mics: the income statement

MyFinsight

For the quarter ending 2024-06-30, MICS made $2,440K in revenue. -$6,119K in net income. Net profit margin of -250.78%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2024-06-30
Net sales	2,440
Cost of goods sold	2,116
Gross profit	324
Operating lease impairment expense	3,878
General and administrative expenses	2,053
Selling expenses	547
Operating expenses [default label]	6,478
Operating income (loss)	-6,154
Interest expense, debt, excluding amortization	17
Nonoperating income (expense)	-17
Income (loss) from continuing operations before income taxes, noncontrolling interest	-6,171
Income tax (benefit) provision	-52
Net income (loss)	-6,119

Basic eps	-0.95
Diluted eps	-0.95
Basic average shares	6,418,061
Diluted average shares	6,418,061

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2024-06-30
Net sales	2,440
Cost of goods sold	2,116
Gross profit	324
Operating lease impairment expense	3,878
General and administrative expenses	2,053
Selling expenses	547
Operating expenses [default label]	6,478
Operating income (loss)	-6,154
Interest expense, debt, excluding amortization	17
Nonoperating income (expense)	-17
Income (loss) from continuing operations before income taxes, noncontrolling interest	-6,171
Income tax (benefit) provision	-52
Net income (loss)	-6,119

Basic eps	-0.95
Diluted eps	-0.95
Basic average shares	6,418,061
Diluted average shares	6,418,061

mics: the income statement