orgs: the income statement

MyFinsight

For the quarter ending 2024-09-30, ORGS made $347K in revenue. -$9,120K in net income. Net profit margin of -2628.24%.

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

Income Statement	2024-09-30	2024-06-30
Revenue earned	347	246
Cost of revenues	585	538
Gross profit	-238	-292
Impairment expenses on property, plant and equipment	692	-
Selling, general and administrative expenses including credit losses of 2,725 for the nine months ended september 30, 2024 and 0 for the three months ended september 30, 2024 and 24,367 for the nine months ended september 30, 2023 and 0 for the three months ended september 30, 2023	2,664	2,061
Change in contingent consideration	81	182
Amortization of intangible assets	196	226
Cost of development services and research and development expenses	4,523	1,489
Operating income (loss)	-8,394	-4,250
Convertibleloansinducedconversionexpenses	-	-4,304
Financial (expenses) income, net	-718	-815
Other income	-122	8
Loss before income taxes	-9,234	-9,361
Tax expenses	32	5
Net loss	-9,266	-9,366
Net loss attributable to non-controlling interests (including redeemable)	-146	-462
Net income (loss) attributable to parent	-9,120	-8,904

Basic eps	1.93	0.23
Diluted eps	1.93	0.23
Basic average shares	4,715,229	38,860,727
Diluted average shares	4,715,229	38,860,727