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Prepaid expenses are payments made in advance for goods or services that will be received in the future. They affect the balance sheet as assets until recognized as expenses. Learn more about prepaid expenses here.
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Wondering about the current STL stock price? In Q1 2021, STL reported a revenue of $15.7 million and net income of $1.2 million, thanks to increasing demand for digital marketing solutions. Investing in STL can be a sound decision to capitalize on the growing market.
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