For the quarter ending 2024-06-30, MEEC made $3,361,433 in revenue. -$6,159,322 in net income. Net profit margin of -183.24%.
| Income Statement | 2024-06-30 |
|---|---|
| Revenue | 3,361,433 |
| [cost of revenue] | 2,300,833 |
| [gross profit] | 1,060,600 |
| [selling, general and administrative expense] | 4,634,110 |
| [operating expenses] | -4,634,110 |
| [operating income (loss)] | -3,573,510 |
| Loss on change in fair value of profit share and unsecured note | -2,689,436 |
| Interest income | 109,787 |
| Interest expense | 5,817 |
| [other nonoperating income (expense)] | -2,585,466 |
| [income (loss) from continuing operations before income taxes, noncontrolling interest] | -6,158,976 |
| Provision for income taxes | -346 |
| Net loss | -6,159,322 |
null (MEEC)
null (MEEC)