EMERSON RADIO CORP
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.2M | $2.2M | $2.6M | $2.4M | $1.8M | $1.9M | $1.9M | $2.3M |
| Cost of Revenue | $2.0M | $1.9M | $2.1M | $2.0M | $1.5M | $1.5M | $1.4M | $1.3M |
| Gross Profit | $194.0K | $349.0K | $478.0K | $398.0K | $339.0K | $344.0K | $571.0K | $991.0K |
| Gross Margin | 8.8% | 15.9% | 18.2% | 16.3% | 18.7% | 18.4% | 29.6% | 43.1% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.4M | $1.5M | $1.2M | $1.1M | $1.2M | $511.0K | $1.1M | $1.3M |
| Operating Income | $-1.2M | $-1.2M | $-724.0K | $-666.0K | $-859.0K | $-167.0K | $-480.0K | $-300.0K |
| Operating Margin | -55.6% | -52.2% | -27.6% | -27.3% | -47.5% | -8.9% | -24.8% | -13.0% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-959.0K | $-867.0K | $-435.0K | $2.7M | $-565.0K | $111.0K | $-241.0K | $-153.0K |
| Income Tax Expense | $3.0K | $16.0K | $-14.0K | $88.0K | $0 | $0 | $0 | $0 |
| Net Income | $-962.0K | $-883.0K | $-421.0K | $2.6M | $-565.0K | $111.0K | $-241.0K | $-153.0K |
| Net Margin | -43.8% | -40.1% | -16.1% | 108.1% | -31.2% | 5.9% | -12.5% | -6.7% |
| EPS (Basic) | $-0.05 | $-0.04 | $-0.02 | $0.13 | $-0.03 | $0.01 | $-0.01 | $-0.01 |
| EPS (Diluted) | $-0.05 | $-0.04 | $-0.02 | $0.13 | $-0.03 | $0.01 | $-0.01 | $-0.01 |
| Shares Outstanding (Basic) | 21.0M | 21.0M | 21.0M | 21.0M | 21.0M | 21.0M | 21.0M | 21.0M |
| Shares Outstanding (Diluted) | 21.0M | 21.0M | 21.0M | 21.0M | 21.0M | 21.0M | 21.0M | 21.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |