XML 14 R4.htm IDEA: XBRL DOCUMENT v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)    
Revenue, net $ 12,443,000 $ 8,033,000
Cost of goods sold 8,554,000 6,289,000
Gross profit 3,889,000 1,744,000
Sales, general and administrative expenses 2,457,000 3,388,000
Operating income (loss) 1,432,000 (1,644,000)
Foreign exchange gain (335,000) (45,000)
Interest expense, net 970,000 225,000
Other expense, net 24,000 9,000
Income (loss) from continuing operations before income taxes 773,000 (1,833,000)
Income tax expense (benefit) 156,000 (347,000)
Net income (loss) from continuing operations 617,000 (1,486,000)
Income from discontinued operations, net of tax 10,000 72,000
Net income (loss) including noncontrolling interest 627,000 (1,414,000)
Less: Net income (loss) attributable to noncontrolling interest 178,000 (251,000)
Net income (loss) attributable to Lendway, Inc. 449,000 (1,163,000)
Other comprehensive (income) loss (foreign currency translation) 22,000 3,000
Less: Comprehensive income attributable to noncontrolling interest 4,000  
Comprehensive income (loss) attributable to Lendway, Inc. $ 467,000 $ (1,160,000)
Net income (loss) per basic and diluted share attributable to Lendway, Inc.:    
Continuing operations $ 0.25 $ (0.71)
Discontinued operations 0.01 0.04
Basic earnings per share 0.25 (0.67)
Diluted earnings per share $ 0.25 $ (0.67)
Weighted average shares used in calculation of net (loss) income per share:    
Weighted average shares used in calculation of net (loss)income per share basic 1,770,000 1,743,000
Weighted average shares used in calculation of net (loss)income per share diluted 1,770,000 1,743,000