Know Labs Reports Q2 2025 Results, Faces Net Loss
Ticker: USBC · Form: 10-Q · Filed: May 14, 2025 · CIK: 1074828
| Field | Detail |
|---|---|
| Company | Know Labs, Inc. (USBC) |
| Form Type | 10-Q |
| Filed Date | May 14, 2025 |
| Risk Level | high |
| Sentiment | bearish |
Sentiment: bearish
Topics: 10-Q, financials, loss, subsequent-event
TL;DR
**KNOW** Q2 loss widens to $3.5M on $0 revenue. New sales agreement inked.
AI Summary
Know Labs, Inc. filed its 10-Q for the period ending March 31, 2025. The company reported total assets of $9,396,108 and total liabilities of $2,481,367. For the three months ended March 31, 2025, the company had revenues of $0.001 million and a net loss of $3,541,707. A subsequent event on April 30, 2025, involved a sales agreement with Jones Trading Institutional Services LLC.
Why It Matters
This filing provides insight into Know Labs' financial health and operational performance for the second quarter of fiscal year 2025, including significant net losses and recent financing activities.
Risk Assessment
Risk Level: high — The company reported a significant net loss and minimal revenue, indicating substantial financial risk.
Key Numbers
- $9.4M — Total Assets (As of March 31, 2025)
- $2.5M — Total Liabilities (As of March 31, 2025)
- $0.001M — Revenue (For the three months ended March 31, 2025)
- $3.5M — Net Loss (For the three months ended March 31, 2025)
- 5,000,000 — Common Stock Outstanding (As of March 31, 2025)
Key Players & Entities
- Know Labs, Inc. (company) — Filer
- March 31, 2025 (date) — End of Reporting Period
- $9,396,108 (dollar_amount) — Total Assets
- $2,481,367 (dollar_amount) — Total Liabilities
- $0.001 million (dollar_amount) — Revenue for three months ended March 31, 2025
- $3,541,707 (dollar_amount) — Net Loss for three months ended March 31, 2025
- Jones Trading Institutional Services LLC (company) — Party to Sales Agreement
- April 30, 2025 (date) — Date of Subsequent Event
FAQ
What was Know Labs' revenue for the three months ended March 31, 2025?
Know Labs reported revenue of $0.001 million for the three months ended March 31, 2025.
What was the net loss for Know Labs in the quarter ending March 31, 2025?
The company reported a net loss of $3,541,707 for the three months ended March 31, 2025.
What were Know Labs' total assets as of March 31, 2025?
Know Labs had total assets of $9,396,108 as of March 31, 2025.
What subsequent event occurred on April 30, 2025, involving Know Labs?
On April 30, 2025, Know Labs entered into a sales agreement with Jones Trading Institutional Services LLC.
What is the company's fiscal year end?
Know Labs' fiscal year ends on September 30.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 14, 2025 regarding KNOW LABS, INC. (USBC).