All individual numbers are from the SEC provided Financial Statement and Notes Data Sets. No guarantee is made for their accuracy. This report only shows the values that are common to a significant number of companies.
ISPIRE TECHNOLOGY INC. Last Reported: 5/31/2024 Stock Symbol: ISPR

Business Address

19700 MAGELLAN DRIVE

LOS ANGELES , CA US 90502

Mailing Address

19700 MAGELLAN DRIVE

LOS ANGELES , CA US 90502
Phone Number: 310-742-9975 / State Incorporated: / Fiscal Year End 6 /30

Balance Sheet

Date 3/31/2024 12/31/2023 6/30/2023 3/31/2023 6/30/2022 3/31/2022 6/30/2021
Cash and Cash Equivalents $39,453,727.00 -- -- $24,035,608.00 $74,480,651.00 -- --
Accounts Receivable Net Current $47,732,178.00 $45,454,998.00 $24,526,262.00 $15,412,769.00 $8,260,574.00 -- --
Inventory $9,813,782.00 $7,548,086.00 $7,472,108.00 $14,237,162.00 $14,580,557.00 -- --
Prepaid Expenses and Other Current Assets $1,652,850.00 $3,183,215.00 $3,378,617.00 $290,616.00 $192,499.00 -- --
Total Current Assets $98,652,537.00 $83,007,768.00 $84,811,267.00 $63,580,573.00 $99,449,136.00 -- --
Property Plant and Equipement $2,166,563.00 $2,148,206.00 $1,088,131.00 $588,213.00 $114,025.00 -- --
Intangible Assets Net -- -- -- $72,714,652.00 -- -- --
Goodwill -- -- -- -- -- -- --
Other Assets $9,496,679.00 $7,572,387.00 $5,882,082.00 $78,383,636.00 $1,285,929.00 -- --
Total Assets $108,149,216.00 $90,580,155.00 $90,693,349.00 $141,964,209.00 $100,735,065.00 -- --
Accounts Payable $3,667,581.00 $5,972,530.00 $1,274,391.00 $178,140.00 $290,541.00 -- --
Accrued Liabilities $1,000,000.00 $80,175.00 $35,850.00 -- -- -- --
Total Current Liabilities $72,473,617.00 $61,592,891.00 $59,318,416.00 $62,010,601.00 $88,968,322.00 -- --
Long Term Debt -- -- -- -- -- -- --
Additional Paid-in Capital -- -- -- -- -- -- --
Accumulated Other Comprehensive Loss $5,810.00 $-4,978.00 -- -- -- -- --
Accumulated Deficit $-5,498,886.00 $450,865.00 $5,847,804.00 $5,888,631.00 $11,946,407.00 -- --
Total Stockholders' Equity $35,675,599.00 $28,987,264.00 $31,374,933.00 $79,953,608.00 $11,766,743.00 $13,965,340.00 $13,757,981.00
Controlling Interest in Subsidiaries -- -- -- -- -- -- --
Total Liabilities and Equity $108,149,216.00 $90,580,155.00 $90,693,349.00 $141,964,209.00 $100,735,065.00 -- --

Statement of Operations

Date 3/31/2024 12/31/2023 6/30/2023 3/31/2023 6/30/2022 3/31/2022 6/30/2021
Total Revenues $30,015,036.00 $41,685,561.00 $115,605,536.00 $82,976,746.00 -- $19,014,149.00 --
Cost of Revenues $23,893,083.00 $71,285,710.00 $94,529,769.00 $68,525,866.00 -- $55,959,959.00 --
Gross Profit $19,219,699.00 $6,376,206.00 $21,075,767.00 $14,450,880.00 -- $2,975,724.00 --
Research and Development $163,764.00 $27,629.00 -- -- -- -- --
Selling, General, and Administrative -- -- -- -- -- -- --
Total Operating Expenses $29,761,531.00 $18,126,407.00 $25,644,901.00 $19,590,597.00 -- $3,871,403.00 --
Loss from Operations $-5,679,923.00 $-4,861,909.00 $-4,569,134.00 $-5,139,717.00 -- $888,105.00 --
Loss Before Income Taxes $-10,242,980.00 $-4,548,714.00 $-4,853,300.00 -- -- -- --
Earnings Per Share Basic $-0.11 $-0.10 $-0.12 $-0.06 -- $-0.02 --
Weighted Average Shares Basic 54,347,729 54,258,224 50,725,814 50,000,000 -- 50,000,000 --
Earnings Per Share Diluted $-0.11 $-0.10 $-0.12 $-0.12 -- $0.01 --
Weighted Average Shares Diluted 54,347,729 54,270,236 50,725,814 50,000,000 -- 50,000,000 --
Common Stock Shares Authorized 140,000,000 140,000,000 140,000,000 140,000,000 140,000,000 -- --
Common Stock Shares Outstanding 56,329,396 54,279,396 54,222,420 50,000,000 50,000,000 -- --
Common Stock Value $5,633.00 $5,428.00 $5,422.00 $5,000.00 $5,000.00 -- --
Common Stock Par Or Stated Value Per Share $0.00 $0.00 $0.00 $0.00 $0.00 -- --
Payments Of Dividends Common Stock -- -- $3,362,639.00 $3,362,639.00 -- -- --
Preferred Stock Shares Authorized 10,000,000 10,000,000 10,000,000 10,000,000 10,000,000 -- --
Preferred Stock Shares Outstanding -- -- -- -- -- -- --
Preferred Stock Value -- -- -- -- -- -- --
Preferred Stock Par Or Stated Value Per Share $0.00 $0.00 $0.00 $0.00 $0.00 -- --
Share Price -- -- -- -- -- -- --
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