AERC Income Statement
| Period Ending: |
LTM
(Last Twelve Months) |
2022 12-31 |
2021 12-31 |
2020 12-31 |
2019 12-31 |
|---|---|---|---|---|---|
| Report Filing: | 2023-03-31 | 2022-04-01 | 2020-12-31 | 2019-12-31 | |
| Revenue | 227186 | 616511 | 0 | 0 | |
| Cost of Revenue | 112558 | 338896 | 0 | 0 | |
| Gross Profit | 114628 | 277615 | 0 | 0 | |
| Operating Expenses | 17407813 | 8521360 | 3323081 | 152718 | |
| Research & Development | 1954552 | 4193362 | 2191696 | 82970 | |
| Selling, General and Administrative | 15453261 | 4327998 | 1131385 | 69748 | |
| Other Operating Expenses | 0 | 0 | 0 | 0 | |
| Operating Income | -17293185 | -8243745 | -3323081 | -152718 | |
| Net Interest(Non Operating) | 10623000 | 0 | 0 | 0 | |
| Interest Income | 0 | 0 | 0 | 0 | |
| Interest Expense | -10623000 | 0 | 0 | 0 | |
| Equity & Other Income/(Expense) | 0 | 0 | 0 | 0 | |
| Income Before Tax | -6670185 | -8243745 | -3323081 | -152718 | |
| Income Tax Expense | -501254 | -320138 | 0 | 0 | |
| Income Attributable to Non-Controlling Interest | 0 | 0 | 0 | 0 | |
| Net Income | -6168931 | -7923607 | -3323081 | -152718 | |
| Depreciation and Amortization | 0 | 79646 | 0 | 0 | |
| EBITDA | -17293185 | -8164099 | -3323081 | -152718 | |
| Earnings Per Share (EPS) | -0.42 | -0.57 | -0.24 | -0.011 | |
| Diluted Earnings Per Share | -0.42 | -0.57 | -0.24 | -0.011 | |
| Weighted Average Shares Outstanding | 14676369 | 13863636 | 13863636 | 13863636 | |
| Diluted Weighted Average Shares Outstanding | 14676369 | 13863636 | 13863636 | 13863636 |
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