bnai: the income statement

MyFinsight

Brand Engagement Network Inc. (BNAI)

For the year ending 2024-12-31, BNAI made $99,790 in revenue. -$33,715,429 in net income. Net profit margin of -33786.38%.

Unit: Dollar

	2024-12-31
Revenues	99,790
Gross profit	99,790
Research and development	1,127,779
Impairment of intangible assets, finite-lived	13,475,000
General and administrative	19,242,571
Depreciation and amortization	2,728,411
Total operating expenses	36,573,761
Loss from operations	-36,473,971
Other	17,162
Interest income	3,328
Interest expense	202,945
Gain on debt extinguishment	1,946,310
Change in fair value of warrant liabilities	-994,687
Other income (expenses), net	2,758,542
Loss before income taxes	-33,715,429
Income taxes	-
Net loss	-33,715,429

Basic eps	-1.02
Diluted eps	-1.02
Basic average shares	32,908,326
Diluted average shares	32,908,326

Unit: Dollar