devs: the income statement

MyFinsight

For the year ending 2025-07-31, DEVS made $25,794 in revenue. -$12,065,783 in net income. Net profit margin of -46777.48%.

Unit: Dollar

Income Statement	2025-07-31
Revenue	25,794
Cost of sales	10,187
Gross profit	15,607
Sales and marketing	1,000,073
Depreciation	953
General and administrative	964,473
Professional fees	8,447,280
Salaries and wages	1,593,794
Total operating expenses	12,006,573
Interest expense	313,778
Accretion expense	346,424
Change in fair value of derivative liabilities	719,000
Change in fair value of warrant liabilities	1,728,392
Change in fair value of mandatory convertible debentures	70,500
Impairment of carbon credits	1,224,060
Stop-loss provision loss	1,065,235
Equity loss on investment in associate	-512,011
Gain on settlement of debt	899,015
Foreign exchange loss	-31,664
Net loss before income taxes	-12,067,231
Current income tax expense	0
Net loss	-12,067,231
Foreign currency translation	1,448
Net loss and comprehensive loss	-12,065,783

Loss per share - basic (in dollars per share)	-4.79
Loss per share - diluted (in dollars per share)	-4.79
Weighted average number of common shares outstanding - basic (in shares)	2,521,627
Weighted average number of common shares outstanding - diluted (in shares)	2,521,627