v3.25.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]        
Revenues $ 27,250,269 $ 17,159,595 $ 40,990,168 $ 34,037,761
Cost of revenues 15,084,814 10,220,179 23,122,777 20,015,946
Gross profit 12,165,455 6,939,416 17,867,391 14,021,815
Operating expenses        
General and administrative 6,770,742 7,020,157 13,864,031 13,992,123
Research and development 777,889 951,400 1,667,972 1,800,205
Total operating expenses 7,548,631 7,971,557 15,532,003 15,792,328
Operating income/(loss) 4,616,824 (1,032,141) 2,335,388 (1,770,513)
Other (expense)/income        
Other income, net (150,165) 144,765 (115,192) 223,176
Interest expense (452,998) (592,804) (936,911) (1,176,487)
Loss on exercise of warrant liabilities (15,796,105)
Changes in fair value of warrant liability 4,707,374 (5,312,838)
Total other income/(expense), net 4,104,211 (448,039) (22,161,046) (953,311)
Net income/(loss) before income taxes 8,721,035 (1,480,180) (19,825,658) (2,723,824)
Income tax expense 110,525 100,004 231,063 170,755
Income/(loss) from Continuing operations 8,610,510 (1,580,184) (20,056,721) (2,894,579)
Income/(loss) from discontinued operations, net of tax 26,969 10,463 (240,319) 20,955
Net income/(loss) 8,637,479 (1,569,721) (20,297,040) (2,873,624)
Less net income/(loss) in noncontrolling interest 254,537 (96,510) 74,385 (192,919)
Net income/(loss) attributable to Cemtrex, Inc. stockholders $ 8,382,942 $ (1,473,211) $ (20,371,425) $ (2,680,705)
Income/(loss) per share - Basic & Diluted        
Continuing Operations Income/(loss) per share - Basic $ 4.10 $ (3,054.05) $ (10.62) $ (5,497.36)
Continuing Operations Income/(loss) per share - Diluted 4.10 (3,054.05) (10.62) (5,497.36)
Discontinued Operations Income/(loss) per share - Basic 0.01 20.80 (0.13) 41.83
Discontinued Operations Income/(loss) per share - Diluted $ 0.01 $ 20.80 $ (0.13) $ 41.83
Weighted Average Number of Shares - Basic 2,032,744 503 1,897,797 501
Weighted Average Number of Shares - Diluted 2,032,744 503 1,897,797 501

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