For the year ending 2025-12-31, KUST made $13,754,155 in revenue. -$6,671,508 in net income. Net profit margin of -48.51%.
| Income Statement | 2025-12-31 | |||
|---|---|---|---|---|
| Total revenue | 13,754,155 | |||
| Product | 6,333,622 | |||
| Service Other | 6,071,478 | |||
| Total cost of revenue | 12,405,100 | |||
| Gross profit | 1,349,055 | |||
| Research and development expense | 551,447 | |||
| Selling, advertising and promotional expense | 721,690 | |||
| General and administrative expense | 8,424,672 | |||
| Goodwill and intangible asset impairment charge | 2,533,667 | |||
| Total selling, general and administrative expenses | 12,231,476 | |||
| Operating loss | -10,882,421 | |||
| 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 | 116,545 | |||
| Interest expense | 1,102,352 | |||
| Other income | 346,024 | |||
| Gain on the extinguishment of liabilities | 2,234,658 | |||
| Change in fair value of warrant derivative liabilities | 3,331,616 | |||
| Total other income (expense) from continuing operations | 4,926,491 | |||
| Loss before income tax benefit (provision) from continuing operations | -5,955,930 | |||
| Income tax expense benefit (provision) | 0 | |||
| Net loss from continuing operations | -5,955,930 | |||
| Income tax expense benefit (provision) | 0 | |||
| Loss from discontinued operations (including impairment charge on disposal of 1,527,634 as of december 31, 2025) | -1,403,094 | |||
| Net loss from discontinued operations | -1,403,094 | |||
| Net loss | -7,359,024 | |||
| Net income attributable to noncontrolling interests | -687,516 | |||
| Net loss attributable to common stockholders | -6,671,508 | |||
| Basic EPS | -17.23 | |||
| Diluted EPS | -17.23 | |||
| Basic Average Shares | 387,144 | |||
| Diluted Average Shares | 387,144 | |||
KUSTOM ENTERTAINMENT, INC. (KUST)
KUSTOM ENTERTAINMENT, INC. (KUST)