For the quarter ending 2025-06-30, VLCN made $702,936 in revenue. -$3,899,897 in net income. Net profit margin of -554.80%.
| Income Statement | 2025-06-30 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|
| Revenue | 702,936 | 1,010,232 | 1,075,864 | 940,863 |
| Cost of goods sold | 851,476 | 2,380,069.5 | 10,294,720 | 3,113,429 |
| Gross margin | -148,540 | -1,369,837.5 | -9,218,856 | -2,172,566 |
| Sales and marketing | 622,772 | 767,295 | 470,692 | 543,671 |
| General and administrative expenses | 2,879,335 | 1,870,710.5 | 1,916,712 | 2,007,514 |
| Product development | 221,159 | 667,214 | 528,352 | 805,550 |
| Total operating expenses | 3,723,266 | 3,305,219.5 | 2,915,756 | 3,356,735 |
| Gain (loss) on exercise of and change in fair value of financial liabilities | - | - | 53,724 | - |
| Loss from operations | -3,871,806 | -4,675,057 | -12,134,612 | -5,529,301 |
| Gain (loss) on change in fair value of financial liabilities | - | - | - | 5,111,291 |
| Loss on repayment of may 2024 notes | - | - | 1,470,554 | - |
| Other income | 5,094 | - | - | - |
| Other income (expense) | - | 14,547 | -3,702 | 8,589 |
| Interest income | 104,521 | - | - | - |
| Interest expense | 74,464 | 181,692.5 | 83,334 | 196,997 |
| Loss from extinguishment of debt | - | -411,902 | - | - |
| Gain (loss) on derivative liabilities and warrant liabilities | - | -3,692,096.25 | - | - |
| Loss on extinguishment of convertible notes | 0 | - | - | - |
| Loss on repayment of debt | - | 367,638.5 | - | - |
| Gain (loss) on change in fair value of financial liabilities | -63,242 | - | - | - |
| Total other income (expense) | -28,091 | -10,957,649.5 | -1,503,866 | 4,922,883 |
| Loss before provision for income taxes | -3,899,897 | -15,632,706.5 | -13,638,478 | -606,418 |
| Provision for income taxes | 0 | - | - | - |
| Net loss | -3,899,897 | -15,632,706.5 | -13,638,478 | -606,418 |
| Net loss per common share basic | -7.57 | -60.73 | -23.93 | -1.51 |
| Net loss per common share diluted | -7.57 | -60.73 | -23.93 | -1.51 |
| Weighted average common shares outstanding basic | 515,490 | -330,938.5 | 569,873 | 401,802 |
| Weighted average common shares outstanding diluted | 515,490 | -330,938.5 | 569,873 | 401,802 |
Empery Digital Inc. (VLCN)
Empery Digital Inc. (VLCN)