Company: KPEA
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001493152-25-006580
Chunk: 4

Company: Kun Peng International Ltd.
Filing Date: 2025-02-14
Form: 10-Q
Item: Item 2
Chunk 4
---
 
     346,489  
     97.2  
     431,988  
     76.8 
  
    Total operating expenses 
     998,922  
     280.2  
     979,807  
     174.2 
  
    Loss from operations 
     (698,086) 
     (195.8) 
     (566,996) 
     (100.8)
  
    Other income 
     47,079  
     13.2  
     32,190  
     5.7 
  
    Loss before income taxes 
     (651,007) 
     (182.6) 
     (534,806) 
     (95.1)
  
    Income tax expense 
     -  
     -  
     -  
     - 
  
    Net loss 
    $(651,007) 
     (182.6)% 
     (534,806) 
     (95.1)%

Revenues

For
the three months ended December 31, 2024 and 2023, revenues amounted to $356,519 and $562,158, respectively.

40

The
following tables present disaggregated revenues for the three months ended December 31, 2024 and 2023:

    Three Months Ended December 31, 

    2024  
    2023 

    Retail product sale 
    $78,457  
    $506,333 
  
    Wholesale product sale 
     -  
     1,805 
  
    Commission 
     -  
     11,046 
  
    Equipment service 
     278,062  
     8,668 
  
    Training 
     -  
     34,306 
  
    Total 
    $356,519  
    $562,158 

    Three Months Ended December 31, 

    2024  
    2023 

    Performance obligations satisfied at a point in time 
    $78,457  
    $553,490 
  
    Performance obligations satisfied over time 
     278,062  
     8,668 
  
    Total 
    $356,519  
    $562,158 

We
recognized our revenue on a gross basis, net of sub