Aeluma reports Q2 revenue of $263K, up from $32K prior quarter; net loss narrows to $1.13M

Aeluma, Inc.

2024-Q2 EPS reported -$0.21 revenue$295,392

Revenue $262,992 for Q2 FY2024, up from $32,400 in Q1 FY2024 and $0 in Q2 FY2023.
Net loss $1.13M ($0.09/share) vs $1.48M ($0.12/share) in prior quarter and $1.08M ($0.10/share) year ago.
Cash $2.42M as of Dec 31, 2023, down from $5.07M as of June 30, 2023.
Appointed semiconductor veteran Craig Ensley to Board; awarded DoD funding for quantum materials.
Shares outstanding 12,167,930; company trades on OTCQB under ALMU.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Aeluma, Inc. reported second quarter of fiscal 2024, ended December 31, 2023 results: revenue $262,992, net income $1.13 million, EPS $0.09 per basic and diluted share.

Period: second quarter of fiscal 2024, ended December 31, 2023
Revenue: $262,992
Net income: $1.13 million
EPS: $0.09 per basic and diluted share
Result: reported results

Exact text from the filing

revenue was $262,992, compared to $32,400 in the quarter ended September 30, 2023 and $0 in the quarter ended December 30, 2022. The Company incurred a net loss of $1.13 million, or $0.09 per basic and diluted share, for the quarter ended December 31, 2023, compared to a net loss of $1.48 million, or $0.12 per basic and diluted share, for the quarter ended September 30, 2023 and a net loss of $1.08 million, or $0.10 per basic and diluted share, for the quarter ended December 31, 2022.

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Aeluma, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-24-012576

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