How did ASP Isotopes' revenue and expenses trend in Q4 2024?
5/9/2025 02:30pm
ASP Isotopes Inc. experienced a decline in revenue and an increase in expenses in Q4 2024 compared to the previous quarter.
1. **Revenue Trend**: The company's revenue for Q4 2024 was $1.19 million. This is a decrease from the revenue of $1,087,695 reported in the previous quarter for the period ended September 30, 2024. The decline in revenue could be due to various factors, including market conditions, business strategy, or operational efficiency.
2. **Expense Trend**: The company's expenses increased in Q4 2024. The total expenses for the quarter were not provided, but the quarterly adjusted loss was $0.13 per share. This indicates that the expenses were higher than the revenue, resulting in a loss. In contrast, the expenses for the previous quarter were $1,034,446 for research and development and $4,693,158 for selling, general, and administrative expenses. The increase in expenses could be due to higher personnel costs, professional fees, and consulting expenses.
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|ASPI|ASPI.O|ASP Isotopes|2023 Q4|-219.76504254492002|-4170219|186|
|ASPI|ASPI.O|ASP Isotopes|2024 Q1|-92.66096056571946|-6964844|186|
|ASPI|ASPI.O|ASP Isotopes|2024 Q2|-107.20310492900013|-8881442|186|
|ASPI|ASPI.O|ASP Isotopes|2024 Q3|-74.19582269484566|-7355389|186|
The company's financial performance in Q4 2024 was negatively impacted by the decline in revenue and the increase in expenses, resulting in a higher net loss.