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Gain on conversion of
debt to preferred...
$10,479,055
Resale commissions
income
$39,375
Change in fair value of
conversion option...
$1,203
Total other income
(expense), net
$7,323,928
Interest expense
$3,082,464
Other income
(expense), net
-$73,250
Change in fair value of
warrant liabilities
$27,636
Foreign exchange loss
-$12,355
Income (loss) before
income taxes
$2,232,855
Loss from operations
-$5,091,073
Builds
$5,529,530
Warranty And Other
$253,652
Net income (loss)
attributable to parent
$2,232,855
Foreign currency
translation gain (loss)
$1,665
Total operating
expenses
$3,420,068
Gross profit (loss)
-$1,671,005
Revenue, net
$5,783,182
Comprehensive income (loss)
$2,234,520
General and
administrative expenses
$3,212,259
Advertising and marketing
expenses
$168,925
Depreciation and
amortization expenses
$25,856
Provision for credit
losses
$13,028
Cost of goods sold
(exclusive of depreciation...
$7,454,187
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Income Statement
source: myfinsight.com
ECD Automotive Design, Inc. (ECDAW)
ECD Automotive Design, Inc. (ECDAW)