mibe: the income statement

MyFinsight

For the quarter ending 2025-09-30, MIBE made $105,025 in revenue. -$650,158 in net income. Net profit margin of -619.05%.

Unit: Dollar

Income Statement	2025-09-30	2024-09-30
Total operating expenses	687,375	112,447
Loss from operations	-664,136	-111,295
Interest income	200	-
Interest expense	4,811	-
Gain on extinguishment of debt - related party	104,825	-
Foreign currency transaction gain (loss)	-69,836	232
Total other income (expense), net	30,378	232
Loss before provision for income taxes	-633,758	-
Provision for income taxes	11,731	-
Net loss	-645,489	-111,063
Unrealized foreign currency translation gain (loss)	4,669	-
Comprehensive loss	-650,158	-

Basic weighted average shares outstanding	28,899,000	33,606,966
Diluted weighted average shares outstanding	28,899,000	33,606,966
Net loss per common share basic	-0.02	0
Net loss per common share diluted	-0.02	0