Lite Strategy, Inc. (LITS)

Nasdaq: LITS · Pharmaceutical Preparations · San Diego, CA · filing with the SEC since 2003

Grade3.5

◀ Past 3.5● Present 2.5▶ Future 4.3

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in June.

Income statement, by fiscal year, newest first
Fiscal year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Jun 30, 2026	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019	Jun 30, 2018	Jun 30, 2017
Report filed	Sep 28, 2026	Sep 26, 2025	Sep 19, 2024	Sep 26, 2023	Sep 8, 2022	Sep 2, 2021	Sep 9, 2020	Aug 28, 2019	Aug 30, 2018	Sep 5, 2017
Revenue	·	0	65,297	48,816	40,697	34,796^r	27,756^r	4,915	1,622	23,249
For lenders
Interest and dividend income	267	1,026	·	·	·	·	·	·	·	·
Interest and investment income	267	1,026	3,277	3,345	284	510	1,395	1,795	591	287
Cost of revenue	·	·	·	·	0	1,408	2,671	4,263	3,383	5,000
Research and development	122	3,923	16,561	52,450	85,641	69,398	34,065	32,300	17,038	7,237
General and administrative	12,047	13,532	23,295	33,130	30,540	24,414	16,717	14,597	9,787	8,628
Total costs and expenses	66,577	17,455	50,755	85,580	116,181	95,220	53,453	51,160	30,208	20,865
Operating income	-66,577	-17,455	14,542	-36,764	-75,484	-60,424^r	-25,697^r	-46,245	-28,586	2,384
Other income (expense), net	0	-16	-41	-22	-6	486	0	0	·	·
Total non-operating income (expense)	-4,573	1,510	3,236	4,926	21,030	19,110	-21,476	·	·	·
Income before income taxes	-71,150	-15,945	17,778	-31,838	-54,454	-41,306^r	-47,172^r	-16,819	-40,068	2,670
Income tax expense	0	0	0	0	0	8	1	1	1	1
Net income including non-controlling interests	-71,150	-15,945	17,778	-31,838	-54,454	-41,314^r	-47,173^r	-16,819	-40,068	2,670
Net income	-71,150	-15,945	18,000^r	-32,000^r	-54,000^r	-41,000^r	-47,173^r	-16,819	-40,068	2,670
Net income to common shareholders	·	·	·	-31,838	-54,454	-41,314^r	-47,173^r	-16,819	-40,068	2,670
Earnings per share, basic	-2.06	-2.39	2.67	-4.78	-8.75^r	-7.40^rb	-10.40^rb	-4.80^b	-19.40^b	1.40^b
Earnings per share, diluted	-2.06	-2.39	2.67	-4.78	-9.99^r	-12.00^rb	-10.40^rb	-15.00^b	-19.40^b	1.40^b
Weighted average shares, basic	34,559,000	6,663,000	6,663,000	6,663,000	6,224,000^r	5,626,350^b	4,554,000^b	3,556,950^b	2,071,550^b	1,840,650^b
Weighted average shares, diluted	34,559,000	6,663,000	6,663,000	6,663,000	6,257,000^r	5,724,050^b	4,554,000^b	3,619,250^b	2,071,550^b	1,846,900^b

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.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 soldus-gaap:Revenues

Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterestAndDividend

Cost of revenue what it cost to make or buy what it sold

us-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfServices

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before tax

us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton LITS · research, not advice