aile: the income statement

MyFinsight

For the quarter ending 2024-06-30, AILE made $135,538K in revenue. -$314,026K in net income. Net profit margin of -231.69%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2024-06-30
Revenues	135,538
Cost of revenue	41,845
Gross profit	93,693
Research and development expense	41,245
Selling, general and administrative expense	137,662
Operating expenses	178,907
Operating income (loss)	-85,214
Gain from forgiveness of transaction costs	-700
Change in fair value of convertible notes	169,860
Change in fair value of derivative financial instrument make whole provision	14,643
Fair value adjustment of warrants	37,395
Interest expense, nonoperating	1,398
Gain (loss), foreign currency transaction, before tax	-2
Other nonoperating income (expense)	-52
Gain (loss) on extinguishment of debt	8,160
Gains (losses) on restructuring of debt	-15,547
Change in fair value of wtiloan	1,292
Nonoperating income (expense)	-228,745
Income (loss) from continuing operations before income taxes, noncontrolling interest	-313,959
Income tax expense (benefit)	67
Net loss	-314,026

Basic eps	-3.15
Diluted eps	-3.15
Basic average shares	99,569,095
Diluted average shares	99,569,095