vybe: the income statement

MyFinsight

For the quarter ending 2024-06-30, VYBE made $1,405,951 in revenue. -$653,795 in net income. Net profit margin of -46.50%.

Unit: Dollar

Income Statement	2024-06-30
Total revenue	1,405,951
Total cost of sales	243,320
Gross profit	1,162,631
Payroll and payroll taxes	490,397
Consulting fees	289,661
Royalty expense	49,970
Merchant fees	119,911
Advertising and marketing cost	675,632
General and administrative	58,432
Operating expenses	1,684,003
Operating income (loss)	-521,372
Other income	17,500
Lossondebtsettlement	17,667
Interest expense, nonoperating	131,341
Nonoperating income (expense)	-131,508
Income (loss) from continuing operations before income taxes, noncontrolling interest	-652,880
Income tax provision	915
Net loss	-653,795

Basic eps	-0.16
Diluted eps	-0.16
Basic average shares	3,977,497
Diluted average shares	3,977,497