STABLECOIN DEVELOPMENT CORPORATION
Income Statement
| Line Item | Mar 2022 | Dec 2021 | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 | Jun 2020 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.3M | $4.0M | $2.3M | $2.1M | $1.8M | $1.9M | $2.2M | $4.0M |
| Cost of Revenue | $1.5M | $1.9M | $712.0K | $614.0K | $455.0K | $813.0K | $536.0K | $2.0M |
| Gross Profit | $1.8M | $2.1M | $1.6M | $1.5M | $1.4M | $1.1M | $1.6M | $1.9M |
| Gross Margin | 55.4% | 52.3% | 68.6% | 71.2% | 74.8% | 56.9% | 75.3% | 48.8% |
| Operating Expenses | ||||||||
| Research & Development | $28.0K | $8.0K | $10.0K | $21.0K | $5.0K | $36.0K | $125.0K | $115.0K |
| SG&A Expense | $2.2M | $2.7M | $1.8M | $1.6M | $1.2M | $1.3M | $1.9M | $1.5M |
| Operating Income | $-2.4M | $-3.2M | $-2.3M | $-1.9M | $-1.5M | $-1.8M | $-2.1M | $-1.1M |
| Operating Margin | -72.8% | -79.9% | -101.1% | -87.2% | -84.1% | -93.1% | -95.0% | -26.9% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-111.0K | $-158.0K | $-2.3M | $-1.9M | $-1.5M | $-1.8M | $-3.2M | $-4.5M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | — | $0 | $1.0K |
| Net Income | $-111.0K | $-158.0K | $-2.3M | $-1.9M | $-1.5M | $-1.8M | $-3.2M | $-4.5M |
| Net Margin | -3.4% | -4.0% | -101.1% | -87.2% | -84.0% | -92.9% | -148.4% | -112.5% |
| EPS (Basic) | $0.00 | $-0.10 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | — | $-2.78 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 77.3M | 67.3M | 2.43B | 2.30B | 2.26B | 1.89B | 2.16B | 1.64B |
| Shares Outstanding (Diluted) | 77.3M | 67.3M | 2.43B | 2.30B | 2.26B | 1.89B | 2.16B | 1.64B |
| Dividends Per Share | — | — | — | — | — | — | — | — |