nvts: the income statement

MyFinsight

For the quarter ending 2025-09-30, NVTS made $10,112K in revenue. -$19,234K in net income. Net profit margin of -190.21%.

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

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Net revenues	10,112	14,490	14,018	21,681
Cost of revenues (exclusive of amortization of intangible assets included below)	6,281	12,162	8,711	13,069
Research and development	13,280	11,496	12,668	17,828
Selling, general and administrative	5,230	7,751	11,740	15,040
Amortization of intangible assets	4,735	4,734	4,734	4,717
Restructuring expense	0	0	1,469	-
Total operating expenses	23,245	23,981	30,611	37,585
Loss from operations	-19,414	-21,653	-25,304	-28,973
Interest income (expense), net	401	131	-38	-39
Dividend income	985	647	744	1,210
(loss) gain from change in fair value of earnout liabilities	-844	-27,964	8,113	9,171
Other income (expense), net	-59	37	18	26
Total other income (expense), net	483	-27,149	8,837	10,368
Loss before income taxes	-18,931	-48,802	-16,467	-18,605
Income tax provision (benefit)	-19	48	82	125
Equity method investment loss	-322	-225	-280	-
Net loss	-19,234	-49,075	-16,829	-18,730
Less net loss attributable to noncontrolling interests	-	-	-	0
Net income (loss) attributable to controlling interests	-	-	-	-18,730

Basic common shares (in shares)	212,681,000	198,956,000	187,784,000	184,672,000
Basic net income (loss) per share attributable to common stockholders (in dollars per share)	-0.09	-0.25	-0.09	-0.1
Diluted common shares (in shares)	212,681,000	198,956,000	187,784,000	184,672,000
Diluted net income (loss) per share attributable to common stockholders (in dollars per share)	-0.09	-0.25	-0.09	-0.1