TLCC · As filed with the SEC
Twinlab Consolidated Holdings income statement, by fiscal year
The statement as Twinlab Consolidated Holdings 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 thousands, except per-share amounts
| USD thousands, except per-share amounts | FY2024 Year ended Dec 31, 2024 | FY2022 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Dec 31, 2021 |
|---|---|---|---|---|
| Net sales | 11,665 | 13,617 | 52,584 | 72,089 |
| Cost of sales | 7,740 | 8,605 | 38,240 | 55,511 |
| Gross profit | 3,925 | 5,012 | 14,344 | 16,578 |
| Operating costs and expenses: | ||||
| Selling expenses | 459 | 1,161 | 3,166 | 3,416 |
| General and administrative expenses | 5,242 | 5,240 | 12,809 | 9,736 |
| Impairment of goodwill and intangible assets | — | 0 | 340 | 11,118 |
| Loss from operations | (1,776) | (1,389) | (1,971) | (7,692) |
| Other income (expense): | ||||
| Interest expense, net | — | (8,271) | (7,902) | (8,611) |
| Gain on change in derivative liabilities | — | — | — | 0 |
| Interest expense, net | (7,996) | — | — | — |
| Other income, net | 8 | 41 | 1,676 | 1,376 |
| Total other expense | (7,988) | (8,230) | (6,226) | (7,235) |
| Loss before income taxes | (9,764) | (9,619) | (8,197) | (14,927) |
| Provision for income taxes | (43) | (43) | (25) | (13) |
| Net loss from continuing operations | (9,807) | (9,662) | — | — |
| Net income (loss) from discontinued operations, net of income taxes | 308 | (4,052) | — | — |
| Total net loss | (9,499) | (13,714) | (8,222) | (14,940) |
| Net loss from continuing operation per share of common stock | ||||
| Basic earning per share | (0.03) | (0.04) | — | — |
| Diluted earning per share | (0.03) | (0.04) | — | — |
| Net loss from discontinuing operation per share of common stock | ||||
| Basic earning per share | (0.01) | (0.01) | — | — |
| Diluted earning per share | (0.01) | (0.01) | — | — |
| Weighted average number of common shares outstanding - basic (in shares) | 259,092,833 | 259,092,833 | 259,092,833 | 258,837,701 |
| Net loss per common share - basic (in dollars per share) | (0.04) | (0.05) | (0.03) | (0.06) |
| Weighted average number of common shares outstanding - diluted (in shares) | 259,092,833 | 259,092,833 | 259,092,833 | 258,837,701 |
| Net loss per common share - diluted (See Note 2) (in dollars per share) | (0.04) | (0.05) | (0.03) | (0.06) |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.