Koss Corp. Releases First Quarter Results - Seite 2

KOSS CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited)
	Three Months Ended
	September 30
	2020				2019
Net sales	$	5,208,295			$	5,410,762
Cost of goods sold		3,572,067				4,063,308
Gross profit		1,636,228				1,347,454
Selling, general and administrative expenses		1,505,772				1,664,600
Income (loss) from operations		130,456				(317,146	)
Interest (expense) income		(2,051	)			6,397
Income (loss) before income tax provision		128,405				(310,749	)
Income tax provision		1,477				—
Net income (loss)	$	126,928			$	(310,749	)
Income (loss) per common share:
Basic	$	0.02			$	(0.04	)
Diluted	$	0.02			$	(0.04	)
Weighted-average number of shares:
Basic		7,404,831				7,404,831
Diluted		7,408,685				7,404,831