For the year ending 2025-12-31.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Salaries and benefits | 4,410,288 | 7,824,030 | ||
| Professional services | 838,654 | 1,589,287 | ||
| Other general and administrative expenses | 1,323,667 | 5,086,342 | ||
| Total general and administrative expenses | 6,572,609 | 14,499,659 | ||
| Depreciation and amortization | 33,101 | 31,644 | ||
| Total operating expenses | 6,605,710 | 14,531,303 | ||
| Revenues | - | 31,992,511 | ||
| Cost of goods sold | - | 19,017,498 | ||
| Gross profit | - | 12,975,013 | ||
| Net operating loss | -6,605,710 | -1,556,290 | ||
| Interest expense | 159,953 | 1,464,640 | ||
| Interest income | - | 138,795 | ||
| Loss on early extinguishment of debt | - | -696,502 | ||
| Loss on impairment of long lived assets | 57,602 | - | ||
| Total other expense | -217,555 | -2,022,347 | ||
| Loss from continuing operations before income tax | -6,823,265 | -3,578,637 | ||
| Income tax provision | 0 | 123,579 | ||
| Net loss from continuing operations | -6,823,265 | - | ||
| Income (loss) of discontinued operations, net of tax | -33,818,241 | - | ||
| Net loss | -40,641,506 | -3,702,216 | ||
| Basic EPS | -3.44 | -0.4 | ||
| Diluted EPS | -3.44 | -0.4 | ||
| Basic Average Shares | 11,838,442 | 9,238,233 | ||
| Diluted Average Shares | 11,838,442 | 9,238,233 | ||
Sow Good Inc. (SOWG)
Sow Good Inc. (SOWG)