smfl: the income statement

MyFinsight

For the quarter ending 2024-09-30, SMFL made $3,185,645 in revenue. -$3,235,878 in net income. Net profit margin of -101.58%.

Unit: Dollar

Income Statement	2024-09-30
Professional services	422,842
Compensation administrative	570,126
General and administrative	428,554
Depreciation and amortization expense	300,636
Total operating expenses	1,722,158
Total revenues	1,269,373
Total cost of revenues	751,317
Gross profit	518,056
Operating loss	-1,204,102
Other income (expense)	-179,536
Interest expense	2,046,324
Gain on debt extinguishment	194,114
Total other income (expense)	-2,031,746
Loss from continuing operations	-3,235,848
Income (loss) from discontinued operations	-30
Net loss	-3,235,878

Basic eps	-0.94
Diluted eps	-0.94
Basic average shares	3,457,980
Diluted average shares	3,457,980