For the quarter ending 2026-03-31, KUST made $4,314,236 in revenue. -$5,885,315 in net income. Net profit margin of -136.42%.
| Income Statement | 2026-03-31 | 2025-12-31 | ||
|---|---|---|---|---|
| Total revenue | 4,314,236 | 3,438,538.75* | ||
| Product | 782,248 | 1,583,405.5* | ||
| Service Other | 2,927,941 | 1,517,869.5* | ||
| Total cost of revenue | 3,710,189 | 3,101,275* | ||
| Gross profit | 604,047 | 337,263.75* | ||
| Research and development expense | 143,089 | 137,861.75* | ||
| Selling, advertising and promotional expense | 274,411 | 180,422.5* | ||
| General and administrative expense | 1,483,534 | 2,106,168* | ||
| Goodwill and intangible asset impairment charge | - | 633,416.75* | ||
| Total selling, general and administrative expenses | 1,901,034 | 3,057,869* | ||
| Operating loss | -1,296,987 | -2,720,605.25* | ||
| Loss on litigation | - | 0* | ||
| Loss on extinguishment of debt | - | 0* | ||
| Gain on sale of property, plant and equipment | - | 0* | ||
| Loss on disposal of intangibles | - | 0* | ||
| Interest income | 76,806 | 29,136.25* | ||
| Interest expense | 67,450 | 275,588* | ||
| Other income | - | 86,506* | ||
| Change in fair value of derivative liabilities | -289,355 | 832,904* | ||
| Gain on extinguishment of liabilities | 63,259 | 558,664.5* | ||
| Total other income (expense) from continuing operations | -216,740 | 1,231,622.75* | ||
| Income (loss) before income tax benefit (provision) from continuing operations | -1,513,727 | -1,488,982.5* | ||
| Income tax expense benefit (provision) | - | 0* | ||
| Net income (loss) from continuing operations | -1,513,727 | -1,488,982.5* | ||
| Income tax expense benefit (provision) | - | 0* | ||
| Income (loss) from discontinued operations | -4,371,588 | -350,773.5* | ||
| Net income (loss) from discontinued operations | -4,371,588 | -350,773.5* | ||
| Net income (loss) | -5,885,315 | -1,839,756* | ||
| Net income attributable to noncontrolling interests | - | -171,879* | ||
| Net loss attributable to common stockholders | - | -1,667,877 | ||
| Net income (loss) attributable to common stockholders | -5,885,315 | - | ||
| Basic EPS | -13.39 | -4.308 | ||
| Diluted EPS | -13.39 | -4.308 | ||
| Basic Average Shares | 439,556 | 387,144 | ||
| Diluted Average Shares | 439,556 | 387,144 | ||
KUSTOM ENTERTAINMENT, INC. (KUST)
KUSTOM ENTERTAINMENT, INC. (KUST)