fly: the income statement

MyFinsight

For the quarter ending 2025-09-30, FLY made $30,778K in revenue. -$140,362K in net income. Net profit margin of -456.05%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30
Revenue	30,778	15,549
Cost of sales	22,288	11,554
Gross profit	8,490	3,995
Research and development	48,763	45,774
Selling, general and administrative	21,920	12,571
Loss on disposal of fixed assets	0	0
Total operating expenses	70,683	58,345
Loss from operations	-62,193	-54,350
Change in fair value of warrant liability	42,150	-
Loss on extinguishment of debt	-30,400	-
Interest income (expense), net	1,334	-5,237
Other (expense) income, net	-3	-4,191
Total other expense, net	-71,219	-9,428
Loss before provision for income taxes	-133,412	-63,778
Provision for income taxes	0	0
Net loss and comprehensive loss	-133,412	-63,778
Less accretion of dividends-Series CPreferred Stock	2,298	5,363
Less accretion of dividends-Series D-1Preferred Stock	4,524	10,856
Less accretion of dividends-Series D-3Preferred Stock	128	266
Net loss available to common stockholders, diluted	-140,362	-80,263

Diluted	-1.5	-5.78
Earnings per share, basic	-1.5	-5.78
Weighted average number of shares outstanding, basic	93,849,000	13,877,000
Weighted average number of shares outstanding, diluted	93,849,000	13,877,000