Reliant Holdings Inc
For the period ended Mar 31, 2024. Filed May 20, 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.
Mar 31, 2024 · Filed May 20, 2024
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Consolidated Statements of Operations
Reliant Holdings, Inc. and Subsidiary
Consolidated Statements of Operations
| For the Three Months ended | ||
|---|---|---|
| 2024 | 2023 | |
| Revenue | $575,758 | $795,850 |
| Cost of goods sold | (274,276) | (518,856) |
| Gross margin | 301,482 | 276,994 |
| Operating expenses | ||
| General and administrative | 162,878 | 245,453 |
| Total operating expenses | (162,878) | (245,453) |
| Income from operations | 138,604 | 31,541 |
| Other income (expense) | ||
| Interest income | 247 | 399 |
| Interest expense | (8,057) | (657) |
| Total other income (expense) | (7,810) | (258) |
| Income before income taxes | 130,794 | 31,283 |
| Provision for income tax | (5,493) | (1,314) |
| Net income | $125,301 | $29,969 |
| Net income per share - basic and diluted | $0.01 | $0.00 |
| Weighted average common shares outstanding | 16,785,000 | 16,583,870 |
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