How did BEEP's expenses impact profits in Q2 2023?

BEEP's expenses had a significant negative impact on profits in Q2 2023. The company reported operating expenses of $533,000 and interest expenses of $3.68 million, which, when combined with income taxes and net income, paint a picture of financial strain. With a net income of -$3.71 million, BEEP faced substantial financial challenges during the period, primarily due to the high levels of expenses relative to its revenue.

|code|Ticker|Name|Date|Interest Expenses|Income Taxes|Operating Expenses|Net Income|market_code|
|---|---|---|---|---|---|---|---|---|
|BEEP|BEEP.A|Mobile|2022 Q3|3675000||484000|-4692000|170|
|BEEP|BEEP.A|Mobile|2022 Q4|3435000|0|975000|-5366000|170|
|BEEP|BEEP.A|Mobile|2023 Q1|3599000||518000|-3343000|170|
|BEEP|BEEP.A|Mobile|2023 Q2|3676000||533000|-3707000|170|