PHUNWARE, INC.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $799.0K | $542.0K | $788.0K | $622.0K | $455.0K | $688.0K | $592.0K | $665.0K |
| Cost of Revenue | $248.0K | $158.0K | $333.0K | $335.0K | $265.0K | $329.0K | $454.0K | $343.0K |
| Gross Profit | $551.0K | $384.0K | $455.0K | $287.0K | $190.0K | $359.0K | $138.0K | $322.0K |
| Gross Margin | 69.0% | 70.8% | 57.7% | 46.1% | 41.8% | 52.2% | 23.3% | 48.4% |
| Operating Expenses | ||||||||
| Research & Development | $1.5M | $878.0K | $701.0K | $679.0K | $970.0K | $813.0K | $673.0K | $612.0K |
| SG&A Expense | $3.9M | $2.7M | $6.7M | $2.3M | $2.8M | $3.5M | $3.4M | $2.3M |
| Operating Income | $-6.0M | $-4.0M | $-7.9M | $-3.5M | $-4.3M | $-4.8M | $-4.9M | $-3.2M |
| Operating Margin | -757.1% | -742.1% | -1,008.2% | -562.7% | -936.3% | -699.7% | -826.2% | -479.7% |
| Interest Expense | — | — | — | — | — | — | $9.0K | $10.0K |
| Pretax Income | $-5.2M | $-3.2M | $-2.1M | $-2.4M | $-3.1M | $-3.7M | $-2.6M | $-2.8M |
| Income Tax Expense | $0 | $0 | $-19.0K | $0 | $0 | $0 | $41.0K | $0 |
| Net Income | $-5.2M | $-3.2M | $-2.1M | $-2.4M | $-3.1M | $-3.7M | $-2.6M | $-2.8M |
| Net Margin | -656.9% | -589.3% | -269.7% | -387.3% | -691.0% | -541.1% | -444.8% | -415.0% |
| EPS (Basic) | $-0.26 | $-0.16 | $-0.11 | $-0.12 | $-0.16 | $-0.18 | $-0.04 | $-0.05 |
| EPS (Diluted) | $-0.26 | $-0.16 | $-0.11 | $-0.12 | $-0.16 | $-0.18 | $-0.04 | $-0.05 |
| Shares Outstanding (Basic) | 20.4M | 20.2M | 20.2M | 20.2M | 20.2M | 20.2M | 11.0M | 55.5M |
| Shares Outstanding (Diluted) | 20.4M | 20.2M | 20.2M | 20.2M | 20.2M | 20.2M | 11.0M | 55.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |