tikk: the income statement

MyFinsight

For the quarter ending 2024-12-31, TIKK made $2,972,137 in revenue. -$550,903 in net income. Net profit margin of -18.54%.

Unit: Dollar

Income Statement	2024-12-31	2024-09-30	2024-06-30
Net sales	2,972,137	1,777,342	2,842,176
Cost of sales	2,337,736	1,570,402	2,096,274
Gross margin	634,401	206,940	745,902
Engineering, research, and development	608,160	656,086	131,638
Selling, general and administrative	601,187	550,468	542,340
Total operating expenses	1,209,347	1,206,554	673,978
(loss) income from operations	-574,946	-999,614	71,924
Interest expense, nonoperating	-	-	18,457
Interest income	-	-	11
Interest expense other	27,509	31,517	-
Total other net income (expense)	-27,509	-31,517	-18,446
(loss) income before income taxes	-602,455	-1,031,131	53,478
Income tax (benefit) expense	-145,972	-216,537	11,230
Net (loss) income	-456,483	-814,594	42,248
Preferred dividends	94,420	94,420	94,420
Net (loss) income attributable to common shareholders	-550,903	-909,014	-52,172

Basic eps	-0.17	-0.28	-0.02
Diluted eps	-0.17	-0.28	-0.02
Basic average shares	3,255,887	3,255,887	3,255,887
Diluted average shares	3,255,887	3,255,887	3,255,887