| Income Statement | 2025-09-30 | 2024-09-30 | ||
|---|---|---|---|---|
| Revenues | 35,215,454 | 36,886,500 | ||
| Monitoring, products and other related services | 14,759,280 | 16,615,936 | ||
| Depreciation and amortization included in cost of revenue | 2,956,526 | 3,061,520 | ||
| Total cost of revenue | 17,715,806 | 19,677,456 | ||
| Gross profit | 17,499,648 | 17,209,044 | ||
| General & administrative | 8,780,869 | 11,521,826 | ||
| Selling & marketing | 3,697,980 | 3,121,239 | ||
| Research & development | 2,799,720 | 2,749,218 | ||
| Depreciation & amortization | 910,259 | 944,115 | ||
| Impairment on assets held for sale | - | 757,130 | ||
| Impairment on assets held for sale/loss on sale of subsidiary-Track Group Chile | -66,483 | - | ||
| Total operating expense | 16,255,311 | 19,093,528 | ||
| Operating income (loss) | 1,244,337 | -1,884,484 | ||
| Interest income | 2,840 | 126,365 | ||
| Interest expense | 2,338,150 | 2,024,443 | ||
| Currency exchange rate gain (loss) | -688,686 | 115,302 | ||
| Other income (expense), net | 0 | -3,607 | ||
| Total other income (expense) | -3,023,996 | -1,786,383 | ||
| Income (loss) before income taxes | -1,779,659 | -3,670,867 | ||
| Income tax expense (benefit) | 104,094 | -589,453 | ||
| Net income (loss) attributable to common stockholders | -1,883,753 | -3,081,414 | ||
| Release of cumulative translation adjustment for sale of subsidiary-Track Group Chile | -1,390,913 | - | ||
| Equity adjustment for sale of subsidiary-Track Group Chile | 571,518 | - | ||
| Foreign currency translation adjustments | 559,306 | -38,495 | ||
| Comprehensive income (loss) | 637,984 | -3,119,909 | ||
| Us-gaap_earningspersharebasic | -0.16 | -0.26 | ||
| Us-gaap_earningspersharediluted | -0.16 | -0.26 | ||
| Us-gaap_weightedaveragenumberofdilutedsharesoutstanding | 11,863,758 | 11,863,758 | ||
| Us-gaap_weightedaveragenumberofsharesoutstandingbasic | 11,863,758 | 11,863,758 | ||
Track Group, Inc. (TRCK)
Track Group, Inc. (TRCK)