ECDA · As filed with the SEC
ECD Automotive Design income statement, by fiscal year
The statement as ECD Automotive Design presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Consolidated Statements of Operations · USD, except per-share amounts
| USD, except per-share amounts | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 |
|---|---|---|---|
| Revenue, net | 25,165,733 | 15,123,596 | 12,343,745 |
| Cost of goods sold (exclusive of depreciation and amortization expense shown below) | 19,277,786 | 10,874,358 | 10,648,868 |
| Gross profit | 5,887,947 | 4,249,238 | 1,694,877 |
| Operating expenses | |||
| Sales and marketing expenses | — | 487,586 | 299,388 |
| Advertising and marketing expenses | 1,171,696 | — | — |
| General and administrative expenses | 9,106,716 | 5,240,230 | 3,285,140 |
| Provision for credit losses | 31,484 | — | — |
| Depreciation and amortization expenses | 126,791 | 156,962 | 72,303 |
| Total operating expenses | 10,436,687 | 5,884,778 | 3,656,831 |
| Loss from operations | (4,548,740) | (1,635,006) | (1,961,954) |
| Interest expense | — | (653,429) | (19,000) |
| Loss on sale of asset | — | — | (56,454) |
| Resale commissions income | — | 86,370 | 539,659 |
| Other (expense) income | |||
| Interest expense | (5,270,404) | — | — |
| Change in fair value of warrant liabilities | (433,725) | — | — |
| Change in fair value of conversion option liabilities | (204,487) | — | — |
| Gain on forgiveness of payable | 319,900 | — | — |
| Resale commissions income | 134,600 | — | — |
| FX exchange gain (loss) | (48,071) | — | — |
| Other income, net | 117,531 | 85,142 | 38,699 |
| Total (expense) income, net | (5,384,656) | (481,917) | 502,904 |
| Loss before income tax benefit | (9,933,396) | (2,117,457) | (1,459,050) |
| Income tax (expense) benefit | (838,055) | 515,444 | — |
| Net Loss | (10,771,451) | (1,602,013) | (1,459,050) |
| Net loss per common share, basic (in Dollars per share) | (0.32) | (0.09) | (0.06) |
| Weighted average number of common shares outstanding, basic (in Shares) | — | 24,875,667 | 24,000,000 |
| Net loss per common share diluted (in Dollars per share) | (0.32) | — | — |
| Weighted average number of common shares outstanding, basic (in Shares) | 33,505,605 | — | — |
| Weighted average number of common shares outstanding diluted (in Shares) | 33,505,605 | — | — |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.