share_log

Crown Electrokinetics | 10-Q: Q2 2024 Earnings Report

Crown Electrokinetics | 10-Q: Q2 2024 Earnings Report

Crown Electrokinetics | 10-Q：2024财年二季报
美股SEC公告 ·  2024/08/14 21:30

Moomoo AI 已提取核心信息

Crown Electrokinetics reported Q2 2024 financial results, with revenue soaring to $4.6 million, up from $37,000 in Q2 2023. The surge was primarily driven by new contracts in the Fiber Optics division. However, the company still posted a net loss of $5 million for the quarter, an improvement from the $14.5 million loss in the same period last year.The company operates in two segments: Electrokinetic Film Technology and Fiber Optics. While the Film division, focusing on smart glass technology, reported no revenue, the Fiber Optics segment generated all the reported revenue. Cost of revenue increased to $4 million, mainly due to higher compensation, subcontractor labor, and equipment costs.Crown Electrokinetics continues to invest in R&D, with expenses rising to $1.1 million in Q2 2024. The company's financial position was bolstered by drawing upon its equity line of credit, issuing 535,000 shares of common stock at an average price of $3.54 per share, resulting in net proceeds of approximately $1.9 million after the end of Q2.
Crown Electrokinetics reported Q2 2024 financial results, with revenue soaring to $4.6 million, up from $37,000 in Q2 2023. The surge was primarily driven by new contracts in the Fiber Optics division. However, the company still posted a net loss of $5 million for the quarter, an improvement from the $14.5 million loss in the same period last year.The company operates in two segments: Electrokinetic Film Technology and Fiber Optics. While the Film division, focusing on smart glass technology, reported no revenue, the Fiber Optics segment generated all the reported revenue. Cost of revenue increased to $4 million, mainly due to higher compensation, subcontractor labor, and equipment costs.Crown Electrokinetics continues to invest in R&D, with expenses rising to $1.1 million in Q2 2024. The company's financial position was bolstered by drawing upon its equity line of credit, issuing 535,000 shares of common stock at an average price of $3.54 per share, resulting in net proceeds of approximately $1.9 million after the end of Q2.
Crown Electrokinetics公布了2024年第二季度的财务结果，营业收入飙升至460万美元，高于2023年第二季度的37,000美元。这一增长主要受到光纤部门新合同的推动。然而，该公司仍在本季度出现了500万美元的净亏损，较去年同期的1,450万美元的亏损有所改善。该公司分为两个业务板块：电动薄膜科技和光纤。尽管专注于智能玻璃科技的薄膜部门没有营业收入，但光纤部门却产生了所有报告的营业收入。营业收入成本上升至400万美元，主要是由于更高的薪酬、分包商劳动力和设备成本。Crown Electrokinetics继续投资于研发，费用在2024年第二季度上升至110万美元。公司的财务状况因动用其股权信用额度、以每股平均价格3.54美元发行535,000股普通股而得到增强，导致在第二季度结束后净收入约为190万美元。
Crown Electrokinetics公布了2024年第二季度的财务结果，营业收入飙升至460万美元，高于2023年第二季度的37,000美元。这一增长主要受到光纤部门新合同的推动。然而，该公司仍在本季度出现了500万美元的净亏损，较去年同期的1,450万美元的亏损有所改善。该公司分为两个业务板块：电动薄膜科技和光纤。尽管专注于智能玻璃科技的薄膜部门没有营业收入，但光纤部门却产生了所有报告的营业收入。营业收入成本上升至400万美元，主要是由于更高的薪酬、分包商劳动力和设备成本。Crown Electrokinetics继续投资于研发，费用在2024年第二季度上升至110万美元。公司的财务状况因动用其股权信用额度、以每股平均价格3.54美元发行535,000股普通股而得到增强，导致在第二季度结束后净收入约为190万美元。
有用
没用

该公告为独立文件：

独立文件1  查看翻译

独立文件2  查看翻译

独立文件3  查看翻译

独立文件4  查看翻译

独立文件5  查看翻译

声明：本内容仅用作提供资讯及教育之目的，不构成对任何特定投资或投资策略的推荐或认可。 更多信息
    热议
    美股
    股票代码最新价涨跌幅

    暂无数据

    资讯热榜
    更新时间