SUAC | ShoulderUp Technology Acquisition Corp. Annual &

Annual Income Statements

(In USD)

Breakdown	2023	2022	2021
Revenue	-	-	-
Cost of Revenue	-	-	-
Gross Profit	-	-	-
Operating Expenses	999.14 Thousand	1.12 Million	390.58
Selling, General and Administrative Expenses	999.14 Thousand	923.31 Thousand	178.20
Research and Development Expenses	-	-	-
Other Expenses	-	200 Thousand	-
Cost and Expenses	999.14 Thousand	1.12 Million	390.58
Operating Income	-1.19 Million	-1.12 Million	-390.58
Interest Expense	-	-	-
Income Tax Expense	-1.18 Million	858.72 Thousand	5.43
Earnings before Tax	1.51 Million	3.28 Million	-385.15
Net Income	2.69 Million	2.42 Million	-385.15
Earnings Per Share Basic	0.20	0.08	-
Earnings Per Share Diluted	0.20	0.08	-
Weighted Average Shares Outstanding	13.81 Million	31.35 Million	41.8 Million
Weighted Average Shares Outstanding (Diluted)	13.81 Million	31.35 Million	41.8 Million
Gross Margin	-	-	-
EBIT Margin	-	-	-
Profit Margin	-	-	-
EBITDA	-1.19 Million	-5.53 Million	5.43
Earnings Before Tax Margin	-	-	-

Breakdown	2024 Q2	2024 Q1	2023 FY	2023 Q4	2023 Q3	2023 Q2
Revenue	-	-	-	-	-	-
Cost of Revenue	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-
Operating Expenses	332.18 Thousand	410.46 Thousand	999.14 Thousand	326.71 Thousand	294.64 Thousand	321.9 Thousand
Selling, General and Administrative Expenses	333.59 Thousand	357.76 Thousand	-	276.71 Thousand	244.64 Thousand	271.9 Thousand
Research and Development Expenses	-	-	-	-	-	-
Other Expenses	-1411.00	-	-	-50.4 Thousand	-	-
Cost and Expenses	332.18 Thousand	410.46 Thousand	999.14 Thousand	326.71 Thousand	294.64 Thousand	321.9 Thousand
Operating Income	-332.18 Thousand	-410.46 Thousand	-1.19 Million	-326.71 Thousand	-294.64 Thousand	-321.9 Thousand
Interest Expense	-	-	-	3.28 Million	-	-
Income Tax Expense	48.59 Thousand	43.98 Thousand	-1.18 Million	85.81 Thousand	108.38 Thousand	307.63 Thousand
Earnings before Tax	-174.2 Thousand	-396 Thousand	1.51 Million	-2.86 Million	181.48 Thousand	1.16 Million
Net Income	-222.79 Thousand	-439.98 Thousand	2.69 Million	-2.94 Million	73.09 Thousand	855.37 Thousand
Earnings Per Share Basic	-0.02	-0.03	-	-0.21	0.00	0.03
Earnings Per Share Diluted	-0.02	-0.03	-	-0.21	0.00	0.03
Weighted Average Shares Outstanding	13.24 Million	13.78 Million	13.81 Million	13.81 Million	15.95 Million	11.8 Million
Weighted Average Shares Outstanding (Diluted)	13.24 Million	13.78 Million	13.81 Million	13.81 Million	15.95 Million	11.8 Million
Gross Margin	-	-	-	-	-	-
EBIT Margin	-	-	-	-	-	-
Profit Margin	-	-	-	-	-	-
EBITDA	-488.02 Thousand	-420.3 Thousand	-	2.2 Million	-770.69 Thousand	-1.8 Million
Earnings Before Tax Margin	-	-	-	-	-	-