For the quarter ending 2025-09-30, GCTS made $430,000 in revenue. -$13,849,000 in net income. Net profit margin of -3220.70%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Total net revenues | 430,000 | 1,182,000 | 496,000 | 2,172,666.667 |
| Product | 1,419,000 | 582,000 | - | - |
| Service | 61,000 | 222,000 | - | - |
| Total cost of net revenues | 1,480,000 | 804,000 | 408,000 | 1,022,666.667 |
| Gross profit (loss) | -1,050,000 | 378,000 | 88,000 | 1,150,000 |
| Research and development | 3,258,000 | 3,514,000 | 4,096,000 | 4,373,000 |
| Loss on impairment of long-lived assets | - | - | - | 196,750 |
| Sales and marketing | 1,048,000 | 1,021,000 | 1,118,000 | 990,333.333 |
| General and administrative | 3,898,000 | 3,435,000 | 2,614,000 | 2,806,333.333 |
| Gain on extinguishment of liability | 0 | 0 | - | 2,504,916.667 |
| Total operating expenses | 8,204,000 | 7,970,000 | 7,828,000 | 3,553,333.333 |
| Loss from operations | -9,254,000 | -7,592,000 | -7,740,000 | -2,403,333.333 |
| Interest expense | 1,783,000 | 1,532,000 | 1,070,000 | 1,066,666.667 |
| Gain (loss) on foreign currency transactions, net | 1,320,000 | -3,217,000 | 21,000 | - |
| Gain on foreign currency transactions, net | - | - | - | 1,172,500 |
| Change in fair value of common stock forward liability | 16,000 | 0 | 295,000 | - |
| Change in fair value of common stock warrant liabilities | 3,812,000 | 1,010,000 | -1,649,000 | -552,000 |
| Loss from initial recognition of common stock forward liability | - | - | - | 146,500 |
| Change in fair value of convertible promissory notes | 164,000 | 157,000 | 19,000 | 771,000 |
| Other income (expenses), net | 6,000 | 9,000 | 1,000 | 231,333.333 |
| Loss before provision for income taxes | -13,671,000 | -13,499,000 | -6,863,000 | -1,624,666.667 |
| Provision for income taxes | 178,000 | 39,000 | 105,000 | 128,000 |
| Net loss | -13,849,000 | -13,538,000 | -6,968,000 | -1,752,666.667 |
| Net loss per common share - basic | -0.25 | -0.26 | -0.15 | -0.047 |
| Net loss per common share - diluted | -0.25 | -0.26 | -0.15 | -0.047 |
| Weighted average number of common shares used in computing net loss per common share - basic | 55,462,000 | 51,703,000 | 47,606,000 | -1,671,666.667 |
| Weighted average number of common shares used in computing net loss per common share - diluted | 55,462,000 | 51,703,000 | 47,606,000 | -1,671,666.667 |
GCT Semiconductor Holding, Inc. (GCTS)
GCT Semiconductor Holding, Inc. (GCTS)