Company: LGCY
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010844
Chunk: 4

Company: Legacy Education Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 4
---
11,309,831  
     9,291,149 
  
    Diluted weighted
    average shares outstanding 
     13,528,144  
     9,691,149  
     12,460,555  
     9,691,149 

The
accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

F-3

Legacy
Education Inc.

Condensed Consolidated
Statements of Changes in Stockholders’ Equity

for
the three and nine months ended March 31, 2025 and 2024

(Unaudited)

    Shares  
    Amount  
    Shares  
    Amount  
    capital  
    Earnings  
    Total 

    Preferred
    Stock  
    Common
    Stock  
    Additional paid
                                            in  
    Retained  

    Shares  
    Amount  
    Shares  
    Amount  
    capital  
    Earnings  
    Total 

    Balance,
    June 30, 2024

        -

    $
        -

    9,291,149

    $
    9,291

    $
    16,186,251

    $
    6,223,470

    $
    22,419,012

    Exercise
    of option

    -

    -

    76,000

    76

    39,444

    -

    39,520

    Issuance
    of common stock, net of offering costs

    -

    -

    2,500,000

    2,500

    7,937,072

    -

    7,939,572

    Stock-based
    compensation

    -

    -

    -

    -

    67,031

    -

    67,031

    Net
    income

    -

    -

    -

    -

    -

    2,090,753

    2,090,753

    Balance,
    September 30, 2024

    -

    -

    11,867,149

    11,867

    24,229,798

    8,314,223

    32,555,888

    True
    up, reverse split

    -

    -

    2,013

    2

    (2
    )