YUNHONG GREEN CTI LTD
For the period ended Dec 31, 2024. Filed Apr 15, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Apr 15, 2025
YHGJ$3.35-7.2%Stored close · as of Nov 10, 2026
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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
For the years ended December 31
| 2024 | 2023 | |
|---|---|---|
| Net Sales | $17,953,000 | $17,804,000 |
| Cost of Sales | 14,352,000 | 14,546,000 |
| Gross profit | 3,601,000 | 3,258,000 |
| Operating expenses: | ||
| General and administrative | 3,396,000 | 2,995,000 |
| Selling | 141,000 | 131,000 |
| Advertising and marketing | 676,000 | 531,000 |
| Total operating expenses | 4,213,000 | 3,657,000 |
| Loss from operations | (612,000) | (399,000) |
| Other (expense) income: | ||
| Interest expense | (862,000) | (628,000) |
| Other income/(expense) | (25,000) | 792,000 |
| Total other expense, net | (887,000) | 164,000 |
| Net Loss | (1,499,000) | (235,000) |
| Deemed dividends on preferred stock | (143,000) | (11,000) |
| Net loss attributable to Yunhong CTI Ltd common shareholders | (1,642,000) | (246,000) |
| Basic income (loss) per common share | (0.07) | (0.01) |
| Diluted income (loss) per common share | $(0.07) | $(0.01) |
| Weighted average number of shares and equivalent shares of common stock outstanding: | ||
| Basic | 23,367,378 | 19,526,633 |
| Diluted | 23,367,378 | 19,526,633 |
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