SCIENTIFIC INDUSTRIES INC
For the period ended Jun 30, 2025. Filed Aug 19, 2025.
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.
Jun 30, 2025 · Filed Aug 19, 2025
SCNDStored price and day change unavailable
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations and Comprehensive Loss
(UNAUDITED)
| For the Three Months Ended June 30, | For the Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenues | $2,329,900 | $2,647,300 | $4,736,400 | $5,130,800 |
| Cost of revenues | 1,310,000 | 1,354,900 | 2,699,900 | 2,797,600 |
| Gross profit | 1,019,900 | 1,292,400 | 2,036,500 | 2,333,200 |
| Operating expenses: | ||||
| General and administrative | 975,800 | 1,062,000 | 2,228,200 | 2,583,800 |
| Selling | 912,300 | 900,600 | 1,836,600 | 1,798,400 |
| Research and development | 677,200 | 666,000 | 1,329,200 | 1,376,700 |
| Total operating expenses | 2,565,300 | 2,628,600 | 5,394,000 | 5,758,900 |
| Loss from operations | (1,545,400) | (1,336,200) | (3,357,500) | (3,425,700) |
| Other income: | ||||
| Other income (expense), net | 8,000 | (2,000) | 20,400 | (6,300) |
| Interest income | 14,700 | 54,600 | 34,900 | 96,800 |
| Total other income, net | 22,700 | 52,600 | 55,300 | 90,500 |
| Loss from operations before income tax expense | (1,522,700) | (1,283,600) | (3,302,200) | (3,335,200) |
| Income tax expense | - | - | - | - |
| Net loss | $(1,522,700) | (1,283,600) | $(3,302,200) | $(3,335,200) |
| Comprehensive gain (loss): | ||||
| Foreign currency translation (loss) gain | 155,200 | 15,800 | 279,600 | (44,500 |
| Comprehensive (loss) gain | 155,200 | $15,800 | 279,600 | (44,500 |
| Total comprehensive loss | $(1,367,500) | (1,267,800) | $(3,022,600) | $(3,379,700) |
| Basic and Diluted loss per common share | $(0.13) | $(0.12) | $(0.30) | $(0.32) |
See notes to unaudited condensed consolidated financial statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.