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For the quarter ending 2025-09-30, LUDG made -$257.222K in revenue. $31.252K in net income. Net profit margin of -12.15%.

Income Overview

Revenue
-$257.222K
Net Income
$31.252K
Net Profit Margin
-12.15%
Unit: Thousand (K) dollars
Revenue Breakdown
    • Change in fair value of derivati...
    • General and administration expen...
    • Research and development
    • Interest income

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
Income Statement
2025-09-30
2025-06-30
2025-03-31
2024-12-31
General and administration expenses
291.046 509.566 450.687 327
Research and development
80.318 76.056 74.234 -2
Total operating expenses
371.364 585.622 524.921 325
Revenues
0 0 -93
Net loss from operations
-371.364 -585.622 -524.921 -232
Interest income
2 2 2 -
Interest expense
32.643 6.205 --
Change in fair value of derivative liability
-630.586 -172.729 --
Amortization of debt discount
197.327 115.129 --
Other income
0 0 2.333 -
Inducement expense
0 0 -209
Interest expense
--20.355 14
Finance expense
0 0 -127
Amortization of debt discount
---4
Loss on extinguishment of debt
0 -117.217 --
Total other income (expense)
402.616 -63.822 -16.022 -438
Net income (loss) before taxes
31.252 -649.444 -540.943 -901
Income tax benefit
0 0 -138
Income (loss) from continuing operations
31.252 -649.444 -540.943 -763
Loss from discontinued operation, net of tax
0 0 -9
Net income (loss)
31.252 -649.444 -540.943 -883
Basic income (loss) per common share (in dollars per share)
0 0 0 -0.005
Diluted loss per common share (in dollars per share)
0 0 0 -0.005
Weighted average number of common shares outstanding, basic (in shares)
161,961,111 161,569,807 161,182,240 -
Weighted average number of common shares outstanding, diluted (in shares)
861,961,111 161,569,807 161,182,240 -79,880,692.5
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

DownloadDownload image
Change in fair value ofderivative liability-$630.586K Interest income$2K Total other income(expense)$402.616K Amortization of debt discount$197.327K Interest expense$32.643K Net income (loss)before taxes$31.252K Net loss fromoperations-$371.364K Income (loss) fromcontinuing operations$31.252K Total operatingexpenses$371.364K Net income (loss)$31.252K Research and development$80.318K General andadministration expenses$291.046K

LUDWIG ENTERPRISES, INC. (LUDG)

LUDWIG ENTERPRISES, INC. (LUDG)