| Income Statement | 2025-06-30 | 2025-03-31 | 2024-06-30 | |
|---|---|---|---|---|
| Gain/(loss) on extinguishment of debt | - | - | -690,346 | |
| Loss on exchange of warrants | - | -57,770,454 | - | |
| Other financing costs - eloc commitment fee | - | - | 6,000,000 | |
| Other financing costs - initial recognition of warrants | - | 21,105,570 | - | |
| Total other income (expense) | - | 11,909,483 | -29,856,459 | |
| Net loss before income tax benefit | - | -53,880,314 | -91,627,413 | |
| Income tax benefit/ (provision) | - | 600 | 1,200 | |
| Net loss | - | -53,880,914 | -91,628,613 | |
| Changes due to net losses of the subsidiary | - | -6,805,023 | -4,267,796 | |
| Net loss attributable to common stockholders | -129,724,816 | -47,075,891 | -87,360,817 | |
| Less fair value of common stock issued to avoid fractional shares on reverse stock split (see note 1 - description of business and basis of presentation) | -71,982 | - | - | |
| Less financial result from exchange of series c p/s for series e p/s | 0 | - | - | |
| Waived/(accrued) accumulated preferred dividends and other capital transactions with preferred stockholders | - | 25,310 | 8,627,095 | |
| Less preferred stock dividends accrued | 26,785 | - | - | |
| Net loss used in computing basic net loss per share of common stock | -129,823,583 | -47,101,201 | -95,987,912 | |
| Diluted eps | - | - | -7.91 | |
| Diluted average shares | - | - | 12,134,899 | |
| Net loss per share (in dollars per share) | -11,231.39 | -489.24 | -7.91 | |
| Weighted average shares outstanding, basic and diluted (in shares) | 11,559 | 96,275 | 12,134,899 | |
BOLLINGER INNOVATIONS, INC. (MULN)
BOLLINGER INNOVATIONS, INC. (MULN)