Item 9 Labs Corp. financial data

Symbol
INLB on OTC
Industry
Dental Equipment & Supplies
Location
2111 E Highland Ave, Suite B375, Phoenix, AZ
State of incorporation
DE
Fiscal year end
September 30
Former names
AIRWARE LABS CORP. (to 4/5/2018), CROWN DYNAMICS CORP (to 1/8/2013)
Latest financial report
10-Q - Q2 2023 - Aug 21, 2023

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 6.95 % -76.3%
Quick Ratio 4.63 % -76.2%
Debt-to-equity 94.1 % +118%
Return On Equity -53.4 % -104%
Return On Assets -27.5 % -50.3%
Operating Margin -102 % -71.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 102M shares +6.33%
Common Stock, Shares, Outstanding 102M shares +6.34%
Entity Public Float 118M USD -47.9%
Common Stock, Value, Issued 11.4K USD +5.2%
Weighted Average Number of Shares Outstanding, Basic 102M shares +5.9%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 19.7M USD -17.4%
Cost of Revenue 9.89M USD -37.8%
Selling and Marketing Expense 1.55M USD -24.3%
Operating Income (Loss) -20.2M USD -41.4%
Nonoperating Income (Expense) -10.9M USD -45.6%
Income Tax Expense (Benefit) -1.44K USD -131%
Net Income (Loss) Attributable to Parent -31.1M USD -42.8%
Earnings Per Share, Basic -0.31 USD/shares 0%
Earnings Per Share, Diluted -0.31 USD/shares 0%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 85.6K USD -94.1%
Accounts Receivable, after Allowance for Credit Loss, Current 968K USD +63.7%
Inventory, Net 1.9M USD -54%
Assets, Current 3.35M USD -41.2%
Property, Plant and Equipment, Net 24.6M USD -6.48%
Operating Lease, Right-of-Use Asset 366K USD -63.4%
Intangible Assets, Net (Excluding Goodwill) 10.9M USD -43.5%
Goodwill 58.1M USD -0.29%
Other Assets, Noncurrent 3.14M USD
Assets 112M USD -7.06%
Accounts Payable, Current 6.85M USD +17.7%
Employee-related Liabilities, Current 1.68M USD -9%
Accrued Liabilities, Current 2.05M USD +35.3%
Liabilities, Current 58.8M USD +49%
Operating Lease, Liability, Noncurrent 145K USD -80.9%
Liabilities 59.4M USD +41.3%
Retained Earnings (Accumulated Deficit) -77.6M USD -66.6%
Stockholders' Equity Attributable to Parent 52.6M USD -32.9%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 52.6M USD -32.9%
Liabilities and Equity 112M USD -7.06%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.33M USD
Net Cash Provided by (Used in) Financing Activities 1.28M USD
Net Cash Provided by (Used in) Investing Activities -6.83K USD
Common Stock, Shares Authorized 2B shares 0%
Common Stock, Shares, Issued 115M shares +5.62%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -63.9K USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 183K USD -58.5%
Interest Paid, Excluding Capitalized Interest, Operating Activities 459K USD
Deferred Tax Assets, Valuation Allowance 17M USD +72.1%
Depreciation 82.6K USD +130%
Payments to Acquire Property, Plant, and Equipment 6.83K USD
Property, Plant and Equipment, Gross 3.65M USD -56%
Operating Lease, Liability, Current 248K USD -3.46%
Deferred Tax Assets, Operating Loss Carryforwards 9.27M USD +73.8%
Additional Paid in Capital 144M USD +3.75%
Operating Leases, Future Minimum Payments, Due in Two Years 158K USD -56%
Amortization of Intangible Assets 297K USD
Operating Leases, Future Minimum Payments Due, Next Twelve Months 295K USD -29.9%
Deferred Tax Assets, Net of Valuation Allowance 17M USD +72.1%
Operating Leases, Future Minimum Payments, Due in Three Years 189K USD +119%
Operating Leases, Future Minimum Payments Due 453K USD -70.5%
Interest Expense 9.2M USD +24%