$LITS Income Statement | Understand Stock

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$LITS

$0.87 -$0.00 (0.46%)

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Income Statement Balance Sheet Cashflow Statement

Income Statement

Concept	2025	2024	2023	2022	2021
Revenue	$0.00 -100.0% YoY	$65.30M 33.76% YoY	$48.82M 19.95% YoY	$40.70M 59.38% YoY	$25.54M -11.68% YoY
Cost Of Revenue	N/A	N/A	N/A	$0.00 -100.0% YoY	$1.408M -47.29% YoY
Gross Profit	N/A	N/A	N/A	$40.70M 68.68% YoY	$24.13M -8.06% YoY
Selling, General & Admin	$13.53M -41.91% YoY	$23.30M -29.69% YoY	$33.13M 8.48% YoY	$30.54M 25.1% YoY	$24.41M 46.02% YoY
Research & Development	$3.923M -76.31% YoY	$16.56M -68.43% YoY	$52.45M -38.76% YoY	$85.64M 23.41% YoY	$69.40M 103.72% YoY
Depreciation & Amortization	$368.0K -3.92% YoY	$383.0K -0.78% YoY	$386.0K 18.4% YoY	$326.0K 14.39% YoY	$285.0K 161.47% YoY
Operating Expenses	$3.923M -76.31% YoY	$16.56M -68.43% YoY	$52.45M -38.76% YoY	$85.64M 23.41% YoY	$69.40M 103.72% YoY
Operating Profit	-$17.46M -220.03% YoY	$14.54M -139.55% YoY	-$36.76M -51.3% YoY	-$75.48M 8.32% YoY	-$69.69M 183.96% YoY
Interest Expense	$1.026M -68.69% YoY	$3.277M -2.18% YoY	$3.350M -84.07% YoY	$21.04M 12.9% YoY	$18.63M -186.74% YoY
Other Income/Expense, Net	$1.510M -53.34% YoY	$3.236M -34.31% YoY	$4.926M -76.58% YoY	$21.03M 4227.16% YoY	$486.0K N/A
Pretax Income	-$15.95M -189.69% YoY	$17.78M -155.84% YoY	-$31.84M -41.53% YoY	-$54.45M 7.69% YoY	-$50.57M 9.89% YoY
Income Tax	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 -100.0% YoY	$8.000K 700.0% YoY
Net Earnings	-$16.00M -190.0% YoY	$17.78M -155.84% YoY	-$31.84M -41.53% YoY	-$54.45M 7.67% YoY	-$50.58M 9.91% YoY
Basic Earnings Per Share	-$2.39 -189.51% YoY	$2.67 -155.86% YoY	-$4.78 986.36% YoY	-$0.44 -2.22% YoY	-$0.45 -11.76% YoY
Diluted Earnings Per Share	-$2.39 -189.51% YoY	$2.67 -155.86% YoY	-$4.78 856.0% YoY	-$0.50 -26.47% YoY	-$0.68 33.33% YoY
COMMON SHARES	N/A	N/A	N/A	N/A	N/A
Basic Shares Outstanding	6.663M 0.0% YoY	6.663M 0.0% YoY	6.663M -94.65% YoY	124.5M 10.62% YoY	112.5M 23.55% YoY
Diluted Shares Outstanding	6.663M 0.0% YoY	6.663M 0.0% YoY	6.663M -94.68% YoY	125.1M 9.31% YoY	114.5M 25.69% YoY

Concept	2026 Q1	2025 Q4	2025 Q3	2025 Q2	2025 Q1	2024 Q4	2024 Q3	2024 Q2	2024 Q1	2023 Q4	2023 Q3	2023 Q2	2023 Q1	2022 Q4	2022 Q3	2022 Q2	2022 Q1	2021 Q4	2021 Q3
Revenue	$54.00K N/A	$60.00K N/A	N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 -100.0% YoY	$0.00 -100.0% YoY	$0.00 -100.0% YoY	$0.00 -100.0% YoY	$65.30M 647.96% YoY	$1.460M -87.21% YoY	$5.894M -39.2% YoY	$32.74M 79.65% YoY	$8.730M -34.79% YoY	$11.41M -41.1% YoY	$9.694M 19.55% YoY	$18.22M 98.78% YoY	$13.39M 249.17% YoY
Cost Of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0.00 N/A	N/A N/A	$0.00 -100.0% YoY	N/A N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$11.41M -41.1% YoY	$9.694M 25.83% YoY	$18.22M 110.1% YoY	$13.39M 302.62% YoY
Selling, General & Admin	N/A	N/A	N/A	$2.795M -32.44% YoY	$2.405M -47.82% YoY	$3.143M -60.8% YoY	$5.189M -20.54% YoY	$4.137M -58.51% YoY	$4.609M -35.82% YoY	$8.018M -5.63% YoY	$6.530M -12.77% YoY	$9.970M 72.76% YoY	$7.181M -19.62% YoY	$8.496M 7.19% YoY	$7.486M -5.35% YoY	$5.771M -13.01% YoY	$8.934M 43.63% YoY	$7.926M 40.28% YoY	$7.909M 33.6% YoY
Research & Development	$30.00K -91.87% YoY	$46.00K -85.06% YoY	$10.00K -99.68% YoY	$83.00K -97.9% YoY	$369.0K -92.93% YoY	$308.0K -92.13% YoY	$3.163M -9.24% YoY	$3.944M 53.46% YoY	$5.220M -65.44% YoY	$3.912M -74.45% YoY	$3.485M -82.09% YoY	$2.570M -88.23% YoY	$15.10M -32.32% YoY	$15.31M -28.88% YoY	$19.46M -2.46% YoY	$21.84M 34.03% YoY	$22.32M 24.79% YoY	$21.53M -3.12% YoY	$19.95M 53.53% YoY
Depreciation & Amortization	N/A	$0.00 N/A	$0.00 -100.0% YoY	$0.00 -100.0% YoY	$0.00 -100.0% YoY	$0.00 -100.0% YoY	$368.0K 322.99% YoY	$125.0K 25.0% YoY	$86.00K -11.34% YoY	$85.00K -7.61% YoY	$87.00K -12.12% YoY	$100.0K 17.65% YoY	$97.00K 8.99% YoY	$92.00K 22.67% YoY	$99.00K 28.57% YoY	$85.00K 30.77% YoY	$89.00K 11.25% YoY	$75.00K 7.14% YoY	$77.00K 11.59% YoY
Operating Expenses	$30.00K -91.87% YoY	$46.00K -85.06% YoY	$10.00K -99.68% YoY	$2.878M -64.39% YoY	$369.0K -92.93% YoY	$308.0K -92.13% YoY	$3.163M -9.24% YoY	$8.081M -35.56% YoY	$5.220M -65.44% YoY	$3.912M -74.45% YoY	$3.485M -82.09% YoY	$12.54M -54.58% YoY	$15.10M -32.32% YoY	$15.31M -28.88% YoY	$19.46M -2.46% YoY	$27.61M 20.42% YoY	$22.32M 24.79% YoY	$21.53M -3.12% YoY	$19.95M 53.53% YoY
Operating Profit	-$21.61M 679.02% YoY	-$29.87M 765.46% YoY	-$3.739M -55.23% YoY	N/A	-$2.774M -71.78% YoY	-$3.451M -71.07% YoY	-$8.352M -115.11% YoY	N/A	-$9.829M -40.03% YoY	-$11.93M -233.65% YoY	$55.28M -403.42% YoY	N/A	-$16.39M -23.97% YoY	$8.926M -179.45% YoY	-$18.22M 25.87% YoY	-$16.20M 356.1% YoY	-$21.56M 31.49% YoY	-$11.24M -41.49% YoY	-$14.48M -7.13% YoY
Interest Expense	N/A	N/A	N/A	$190.0K -68.75% YoY	$202.0K -71.39% YoY	$279.0K -67.89% YoY	$355.0K -67.43% YoY	$608.0K -42.64% YoY	$706.0K -26.23% YoY	$869.0K -34.71% YoY	$1.090M -31.75% YoY	$1.060M 662.59% YoY	$957.0K -92.54% YoY	$1.331M -75.66% YoY	$1.597M -38.46% YoY	$139.0K -98.04% YoY	$12.83M -239.34% YoY	$5.469M -24.57% YoY	$2.595M -80.78% YoY
Other Income/Expense, Net	-$2.084M -1136.82% YoY	-$932.0K -220.41% YoY	$100.0K -71.01% YoY	$0.00 -100.0% YoY	$201.0K -71.37% YoY	$774.0K -10.73% YoY	$345.0K -68.44% YoY	-$34.00K 240.0% YoY	$702.0K -17650.0% YoY	$867.0K -21775.0% YoY	$1.093M -54750.0% YoY	-$10.00K 66.67% YoY	-$4.000K N/A	-$4.000K N/A	-$2.000K N/A	-$6.000K -250.0% YoY	$0.00 -100.0% YoY	$0.00 -100.0% YoY	$0.00 -100.0% YoY
Pretax Income	N/A	N/A	N/A	-$2.688M -85.4% YoY	-$2.573M -71.81% YoY	-$2.677M -75.8% YoY	-$8.007M -114.2% YoY	-$18.41M 83.51% YoY	-$9.127M -40.88% YoY	-$11.06M -207.9% YoY	$56.37M -439.09% YoY	-$10.03M -37.56% YoY	-$15.44M 76.94% YoY	$10.25M -184.35% YoY	-$16.62M -5.06% YoY	-$16.06M -552.1% YoY	-$8.725M -72.13% YoY	-$12.16M 6.17% YoY	-$17.51M 737.8% YoY
Income Tax	N/A	N/A	N/A	$0.00 N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Earnings	-$23.69M 820.87% YoY	-$30.80M 1050.5% YoY	-$3.639M -54.55% YoY	-$2.688M -85.4% YoY	-$2.573M -71.81% YoY	-$2.677M -75.8% YoY	-$8.007M -114.2% YoY	-$18.41M 83.51% YoY	-$9.127M -40.88% YoY	-$11.06M -207.9% YoY	$56.37M -439.11% YoY	-$10.03M -37.56% YoY	-$15.44M 76.94% YoY	$10.25M -184.35% YoY	-$16.62M -5.06% YoY	-$16.06M -553.12% YoY	-$8.725M -65.95% YoY	-$12.16M 51.46% YoY	-$17.51M -2559.27% YoY
Basic Earnings Per Share	-$0.66 69.23% YoY	-$0.82 105.0% YoY	-$0.12 -90.0% YoY	N/A	-$0.39 -71.53% YoY	-$0.40 -75.9% YoY	-$1.20 -114.18% YoY	N/A	-$1.37 -40.95% YoY	-$1.66 -2175.0% YoY	$8.46 -7150.0% YoY	N/A	-$2.32 3214.29% YoY	$0.08 -260.0% YoY	-$0.12 9.09% YoY	N/A	-$0.07 -69.57% YoY	-$0.05 -50.0% YoY	-$0.11 450.0% YoY
Diluted Earnings Per Share	-$0.66 69.23% YoY	-$0.82 105.0% YoY	-$0.12 -90.0% YoY	-$0.40 -85.43% YoY	-$0.39 -71.53% YoY	-$0.40 -75.9% YoY	-$1.20 -114.18% YoY	-$2.76 82.94% YoY	-$1.37 -40.95% YoY	-$1.66 -2175.0% YoY	$8.46 -7150.0% YoY	-$1.51 -100.0% YoY	-$2.32 3214.29% YoY	$0.08 -188.89% YoY	-$0.12 -7.69% YoY	-$120.7K -483.25% YoY	-$0.07 -69.57% YoY	-$0.09 -43.75% YoY	-$0.13 0.0% YoY
COMMON SHARES	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Basic Shares Outstanding	36.36M 445.74% YoY	36.79M 452.1% YoY	35.66M 435.13% YoY	6.663M 0.0% YoY	6.663M 0.0% YoY	6.663M 0.0% YoY	6.663M 0.0% YoY	6.663M 0.0% YoY	6.663M -95.0% YoY	6.663M -95.0% YoY	6.663M -95.0% YoY	6.663M -95.0% YoY	133.3M 0.15% YoY	133.3M 5.16% YoY	133.3M 18.27% YoY	133.2M 18.26% YoY	133.1M 18.21% YoY	126.7M 12.62% YoY	112.7M 0.22% YoY
Diluted Shares Outstanding	35.71M 435.96% YoY	37.37M 460.89% YoY	29.48M 342.37% YoY	N/A	6.663M 0.0% YoY	6.663M 0.0% YoY	6.663M 0.0% YoY	N/A	6.663M 0.0% YoY	6.663M -95.0% YoY	6.663M -95.0% YoY	N/A	6.663M -94.99% YoY	133.3M 3.98% YoY	133.3M 16.98% YoY	N/A	133.1M 18.21% YoY	128.2M 11.97% YoY	113.9M -0.9% YoY

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