invo: the income statement

MyFinsight

For the quarter ending 2024-06-30, INVO made $1,836,597 in revenue. -$2,245,170 in net income. Net profit margin of -122.25%.

Unit: Dollar

Income Statement	2024-06-30
Operating revenue	1,836,597
Depreciation and amortization	230,338
Selling, general and administrative expenses	2,647,524
Cost of revenue	861,648
Costs and expenses	3,739,510
Operating income (loss)	-1,902,913
Interest expense, nonoperating	369,612
Loss from debt extinguishment	-40,491
Loss from disposal of assets	50,000
Losses from equity method investments	17,846
Nonoperating income (expense)	-342,257
Income (loss) from continuing operations before income taxes, noncontrolling interest	-2,245,170
Net income loss	-2,245,170

Basic eps	-0.62
Diluted eps	-0.62
Basic average shares	3,609,812
Diluted average shares	3,609,812