Financial insights of AULT

MyFinsight

For the quarter ending 2024-06-30, AULT made $28,404K in revenue. -$35,235K in net income. Net profit margin of -124.05%.

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

Income Statement	2024-06-30
Total revenue	28,404
Total cost of revenue	29,032
Gross profit	-628
Impairment of property and equipment	7,955
General and administrative	13,497
Selling and marketing	3,993
Research and development	852
Operating expenses	26,297
income (loss) from operations	-26,925
Gain on the sale of fixed assets	-36
Impairmentofequitysecurities	6,266
Loss from investment in unconsolidated entity	-1,291
Gain on extinguishment of debt	-663
Interest expense	5,383
Interest and other income	809
Nonoperating income (expense)	-12,830
Income (loss) from continuing operations before income taxes, noncontrolling interest	-39,755
Income tax provision (benefit)	24
Net income (loss), including portion attributable to noncontrolling interest	-39,779
Net loss attributable to non-controlling interest	-5,852
Netlossattributabletoaultallianceinc	-33,927
Preferred stock dividends, income statement impact	1,308
Net income (loss) available to common stockholders, basic	-35,235

Basic eps	-1.08
Diluted eps	-1.08
Basic average shares	32,606,000
Diluted average shares	32,606,000