silk: the income statement

MyFinsight

For the quarter ending 2024-06-30, SILK made $51,242K in revenue. -$16,708K in net income. Net profit margin of -32.61%.

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

Income Statement	2024-06-30
Revenue from contract with customer, excluding assessed tax	51,242
Cost of goods and services sold	12,736
Gross profit	38,506
Selling, general and administrative expense	43,818
Research and development expense	11,883
Operating expenses	55,701
Operating income (loss)	-17,195
Investment income, interest	2,321
Interest expense	1,725
Other nonoperating income (expense)	-4
Net income (loss) attributable to parent	-16,603
Other comprehensive income (loss), cash flow hedge, gain (loss), after reclassification and tax, parent	-105
Other comprehensive income (loss), net of tax, portion attributable to parent	-105
Comprehensive income (loss), net of tax, attributable to parent	-16,708

Basic eps	-0.42
Diluted eps	-0.42
Basic average shares	39,620,888
Diluted average shares	39,620,888