Know Labs, Inc. Reports Fourth Quarter and Fiscal Year 2024 Results [Yahoo! Finance]
Know Labs, Inc. (KNW)
Company Research
Source: Yahoo! Finance
reported financial results for the fourth quarter and fiscal year ended September 30, 2024. Financial Highlights: Know Labs reported a net loss of $16.58 million dollars in FY2024, compared to a net loss of $15.29 million dollars in FY2023, an increase in net loss of 8.4%. This translates to Earnings Per Share of a loss of $0.20, better than FY2023 Earnings Per Share Loss of $0.41, an improvement of 51%, before preferred stock dividends. In FY2024, recorded a non-cash charge to earnings of $4.93 million, compared to $4.77 million FY2023. The non-cash items include (i) depreciation and amortization of $81,000; (ii) stock based compensation-stock options of $2,958,000; (iii) issuance of common stock for services of $277,000; (iv) amortization of operating lease right-of-use asset of $189,000; amortization of debt issuance costs of $831,000; and (v) interest expense for extension of notes and warrants of $594,000. Research and development expense for FY2024 was $6.11 million doll
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News
- Know Labs Provides Overview of FY2024 10-K Annual Report [Yahoo! Finance]Yahoo! Finance
- Know Labs Provides Overview of FY2024 10-K Annual ReportBusiness Wire
- Know Labs, Inc. Announces Receipt of Audit Opinion with Going Concern Explanation [Yahoo! Finance]Yahoo! Finance
- Know Labs, Inc. Announces Receipt of Audit Opinion with Going Concern ExplanationBusiness Wire
- Know Labs, Inc. Reports Fourth Quarter and Fiscal Year 2024 ResultsBusiness Wire
KNW
Earnings
- 2/14/24 - Miss
KNW
Sec Filings
- 11/14/24 - Form 10-K
- 10/31/24 - Form 4/A
- 10/30/24 - Form 8-K
- KNW's page on the SEC website