Report Date: December 31, 2023

Income Statement

Revenue ItemsAmount (USD)Description
Sales Revenue21,350,000Revenue generated from the company’s sales activities.
Licensing Revenue500,000Revenue generated from product licenses.
Subscription Revenue300,000Revenue generated from service subscriptions.
Total Revenue22,150,000Sum of all revenue items.

Expense Statement

Expense ItemsAmount (USD)Description
Sales and Marketing9,000,000Costs related to product promotion, advertising, and marketing.
Personnel Expenses5,800,000Employee salaries, insurance, and other personnel expenses.
General and Administrative3,200,000Office rent, office supplies, management salaries, etc.
Total Expenses18,000,000Sum of all expense items.

Profit/Loss Statement

ItemsAmount (USD)Description
Total Revenue22,150,000Sum of all revenue items.
Total Expenses(18,000,000)Sum of all expense items.
Net Profit4,150,000Profit obtained after subtracting total expenses from total revenue.

Balance Sheet

Asset ItemsAmount (USD)Description
Cash and Equivalents8,500,000Cash and cash equivalents held in the company’s bank accounts.
Accounts Receivable5,000,000Outstanding receivables from sales yet to be collected.
InventoriesNo inventories due to absence of production.
Other Assets4,500,000Total value of other assets.
Total Assets18,000,000Sum of all asset items.
Liabilities and Equity ItemsAmount (USD)Description
Short-term Liabilities4,000,000Debts due within one year.
Long-term Liabilities6,500,000Debts due beyond one year.
Equity7,500,000Remaining value of assets after deducting liabilities.
Total Liabilities and Equity18,000,000Sum of all liabilities and equity items.