For the quarter ending 2024-09-30, VINE made $63,209 in revenue. -$365,290 in net income. Net profit margin of -577.91%.
| Income Statement | 2024-09-30 | 2024-06-30 | ||
|---|---|---|---|---|
| Total net revenue | 63,209 | 70,484 | ||
| Gain from recovery of inventory reserve | -154,483 | - | ||
| Cost of revenues | 65,046 | 114,160 | ||
| Gross profit (loss) | 152,646 | -43,676 | ||
| Equity-based compensation | 1,626 | 1,626 | ||
| Selling, general and administrative expenses | 459,988 | 834,267 | ||
| Operating loss | -308,968 | -879,569 | ||
| Interest expense | 6,322 | - | ||
| Net loss | -315,290 | -879,569 | ||
| Less dividends on series a preferred stock | 50,000 | 26,133 | ||
| Net loss attributable to common stockholders | -365,290 | -905,702 | ||
| Basic eps | -0.02 | -0.06 | ||
| Diluted eps | -0.02 | -0.06 | ||
| Basic average shares | 15,976,227 | 15,976,227 | ||
| Diluted average shares | 15,976,227 | 15,976,227 | ||
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