v3.24.1.1.u2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]        
Revenues $ 17,159,595 $ 16,073,397 $ 34,037,761 $ 28,043,639
Cost of revenues 10,220,179 8,734,916 20,015,946 15,662,543
Gross profit 6,939,416 7,338,481 14,021,815 12,381,096
Operating expenses        
General and administrative 7,020,157 5,318,267 13,992,123 10,482,605
Research and development 951,400 1,615,341 1,800,205 3,445,054
Total operating expenses 7,971,557 6,933,608 15,792,328 13,927,659
Operating (loss)/income (1,032,141) 404,873 (1,770,513) (1,546,563)
Other (expense)/income        
Other income/(expense), net 144,765 376,504 223,176 359,421
Interest expense (592,804) (1,335,138) (1,176,487) (2,463,372)
Total other (expense)/income, net (448,039) (958,634) (953,311) (2,103,951)
Net loss before income taxes (1,480,180) (553,761) (2,723,824) (3,650,514)
Income tax expense (100,004) (170,755)
Loss from Continuing operations (1,580,184) (553,761) (2,894,579) (3,650,514)
Income/(loss) from discontinued operations, net of tax 10,463 14,232 20,955 (3,225,389)
Net loss (1,569,721) (539,529) (2,873,624) (6,875,903)
Less (loss)/income in noncontrolling interest (96,510) 55,265 (192,919) (3,898)
Net loss attributable to Cemtrex, Inc. stockholders $ (1,473,211) $ (594,794) $ (2,680,705) $ (6,872,005)
(Loss)/income per share - Basic & Diluted        
Continuing Operations Income Loss per share - Basic $ (1.46) $ (0.82) $ (2.62) $ (4.70)
Continuing Operations Income Loss per share - Diluted (1.46) (0.82) (2.62) (4.70)
Discontinued Operations Income Loss per share - Basic 0.01 0.02 0.02 (4.09)
Discontinued Operations Income Loss per share - Diluted $ 0.01 $ 0.02 $ 0.02 $ (4.09)
Weighted Average Number of Shares - Basic 1,055,636 815,498 1,051,630 788,265
Weighted Average Number of Shares - Diluted 1,055,636 815,498 1,051,630 788,265

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