ctcx: the income statement

MyFinsight

For the quarter ending 2024-09-30, CTCX made $1,469,132 in revenue. -$2,878,481 in net income. Net profit margin of -195.93%.

Unit: Dollar

Income Statement	2024-09-30
Gain on sale of discontinued operations	0
Net sales	20,519
Cost of goods and services sold, total	4,840
Gross profit	15,679
Depreciation and amortization of intangible assets	17,978
General and administrative	965,622
Research and development	331,806
Sales and marketing expenses	120,062
Total operating expenses	1,435,468
Loss from operations	-1,419,789
Interest expense on convertible debt	7,123
Loss on forward purchase agreement	1,420,137
Loss on lease termination	-44,577
Other nonoperating income (expense), total	13,145
Total other income (expense)	-1,458,692
Loss from continuing operations before provision for income taxes	-2,878,481
Loss from continuing operations	-2,878,481
Net loss	-2,878,481
Net loss attributable to common stockholders	-2,878,481

Basic eps	-0.14
Diluted eps	-0.14
Basic average shares	20,905,407
Diluted average shares	20,905,407