Financial insights of AVRW

MyFinsight

Income Statement	2024-09-30	2024-06-30	2022-03-31	2021-09-30
Revenues	192	287	1,103	1,359
Cost of goods sold	35	58	353	512
Gross profit	157	229	750	847
Research and development expenses	NaN	NaN	264	601
Selling, general and administrative expenses	660	944	3,364	4,584
Change in fair value of contingent stock consideration	NaN	NaN	-847	608
Impairment of goodwill	NaN	NaN	2,728	NaN
Change in fair value of convertible promissory notes	NaN	NaN	NaN	772
Operating expenses	660	944	5,509	5,793
Gain from extinguishment of debt	NaN	NaN	NaN	7
Operating income (loss)	-503	-715	-4,759	-4,946
Interest income	NaN	1	2	2
Settlement income	NaN	NaN	82	NaN
Interest expense, other	19	6	196	178
Change in fair value of convertible promissory notes	-19	-174	-280	NaN
Other nonoperating income (expense)	-38	-179	-392	603
Income (loss) from continuing operations before income taxes, noncontrolling interest	-541	-894	-5,151	-4,343
[income tax expense (benefit)]	NaN	3	NaN	NaN
Net loss	-541	-897	-5,151	-4,343

Basic EPS	NaN	NaN	-0.07	-0.07
Diluted EPS	NaN	NaN	-0.07	-0.07
Basic Average Shares	NaN	NaN	68,849,400	62,174,822
Diluted Average Shares	NaN	NaN	68,849,400	62,174,822

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.