$KUST Income Statement | Understand Stock

$KUST

$3.22 +$0.21 (6.98%) Live

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated Statements of Operations

In millions of USD; shares in millions, except per-share amounts

	FY2025 12 months to Dec 31, 2025	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021
Revenue
Product
Service, Other
Total revenue
Cost of revenue
Product
Service, Other
Total cost of revenue
Gross profit
Selling, general and administrative expenses:
Research and development expense
Selling, advertising and promotional expense
General and administrative expense
Goodwill and intangible asset impairment charge
Total selling, general and administrative expenses
Operating loss
Other income (expense):
Interest income
Other expense
Interest expense
Other income
Loss on litigation
Loss on conversion of convertible debt
Change in fair value of short-term investments
Loss on extinguishment of convertible debt
Loss on disposal of intangibles
Change in fair value of contingent consideration promissory notes and earn-out agreements
Warrant modification expense
Gain on extinguishment of warrant derivative liabilities
Change in fair value of warrant derivative liabilities
Gain on the extinguishment of liabilities
Loss on extinguishment of debt
Gain on sale of property, plant and equipment
Total other income (expense) from continuing operations

Loss before income tax benefit (provision) from continuing operations
Net loss from continuing operations
Loss from discontinued operations (including impairment charge on disposal of $1,527,634 as of December 31, 2025)
Net loss from discontinued operations
Net loss
Net income attributable to noncontrolling interests
Loss on redemption – Series A & B convertible redeemable preferred stock
Net loss attributable to common stockholders
Basic:
Continuing operations
Discontinued operations
Net loss attributable to common stockholders per share – basic
Diluted:
Continuing operations
Discontinued operations
Net loss attributable to common stockholders per share – diluted
Weighted average shares outstanding:
Basic
Diluted

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