IGC Pharma Inc
For the period ended Sep 30, 2024. Filed Nov 12, 2024.
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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.
Sep 30, 2024 · Filed Nov 12, 2024
IGC$0.20-4.1%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations and Comprehensive Loss
(in thousands, except loss per share and share data)
| Three months ended September 30, | Six months ended September 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| ($) | ($) | ($) | ($) | |
| Revenue | 412 | 291 | 684 | 846 |
| Cost of revenue | (214) | (117) | (323) | (417) |
| Gross profit | 198 | 174 | 361 | 429 |
| Selling, general and administrative expenses | (1,041) | (1,397) | (2,711) | (3,044) |
| Research and development expenses | (917) | (1,268) | (1,806) | (2,015) |
| Operating loss | (1,760) | (2,491) | (4,156) | (4,630) |
| Other income, net | 43 | 40 | 61 | 104 |
| Loss before income taxes | (1,717) | (2,451) | (4,095) | (4,526) |
| Income tax expense/benefit | - | - | - | - |
| Net loss attributable to common stockholders | (1,717) | (2,451) | (4,095) | (4,526) |
| Foreign currency translation adjustments | (15) | (63) | (18) | (54) |
| Comprehensive loss | (1,732) | (2,514) | (4,113) | (4,580) |
| Net loss per share attributable to common stockholders: | ||||
| Basic and diluted | $(0.02) | (0.05) | (0.06) | (0.08) |
| Weighted-average number of shares used in computing net loss per share amounts: | 76,007,129 | 54,301,087 | 74,419,059 | 53,695,912 |
| September 30, 2024, Form 10-Q
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