Flagship explainer

How IP STRATEGY HOLDINGS, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$10.1M · 100%Cost of revenue$4.6M · 45%Gross profit$5.6M · 55%Operating income−$134M · −1324%Income before tax−$138M · −1361%Income tax−$8490 · −0%Net income−$138M · −1361%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$10.1M100%
Cost of revenue$4.6M45%
$5.6M55%
−$134M−1324%
Income before tax−$138M−1361%
Income tax−$8490−0%
−$138M−1361%
Source: · event Dec 31, 2025 · retrieved Sep 19, 2026 · annual-row source set
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