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Income Statement
ECD Automotive Design, Inc. (ECDAW)
source: myfinsight.com
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Net loss
-$4,270,294
Total revenues,
net-Builds
$6,910,684
Total revenues,
net-Warranty And Other
$105,208
Loss before income
taxes
-$4,270,294
Revenue, net
$7,015,892
Total other expense,
net
-$1,656,773
Loss from operations
-$2,613,521
Change in fair value of
conversion option...
-$88,510
Gain on conversion of
debt to preferred...
$433,881
Gross profit
$1,388,444
Resale commissions
income
$16,680
Change in fair value of
warrant liabilities
-$42,744
Cost of goods sold
(exclusive of depreciation...
$5,627,448
Foreign exchange loss
-$15,338
Interest expense
$2,105,348
Total operating
expenses
$4,001,965
Other income
(expense), net
-$117,902
Depreciation and
amortization expenses
$25,757
General and
administrative expenses
$3,674,492
Advertising and marketing
expenses
$281,503
Provision for credit
losses
$20,213
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