nxliw: the income statement

MyFinsight

For the year ending 2024-12-31, NXLIW made $168,721 in revenue. -$7,607,290 in net income. Net profit margin of -4508.80%.

Unit: Dollar

Income Statement	2024-12-31
Revenues, net (includes related party of 6,180 and 3,614 for the year ended december 31, 2024 and december 31, 2023, respectively)	168,721
Cost of revenues	-36,593
Gross profit	132,128
Selling, general and administrative	4,228,986
Research and development	1,190,884
Professional fees	966,815
Salaries and benefits	1,500,089
Total operating expenses	-7,886,774
Loss from operations	-7,754,646
Other income	9,310
Interest income (expense), net	3,193
Gain on extinguishment of debt	-
Gain on sale of short-term investments	130,110
Total other income (expense), net	142,613
Loss before provision for income taxes	-7,612,033
Provision for income taxes	-
Loss before equity in net earnings of affiliate	-7,612,033
Equity in net earnings of affiliate	4,851
Net loss	-7,607,182
Unrealized loss from short-term investments	-108
Comprehensive loss	-7,607,290

Net loss per share attributable to common stockholders - basic	-0.83
Net loss per share attributable to common stockholders - diluted	-0.83
Weighted average shares outstanding - basic	9,215,772
Weighted average shares outstanding - diluted	9,215,772

Unit: Dollar