nkla: the income statement

MyFinsight

For the quarter ending 2024-09-30, NKLA made $25,181K in revenue. -$199,781K in net income. Net profit margin of -793.38%.

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

Income Statement	2024-09-30	2024-06-30
Total revenues	25,181	31,319
Cost of revenues	87,124	86,045
Gross loss	-61,943	-54,726
Impairment expense	33,419	-
Selling, general, and administrative	41,629	36,237
Research and development	41,800	40,161
Total operating expenses	116,848	76,398
Loss from operations	-178,791	-131,124
Loss on debt extinguishment	-871	-1,529
Other expense, net	-9,417	3,893
Interest expense, net	-10,875	-3,941
Loss before income taxes and equity in net profit (loss) of affiliates	-199,954	-132,701
Income tax expense	-	92
Loss before equity in net profit (loss) of affiliates	-199,954	-132,793
Equity in net profit (loss) of affiliates	173	-881
Net loss from continuing operations	-199,781	-133,674
Net loss	-199,781	-133,674

Basic eps	-3.89	-2.86
Diluted eps	-3.89	-2.86
Basic average shares	51,388,962	46,699,945
Diluted average shares	51,388,962	46,699,945