STABLECOIN DEVELOPMENT CORPORATION
Income Statement
| Line Item | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.6M | $2.1M | $2.5M | $3.5M | $2.3M | $3.6M | $3.8M | $3.7M |
| Cost of Revenue | $837.0K | $1.0M | $819.0K | $1.8M | $739.0K | $1.9M | $1.5M | $1.8M |
| Gross Profit | $1.8M | $1.1M | $1.7M | $1.7M | $1.6M | $1.8M | $2.4M | $1.8M |
| Gross Margin | 68.2% | 51.5% | 67.0% | 49.2% | 68.4% | 48.1% | 62.1% | 50.2% |
| Operating Expenses | ||||||||
| Research & Development | $19.0K | $-2.0K | $4.0K | $22.0K | $10.0K | $65.0K | $41.0K | $40.0K |
| SG&A Expense | $2.3M | $1.1M | $1.1M | $1.6M | $1.7M | $2.4M | $956.0K | $1.9M |
| Operating Income | $-2.3M | $-1.0M | $-698.0K | $-1.1M | $-1.3M | $-9.4M | $-457.0K | $-2.2M |
| Operating Margin | -87.1% | -48.0% | -28.1% | -29.7% | -57.5% | -258.7% | -11.9% | -58.8% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | — | $-4.1M | $-1.8M | $-2.0M | $-1.7M | $-8.2M | $-136.0K | $-2.2M |
| Income Tax Expense | $0 | — | — | — | — | — | $0 | — |
| Net Income | $-3.2M | $-4.1M | $-1.8M | $-2.0M | $-1.7M | $-8.2M | $-136.0K | $-2.2M |
| Net Margin | -122.2% | -195.5% | -70.8% | -57.6% | -74.3% | -225.3% | -3.6% | -58.8% |
| EPS (Basic) | $-0.55 | $-1.50 | $-0.24 | $-0.82 | $-0.02 | $-0.09 | $-0.07 | $-0.03 |
| EPS (Diluted) | $-0.55 | — | — | — | — | — | — | — |
| Shares Outstanding (Basic) | 1.33B | 6.5M | 7.2M | 4.9M | 109.9M | 86.9M | 86.6M | 81.4M |
| Shares Outstanding (Diluted) | 6.5M | 6.5M | 7.2M | 4.9M | 109.9M | 86.9M | 86.6M | 81.4M |
| Dividends Per Share | — | — | — | — | — | — | — | — |