vaso: the income statement

MyFinsight

VASO Corp (VASO)

For the quarter ending 2025-06-30, VASO made $19,957K in revenue. -$156K in net income. Net profit margin of -0.78%.

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

	2025-06-30	2025-03-31	2024-09-30	2024-06-30
Total revenues	19,957	19,462	20,769	20,226
Cost Of Professional Sales Services	1,659	-	-	-
Cost Of Managed ITSystems And Services	6,359	-	-	-
Cost Of Equipment Sales And Services	142	-	-	-
Total cost of revenues	8,160	8,104	9,013	8,075
Gross profit	11,797	11,358	11,756	12,151
Selling, general and administrative	12,051	12,398	11,409	10,841
Research and development	167	178	191	205
Business combination transaction costs	-	-	1,549	109
Total operating expenses	12,218	12,576	13,149	11,155
Operating (loss) income	-421	-1,218	-1,393	996
Interest and other income, net	268	184	242	273
Interest and financing costs	-	-	-	1
Loss on disposal of fixed assets	-4	-1	-	-1
Total other income, net	264	183	242	271
(loss) income before income taxes	-157	-1,035	-1,151	1,267
Income tax expense	40	40	30	112
Net (loss) income	-197	-1,075	-1,181	1,155
Foreign currency translation gain (loss)	41	15	118	-21
Comprehensive (loss) income	-156	-1,060	-1,063	1,134

(loss) income per common share basic (in dollars per share)	-	-0.01	-0.01	0.01
(loss) income per common share diluted (in dollars per share)	-	-0.01	-0.01	-
Diluted weighted average shares outstanding	175,742,000	175,696,000	175,471,000	175,984,000
Weighted average common shares outstanding basic (in shares)	175,742,000	175,696,000	175,471,000	175,365,000

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