For the year ending 2025-12-31, LIMX made $946,563 in revenue. -$19,185,699 in net income. Net profit margin of -2026.88%.
| Income Statement | 2025-12-31 | 2023-12-31 | ||
|---|---|---|---|---|
| Total net revenue | 946,563 | 15,499,495 | ||
| Cost of revenue | 233,581 | - | ||
| Total cost of sales | 233,581 | 4,672,408 | ||
| Gross profit | 712,982 | 10,827,087 | ||
| Cost of revenue | - | -416,140 | ||
| Merchant fees | - | 0 | ||
| Amount of transaction fees | - | 0 | ||
| Consulting fees related party | - | 10,000 | ||
| Bad debt expense | - | 1,588,098 | ||
| Rent expense | - | 159,216 | ||
| General and administrative | 1,559,242 | 1,069,338 | ||
| Payroll and payroll taxes | - | 2,880,398 | ||
| Salaries and compensation | 2,215,221 | - | ||
| Consulting fees | - | 1,514,516 | ||
| Advertising and marketing | 544,777 | 9,944,457 | ||
| Stock compensation expense | 5,498,021 | 141,020 | ||
| Total operating expenses | 9,817,261 | 17,166,023 | ||
| Loss from operations | -9,104,279 | -6,338,936 | ||
| Lossondebtsettlement | - | 6,624,457 | ||
| Other nonoperating expense | - | 30,000 | ||
| Gain on disposal of assets | 0 | - | ||
| Other income | - | 17,056 | ||
| Other expense | 0 | - | ||
| Interest expense | 954,668 | 897,287 | ||
| Other income (expense) | 36,186 | - | ||
| Loss on settlement | 636,705 | - | ||
| Gain (loss) on debt settlement | -35,458,137 | - | ||
| Total other income (expense), net | -37,013,324 | -7,534,688 | ||
| Net loss from operations | - | -13,873,624 | ||
| Income (loss) from discontinued operations | - | -1,854 | ||
| Loss before income tax provision | -46,117,603 | -13,875,478 | ||
| Income tax provision | 0 | - | ||
| Net Income Loss | -46,117,603 | -13,875,478 | ||
| Dividends accrued during the period | 539,444 | - | ||
| Dividends forgiven during the period | 539,444 | - | ||
| Deemed dividends during the period related to extinguishment of related party preferred stock c from mezzanine to equity | -26,931,904 | - | ||
| Net loss allocable to common shareholders | -19,185,699 | - | ||
| Basic EPS | -1.23 | -3.51 | ||
| Diluted EPS | -1.23 | -3.51 | ||
| Basic Average Shares | 15,415,997 | 3,957,486 | ||
| Diluted Average Shares | 15,415,997 | 3,957,486 | ||
Limitless X Holdings Inc. (LIMX)
Limitless X Holdings Inc. (LIMX)