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Net loss
-$10,491,658
(44.29%↑ Y/Y)
Income tax benefit
-$508,796
Cost of sales
$67,686,362
(-10.69%↓ Y/Y)
Gross profit
$15,495,354
(17.88%↑ Y/Y)
Net loss before
income tax benefit
-$11,000,454
(43.61%↑ Y/Y)
Net sales
$83,181,716
(-6.47%↓ Y/Y)
Loss from operations
-$10,354,746
(43.65%↑ Y/Y)
Total other expense,
net
-$645,708
(43.03%↑ Y/Y)
Gross profit
$15,495,354
(17.88%↑ Y/Y)
Other income
$38,540
Interest income
$15,511
Cost of sales
$67,686,362
(-10.69%↓ Y/Y)
Total operating
expenses
$25,850,100
(-17.99%↓ Y/Y)
Interest expense
$604,759
(-39.67%↓ Y/Y)
Financing costs
$95,000
(-27.48%↓ Y/Y)
Selling, general and
administrative expenses
$22,933,052
(-16.96%↓ Y/Y)
Amortization of intangible
assets
$2,271,673
(-6.58%↓ Y/Y)
Depreciation of capitalized
software costs
$645,375
(-56.19%↓ Y/Y)
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Income Statement
source: myfinsight.com
GIFTIFY, INC. (GIFT)
GIFTIFY, INC. (GIFT)