7Baggers
Quarterly
Annual
    Unit: USD2024-12-31 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-06-30 2020-03-31 2019-12-31 2011-06-30 2010-09-30 2010-06-30 2010-03-31 2009-12-31 2009-09-30 2009-03-31 2008-09-30 2008-06-30 2008-03-31 
      
    		                           
      revenue
    		                           
      operating expenses
    		                           
      general and administrative
    		 2,157,745 2,077,884 1,609,142 1,596,818 1,865,929 2,112,901 2,023,937 1,439,684 1,913,564 2,071,798 1,763,060 1,515,899 1,782,860 2,028,667 1,936,755  1,480,471 1,942,132 2,543,647 2,372,263 6,271,565 1,550,994 1,037,495 2,478,894 1,597,941 1,519,046 
      research and development
    		 1,023,823 555,215 552,751 366,855 448,044 68,648 172,871 165,476 262,823 284,102 439,630 273,314 369,450 115,776 389,824            
      total operating expenses
    		 3,181,568 2,633,099 2,161,893 1,963,673 2,313,973 2,181,549 2,196,808 1,605,160 2,176,387 2,380,840 2,202,690 1,789,213 2,152,310 2,144,443 2,326,579  2,019,626 2,504,915 2,701,884 2,577,006 2,157,346.75 3,011,209 2,716,486 4,075,501 3,176,105 3,013,510 
      other operating income
    		                           
      contributed services - research and development
    		     31,028 94,423 71,335 83,501                   
      total other operating income
    		     31,028 94,423 71,335 83,501 123,353 77,571 288,884 177,794 103,319              
      operating income
    		 -3,181,568 -1,602,127.75 -2,161,893 -1,963,673  -1,425,041.5 -2,125,473 -1,521,659  -1,393,554.25 -1,913,806 -1,611,419  -2,144,443 -2,326,579   -1,710,336 -2,002,497 -1,683,364 -1,293,054.25 -2,291,213 -1,520,951 808,690 -611,167 -846,389 
      yoy
    		  12.43% 1.71% 29.05%  2.26% 11.06% -5.57%  -35.02% -17.74%   25.38% 16.18%   -25.35% 31.66% -308.16% 111.57% 170.70%     
      qoq
    		 98.58% -25.89% 10.09%   -32.95% 39.68%   -27.18% 18.77%   -7.83%    -14.59% 18.96% 30.19% -43.56% 50.64% -288.08% -232.32% -27.79%  
      operating margin %
    		                           
      other income
    		                 291          
      interest income
    		 361,984 263,085 322,065 291,449 256,365 178,970 87,943 19,017 3,505 1,944 1,551 1,322 3,309 12,337 62,493   3,809 896 152 5,429.25 5,197 3,028 19,113 53,898  
      total other income
    		 361,984 263,085 322,065 291,449 256,365 178,970 87,943 19,017 3,505 1,944 1,551 1,322 37,003 12,337 62,493            
      net income before income taxes
    		 -2,819,584 -2,370,014 -1,839,828 -1,672,224 -2,026,580 -1,908,156 -2,037,530 -1,502,642 -2,049,529 -2,301,325 -1,912,255 -1,610,097 -2,011,988  -2,264,086  -1,161,932 -1,670,964 -2,003,585 -1,683,758   -1,522,461 827,803 -996,019 -757,107 
      income taxes
    		                 0 0 0 0  0 0 -24,799 1,111 30,828 
      net income
    		 -2,819,584 -2,370,014 -1,839,828 -1,672,224 -2,026,580 -1,908,156 -2,037,530 -1,502,642 -2,049,529 -2,301,325 -1,912,255 -1,610,097 -2,011,988 -2,132,106 -2,264,086  -1,161,932 -1,670,964 -2,003,585 -1,683,758 -1,289,083.5 -2,286,923 -1,522,461 852,602 -997,130 -787,935 
      yoy
    		 39.13% 24.20% -9.70% 11.29% -1.12% -17.08% 6.55% -6.67% 1.87% 7.94% -15.54%  73.16% 27.60% 13.00%  -9.86% -26.93% 31.60% -297.48% 29.28% 190.24%     
      qoq
    		 18.97% 28.82% 10.02% -17.49% 6.21% -6.35% 35.60% -26.68% -10.94% 20.35% 18.77% -19.97% -5.63% -5.83%   -30.46% -16.60% 18.99% 30.62% -43.63% 50.21% -278.57% -185.51% 26.55%  
      net income margin %
    		                           
      net income per common share
    		                           
      basic and diluted
    		 -0.21 -0.18 -0.15 -0.14 -0.17   -0.14 -0.2    -0.33  -0.74            
      weighted-average number of common shares outstanding
    		14,487,834 13,491,954 12,099,574   11,673,736 10,834,574 11,085,657   7,035,510 6,759,662 6,595,483 6,589,392 3,486,566 3,294,998 3,107,580           
      weighted-average number of common shares outstanding
    		14,487,834 13,491,954 12,099,574   11,673,736 10,834,574 11,085,657   7,035,510 6,759,662 6,595,483 6,589,392 3,486,566 3,294,998 3,107,580           
      basic and diluted
    		   12,252,342 11,773,594    10,523,238                   
      the accompanying notes are an integral part of these unaudited condensed consolidated financial statements.
    		                           
      total operating income
    		     -2,282,945    -2,053,034    -2,048,991              
      distribution from joint venture
    		          9,641  110,000               
      foreign currency transaction gain
    		                           
      accumulated preferred stock dividend
    		          -78,153 -135,091 -133,313 -131,434 -128,238 -125,911            
      deemed additional dividend on preferred stock dividend due to the beneficial conversion feature
    		          -43,802.75 -59,314 -58,408 -57,489              
      net income attributable to common stockholders
    		      -1,397,425.25 -2,037,530 -1,502,642  -1,527,347.25 -2,106,660 -1,801,818  -2,315,638 -2,444,314            
      net income per common share, basic and diluted
    		      -0.133 -0.18   -0.23 -0.31 -0.27     -0.09 -0.14 -0.19 -0.17 -0.128 -0.23 -0.01 0 0 0 
      additional deemed dividend on preferred stock due to the beneficial conversion feature
    		                           
      contributed services – research and development
    		         123,353                  
      net income attributable to common shareholders
    		         -2,049,529    -2,200,911              
      weighted-average number of common shares outstanding – basic and diluted
    		         10,283,280                  
      grant income
    		          114,999.25 288,884 67,794 103,319              
      foreign transaction gain
    		             33,694              
      other operating income and
    		                           
      other income from joint venture
    		                           
      equity in income from joint venture
    		                           
      total other operating income and
    		                           
      income before income taxes
    		              -2,132,106             
      deemed additional dividend on preferred stock dividend due the beneficial conversion feature
    		              -55,294             
      net income per common share basic and diluted
    		              -0.66             
      deemed additional dividend on preferred stock dividend due to beneficial conversion feature
    		               -54,317            
      net income per common share,
    		                           
      basic and diluted
    		 -0.21 -0.18 -0.15 -0.14 -0.17   -0.14 -0.2    -0.33  -0.74            
      revenue:
    		                           
      consulting revenue
    		                 2,292,549 2,050,456 1,962,295 2,399,132 2,096,021.5 2,009,548 2,944,053 6,746,500 4,301,500 3,815,125 
      cost of consulting services provided
    		                 1,575,624 1,255,877 1,262,908 1,505,490 1,231,729 1,289,552 1,748,518 1,862,309 1,736,562 1,648,004 
      gross margin
    		                 716,925 794,579 699,387 893,642 864,292.5 719,996 1,195,535 4,884,191 2,564,938 2,167,121 
      yoy
    		                 -17.05% 10.36% -41.50% -81.70% -66.30% -66.78%     
      qoq
    		                 -9.77% 13.61% -21.74% 3.40% 20.04% -39.78% -75.52% 90.42% 18.36%  
      gross margin %
    		                           
      research and development expenses
    		                 539,155 562,783 158,237 204,743 294,247 325,044 453,805 211,779 154,788 130,661 
      other income and
    		                           
      investment income
    		                 140,478          
      total other income and
    		                 140,769          
      weighted-average number of shares outstanding
    		                 12,362,929          
      other
    		                  35,563 -1,984        
      total other income and expenses
    		                  39,372 -1,088 -394 3,970.75 4,290 -1,510 19,113 -384,852 89,282 
      weighted-average number of shares outstanding for the period used to compute per share data -
    		                  11,703,932 10,296,694   10,140,767     
      other incomes
    		                    -546       
      weighted-average number of shares outstanding for the period used to compute per share data
    		                    10,168,412   301,667,403 299,615,349 299,366,947 299,064,014 
      general and administrative - stock-based compensation
    		                     916,741 1,135,171     
      realized loss on marketable securities
    		                      0   -438,750  
      foreign currency transaction loss
    		                     -1,458.5 -907     
      net income ( loss) before income taxes
    		                     -1,289,083.5 -2,286,923     
      other comprehensive income
    		                           
      unrealized gain on marketable securities
    		                      0     
      total comprehensive income
    		                     -1,289,083.5 -2,286,923  1,289,836   
      stock-based compensation
    		                       1,225,186 1,384,828 1,423,376 1,363,803 
      other income and expenses
    		                       -4,538    
      unrealized loss on marketable securities
    		                       0    
      total comprehensive loss
    		                       -1,522,461  -899,750 -888,830 
      other comprehensive income unrealized gain marketable securities
    		                        437,234   
      total revenue
    		                         4,301,500 3,815,125 
      unrealized gain marketable securities
    		                         128,208 -131,723 
      interest income/expense, other
    		                          89,282 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.