gceh: the income statement

MyFinsight

For the quarter ending 2024-09-30, GCEH made $535K in revenue. -$76,039K in net income. Net profit margin of -14212.90%.

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

Income Statement	2024-09-30	2024-06-30
Revenue	535	1,994
Cost of goods sold	11,495	2,566
Gross loss	-10,960	-572
Amortization expense	366	266
Depreciation expense	9,784	416
Facilities expense	13,852	8,034
General and administrative expense	15,591	17,754
Total operating expenses	39,593	26,470
Operating loss	-50,553	-27,042
Gain on extinguishment of debt	-	163,566
Other income (loss)	223	597
Change in fair value of class b units	-1,740	1,290
Interest expense, net	27,449	1,476
Income (loss) before income taxes	-76,039	134,355
Net income (loss)	-76,039	134,355
Less: accretion of dividends on preferred stock	-	14,318
Add: deemed contribution in connection with cancellation of preferred stock to senior lenders	-	5,130
Add: series c preferred shares cancelled upon settlement	-	130,542
Net income (loss) available to common stockholders	-76,039	255,709

Basic eps	-1.52	5.1
Diluted eps	-1.52	2.87
Basic average shares	50,182,233	50,182,233
Diluted average shares	50,182,233	89,239,840