Norris Industries, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $286.1K | $329.3K | $329.6K | $526.4K | $452.3K | $280.2K | $573.0K | $499.1K |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $145.1K | $189.6K | $200.8K | $192.3K | $203.7K | $313.5K | $577.1K | $878.1K |
| Operating Income | $-544.3K | $-457.9K | $-516.4K | $-388.6K | $-392.0K | $-1.0M | $-2.8M | $-869.4K |
| Operating Margin | -190.3% | -139.0% | -156.7% | -73.8% | -86.7% | -363.1% | -493.4% | -174.2% |
| Interest Expense | $117.2K | $143.2K | $127.0K | $116.4K | $107.0K | $92.5K | $73.3K | $52.3K |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | $-661.4K | $-601.1K | $-643.3K | $-505.0K | $-498.9K | $-1.1M | $-2.9M | $-921.7K |
| Net Margin | -231.2% | -182.5% | -195.2% | -95.9% | -110.3% | -396.1% | -505.8% | -184.7% |
| EPS (Basic) | $-0.01 | $-0.01 | $-0.01 | $-0.01 | $-0.01 | $-0.01 | $-0.03 | $-0.01 |
| EPS (Diluted) | $-0.01 | $-0.01 | $-0.01 | $-0.01 | — | $-0.01 | $-0.03 | $-0.01 |
| Shares Outstanding (Basic) | 108.2M | 95.7M | 90.9M | 90.9M | 90.9M | 90.9M | 90.9M | 89.4M |
| Shares Outstanding (Diluted) | 108.2M | 95.7M | 90.9M | 90.9M | 90.9M | 90.9M | 90.9M | 89.4M |
| Dividends Per Share | — | — | — | — | — | — | — | — |