Financial insights of FORD

MyFinsight

For the quarter ending 2025-06-30, FORD made $2,494,769 in revenue. -$860,300 in net income. Net profit margin of -34.48%.

Unit: Dollar

Income Statement	2025-06-30	2025-03-31	2024-12-31	2024-06-30
Revenues, net	2,494,769	3,122,933	6,615,607	7,886,726
Cost of sales - related party	-	-	1,623,126	2,552,274
Cost of sales	-	-	3,491,428	3,728,562
Cost of sales	3,115,727	3,301,694	5,114,554	6,280,836
Gross profit/(loss)	-620,958	-178,761	1,501,053	1,605,890
Sales and marketing expenses	139,683	147,855	304,719	349,644
Goodwill impairment	0	-	225,000	-
General and administrative expenses	1,799,140	1,495,142	1,679,654	1,637,825
Operating loss	-2,559,781	-1,821,758	-708,320	-381,579
Other (income)/expense, net	340	-1,562	-3,372	-1,218
Interest expense - related party	12,099	11,836	11,967	14,451
Interest income	6,964	12,947	15,594	20,181
Gain on change in fair value of warrant liability	160,223	-	-	-
Loss from continuing operations before income taxes	-2,404,353	-1,822,209	-708,065	-377,067
Provision for income taxes	0	-	-	-
Loss from continuing operations	-2,404,353	-1,822,209	-708,065	-377,067
Income from discontinued operations, net of tax	1,554,331	370,598	-	-22,518
Net loss	-850,022	-1,451,611	-708,065	-399,585
Deemed dividend on series b convertible preferred stock	10,278	-	-	-
Net loss attributable to common shareholders	-860,300	-	-	-

Basic	1,113,670	1,101,069	1,101,069	1,101,069
Basic loss per share	-0.77	-1.32	-0.64	-0.36
Diluted	1,113,670	1,101,069	1,101,069	1,101,069
Diluted loss per share	-0.77	-1.32	-0.64	-0.36