Company: LGCY
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010844
Chunk: 3

Company: Legacy Education Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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 42,000  
     170,700  
     126,000 
  
    Depreciation
    and amortization 
     130,066  
     68,010  
     317,046  
     189,172 
  
    Total
    costs and expenses 
     14,911,568  
     9,964,357  
     38,221,724  
     27,863,598 

    Operating
    income 
     3,665,997  
     2,365,308  
     7,996,066  
     5,384,298 

    Interest
    expenses 
     (26,342) 
     (39,763) 
     (84,010) 
     (103,298)
  
    Interest
    income 
     305,382  
     205,311  
     861,800  
     527,020 
  
    Total
    other income/(expenses) 
     279,040  
     165,548  
     777,790  
     423,722 

    Income
    before income tax expenses 
     3,945,037  
     2,530,856  
     8,773,856  
     5,808,020 
  
    Income
    tax expenses 
     (1,127,572) 
     (736,905) 
     (2,466,592) 
     (1,654,512)
  
    Net
    income 
    $2,817,465  
    $1,793,951  
    $6,307,264  
    $4,153,508 

    Net
    income per share 

    Basic net income
    per share 
    $0.23  
    $0.19  
    $0.56  
    $0.45 
  
    Diluted net income
    per share 
    $0.21  
    $0.19  
    $0.51  
    $0.43 

    Weighted
    average number of common stock outstanding 

    Basic weighted average
    shares outstanding 
     12,377,420  
     9,291,149