Company: ECIA
Filing Date: 2025-07-10
Form Type: 10-K
Source: 0001079973-25-001132
Chunk: 50

Company: ENCISION INC
Filing Date: 2025-07-10
Form: 10-K
Item: Item 1
Chunk 50
---
,882 
  
    Cost of revenue 
     2,873,588  
     170,441  
     3,044,029  
     3,370,855  
     79,065  
     3,449,920 
  
    Gross profit 
     3,344,099  
     167,187  
     3,511,286  
     3,061,114  
     74,848  
     3,135,962 
  
    Operating income (loss) 
     (339,167) 
     167,187  
     (171,980) 
     (715,631) 
     74,848  
     (640,783)
  
    Depreciation and 	amortization 
     81,393  
     —  
     81,393  
     85,218  
     —  
     85,218 
  
    Capital expenditures 
     54,415  
     —  
     54,415  
     12,050  
     —  
     12,050 
  
    Equipment and patents, 	net 
    $416,647  
    $—  
    $416,647  
    $418,014  
    $—  
    $418,014 

Basic and Diluted Income per Common Share.
Net income per share is calculated in accordance with ASC Topic 260, "Earnings Per Share" ("ASC 260"). Under the provisions
of ASC 260, basic net income per common share is computed by dividing net income for the period by the weighted average number of common
shares outstanding for the period. Diluted net income per common share is computed by dividing the net income for the period by the weighted
average number of common and potential common shares outstanding during the period if the effect of the potential common shares is dilutive.
Because we had a loss in fiscal years 2025 and 2024, the shares used in the calculation of dilutive potential common shares exclude options
to purchase shares.

The following table presents the calculation
of basic and diluted net income (loss) per share:

    Schedule of basic and diluted net income (loss) per share 

    Years Ended 
    March
    31, 2025  
    March
    31,