For the quarter ending 2024-09-30, PALT made $2,121,234 in revenue. -$1,509,250 in net income. Net profit margin of -71.15%.
| Income Statement | 2024-09-30 | 2024-06-30 | ||
|---|---|---|---|---|
| Revenues | 2,121,234 | 2,224,625 | ||
| General and administrative expense | 1,636,400 | 1,183,455 | ||
| Research and development expense | 1,209,326 | 1,212,220 | ||
| Selling and marketing expense | 202,876 | 192,517 | ||
| Cost of revenue | 760,166 | 810,493 | ||
| Costs and expenses | 3,808,768 | 3,398,685 | ||
| Operating income (loss) | -1,687,534 | -1,174,060 | ||
| Other income | - | 146,269 | ||
| Interest income (expense), operating | 157,517 | 144,231 | ||
| Income (loss) from continuing operations before income taxes, noncontrolling interest | -1,530,017 | -883,560 | ||
| Income tax expense (benefit) | -20,767 | 50,591 | ||
| Net loss | -1,509,250 | -934,151 | ||
| Basic eps | -0.16 | -0.1 | ||
| Diluted eps | -0.16 | -0.1 | ||
| Basic average shares | 9,227,307 | 9,222,157 | ||
| Diluted average shares | 9,227,307 | 9,222,157 | ||
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