Forza X1
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Profit margin reached -15984%. Total operating expenses were $6,472,914.

Profit Margin

Forza X1, Inc. (NASDAQ:FRZA): Profit margin
2020 0 0
2021 0 -533.57K
2022 0 -3.60M
2023 37.11K -5.93M -15984.46%

FRZA Income Statement (2020 โ€“ 2023)

2023 2022 2021 2020
Revenue
Revenue
37.11K000
Cost of revenue
157.63K232.74K3.20K0
Gross profit
-120.51K-232.74K-3.20K0
Operating exp.
Research and development
1.54M957.22K211.11K0
Selling and marketing
0314.59K7.13K0
Total operating expenses
6.47M3.42M381.52K0
Operating income
-6.59M-3.65M-381.52K0
Other income (expenses), net
660.32K23.17K-76.02K0
Income before tax
-5.93M-3.63M-457.55K0
Income tax expense
0-23.17K76.02K0
Net income
-5.93M-3.60M-533.57K0
Earnings per share
Basic EPS
-0.44-0.35-0.070
Diluted EPS
-0.44-0.35-0.070
Data sourceData source