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wkhs: the income statement
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Net loss
-$7,827,902
(68.86%↑ Y/Y)
Loss before
provision for income taxes
-$7,827,902
(68.86%↑ Y/Y)
Other income
$4,795,250
Gain on sale of assets
$13,805,791
Change in fair value of
warrants
$6,838,103
Change in fair value of
convertible notes
-$2,867,041
(-8.21%↓ Y/Y)
Interest expense, net
-$167,909
(97.98%↑ Y/Y)
Loss from operations
-$16,555,890
(-16.85%↓ Y/Y)
Total operating
expenses
$8,848,264
(-11.83%↓ Y/Y)
Gross loss
-$7,707,626
(-86.50%↓ Y/Y)
Sales, net of returns
and allowances
$2,384,998
(-4.97%↓ Y/Y)
Research and development
$1,077,631
(-53.42%↓ Y/Y)
Selling, general and
administrative
$7,770,633
(0.63%↑ Y/Y)
Cost of sales
$10,092,624
(51.94%↑ Y/Y)
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Income Statement
source: myfinsight.com
Workhorse Group Inc. (WKHS)
Workhorse Group Inc. (WKHS)