For the quarter ending 2025-09-30, NWTG made $2,582,000 in revenue. -$1,580,000 in net income. Net profit margin of -61.19%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Net sales | 2,582,000 | 2,068,000 | 1,210,000 | 861,250 |
| Cost of goods sold | 848,000 | 669,000 | 358,000 | 292,750 |
| Gross profit | 1,734,000 | 1,399,000 | 852,000 | 568,500 |
| Selling, general and administrative expenses | 3,056,000 | 2,763,000 | 2,541,000 | 1,627,250 |
| Research and development | 182,000 | 143,000 | 282,000 | 185,750 |
| Total operating expenses | 3,238,000 | 2,906,000 | 2,823,000 | 1,813,000 |
| Loss from operations | -1,504,000 | -1,507,000 | -1,971,000 | -1,244,500 |
| Financing costs | - | - | - | 1,728,250 |
| Interest income, net | 20,000 | 29,000 | 45,000 | 40,250 |
| Change in fair value of warrant liabilities | 96,000 | 42,000 | -1,401,000 | 5,500 |
| Net loss | -1,580,000 | -1,520,000 | -525,000 | -2,938,000 |
| Loss per share - basic | -0.34 | -0.34 | -0.55 | -44.583 |
| Loss per share - diluted | -0.34 | -0.34 | -0.55 | -44.583 |
| Weighted average number of shares outstanding - basic | 4,602,070 | 4,509,619 | 953,959 | 16,474.75 |
| Weighted average number of shares outstanding - diluted | 4,602,070 | 4,509,619 | 953,959 | 16,474.75 |
Newton Golf Company, Inc. (NWTG)
Newton Golf Company, Inc. (NWTG)