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Net loss
-$6,986,306
(35.03%↑ Y/Y)
Product
$22,344,040
Royalty And
Nonrecurring Engineering
$386,371
Income before income
taxes
-$6,973,971
Income tax expense
$12,335
Revenues
$22,730,411
(13.00%↑ Y/Y)
Operating loss
-$4,660,524
(46.82%↑ Y/Y)
Total other expenses,
net
-$2,313,447
(-16.26%↓ Y/Y)
Gross profit
$14,850,651
(15.90%↑ Y/Y)
Interest income
$186,390
(13.84%↑ Y/Y)
Direct product costs
$7,879,760
(7.91%↑ Y/Y)
Total operating
expenses
$19,511,175
(-9.57%↓ Y/Y)
Change in fair value of
warrant liabilities
$1,508,900
(168.65%↑ Y/Y)
Interest expense
$985,995
(-69.83%↓ Y/Y)
Other income
(expenses)
-$4,942
(-101.76%↓ Y/Y)
Research and development
$8,553,485
(-11.88%↓ Y/Y)
Sales and marketing
$6,427,718
(2.82%↑ Y/Y)
General and
administrative
$4,529,972
(-19.37%↓ Y/Y)
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Income Statement
source: myfinsight.com
Guerrilla RF, Inc. (GUER)
Guerrilla RF, Inc. (GUER)