free cash flow	Unavailable	Operating Cash Flow: -64093000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

42.1% 2023

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
20222021-12-31	Liabilities / assets	99.2%	Total Liabilities: 117001000 Open source Total Assets: 117903000 Open source
20232022-12-31	Liabilities / assets	42.1%	Total Liabilities: 13418000 Open source Total Assets: 31909000 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

2.38× 2023

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
20222021-12-31	Current assets / current liabilities	0.9×	Current Assets: 70155000 Open source Current Liabilities: 77726000 Open source
20232022-12-31	Current assets / current liabilities	2.38×	Current Assets: 26402000 Open source Current Liabilities: 11104000 Open source

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
2017 2016-04-07 – 2017-03-31	−USD 59,193 Exact value Exact value: -59193 USD 2016-04-07 – 2017-03-31: -59193 USD Inspect Net Income Open source Share or cite Citation for Net Income · PENSARE ACQUISITION Corp · 2017-03-31 PENSARE ACQUISITION Corp (edgar:1704760) Net Income: -59193 USD Concept: fundies:NetIncome Period: 2016-04-07 to 2017-03-31 Values: Latest reported Published: 2026-11-02T11:46:36Z Snapshot: bb4b8a549a74beb3177c83c9012771c6876e7381feaaf86a284e047f88e0cb9e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1704760/explain?concept=fundies%3ANetIncome&period=2017-03-31&surface=latest&period_type=duration&start=2016-04-07&unit=USD&dimensions= Input fundies:NetIncome: -59193 USD (2016-04-07 to 2017-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1704760/000161577418005902/wrlsu-20180331.xml#222479 Filing: 000161577418005902 The citation records this snapshot. The page link may show a newer release later.	−USD 56,798 Exact value Exact value: -56798 USD 2016-04-07 – 2017-03-31: -56798 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · PENSARE ACQUISITION Corp · 2017-03-31 PENSARE ACQUISITION Corp (edgar:1704760) Operating Cash Flow: -56798 USD Concept: fundies:OperatingCashFlow Period: 2016-04-07 to 2017-03-31 Values: Latest reported Published: 2026-11-02T11:46:36Z Snapshot: bb4b8a549a74beb3177c83c9012771c6876e7381feaaf86a284e047f88e0cb9e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1704760/explain?concept=fundies%3AOperatingCashFlow&period=2017-03-31&surface=latest&period_type=duration&start=2016-04-07&unit=USD&dimensions= Input fundies:OperatingCashFlow: -56798 USD (2016-04-07 to 2017-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1704760/000161577418005902/wrlsu-20180331.xml#230299 Filing: 000161577418005902 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2018 2017-04-01 – 2018-03-31	−USD 2.52 million Exact value Exact value: -2520045 USD 2017-04-01 – 2018-03-31: -2520045 USD Inspect Net Income Open source Share or cite Citation for Net Income · PENSARE ACQUISITION Corp · 2018-03-31 PENSARE ACQUISITION Corp (edgar:1704760) Net Income: -2520045 USD Concept: fundies:NetIncome Period: 2017-04-01 to 2018-03-31 Values: Latest reported Published: 2026-11-02T11:46:36Z Snapshot: bb4b8a549a74beb3177c83c9012771c6876e7381feaaf86a284e047f88e0cb9e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1704760/explain?concept=fundies%3ANetIncome&period=2018-03-31&surface=latest&period_type=duration&start=2017-04-01&unit=USD&dimensions= Input fundies:NetIncome: -2520045 USD (2017-04-01 to 2018-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1704760/000121390019010810/wrlsu-20190331.xml#52701 Filing: 000121390019010810 The citation records this snapshot. The page link may show a newer release later.	−USD 1.33 million Exact value Exact value: -1332905 USD 2017-04-01 – 2018-03-31: -1332905 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · PENSARE ACQUISITION Corp · 2018-03-31 PENSARE ACQUISITION Corp (edgar:1704760) Operating Cash Flow: -1332905 USD Concept: fundies:OperatingCashFlow Period: 2017-04-01 to 2018-03-31 Values: Latest reported Published: 2026-11-02T11:46:36Z Snapshot: bb4b8a549a74beb3177c83c9012771c6876e7381feaaf86a284e047f88e0cb9e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1704760/explain?concept=fundies%3AOperatingCashFlow&period=2018-03-31&surface=latest&period_type=duration&start=2017-04-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -1332905 USD (2017-04-01 to 2018-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1704760/000121390019010810/wrlsu-20190331.xml#53327 Filing: 000121390019010810 The citation records this snapshot. The page link may show a newer release later.	USD 18,918 Exact value Exact value: 18918 USD 2017-04-01 – 2018-03-31: 18918 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · PENSARE ACQUISITION Corp · 2018-03-31 PENSARE ACQUISITION Corp (edgar:1704760) Capital Expenditure: 18918 USD Concept: fundies:CapitalExpenditure Period: 2017-04-01 to 2018-03-31 Values: Latest reported Published: 2026-11-02T11:46:36Z Snapshot: bb4b8a549a74beb3177c83c9012771c6876e7381feaaf86a284e047f88e0cb9e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1704760/explain?concept=fundies%3ACapitalExpenditure&period=2018-03-31&surface=latest&period_type=duration&start=2017-04-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 18918 USD (2017-04-01 to 2018-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1704760/000121390019010810/wrlsu-20190331.xml#55355 Filing: 000121390019010810 The citation records this snapshot. The page link may show a newer release later.	−USD 1.35 million Calculation and evidence -1332905 − 18918 USD Exact free cash flow: -1351823 USD 2017-04-01 – 2018-03-31: -1332905 USD · Inspect Operating Cash Flow · Source 2017-04-01 – 2018-03-31: 18918 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · PENSARE ACQUISITION Corp · 2018-03-31 PENSARE ACQUISITION Corp (edgar:1704760) Free cash flow: -1351823 USD Concept: free-cash-flow Period: 2017-04-01 to 2018-03-31 Values: Latest reported Published: 2026-11-02T11:46:36Z Snapshot: bb4b8a549a74beb3177c83c9012771c6876e7381feaaf86a284e047f88e0cb9e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1704760?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -1332905 USD (2017-04-01 to 2018-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1704760/000121390019010810/wrlsu-20190331.xml#53327 Filing: 000121390019010810 Input fundies:CapitalExpenditure: 18918 USD (2017-04-01 to 2018-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1704760/000121390019010810/wrlsu-20190331.xml#55355 Filing: 000121390019010810 The citation records this snapshot. The page link may show a newer release later.
2019 2018-04-01 – 2019-03-31	USD 989,799 Exact value Exact value: 989799 USD 2018-04-01 – 2019-03-31: 989799 USD Inspect Net Income Open source Share or cite Citation for Net Income · PENSARE ACQUISITION Corp · 2019-03-31 PENSARE ACQUISITION Corp (edgar:1704760) Net Income: 989799 USD Concept: fundies:NetIncome Period: 2018-04-01 to 2019-03-31 Values: Latest reported Published: 2026-11-02T11:46:36Z Snapshot: bb4b8a549a74beb3177c83c9012771c6876e7381feaaf86a284e047f88e0cb9e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1704760/explain?concept=fundies%3ANetIncome&period=2019-03-31&surface=latest&period_type=duration&start=2018-04-01&unit=USD&dimensions= Input fundies:NetIncome: 989799 USD (2018-04-01 to 2019-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1704760/000121390019010810/wrlsu-20190331.xml#52576 Filing: 000121390019010810 The citation records this snapshot. The page link may show a newer release later.	−USD 2.04 million Exact value Exact value: -2041313 USD 2018-04-01 – 2019-03-31: -2041313 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · PENSARE ACQUISITION Corp · 2019-03-31 PENSARE ACQUISITION Corp (edgar:1704760) Operating Cash Flow: -2041313 USD Concept: fundies:OperatingCashFlow Period: 2018-04-01 to 2019-03-31 Values: Latest reported Published: 2026-11-02T11:46:36Z Snapshot: bb4b8a549a74beb3177c83c9012771c6876e7381feaaf86a284e047f88e0cb9e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1704760/explain?concept=fundies%3AOperatingCashFlow&period=2019-03-31&surface=latest&period_type=duration&start=2018-04-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -2041313 USD (2018-04-01 to 2019-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1704760/000121390019010810/wrlsu-20190331.xml#53142 Filing: 000121390019010810 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2022 2021-01-01 – 2021-12-31	−USD 161.39 million Exact value Exact value: -161386000 USD 2021-01-01 – 2021-12-31: -161386000 USD Inspect Net Income Open source Share or cite Citation for Net Income · PENSARE ACQUISITION Corp · 2021-12-31 PENSARE ACQUISITION Corp (edgar:1704760) Net Income: -161386000 USD Concept: fundies:NetIncome Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T11:46:36Z Snapshot: bb4b8a549a74beb3177c83c9012771c6876e7381feaaf86a284e047f88e0cb9e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1704760/explain?concept=fundies%3ANetIncome&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:NetIncome: -161386000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1704760/000121390023028156/f10k2022_americanvirtual.htm#1139920 Filing: 000121390023028156 The citation records this snapshot. The page link may show a newer release later.	−USD 47.35 million Exact value Exact value: -47352000 USD 2021-01-01 – 2021-12-31: -47352000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · PENSARE ACQUISITION Corp · 2021-12-31 PENSARE ACQUISITION Corp (edgar:1704760) Operating Cash Flow: -47352000 USD Concept: fundies:OperatingCashFlow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T11:46:36Z Snapshot: bb4b8a549a74beb3177c83c9012771c6876e7381feaaf86a284e047f88e0cb9e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1704760/explain?concept=fundies%3AOperatingCashFlow&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -47352000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1704760/000121390023028156/f10k2022_americanvirtual.htm#684546 Filing: 000121390023028156 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2023 2022-01-01 – 2022-12-31	−USD 39.8 million Exact value Exact value: -39799000 USD 2022-01-01 – 2022-12-31: -39799000 USD Inspect Net Income Open source Share or cite Citation for Net Income · PENSARE ACQUISITION Corp · 2022-12-31 PENSARE ACQUISITION Corp (edgar:1704760) Net Income: -39799000 USD Concept: fundies:NetIncome Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T11:46:36Z Snapshot: bb4b8a549a74beb3177c83c9012771c6876e7381feaaf86a284e047f88e0cb9e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1704760/explain?concept=fundies%3ANetIncome&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:NetIncome: -39799000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1704760/000121390023028156/f10k2022_americanvirtual.htm#1139519 Filing: 000121390023028156 The citation records this snapshot. The page link may show a newer release later.	−USD 64.09 million Exact value Exact value: -64093000 USD 2022-01-01 – 2022-12-31: -64093000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · PENSARE ACQUISITION Corp · 2022-12-31 PENSARE ACQUISITION Corp (edgar:1704760) Operating Cash Flow: -64093000 USD Concept: fundies:OperatingCashFlow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T11:46:36Z Snapshot: bb4b8a549a74beb3177c83c9012771c6876e7381feaaf86a284e047f88e0cb9e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1704760/explain?concept=fundies%3AOperatingCashFlow&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -64093000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1704760/000121390023028156/f10k2022_americanvirtual.htm#684105 Filing: 000121390023028156 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

34 filings · 1,395 latest values · 1,395 originally reported values

Dataset published 2026-11-02. Source filing dates and reporting periods are shown separately.

Identifiers: 0001704760, 1704760, AVCT, AVCTQ, WRLSU, edgar:1704760

Also known as AMERICAN VIRTUAL CLOUD TECHNOLOGIES, INC., American Virtual Cloud Technologies, Inc., PENSARE ACQUISITION Corp

PENSARE ACQUISITION Corp

Latest quarter

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Trailing twelve months

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Where revenue goes

2023 2022-01-01 – 2022-12-31

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