nxliw: the income statement

MyFinsight

For the year ending 2024-12-31, NXLIW made $8,196,573 in revenue. -$7,607,290 in net income. Net profit margin of -92.81%.

Unit: Dollar

Income Statement	2024-12-31
Provision for income taxes	0
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
Professional fees	966,815
Salaries and benefits	1,500,089
Selling, general and administrative	4,228,986
Research and development	1,190,884
Total operating expenses	7,886,774
Loss from operations	-7,754,646
Gain on extinguishment of debt	0
Interest income (expense), net	-3,193
Gain on sale of short-term investments	130,110
Other income	9,310
Total other income (expense), net	142,613
Loss before provision for income taxes	-7,612,033
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