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Revenue
$97,207,466
Gross profit
$94,707,466
Interest income
$1,068,577
Other income, net
$24,184
Cost of sales
$2,500,000
Operating income (loss)
$85,737,657
Total other income
$1,092,761
Total operating
expenses
$8,969,809
Income (loss) from
operations before income...
$86,830,418
General and
administrative expenses
$6,362,672
Research and development
expenses
$1,918,812
Employment expenses
$688,325
Net income (loss)
$68,888,442
Provision for income taxes
$17,941,976
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Income Statement
source: myfinsight.com
Independence Power Holdings, Inc. (ITXP)
Independence Power Holdings, Inc. (ITXP)