Company: BKYI
Filing Date: 2025-04-23
Form Type: 10-K
Source: 0001437749-25-012824
Chunk: 359

Company: BIO KEY INTERNATIONAL INC
Filing Date: 2025-04-23
Form: 10-K
Item: Item 7A
Chunk 359
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    September 30, 2023    June 30, 2023    September 30, 2023    June 30, 2023    September 30, 2023  
                         
 License fees  $3,714,327  $4,664,341  $(900,000) $(900,000) $2,814,327  $3,764,341 
 Total revenues   5,012,696   6,829,804   (900,000)  (900,000)  4,112,696   5,929,804 
 Cost of hardware - reserve   -   -   1,500,000   2,500,000   1,500,000   2,500,000 
 Total costs and other expenses   1,426,385   1,902,989   1,500,000   2,500,000   2,926,385   4,402,989 
 Gross profit   3,586,311   4,926,815   (2,400,000)  (3,400,000)  1,186,311   1,526,815 
 Selling, general and administrative   3,874,896   5,422,272   200,000   400,000   4,074,896   5,822,272 
 Total Operating Expenses   5,123,237   7,229,298   200,000   400,000   5,323,237   7,629,298 
 Operating loss   (1,536,926)  (2,302,483)  (2,600,000)  (3,800,000)  (4,136,926)  (6,102,483)
 Loss before provision for income tax   (1,568,200)  (2,206,212)  (2,600,000)  (3,800,000)  (4,168,200)  (6,006,212)
 Net loss   (1,711,200)  (2,349,023)  (2,600,000)