Empery Digital Inc. (VLCN)
2025-06-30 | 2024-09-30 | 2024-06-30 | ||
---|---|---|---|---|
Revenue | 702,936 | 1,075,864 | 940,863 | |
Cost of goods sold | 851,476 | 10,294,720 | 3,113,429 | |
Gross margin | -148,540 | -9,218,856 | -2,172,566 | |
Sales and marketing | 622,772 | 470,692 | 543,671 | |
General and administrative expenses | 2,879,335 | 1,916,712 | 2,007,514 | |
Product development | 221,159 | 528,352 | 805,550 | |
Total operating expenses | 3,723,266 | 2,915,756 | 3,356,735 | |
Loss from operations | -3,871,806 | -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 | - | |
Gain (loss) on exercise of and change in fair value of financial liabilities | - | 53,724 | - | |
Other income (expense) | - | -3,702 | 8,589 | |
Other income | 5,094 | - | - | |
Interest income | 104,521 | - | - | |
Interest expense | 74,464 | 83,334 | 196,997 | |
Loss on extinguishment of convertible notes | - | - | - | |
Gain (loss) on change in fair value of financial liabilities | -63,242 | - | - | |
Total other income (expense) | -28,091 | -1,503,866 | 4,922,883 | |
Loss before provision for income taxes | -3,899,897 | -13,638,478 | -606,418 | |
Provision for income taxes | - | - | - | |
Net loss | -3,899,897 | -13,638,478 | -606,418 | |
Net loss per common share basic | -7.57 | -23.93 | -1.51 | |
Net loss per common share diluted | -7.57 | -23.93 | -1.51 | |
Weighted average common shares outstanding basic | 515,490 | 569,873 | 401,802 | |
Weighted average common shares outstanding diluted | 515,490 | 569,873 | 401,802 |