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stai: the income statement
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Net loss
-$9,672,862
Loss before income
taxes
-$9,672,862
Revenue
$631,021
Total other expense
-$4,794,078
Loss from operations
-$4,878,784
Change in fair value of
earnout liability
-$5,000
Change in fair value of
convertible notes
-$51,672
Gross margin
$174,431
Cost of goods sold
$456,590
Loss on
extinguishment of debt
-$4,195,962
Interest expense
$654,788
Total operating
expenses
$5,053,215
Depreciation and
amortization
$5,194
Research and development
expenses
$517,629
General and
administrative expenses
$4,530,392
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Income Statement
source: myfinsight.com
ScanTech AI Systems Inc. (STAI)
ScanTech AI Systems Inc. (STAI)