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Income Statement
GIFTIFY, INC. (GIFT)
source: myfinsight.com
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Net loss
-$2,589,809
Income tax benefit
-$129,312
Cost of sales
$17,045,106
Gross profit
$3,855,625
Net loss before
income taxes
-$2,719,121
Net sales
$20,900,731
Total other income
(expenses)
-$141,597
Loss from operations
-$2,577,524
Interest income
$1,777
Gross profit
$3,855,625
Cost of sales
$17,045,106
Interest expense
$143,374
Total operating
expenses
$6,433,149
Amortization of intangible
assets
$557,062
Amortization of capitalized
software costs
$161,544
Selling, general and
administrative expenses
$5,714,543
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