Financial insights of CRMD

MyFinsight

For the quarter ending 2025-03-31, CRMD made $57,008,116 in revenue. -$20,637,808 in net income. Net profit margin of -36.20%.

Unit: Dollar

Income Statement	2025-03-31	2024-09-30	2024-06-30
Selling and marketing	4,473,840	6,748,900	7,386,841
Research and development	3,192,440	727,119	650,988
General and administrative	9,693,382	6,580,834	7,559,277
Total operating expenses	17,359,662	14,056,853	15,597,106
Net sales	39,081,657	11,456,115	806,119
Cost of sales	1,596,715	686,598	509,839
Gross profit (loss)	37,484,942	10,769,517	296,280
Income (loss) from operations	20,125,280	-3,287,336	-15,300,826
Interest expense, operating and nonoperating	-	-	6,556
Interest income	566,797	553,856	-
Other income	-	-	500,000
Interest expense	10,007	10,007	-
Foreign exchange transaction (loss) gain	-38,172	-33,325	-1,473
Interest income, other	-	-	657,366
Other nonoperating income (expense)	-	-	1,149,337
Total other income	518,618	510,524	-
Net income (loss) before income taxes	20,643,898	-2,776,812	-14,151,489
Net income (loss)	20,643,898	-2,776,812	-14,151,489
Other comprehensive income (loss), foreign currency transaction and translation adjustment, net of tax, portion attributable to parent	-	-	240
Unrealized loss from investment	-4,511	5,040	2,030
Other comprehensive income (loss), net of tax	-	3,389	2,270
Foreign currency translation (loss) gain	-1,579	-1,651	-
Total other comprehensive loss	-6,090	-2,773,423	-14,149,219
Other comprehensive income (loss)	-20,637,808	-	-

Basic eps	0.32	-0.05	-0.25
Diluted eps	0.3	-0.05	-0.25
Basic average shares	65,244,341	58,825,221	57,620,974
Diluted average shares	68,975,418	58,825,221	57,620,974