v3.23.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Revenues $ 14,730,140 $ 12,108,904 $ 42,773,779 $ 33,268,316
Cost of revenues 8,249,497 7,068,797 23,914,249 21,236,178
Gross profit 6,480,643 5,040,107 18,859,530 12,032,138
Operating expenses        
General and administrative 5,376,960 5,381,529 16,456,602 16,095,373
Research and development 1,049,909 1,189,875 3,895,717 3,660,883
Total operating expenses 6,426,869 6,571,404 20,352,319 19,756,256
Operating income/(loss) 53,774 (1,531,297) (1,492,789) (7,724,118)
Other income/(expense)        
Other income 34,652 2,315,500 394,073 3,336,560
Interest expense (1,254,185) (925,545) (3,717,557) (3,641,432)
Total other (expense)/income, net (1,219,533) 1,389,955 (3,323,484) (304,872)
Net loss before income taxes (1,165,759) (141,342) (4,816,273) (8,028,990)
Income tax benefit/(expense) (19,641) 247,941 (19,641) 247,941
(Loss)/income from Continuing operations (1,185,400) 106,599 (4,835,914) (7,781,049)
Income/(loss) from discontinued operations, net of tax 13,281 (838,301) (3,212,108) (2,282,399)
Net loss (1,172,119) (731,702) (8,048,022) (10,063,448)
Less loss in noncontrolling interest (25,595) (50,909) (29,493) (183,457)
Net loss attributable to Cemtrex, Inc. shareholders $ (1,146,524) $ (680,793) $ (8,018,529) $ (9,879,991)
Income (loss) per share - Basic & Diluted        
Continuing Operations Income (loss) per share - basic $ (1.29) $ 0.21 $ (5.83) $ (10.94)
Continuing Operations Income (loss) per share - diluted (1.29) 0.21 (5.83) (10.94)
Discontinued Operations Income (loss) per share - basic 0.01 (1.14) (3.89) (3.29)
Discontinued Operations Income (loss) per share - diluted $ 0.01 $ (1.14) $ (3.89) $ (3.29)
Weighted Average Number of Shares - Basic 897,897 736,506 824,689 694,758
Weighted Average Number of Shares - Diluted 897,897 736,506 824,689 694,758

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