renb: the income statement

MyFinsight

For the year ending 2025-06-30, RENB made $200,762,348 in revenue. -$178,007,489 in net income. Net profit margin of -88.67%.

Unit: Dollar

Income Statement	2025-06-30
Intangible asset impairment	0
General and administrative	17,880,050
Research and development	537,428
Goodwill impairment	170,419,429
Depreciation and amortization	129,095
Total operating expenses	188,966,002
Loss from operations	-188,966,002
Change in fair value of contingent consideration	11,680,000
Loss on extinguishment of debt	0
Change in fair value of equity securities	112,149
Interest expense	725,684
Interest income and other income (expense)	116,346
Total other income (expense)	10,958,513
Net loss	-178,007,489

Basic net loss per common share	-1.08
Diluted net loss per common share	-1.08
Weighted average number of shares of common stock outstanding - basic	165,061,967
Weighted average number of shares of common stock outstanding - diluted	165,061,967