Solana Company
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $182.0K | $135.0K | $134.0K | $143.0K | $256.0K | $111.0K | $282.0K | $196.0K |
| Cost of Revenue | $118.0K | $123.0K | $90.0K | $187.0K | $184.0K | $122.0K | $150.0K | $101.0K |
| Gross Profit | $64.0K | $12.0K | $44.0K | $-44.0K | $72.0K | $-11.0K | $132.0K | $95.0K |
| Gross Margin | 35.2% | 8.9% | 32.8% | -30.8% | 28.1% | -9.9% | 46.8% | 48.5% |
| Operating Expenses | ||||||||
| Research & Development | $870.0K | $788.0K | $650.0K | $722.0K | $684.0K | $886.0K | $794.0K | $751.0K |
| SG&A Expense | $2.5M | $2.6M | $1.6M | $2.2M | $2.6M | $2.9M | $2.0M | $3.4M |
| Operating Income | $-3.3M | $-3.4M | $-2.2M | $-3.2M | $-3.2M | $-3.8M | $-2.7M | $-4.9M |
| Operating Margin | -1,796.7% | -2,530.4% | -1,676.1% | -2,204.9% | -1,257.4% | -3,432.4% | -946.5% | -2,476.0% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-1.6M | $-2.5M | $-1.0M | $-3.7M | $-1.6M | $-2.5M | $-4.9M | $-1.0M |
| Income Tax Expense | $0 | $0 | — | — | — | — | — | — |
| Net Income | $-1.6M | $-2.5M | $-1.0M | $-3.7M | $-1.6M | $-2.5M | $-4.9M | $-1.0M |
| Net Margin | -885.7% | -1,863.7% | -779.9% | -2,561.5% | -643.8% | -2,246.8% | -1,732.6% | -525.5% |
| EPS (Basic) | $-15.17 | $-0.10 | $-0.05 | $-0.09 | $-0.05 | $-0.07 | $-0.74 | $-0.05 |
| EPS (Diluted) | $-15.17 | $-0.10 | $-0.05 | $-0.09 | $-0.05 | $-0.07 | $-0.74 | $-0.05 |
| Shares Outstanding (Basic) | 80.6M | 26.2M | 19.5M | 42.7M | 36.1M | 36.1M | 17.3M | 22.8M |
| Shares Outstanding (Diluted) | 80.6M | 26.2M | 19.5M | 42.7M | 36.1M | 36.1M | 17.3M | 22.8M |
| Dividends Per Share | — | — | — | — | — | — | — | — |