issc: the income statement

MyFinsight

For the quarter ending 2025-06-30, ISSC made $24,144,832 in revenue. $2,443,814 in net income. Net profit margin of 10.12%.

Unit: Dollar

Income Statement	2025-06-30	2025-03-31	2024-12-31	2024-06-30
Total net sales	24,144,832	21,936,214	15,968,729	11,765,635
Service	4,013,807	-	-	-
Product	11,548,790	-	-	-
Total cost of sales	15,562,597	10,668,991	9,358,272	5,485,814
Gross profit	8,582,235	11,267,223	6,610,457	6,279,821
Selling, general and administrative	4,151,074	3,415,675	4,158,903	3,143,334
Research and development	916,829	867,228	1,107,736	1,099,367
Total operating expenses	5,067,903	4,282,903	5,266,639	4,242,701
Operating income	3,514,332	6,984,320	1,343,818	2,037,120
Other income	-	-	6	12,869
Interest income	4,623	4,628	5,250	5,826
Interest expense	407,459	387,318	427,149	172,784
Income before income taxes	3,111,496	6,601,630	921,925	1,883,031
Income tax expense	667,682	1,265,288	185,733	330,511
Net income	2,443,814	5,336,342	736,192	1,552,520

Earnings per share, basic	0.14	0.3	0.04	0.09
Earnings per share, diluted	0.14	0.3	0.04	0.09
Weighted average number of shares outstanding, basic	17,601,814	17,548,844	17,514,193	17,461,652
Weighted average number of shares outstanding, diluted	17,835,748	17,643,994	17,584,037	17,467,259