Financial insights of AVRW

MyFinsight

For the quarter ending 2024-09-30, AVRW made $192K in revenue. -$541K in net income. Net profit margin of -281.77%.

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

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	-	-	264	601
Selling, general and administrative expenses	660	944	3,364	4,584
Change in fair value of contingent stock consideration	-	-	-847	608
Impairment of goodwill	-	-	2,728	-
Change in fair value of convertible promissory notes	-	-	-	772
Operating expenses	660	944	5,509	5,793
Gain from extinguishment of debt	-	-	-	7
Operating income (loss)	-503	-715	-4,759	-4,946
Interest income	-	1	2	2
Settlement income	-	-	82	-
Interest expense, other	19	6	196	178
Change in fair value of convertible promissory notes	-19	-174	-280	-
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)]	-	3	-	-
Net loss	-541	-897	-5,151	-4,343

Basic eps	-	-	-0.07	-0.07
Diluted eps	-	-	-0.07	-0.07
Basic average shares	-	-	68,849,400	62,174,822
Diluted average shares	-	-	68,849,400	62,174,822
Basic & diluted average shares	-	77,993,348	-	-
Basic & diluted eps	-0.01	-0.01	-	-
Basic & diluted eps	-0.01	-0.01	-	-