Trump Media and Technology Group (NASDAQ:DJT), the owner of Donald Trump's social networking site Truth Social, reported a loss of over $300 million last quarter, marking its first earnings report as a publicly traded company. What Happened: For the three months ending Mar. 31, the company posted a loss of $327.6 million, which included $311 million in non-cash expenses related to its merger with Digital World, a company created specifically to merge with a target business. This merger is an example of a special purpose acquisition company, which provides young companies with quicker and easier routes to go public. Trump Media reported $770,500 in revenue for the ...