sstpw: the income statement

MyFinsight

For the quarter ending 2025-09-30, SSTPW made $61,561K in revenue. -$18,516K in net income. Net profit margin of -30.08%.

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

Income Statement	2025-09-30
Revenue	61,561
Cost of revenue	38,819
Salaries and benefits	21,354
Selling, general, and administrative	16,953
Total operating expenses	77,126
Operating loss	-15,565
Interest expense, net	7,052
Gain on extinguishment of debt	0
Change in fair value of warrant liabilities	-71
Total other expense, net	-6,981
Loss before income tax	-22,546
Income tax (benefit) expense	-543
Net loss	-22,003
Less net loss attributable to non-controlling interest	-3,487
Net loss attributable to system1, inc	-18,516

Basic net loss per share (in dollars per share)	-2.3
Diluted net loss per share (in dollars per share)	-2.3
Weighted average number of shares outstanding - basic (in shares)	8,054,000
Weighted average number of shares outstanding - diluted (in shares)	8,054,000