Rubber Leaf Inc [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19
	10-K	10-K	S-1/A	S-1
Sales	5.3	3.0	0.3
Total	10.6	14.6	16.7
Total growth	-27.1%	-12.4%
Cost of sales	9.1	15.8
Gross profit	1.5	-1.2	1.3
Gross margin	14.1%	-8.1%	7.7%

Operating Expenses
Selling expenses	0.1	0.2	0.2
General & administrative expenses	0.9	1.3	0.4
Total operation expenses	1.0	1.7	0.6
(Loss) income from operation	0.5	-2.9
Operating margin	4.8%	-20.0%

Other income (expense):
Interest expense	-0.2	-0.2
Other expense, net	0.0	0.1	0.0
Total other expenses, net	0.3	-0.2
Net income (loss) before income taxes	0.8	-3.2
Income tax expenses	0.0		0.2
Net loss	0.8	-3.2	0.4
Foreign currency translation, net of tax	0.0	0.2
Comprehensive loss	0.8	-3.0

Earnings per share
Basic loss per share	$0.02	($0.08)	$0.01
Diluted loss per share	$0.02	($0.08)	$0.01

Weighted average common shares outstanding, basic	41.0	40.6
Weighted average common shares outstanding, diluted	41.0	40.6	40.0