Financial snapshot for QQ3 2023 (NEUP, USD):
- Revenue: $0.1657 million; Cost of revenue: $165,703; Gross profit: -$166,000; Gross margin: negative (loss of gross profit).
- Research and Development expenses: $1,199,000; SG&A expenses: $1,030,000; Selling, general and administrative expenses (SG&A as reported): $1,030,000; Operating expenses: $2,228,000; Other operating adjustments: None; Cost and expenses: -$2,394,000.
- EBITDA: -$2,596,000; Operating income: -$2,394,000; Total other income/expenses net: -$367,734; Income before tax: -$2,762,000; Income tax expense: $16,383; Net income: -$2,778,000; Net income per share (EPS): -$0.0194; Diluted EPS: -$0.0194; Weighted average shares outstanding: 143,516,971.
- QoQ trend (Q2 2023 → Q3 2023): Revenue progressed from nil to $0.166 million; R&D declined from $2.0349 million to $1.199 million; SG&A declined from $2.5179 million to $1.030 million; Operating expenses fell from $4.5529 million to $2.228 million; EBITDA improved from -$4.292 million to -$2.596 million; Net income improved from -$4.554 million to -$2.778 million.