CrossingBridge Advisors, LLC
Income Statement
| Line Item | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.8M | $2.6M | $2.3M | $1.9M | $2.0M | $2.1M | $1.8M | $1.7M |
| Cost of Revenue | $48.4K | $54.1K | $55.0K | $60.8K | $-41.5K | $33.6K | $111.8K | $0 |
| Gross Profit | $2.7M | $2.5M | $2.2M | $1.9M | $2.0M | $2.1M | $1.8M | $1.7M |
| Gross Margin | 98.3% | 97.9% | 97.6% | 96.9% | 96.6% | 98.4% | 100.0% | 100.0% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | $2.8K | — | $2.2K | — | $3.9K |
| SG&A Expense | — | — | — | — | — | — | $674.4K | — |
| Operating Income | $990.3K | $567.7K | $444.5K | $-282.0K | $196.7K | $-632.8K | $776.6K | $764.5K |
| Operating Margin | 35.5% | 22.1% | 19.3% | -14.6% | 9.6% | -29.7% | 44.1% | 44.8% |
| Interest Expense | — | — | — | — | — | — | $0 | — |
| Pretax Income | — | — | — | — | — | — | $-500.3K | — |
| Income Tax Expense | $206.9K | $165.5K | $208.9K | $32.2K | $208.6K | $-400.3K | $0 | $0 |
| Net Income | $1.2M | $462.4K | $852.9K | $6.0K | $538.3K | $319.8K | $762.9K | $761.6K |
| Net Margin | 43.3% | 18.0% | 37.1% | 0.3% | 26.4% | 15.0% | 43.3% | 44.6% |
| EPS (Basic) | $0.22 | $0.08 | $0.16 | $0.00 | $-0.06 | $0.08 | $0.32 | $0.32 |
| EPS (Diluted) | $-5,457,982.78 | $0.08 | $0.16 | $5,457,983.00 | $-2,399,999.74 | $0.08 | $0.32 | $2,400,000.00 |
| Shares Outstanding (Basic) | — | 5.5M | 5.5M | — | — | 4.1M | 2.4M | — |
| Shares Outstanding (Diluted) | — | 5.5M | 5.5M | — | — | 4.1M | 2.4M | — |
| Dividends Per Share | — | — | — | — | — | — | — | — |