We are sad to let you know that Dealflicks is stopping our service effective immediately. This is unfortunate news for us to share as we have spent countless hours and effort over the past six years trying provide the best movie ticket deals to users across the US. However, at this time, we are unable to continue to operate moving forward based on our financial situation.

We appreciate your support and patronage over the years, and we hope that our original vision of the industry will somehow continue to move forward in our absense.

If you have any outstanding paid Dealbucks that is connected with your Dealflicks user account, please fill out this form to file a claim:


We will be taking in all gift card claims for the next 30 days until 11:59pm EST on Friday September 14, 2018, and we will issue any payouts shortly thereafter once all claims have been received.

If you have any other questions, please email us at [email protected]. Please keep in mind that aspects of our website/app/FB page will be out-of-date as of now until we are able to properly update/disable the various features.

Thank you so much,

-Team Dealflicks

"Without additional funding, the company will not have sufficient funds to meet its obligations within one year from [Tuesday]," the company said in its quarterly report. "These factors raise substantial doubt about the company's ability to continue as a going concern."

As of Friday, Helios and Matheson had just $26 million in cash on hand. It had another $25.4 million on deposit at its merchant bank, which processes payments on its behalf.

By contrast, the company burned through more than $219 million in the first six months of the year — $150.8 million of that in the second quarter alone. The company burned cash in the second quarter at a rate of about $50.3 million a month — an amount nearly equal to all of the company's cash and accounts receivable on Friday.

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MoviePass' parent company, Helios and Matheson Analytics, lost $100 million in the second quarter, according to its most recent quarterly report filed late Tuesday, on pace to blow through its remaining assets in the next quarter if its new turnaround plan doesn't work out.

Helios and Matheson posted a gross loss of $104.6 million, a drastic swing from the year-ago period when it reported a gross profit of $223,000. The company has just $175.3 million of total assets left on hand, including $15.5 million in cash.

Shares of Helios and Matheson opened roughly 30 percent lower Wednesday. But the stock trades for just a few cents, so it doesn't take much to send it on massive swings.

The popular movie subscription service has been facing public scrutiny and changing its offerings in an effort to reach profitability. Last week, MoviePass cut its standard plan to just three movies per month, down from one movie per day. It also experimented with peak pricing, limited showings and ticket verification — all to reduce abuse of the service.

Helios and Matheson doesn't break out specific revenue for MoviePass, but said the decline in quarterly profit is "primarily due to operating expenses of MoviePass."

MoviePass is contributing tens of millions in additional revenue for the Helios and Matheson — it's just burning cash at a much faster rate. Total operating expenses for Helios and Matheson increased by 1,000 percent year over year during the second quarter, pushing total losses from operations past $126 million.