Name: ScanTech AI Systems Inc. (STAI) Financial Statements
Creator: FinSpry

ScanTech AI Systems Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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ScanTech AI Systems Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Revenue & Gross Profit
Revenue	0.54	0.00	0.00	0.00
Cost of Revenue	0.45	0.00	0.00	0.00
Gross Profit	0.09	0.00	0.00	0.00
Operating Expenses
Research & Development	3.40	3.24	2.89	2.55
Selling, General & Administrative	5.58	6.28	1.50	1.26
Operating Expenses	9.01	9.56	4.45	3.87
Operating Income	-8.92	-9.56	-4.45	-3.87
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00
Interest Expense	-12.36	10.25	-8.68	7.03
Other Income/Expense	-1.78	-15.72	-2.16	-0.86
Income
Income Before Tax	-23.07	-35.53	-15.28	-11.76
Income Tax Expense	0.00	0.00	0.00	0.00
Net Income	-23.07	-35.53	-15.28	-11.76
Net Income - Continuous Operations	-23.07	-35.53	-15.28	-11.76
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00
EBITDA	-8.89	-25.25	-4.40	-4.67
EBIT	-8.92	-25.28	-4.45	-4.73
Depreciation & Amortization	0.03	0.04	0.05	0.06
Earnings Per Share
Basic EPS	-23.00	-38.00	-16.00	-13.00
Diluted EPS	-23.00	-38.00	-16.00	-13.00
Basic Shares Outstanding	1.09	0.94	0.94	0.94
Diluted Shares Outstanding	1.09	0.94	0.94	0.94