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Income Statement
Newsmax Inc. (NMAX)
source: myfinsight.com
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Comprehensive loss
-$74,728,844
Unrealized gain on
available for sale debt...
$446,778
Affiliate Fee
$7,343,407
Other
$694,792
Subscription
$3,765,699
Advertising
$26,225,117
Other
$78
Subscription
$3,214,341
Advertising
$3,640,773
Product
$1,555,537
Net loss
-$75,175,622
Interest and dividend
income
$1,802,054
Broadcasting
$38,029,015
Digital
$8,410,729
Net loss before
income taxes
-$75,165,929
Income tax expense
$9,693
Total other income
(expense), net
$1,239,520
Total revenues
$46,439,744
Unrealized (loss) gain on
marketable securities
-$500,736
Interest expense
$7,456
Other, net
-$54,342
Loss from operations
-$76,405,449
Gross profit
$17,641,761
Cost of services and
products sold-Product
$1,039,298
Cost of services and
products sold-Service
$27,758,685
Total general and
administrative expenses
$94,047,210
Rent and utilities
$1,540,453
Advertising costs
$5,941,417
Depreciation
$734,590
Personnel costs
$8,614,761
Other
$4,012,806
Other corporate
matters
$68,437,098
Professional fees
$4,766,085
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