Nano Magic Inc. Income Statement

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Financial Statements

In USD, except per-share amounts

	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021	FY2020 12 months to Dec 31, 2020	FY2019 12 months to Dec 31, 2019
NET REVENUES
Product
Contract Services
Service
Total nET REVENUES

COST OF SALES
Product
Contract Services
Service
Total cOST OF SALES

GROSS PROFIT
OTHER OPERATING INCOME
OPERATING EXPENSES:
Selling and marketing expenses
Salaries, wages and related benefits
Stock compensation expense
Research and development
Professional fees
General and administrative expenses
Total Operating Expense
LOSS FROM OPERATIONS
Interest expense
Other income, net
OTHER (EXPENSE) INCOME
Loan forgiveness
Income from investment in subsidiary
Interest expense
Government grant
Other income
Total Other (Expense) Income
LOSS FROM CONTINUING OPERATIONS
INCOME FROM DISCONTINUED OPERATIONS
Income from discontinued operations
Gain on sale of discontinued operations
NET INCOME FROM DISCONTINUED OPERATIONS
NET LOSS
NET (LOSS) INCOME PER SHARE - BASIC:
Continuing operations
Discontinued operations
NET LOSS PER SHARE - BASIC:
NET (LOSS) INCOME PER SHARE - DILUTED:
Continuing operations
Discontinued operations
NET LOSS PER SHARE - DILUTED:
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:
Basic
Diluted

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