Karbon-X Corp.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $55.9M | $3.2M | $412.1K | $9.8K | $0 | $0 | $0 | $0 |
| Cost of Revenue | $55.0M | $2.4M | $356.1K | $1.0K | $0 | — | — | — |
| Gross Profit | $859.8K | $801.5K | $56.0K | $8.8K | $0 | — | — | — |
| Gross Margin | 1.5% | 25.3% | 13.6% | 89.6% | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | $6.2K | $4.7K | $2.6K |
| Operating Income | $-11.1M | $-6.6M | $-1.5M | $-2.0M | $-238.7K | — | — | — |
| Operating Margin | -19.8% | -210.1% | -366.7% | -20,146.7% | — | — | — | — |
| Interest Expense | $3.3M | $339.2K | $41.6K | $0 | — | — | — | — |
| Pretax Income | $-13.6M | $-7.1M | $-2.7M | $-2.0M | $-238.7K | — | — | — |
| Income Tax Expense | $0 | $0 | — | — | — | $0 | $0 | $0 |
| Net Income | $-13.6M | $-7.1M | $-2.7M | $-2.0M | $-234.7K | $-30.7K | $-36.5K | $-15.3K |
| Net Margin | -24.3% | -222.9% | -666.1% | -20,216.4% | — | — | — | — |
| EPS (Basic) | $-0.16 | $-0.08 | — | — | — | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | $-0.16 | $-0.08 | $-0.04 | — | — | $0.00 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 86.7M | — | — | 73.5M | — | 64.9M | 64.9M | 4.0M |
| Shares Outstanding (Diluted) | 86.7M | 83.6M | 77.2M | 73.5M | 65.0M | 64.9M | 64.9M | 4.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |