AIQ Ltd (LSE:AIQ) slid another 14% as the software developer said cash remained tight, with cash and equivalents of £72,000.
Revenues in the half year to the end of April 2024 were £153,000, from the delivery of a gaming application, while losses dropped to £189,000 from £339,000.
Since the year, the company said it had carried out a consulting project, for which it received HK$200k (£20,000) from an e-commerce platform in Hong Kong.
"If the customer decides to launch the platform, the group expects to be appointed to assist with building the platform engine," said the statement.
AIQ is delivering this project directly, said the statement.
Shares dropped 0.5p to 3p.