YUNHONG GREEN CTI LTD
For the period ended Dec 31, 2023. Filed Mar 29, 2024.
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FY2023 · Filed Mar 29, 2024
YHGJ$3.35-7.2%Stored close · as of Nov 10, 2026
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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
Consolidated Statements of Operations and Comprehensive Income (Loss)
| For the Twelve Months Ended December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Net Sales | $17,804,000 | $18,048,000 |
| Cost of Sales | 14,546,000 | 14,910,000 |
| Gross profit | 3,258,000 | 3,138,000 |
| Operating expenses: | ||
| General and administrative | 2,995,000 | 3,720,000 |
| Selling | 131,000 | 136,000 |
| Advertising and marketing | 531,000 | 402,000 |
| Total operating expenses | 3,657,000 | 4,258,000 |
| Loss from operations | (399,000) | (1,120,000) |
| Other (expense) income: | ||
| Interest expense | (628,000) | (450,000) |
| Other income/(expense) | 792,000 | 103,000 |
| Total other expense, net | 164,000 | (347,000) |
| Loss from continuing operations before taxes | (235,000) | (1,467,000) |
| Income tax expense | - | - |
| Loss from continuing operations | (235,000) | (1,467,000) |
| Income (Loss) from discontinued operations , net of tax | - | - |
| Net Loss | $(235,000) | $(1,467,000) |
| Less: Net loss attributable to noncontrolling interest | - | - |
| Net loss attributable to Yunhong CTI, Ltd | $(235,000) | $(1,467,000) |
| Other Comprehensive Income (Loss) | ||
| Foreign currency adjustment | - | - |
| Reclassification of foreign currency adjustment to earnings | - | - |
| Comprehensive loss | $(235,000) | $(1,467,000) |
| Deemed dividends on preferred stock and amortization of beneficial conversion feature | $(11,000) | $(584,000) |
| Net Loss Attributable to Yunhong CTI Ltd Common Shareholders | $(246,000) | $(2,051,000) |
| Basic income (loss) per common share | ||
| Basic income (loss) per common share | $(0.01) | $(0.22) |
| Diluted income (loss) per common share | ||
| Diluted income (loss) per common share | $(0.01) | $(0.22) |
| Weighted average number of shares and equivalent shares of common stock outstanding: | ||
| Basic | 19,526,633 | 9,301,888 |
| Diluted | 19,526,633 | 9,301,888 |
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