For the quarter ending 2025-06-30.
| Income Statement | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|
| Revenue | 0 | - | 47,499* | 5,426 |
| Cost of goods sold | 239,040 | - | 4,601,454* | 286,028 |
| Gross loss | -239,040 | - | -4,553,955* | -280,602 |
| Sales and marketing | 0 | - | 238,011* | 216,605 |
| Research and development | 349,951 | 307,730 | 537,187.5* | 14,776 |
| Loss on impairment of long-lived assets | - | - | 414,958.75* | - |
| General and administrative | 1,199,323 | 1,665,822 | 4,065,865.75* | 1,414,026 |
| Total operating expenses | 1,549,274 | 1,973,552 | 5,256,023* | 1,645,407 |
| Loss from operations | -1,788,314 | -1,973,552 | -9,809,978* | -1,926,009 |
| Legal settlement | - | - | 274,055.5* | - |
| Other income (expense), net | 25,000 | 41,368 | 961,938* | -468,978 |
| Unrealized gain (loss) on marketable securities | -7,457 | -71,707 | -190,082* | -240,743 |
| Realized gain on marketable securities | 94,492 | 211,062 | 366,533.5* | 562,627 |
| Interest income | 7,961 | 26,240 | 139,884.5* | 89,060 |
| Change in fair value - warrant liability | 13,254,700 | -1,080,600 | 2,447,291.25* | -126,600 |
| Change in fair value - derivative liability | 1,130,000 | 1,531,000 | -800,000* | 2,408,000 |
| Vendor settlement | - | - | 161,958.25* | - |
| Consent and waiver fee series h-7 | 350,000 | - | - | - |
| Total other income (expense), net | -12,354,704 | 2,818,563 | -2,405,031* | 2,476,566 |
| Net income (loss) prior to provision for income taxes | -14,143,018 | 845,011 | -12,215,009* | 550,557 |
| Provision for income taxes | 0 | - | 0* | - |
| Net income (loss) | -14,143,018 | 845,011 | -12,215,009* | 550,557 |
| Accretion of discounts to redemption value of series h-7 convertible preferred stock | 1,562,047 | 1,686,854 | -3,734,213* | -1,506,979 |
| Dividends earned on series h-7 convertible preferred stock | 870,461 | 833,733 | 493,869* | 741,172 |
| Net income (loss) attributable to common stockholders | -16,575,526 | -1,675,576 | -16,443,091 | -1,697,594 |
| Basic EPS | -29.87 | -0.2 | -2.726 | -0.25 |
| Diluted EPS | -29.87 | -0.2 | -2.665 | -0.25 |
| Basic Average Shares | 554,989 | 8,541,466 | 6,032,358 | 6,863,234 |
| Diluted Average Shares | 554,989 | 8,541,466 | 6,170,439* | 6,863,234 |
AYRO, Inc. (AYRO)
AYRO, Inc. (AYRO)