Newton Golf Company, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $8.1M | $3.4M | $349.0K | $190.0K |
| Cost of Revenue | $3.6M | $1.2M | $227.0K | $110.0K |
| Gross Profit | $4.6M | $2.3M | $122.0K | $80.0K |
| Gross Margin | 56.0% | 66.0% | 35.0% | 42.1% |
| Operating Expenses | ||||
| Research & Development | $779.0K | $743.0K | $258.0K | $73.0K |
| SG&A Expense | $11.3M | $6.5M | $4.5M | $2.9M |
| Operating Income | $-7.5M | $-5.0M | $-4.6M | $-2.9M |
| Operating Margin | -92.8% | -144.5% | -1,327.5% | -1,508.9% |
| Interest Expense | — | — | — | — |
| Pretax Income | — | — | — | — |
| Income Tax Expense | — | — | — | — |
| Net Income | $-6.0M | $-11.8M | $-4.6M | $-3.5M |
| Net Margin | -74.0% | -341.1% | -1,325.2% | -1,844.7% |
| EPS (Basic) | $-1.63 | $-3.18 | $-2.02 | $-0.01 |
| EPS (Diluted) | $-1.63 | $-3.18 | $-2.02 | $-0.01 |
| Shares Outstanding (Basic) | 3.7M | 3.7M | 685.3M | 584.3M |
| Shares Outstanding (Diluted) | 3.7M | 3.7M | 685.3M | 584.3M |
| Dividends Per Share | — | — | — | — |