$MITQ Income Statement | Understand Stock

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$MITQ

$0.60 -$0.01 (1.99%)

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Income Statement Balance Sheet Cashflow Statement

Income Statement

Concept	2025	2024	2023	2022	2021
Revenue	$18.15M -9.89% YoY	$20.14M -0.34% YoY	$20.21M 10.11% YoY	$18.35M 153.22% YoY	$7.247M -55.72% YoY
Cost Of Revenue	$13.57M -12.18% YoY	$15.46M 3.75% YoY	$14.90M 7.25% YoY	$13.89M 149.91% YoY	$5.558M -53.81% YoY
Gross Profit	$4.573M -2.35% YoY	$4.683M -11.81% YoY	$5.310M 19.03% YoY	$4.461M 164.12% YoY	$1.689M -61.03% YoY
Selling, General & Admin	$5.456M -8.5% YoY	$5.963M -1.76% YoY	$6.070M 1.42% YoY	$5.985M 104.34% YoY	$2.929M -37.87% YoY
Research & Development	$203.0K -26.71% YoY	$277.0K 6.13% YoY	$261.0K 9.66% YoY	$238.0K 56.58% YoY	$152.0K -36.67% YoY
Depreciation & Amortization	$13.00K 8.33% YoY	$12.00K 33.33% YoY	$9.000K -52.63% YoY	$19.00K -91.63% YoY	$227.0K 6.07% YoY
Operating Expenses	$5.659M -9.31% YoY	$6.240M -14.34% YoY	$7.285M 17.07% YoY	$6.223M 95.2% YoY	$3.188M -35.65% YoY
Operating Profit	-$1.086M -30.25% YoY	-$1.557M -21.16% YoY	-$1.975M 12.09% YoY	-$1.762M 17.55% YoY	-$1.499M 141.77% YoY
Interest Expense	$138.0K -25.41% YoY	$185.0K 33.09% YoY	$139.0K -447.5% YoY	-$40.00K -83.12% YoY	-$237.0K -9.89% YoY
Other Income/Expense, Net	$138.0K -25.41% YoY	$185.0K 4.52% YoY	$177.0K -57.55% YoY	$417.0K -54.48% YoY	$916.0K N/A
Pretax Income	-$948.0K -30.9% YoY	-$1.372M -23.69% YoY	-$1.798M 33.68% YoY	-$1.345M 29.08% YoY	-$1.042M 18.01% YoY
Income Tax	$0.00 N/A	$0.00 N/A	N/A	N/A	N/A
Net Earnings	-$948.0K -30.9% YoY	-$1.372M -23.74% YoY	-$1.799M 33.75% YoY	-$1.345M 29.08% YoY	-$1.042M 18.01% YoY
Basic Earnings Per Share	-$0.10 -23.08% YoY	-$0.13 -18.75% YoY	-$0.16 23.08% YoY	-$0.13 18.18% YoY	-$0.11 N/A
Diluted Earnings Per Share	-$0.10 -23.08% YoY	-$0.13 -18.75% YoY	-$0.16 23.08% YoY	-$0.13 -100.0% YoY	-$97.97K 9.47% YoY
COMMON SHARES	N/A	N/A	N/A	N/A	N/A
Basic Shares Outstanding	9.910M -5.46% YoY	10.48M -4.03% YoY	10.92M 3.26% YoY	10.58M 87.37% YoY	5.646M N/A
Diluted Shares Outstanding	N/A	10.48M -4.03% YoY	10.92M 3.26% YoY	10.58M 87.37% YoY	5.646M N/A

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	$3.397M -4.87% YoY	$3.793M 10.23% YoY	$5.582M 6.28% YoY	$5.883M -7.34% YoY	$3.571M -8.2% YoY	$3.441M 5.39% YoY	$5.252M -20.84% YoY	$6.349M 10.03% YoY	$3.890M 3.98% YoY	$3.265M -32.58% YoY	$6.635M 13.38% YoY	$5.770M 2.61% YoY	$3.741M -35.89% YoY	$4.843M 41.65% YoY	$5.852M 68.45% YoY	$5.623M 159.01% YoY	$5.835M 241.23% YoY	$3.419M 112.49% YoY	$3.474M 97.72% YoY
Cost Of Revenue	$2.214M -11.72% YoY	$2.628M 4.91% YoY	$3.908M 0.72% YoY	$4.680M -4.88% YoY	$2.508M -21.97% YoY	$2.505M -0.04% YoY	$3.880M -19.44% YoY	$4.920M 12.59% YoY	$3.214M 19.08% YoY	$2.506M -29.03% YoY	$4.816M 12.18% YoY	$4.370M 5.38% YoY	$2.699M -39.59% YoY	$3.531M 39.95% YoY	$4.293M 56.0% YoY	$4.147M 134.03% YoY	$4.468M 245.29% YoY	$2.523M 112.37% YoY	$2.752M 111.04% YoY
Gross Profit	$1.183M 11.29% YoY	$1.165M 24.47% YoY	$1.674M 22.01% YoY	$1.203M -15.82% YoY	$1.063M 57.25% YoY	$936.0K 23.32% YoY	$1.372M -24.57% YoY	$1.429M 2.07% YoY	$676.0K -35.12% YoY	$759.0K -42.15% YoY	$1.819M 16.68% YoY	$1.400M -5.15% YoY	$1.042M -23.77% YoY	$1.312M 46.43% YoY	$1.559M 115.93% YoY	$1.476M 269.92% YoY	$1.367M 228.61% YoY	$896.0K 112.83% YoY	$722.0K 59.38% YoY
Selling, General & Admin	$1.272M -0.93% YoY	$1.526M 5.24% YoY	$1.276M -7.47% YoY	$1.330M -26.4% YoY	$1.284M 2.56% YoY	$1.450M -4.42% YoY	$1.379M 0.8% YoY	$1.807M 5.67% YoY	$1.252M -16.64% YoY	$1.517M 9.22% YoY	$1.368M -5.33% YoY	$1.710M -8.16% YoY	$1.502M 3.94% YoY	$1.389M -5.7% YoY	$1.445M 19.72% YoY	$1.862M 107.81% YoY	$1.445M 116.97% YoY	$1.473M 98.25% YoY	$1.207M 64.67% YoY
Research & Development	$45.00K -8.16% YoY	$47.00K 0.0% YoY	$48.00K -21.31% YoY	$46.00K -29.23% YoY	$49.00K -32.88% YoY	$47.00K -34.72% YoY	$61.00K -8.96% YoY	$65.00K -7.14% YoY	$73.00K 10.61% YoY	$72.00K 18.03% YoY	$67.00K 1.52% YoY	$70.00K 6.06% YoY	$66.00K 24.53% YoY	$61.00K -6.15% YoY	$66.00K 22.22% YoY	$66.00K 34.69% YoY	$53.00K 26.19% YoY	$65.00K 91.18% YoY	$54.00K 100.0% YoY
Depreciation & Amortization	N/A	$18.00K 5.88% YoY	$3.000K -25.0% YoY	$72.00K 300.0% YoY	$82.00K 2242.86% YoY	$17.00K 466.67% YoY	$4.000K 60.0% YoY	$18.00K -40.0% YoY	$3.500K -87.04% YoY	$3.000K -88.0% YoY	$2.500K 25.0% YoY	$30.00K 7.14% YoY	$27.00K 800.0% YoY	$25.00K N/A	$2.000K -84.62% YoY	$28.00K -50.0% YoY	$3.000K -90.91% YoY	$0.00 -100.0% YoY	$13.00K -61.76% YoY
Operating Expenses	$1.317M -1.2% YoY	$1.573M 5.08% YoY	$1.324M -8.06% YoY	$1.390M -26.46% YoY	$1.333M 0.6% YoY	$1.497M -5.79% YoY	$1.440M 0.35% YoY	$1.890M 4.42% YoY	$1.325M -15.5% YoY	$1.589M 9.59% YoY	$1.435M -5.03% YoY	$1.810M -6.12% YoY	$1.568M 4.67% YoY	$1.450M -5.72% YoY	$1.511M 19.83% YoY	$1.928M 104.02% YoY	$1.498M 111.58% YoY	$1.538M 97.94% YoY	$1.261M 65.92% YoY
Operating Profit	-$134.0K -50.37% YoY	-$408.0K -27.27% YoY	$350.0K -614.71% YoY	-$187.0K -59.44% YoY	-$270.0K -58.4% YoY	-$561.0K -32.41% YoY	-$68.00K -117.71% YoY	-$461.0K 12.44% YoY	-$649.0K 23.38% YoY	-$830.0K 501.45% YoY	$384.0K 700.0% YoY	-$410.0K -9.29% YoY	-$526.0K 301.53% YoY	-$138.0K -78.5% YoY	$48.00K -108.91% YoY	-$452.0K -17.22% YoY	-$131.0K -55.14% YoY	-$642.0K 80.34% YoY	-$539.0K 75.57% YoY
Interest Expense	N/A	$20.00K -41.18% YoY	$31.00K -27.91% YoY	$31.00K -31.11% YoY	$30.00K -37.5% YoY	$34.00K -5.56% YoY	$43.00K -21.82% YoY	$45.00K -55.0% YoY	$48.00K -41.46% YoY	$36.00K -80.43% YoY	$55.00K -138.46% YoY	$100.0K -5100.0% YoY	$82.00K -8300.0% YoY	$184.0K -9300.0% YoY	-$143.0K 286.49% YoY	-$2.000K -95.35% YoY	-$1.000K -99.48% YoY	-$2.000K N/A	-$37.00K N/A
Other Income/Expense, Net	$12.00K -60.0% YoY	$20.00K -41.18% YoY	$159.0K 269.77% YoY	N/A	$30.00K -37.5% YoY	$34.00K -5.56% YoY	$43.00K -21.82% YoY	N/A	$48.00K -52.94% YoY	$36.00K -80.43% YoY	$55.00K -138.46% YoY	-$60.00K -77.36% YoY	$102.0K -85.91% YoY	$184.0K -9300.0% YoY	-$143.0K 286.49% YoY	-$265.0K -157.73% YoY	$724.0K 465.63% YoY	-$2.000K -101.01% YoY	-$37.00K -54.88% YoY
Pretax Income	N/A	-$388.0K -26.38% YoY	$509.0K -2136.0% YoY	-$156.0K -62.5% YoY	-$240.0K -60.07% YoY	-$527.0K -33.63% YoY	-$25.00K -105.69% YoY	-$416.0K -68.72% YoY	-$601.0K 41.75% YoY	-$794.0K -1826.09% YoY	$439.0K -562.11% YoY	-$1.330M 84.98% YoY	-$424.0K -171.5% YoY	$46.00K -107.14% YoY	-$95.00K -83.51% YoY	-$719.0K -784.76% YoY	$593.0K -461.59% YoY	-$644.0K 310.19% YoY	-$576.0K 48.07% YoY
Income Tax	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
Net Earnings	-$122.0K -49.17% YoY	-$388.0K -26.38% YoY	$509.0K -2136.0% YoY	-$156.0K -62.5% YoY	-$240.0K -60.07% YoY	-$527.0K -33.63% YoY	-$25.00K -105.69% YoY	-$416.0K -68.72% YoY	-$601.0K 41.75% YoY	-$794.0K -1826.09% YoY	$439.0K -562.11% YoY	-$1.330M 84.98% YoY	-$424.0K -171.5% YoY	$46.00K -107.14% YoY	-$95.00K -83.54% YoY	-$719.0K -784.76% YoY	$593.0K -461.59% YoY	-$644.0K 310.19% YoY	-$577.0K 55.95% YoY
Basic Earnings Per Share	-$0.01 -50.0% YoY	-$0.04 -20.0% YoY	$0.05 N/A	N/A	-$0.02 -66.67% YoY	-$0.05 -28.57% YoY	$0.00 -100.0% YoY	N/A	-$0.06 50.0% YoY	-$0.07 N/A	$0.04 -500.0% YoY	N/A	-$0.04 -166.67% YoY	$0.00 -100.0% YoY	-$0.01 -83.33% YoY	N/A	$0.06 -300.0% YoY	-$0.06 100.0% YoY	-$0.06 N/A
Diluted Earnings Per Share	-$0.01 -50.0% YoY	-$0.04 -20.0% YoY	$0.05 N/A	-$0.02 -73.21% YoY	-$0.02 -66.67% YoY	-$0.05 -28.57% YoY	$0.00 -100.0% YoY	-$0.04 -65.85% YoY	-$0.06 50.0% YoY	-$0.07 N/A	$0.04 -500.0% YoY	-$0.12 -100.0% YoY	-$0.04 -166.67% YoY	$0.00 -100.0% YoY	-$0.01 -83.33% YoY	-$66.65K -921.66% YoY	$0.06 -300.0% YoY	-$0.06 100.0% YoY	-$0.06 N/A
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	9.945M 0.49% YoY	9.940M 0.43% YoY	9.939M 0.43% YoY	9.934M -2.47% YoY	9.897M -5.56% YoY	9.897M -7.38% YoY	9.897M -7.38% YoY	10.19M -6.67% YoY	10.48M -4.37% YoY	10.69M -2.49% YoY	10.69M -2.49% YoY	10.91M 0.79% YoY	10.96M 3.03% YoY	10.96M 3.03% YoY	10.96M 11.71% YoY	10.83M N/A	10.64M 87.7% YoY	10.64M 87.7% YoY	9.809M N/A
Diluted Shares Outstanding	9.945M 0.35% YoY	9.943M 0.46% YoY	10.23M 3.4% YoY	N/A	9.911M -5.04% YoY	9.897M -7.12% YoY	9.897M -7.38% YoY	N/A	10.44M -4.75% YoY	10.66M -2.76% YoY	10.69M -2.22% YoY	N/A	10.96M 3.01% YoY	10.96M 3.03% YoY	10.93M 11.41% YoY	N/A	10.64M 87.7% YoY	10.64M 87.7% YoY	9.809M N/A

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