For the quarter ending 2024-09-30, ME made $44,071K in revenue. -$59,103K in net income. Net profit margin of -134.11%.
| Income Statement | 2024-09-30 | 2024-06-30 | ||
|---|---|---|---|---|
| Total revenue | 44,071 | 40,414 | ||
| Total cost of revenue | 21,664 | 19,900 | ||
| Gross profit | 22,407 | 20,514 | ||
| Restructuring and other charges | 2,242 | - | ||
| General and administrative | 23,418 | 32,360 | ||
| Sales and marketing | 16,874 | 15,472 | ||
| Research and development (includes related party expenses of (386) and 4,907 for the three months ended september30, 2024 and 2023, respectively, and 185 and 8,208 for the six months ended september30, 2024 and 2023, respectively) | 41,041 | 44,637 | ||
| Total operating expenses | 83,575 | 92,469 | ||
| Loss from operations | -61,168 | -71,955 | ||
| Other income (expense), net | 15 | -19 | ||
| Interest income, net | 2,009 | 2,574 | ||
| Loss before income taxes | -59,144 | -69,400 | ||
| Provision for (benefit from) income taxes | -41 | - | ||
| Net loss | -59,103 | -69,400 | ||
| Total comprehensive loss | -59,103 | -69,400 | ||
| Basic average shares | 25,519,658 | 495,892,915 | ||
| Diluted average shares | 25,519,658 | 495,892,915 | ||
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