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Net income (loss)
-$45,094
(96.21%↑ Y/Y)
Other
income/(expense), net
$4,053
(414.92%↑ Y/Y)
Interest expense
-$932
Income before income
taxes
-$45,094
Total other income and
expenses
$4,985
(394.27%↑ Y/Y)
Revenue
$2,173,273
(-30.97%↓ Y/Y)
Operating (loss)
-$50,079
(95.78%↑ Y/Y)
Gross profit
$709,037
(-0.05%↓ Y/Y)
Cost of revenue
$1,464,236
(-39.97%↓ Y/Y)
Total operating
expenses
$759,116
(-59.97%↓ Y/Y)
Taxes and insurance
$19,743
(-78.86%↓ Y/Y)
Application development
costs
$235,855
Marketing and advertising
$1,201
(-95.12%↓ Y/Y)
General and
administrative
$95,329
(76.52%↑ Y/Y)
Depreciation and
amortization
$782
(-68.07%↓ Y/Y)
Utilities and facilities
$42,294
(-15.90%↓ Y/Y)
Professional and other
expenses
$140,428
(48.70%↑ Y/Y)
Operating and maintenance
$2,833
(140.29%↑ Y/Y)
Payroll and related
expenses
$220,651
(-83.24%↓ Y/Y)
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Income Statement
source: myfinsight.com
ktel: the income statement
KonaTel, Inc. (KTEL)
KonaTel, Inc. (KTEL)