| Income Statement | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Service revenue, net | 110,127,203 | 102,896,993 | ||
| Cost of revenue | 97,725,227 | 91,478,299 | ||
| Gross profit | 12,401,976 | 11,418,694 | ||
| Selling, general and administrative | 19,888,692 | 18,870,535 | ||
| Depreciation and amortization | 1,230,307 | 1,232,750 | ||
| (loss) income from operations | -8,717,023 | -8,684,591 | ||
| Loss on debt extinguishment | 0 | 0 | ||
| Advisory fees paid in the merger | 0 | 0 | ||
| Interest expense | 2,094,177 | 2,023,960 | ||
| Other expense | 0 | 0 | ||
| Net loss before provision for income taxes | -10,811,200 | -10,708,551 | ||
| Income tax (expense)/benefit | 9,144 | 9,618 | ||
| Net loss | -10,820,344 | -10,718,169 | ||
| Net loss per share, basic (in dollars per share) | -0.2 | -0.2 | ||
| Net loss per share, diluted (in dollars per share) | -0.2 | -0.2 | ||
| Weighted-average shares outstanding, basic (in shares) | 55,119,781 | 54,553,905 | ||
| Weighted-average shares outstanding, diluted (in shares) | 55,119,781 | 54,553,905 | ||
ATLANTIC INTERNATIONAL CORP. (SQLLW)
ATLANTIC INTERNATIONAL CORP. (SQLLW)