TREES CORPORATION
Income Statement
| Line Item | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.3M | $3.7M | $3.7M | $3.8M | $4.1M | $5.1M | $5.1M | $3.5M |
| Cost of Revenue | $2.0M | $1.7M | $2.2M | $2.8M | $2.4M | $3.2M | $3.1M | $2.7M |
| Gross Profit | $1.4M | $2.0M | $1.5M | $983.3K | $1.7M | $1.9M | $2.1M | $737.8K |
| Gross Margin | 40.9% | 54.3% | 40.6% | 25.8% | 40.6% | 36.6% | 40.2% | 21.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.3M | $1.3M | $1.4M | $1.5M | $2.0M | $2.5M | $2.3M | $2.6M |
| Operating Income | $-271.6K | $213.8K | $-477.3K | $-725.6K | $-607.2K | $-1.5M | $-1.2M | $-2.2M |
| Operating Margin | -8.2% | 5.8% | -13.0% | -19.0% | -14.8% | -28.8% | -22.9% | -64.7% |
| Interest Expense | — | — | $553.7K | $301.1K | $296.2K | $716.7K | $449.3K | $419.0K |
| Pretax Income | $-845.3K | $55.5K | $-1.3M | $-2.2M | $-815.1K | $-2.0M | $-1.8M | $-5.8M |
| Income Tax Expense | $-336.3K | $1.2M | $137.0K | — | — | — | $85.7K | — |
| Net Income | $-509.0K | $-1.1M | $-1.4M | $-2.3M | $-815.1K | $-2.0M | $-1.9M | $-5.7M |
| Net Margin | -15.4% | -30.8% | -37.7% | -61.4% | -19.8% | -39.9% | -36.9% | -165.6% |
| EPS (Basic) | $0.00 | $-0.01 | $-0.01 | $-0.01 | $-0.01 | $-0.02 | $-0.02 | $-0.06 |
| EPS (Diluted) | $0.00 | $-0.01 | $-0.01 | $-0.01 | $-0.01 | $-0.02 | $-0.02 | $-0.06 |
| Shares Outstanding (Basic) | 108.7M | 108.7M | 108.7M | 117.2M | 118.7M | 118.7M | 118.7M | 97.2M |
| Shares Outstanding (Diluted) | 108.7M | 108.7M | 108.7M | 117.2M | 118.7M | 118.7M | 118.7M | 97.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |