ONE STOP SYSTEMS INC
For the period ended Mar 31, 2024. Filed May 9, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 9, 2024
OSS$4.76-5.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Unaudited Consolidated Statements of Operations
| For the Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenue: | ||
| Product | $12,287,046 | $16,388,684 |
| Customer funded development | 364,740 | 393,210 |
| 12,651,786 | 16,781,894 | |
| Cost of revenue: | ||
| Product | 8,818,756 | 11,416,539 |
| Customer funded development | 109,737 | 294,593 |
| 8,928,493 | 11,711,132 | |
| Gross profit | 3,723,293 | 5,070,762 |
| Operating expenses: | ||
| General and administrative | 2,094,317 | 2,285,101 |
| Marketing and selling | 1,920,113 | 1,786,681 |
| Research and development | 970,877 | 1,195,328 |
| Total operating expenses | 4,985,307 | 5,267,110 |
| Loss from operations | (1,262,014) | (196,348) |
| Other income (expense), net: | ||
| Interest income | 141,725 | 110,266 |
| Interest expense | (35,342) | (32,705) |
| Other Income (expense), net | 7,278 | (20,223) |
| Total other income, net | 113,661 | 57,338 |
| Loss before income taxes | (1,148,353) | (139,010) |
| Provision for income taxes | 191,269 | 261,502 |
| Net loss | $(1,339,622) | $(400,512) |
| Net loss per share: | ||
| Basic | $(0.06) | $(0.02) |
| Diluted | $(0.06) | $(0.02) |
| Weighted average common shares outstanding: | ||
| Basic | 20,709,234 | 20,251,509 |
| Diluted | 20,709,234 | 20,251,509 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.