| Income Statement | 2025-06-30 | |||
|---|---|---|---|---|
| Revenue, net | 7,015,892 | |||
| Cost of goods sold (exclusive of depreciation expense shown below) | 5,627,448 | |||
| Gross profit | 1,388,444 | |||
| Provision for credit losses | 20,213 | |||
| Advertising and marketing expenses | 281,503 | |||
| General and administrative expenses | 3,674,492 | |||
| Depreciation and amortization expenses | 25,757 | |||
| Total operating expenses | 4,001,965 | |||
| Loss from operations | -2,613,521 | |||
| Interest expense | 2,105,348 | |||
| Other income (expense), net | -117,902 | |||
| Foreign exchange loss | -15,338 | |||
| Change in fair value of warrant liabilities | -42,744 | |||
| Resale commissions income | 16,680 | |||
| Gain on conversion of debt to preferred stock | 433,881 | |||
| Change in fair value of conversion option liabilities | -88,510 | |||
| Total other expense, net | -1,656,773 | |||
| Loss before income taxes | -4,270,294 | |||
| Income tax benefit (expense) | 0 | |||
| Net loss | -4,270,294 | |||
| Net income (loss) per common share, basic (in dollars per share) | -0.11 | |||
| Net income (loss) per common share, diluted (in dollars per share) | -0.11 | |||
| Weighted average number of common shares outstanding, basic (in shares) | 37,222,427 | |||
| Weighted average number of common shares outstanding, diluted (in shares) | 37,222,427 | |||
ECD Automotive Design, Inc. (ECDAW)
ECD Automotive Design, Inc. (ECDAW)