Smart for Life Q1 FY23: revenue $2.4M, down 46%; diluted EPS −$5.43

Key figures from this report

These are the numbers Smart for Life reported for Q1 FY23, the quarter ended Mar 31, 2023, as tagged in the filing’s XBRL data, each against the same quarter a year earlier. A plain-English reading of this report is not written yet.

1. Revenue$2.4M−46% from $4.5M in Q1 FY2210-Q income statement, on EDGAR
2. Net income−$4.3MAgainst −$16.6M in Q1 FY2210-Q income statement, on EDGAR
3. Diluted EPS−$5.43Against −$0.82 in Q1 FY2210-Q income statement, on EDGAR
4. Cash and cash equivalents$86K−94% from $1.6M in Q1 FY2210-Q balance sheet, on EDGAR
5. Cash from operations−$379KAgainst −$4.2M in Q1 FY2210-Q cash flow statement, on EDGAR