scpx: the income statement

MyFinsight

For the year ending 2024-12-31, SCPX made $46,136,340 in revenue. -$32,807,843 in net income. Net profit margin of -71.11%.

Unit: Dollar

Income Statement	2024-12-31
Selling, general and administrative	21,570,874
Research and development	14,326,918
Loss on impairment of long-lived assets	1,939,246
Cost of revenues	3,196,245
Change in fair value of contingent earn-out receivable, related party	1,190,000
Total operating expenses	39,843,283
Revenue	6,243,022
Operating loss	-33,600,261
Other expense	-746,834
Other income	1,107,501
Interest income	22,230
Interest expense	-953,173
Loss on debt extinguishment	-560,000
Change in fair value of warrant liability	-469,800
Unrealized gain on short-term investments	999
Change in fair value of related party receivable	-330,000
Change in fair value of non-convertible promissory note, related party	19,000
Change in fair value of convertible promissory note, related party	-280,950
Total non-operating expense	-727,527
Net loss from continuing operations before income taxes	-34,327,788
Income tax benefit from continuing operations	0
Net loss from continuing operations	-34,327,788
Net loss	-34,327,788
Net loss - non-controlling interest	-1,519,945
Net loss attributable to scorpius holdings, inc	-32,807,843

Basic eps	-13.04
Diluted eps	-13.04
Basic average shares	2,515,742
Diluted average shares	2,515,742