tblt: the income statement

MyFinsight

For the year ending 2023-12-31, TBLT made $76,271,822 in revenue. -$46,449,313 in net income. Net profit margin of -60.90%.

Unit: Dollar

Income Statement	2023-12-31
Revenues	76,271,822
Cost of goods and services sold	59,866,140
Gross profit	16,405,682
Research and development expense	11,996,000
Asset impairment charges	5,583,290
Selling, general and administrative expense	56,044,334
Operating expenses	73,623,624
Operating income (loss)	-57,217,942
Issuance of stock and warrants for services or claims	538,218
Fair value adjustment of warrants	-19,381,313
Interest expense, nonoperating	1,701,113
Other nonoperating expense	6,373,353
Nonoperating income (expense)	10,768,629
Income (loss) from continuing operations before income taxes, noncontrolling interest	-46,449,313
Income tax expense (benefit)	0
Net loss	-46,449,313
Net income (loss) available to common stockholders, basic	-46,449,313

Basic eps	-122.12
Diluted eps	-122.12
Basic average shares	380,344
Diluted average shares	380,344