How did DigiAsia's expenses impact profits in Q4 2023?

DigiAsia's operating expenses had a significant impact on its net income in Q4 2023. The company reported a net loss of $441,445 for the quarter, primarily due to the absence of total revenue and an operating expense of $0.

|code|Ticker|Name|Date|Total Revenue|Net Income|Diluted EPS|market_code|
|---|---|---|---|---|---|---|---|
|FAAS|FAAS.O|DigiAsia|2022 Q4|0|1374302||186|
|FAAS|FAAS.O|DigiAsia|2023 Q1|1.5899844E7|483134|-216.32|186|
|FAAS|FAAS.O|DigiAsia|2023 Q2||1032816|0.14|186|
|FAAS|FAAS.O|DigiAsia|2023 Q3||-48532|0.09|186|

The fact that DigiAsia's gross loans were also reported as $0 for the quarter suggests that the company may not have generated any income from its lending activities during this period.