asxc: the income statement

MyFinsight

For the quarter ending 2024-06-30, ASXC made $2,207K in revenue. -$25,922K in net income. Net profit margin of -1174.54%.

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

Income Statement	2024-06-30
Revenue	2,207
Us-gaap_costofgoodsandservicessold	2,659
Us-gaap_grossprofit	-452
General and administrative	5,994
Sales and marketing	3,655
Change in fair value of contingent consideration	5,700
Research and development	7,631
Amortization of intangible assets	110
Us-gaap_operatingexpenses	23,090
Us-gaap_operatingincomeloss	-23,542
Other expense, net	-52
Us-gaap_interestexpensenonoperating	321
Interest income	66
Change in fair value of warrant liabilities	1,825
Us-gaap_nonoperatingincomeexpense	-2,132
Us-gaap_incomelossfromcontinuingoperationsbeforeincometaxesextraordinaryitemsnoncontrollinginterest	-25,674
Us-gaap_incometaxexpensebenefit	75
Net loss	-25,749
Foreign currency translation (loss) gain	-174
Unrealized gain on available-for-sale investments	1
Us-gaap_comprehensiveincomenetoftax	-25,922

Basic eps	-0.09
Basic average shares	272,316,000