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gift: the income statement
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Net loss
-$2,437,462
Income tax benefit
-$144,860
Gross profit
$3,747,541
Cost of sales
$15,036,367
Net loss before
income taxes
-$2,582,322
Net sales
$18,783,908
Total other income
(expenses)
-$94,654
Loss from operations
-$2,487,668
Other income
$38,540
Interest income
$1,811
Gross profit
$3,747,541
Cost of sales
$15,036,367
Interest expense
$135,005
Total operating
expenses
$6,235,209
Amortization of intangible
assets
$585,349
Amortization of capitalized
software costs
$160,745
Selling, general and
administrative expenses
$5,489,115
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Income Statement
source: myfinsight.com
GIFTIFY, INC. (GIFT)
GIFTIFY, INC. (GIFT)