Newbury Street Acquisition Corporation (NBSTW) Financial Statements

Income statement

Metric	TTM	2023	2022	2021
Revenue
Total Revenue	2.8M	—	—	—
Cost of Revenue	2.5M	—	—	—
Gross Profit	284.0K	—	—	—
Operating Expenses
R&D Expense	—	—	—	—
SG&A Expense	1.4M	1.7M	2.6M	494.1K
General & Admin Expense	—	—	—	494.1K
Selling & Marketing Expense	—	—	—	—
Other Expenses	152.5K	156.0K	200.0K	192.3K
Total Operating Expenses	1.6M	1.9M	2.8M	686.4K
Cost and Expenses	4.1M	1.9M	2.8M	686.4K
Operating Income (EBIT)	(1.6M)	(1.9M)	(2.8M)	(686.0K)
Non-Operating
Interest Income	507.72	—	—	9.46
Interest Expense	1.4M	—	—	—
Net Interest Income	—	—	—	—
Other Non-Op Income/Expense	1.5M	2.7M	2.0M	92.1K
Non-Operating Income (excl Interest)	—	(2.7M)	(2.0M)	(92.1K)
EBT (Pre-Tax Income)	(104.0K)	782.1K	(874.0K)	(594.0K)
Income Tax Expense	379.6K	684.8K	413.9K	—
Bottom Line
Net Income	(483.3K)	97.4K	(1.3M)	(594.0K)
Earnings from Cont. Ops	(483.3K)	97.4K	(1.3M)	(594.0K)
Earnings from Discont. Ops	—	—	—	—
Bottom Line Net Income	(483.3K)	97.4K	(1.3M)	(594.0K)
Per Share
Basic EPS	($0.05)	$0.01	($0.08)	($0.04)
Diluted EPS	($0.05)	$0.01	($0.08)	($0.04)
Revenue Per Share	$0.29	$0.00	$0.00	$0.00
Shares
Basic Shares Outstanding	9.8M	9.8M	16.7M	14.1M
Diluted Shares Outstanding	9.8M	9.8M	16.7M	14.1M
Profitability Metrics
EBITDA	151.2K	2.7M	(4.8M)	(779.0K)
D&A	1.3M	1.9M	—	—
EBIT	(1.4M)	782.1K	(873.8K)	(594.3K)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Mar 1, 2024