For the year ending 2025-12-31, SCND made $5,053,800 in revenue. -$979,500 in net income. Net profit margin of -19.38%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenues | 5,053,800 | 10,712,600 | ||
| Cost of revenues | 3,750,700 | 5,979,000 | ||
| Gross profit | 1,303,100 | 4,733,600 | ||
| General and administrative | 3,268,800 | 4,822,700 | ||
| Selling | 3,144,900 | 3,643,000 | ||
| Research and development | 2,487,700 | 2,906,100 | ||
| Impairment of intangible assets | 291,600 | - | ||
| Total operating expenses | 9,193,000 | 11,371,800 | ||
| Loss from operations | -7,889,900 | -6,638,200 | ||
| Other income, net | 710,900 | 12,400 | ||
| Gain on disposition of discontinued operations | 5,263,400 | - | ||
| Interest income | 139,900 | 180,400 | ||
| Total other income, net | 6,114,200 | 192,800 | ||
| Loss from continuing operations before income tax expense | -1,775,700 | -6,445,400 | ||
| Income tax expense, current | 4,600 | - | ||
| Total income tax expense | 4,600 | - | ||
| Loss from continuing operations | -1,780,300 | -6,445,400 | ||
| Income from discontinued operations, net of tax | 559,900 | - | ||
| Net loss | -1,220,400 | -6,445,400 | ||
| Foreign currency translation gain (loss) | 240,900 | -131,700 | ||
| Other comprehensive gain (loss) | 240,900 | -131,700 | ||
| Total comprehensive loss | -979,500 | -6,577,100 | ||
| Diluted EPS | -0.11 | -0.61 | ||
| Diluted Average Shares | 11,344,823 | 10,503,599 | ||
SCIENTIFIC INDUSTRIES INC (SCND)
SCIENTIFIC INDUSTRIES INC (SCND)