IP Strategy Holdings, Inc. (IPST)
Nasdaq: IPST · Beverages · Gig Harbor, WA · filing with the SEC since 2019
Income statement, as filed
In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
| Report filed | Apr 14, 2026 | Apr 28, 2025 | · |
| Revenue | 10,119,387 | 8,402,488 | 7,971,224 |
| Cost of revenue | 4,559,297 | 6,276,641 | 230,230 |
| Gross profit | 5,560,090 | 2,125,847 | 2,151,041 |
| Sales and marketing | 5,497,018 | 6,038,636 | 5,938,315 |
| General and administrative | 12,414,810 | 11,006,021 | 7,477,285 |
| Total operating expenses | 139,504,521 | 17,044,657 | 13,415,600 |
| Operating income | -133,944,431 | -14,918,810 | -11,264,559 |
| Interest expense | 1,642,234 | 2,535,701 | 2,526,740 |
| Other income (expense), net | -390,816 | -11,750 | 4,893 |
| Total non-operating income (expense) | -3,779,374 | 15,638,418 | -25,526,860 |
| Income before income taxes | -137,723,805 | 719,608 | -36,791,419 |
| Income tax expense | -8,490 | 9,150 | 7,000 |
| Net income | -137,715,315 | 710,458 | -36,798,419 |
| Net income to common shareholders | -138,190,121 | 62,813 | -36,798,419 |
| Earnings per share, basic | -16.03 | 0.98r | -1,929.00b |
| Earnings per share, diluted | -16.03 | -39.46r | -1,929.00b |
| Weighted average shares, basic | 8,619,951 | 64,066r | 19,077b |
| Weighted average shares, diluted | 8,619,951 | 353,887r | 19,077b |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 1-for-20 reverse split of Apr 2026.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:RevenuesCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfRevenue
us-gaap:CostOfGoodsAndServicesSoldGross profit revenue less the cost of what it sold
us-gaap:GrossProfitSales and marketing the cost of finding and serving customers
us-gaap:SellingAndMarketingExpenseGeneral and administrative the cost of running the company itself
us-gaap:GeneralAndAdministrativeExpenseTotal operating expenses the running costs together
us-gaap:OperatingExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseNonoperatingOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseTotal non-operating income (expense) everything outside the business, together
us-gaap:NonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding