FIREFLY NEUROSCIENCE, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.1M | $108.0K | $498.0K | $12.0M | $15.0M | $13.9M | $10.2M | $8.9M |
| Cost of Revenue | $497.0K | $0 | — | — | $11.4M | $11.7M | $8.8M | $6.8M |
| Gross Profit | $645.0K | $108.0K | $2.6M | $2.9M | $3.6M | $2.2M | $1.4M | $2.1M |
| Gross Margin | 56.5% | 100.0% | 525.0% | 23.8% | 24.1% | 15.9% | 13.8% | 24.0% |
| Operating Expenses | ||||||||
| Research & Development | $1.5M | $2.0M | $741.0K | — | — | — | — | — |
| SG&A Expense | $7.0M | $6.1M | $5.8M | $8.3M | $6.2M | $1.8M | $1.9M | $1.7M |
| Operating Income | $-8.9M | $-10.1M | $-3.1M | $-5.4M | $-2.6M | $411.8K | $-727.8K | $-62.3K |
| Operating Margin | -775.5% | -9,309.3% | -618.1% | -45.1% | -17.5% | 3.0% | -7.2% | -0.7% |
| Interest Expense | — | — | $103.3K | $81.6K | $37.3K | $3.1K | — | — |
| Pretax Income | $-19.9M | $-10.5M | $-2.6M | $-5.5M | $-2.2M | $413.4K | $-717.2K | $-51.0K |
| Income Tax Expense | $5.0K | $-2.0K | $1.0K | $812.5K | $-1.1M | $0 | — | — |
| Net Income | $-19.9M | $-10.5M | $-2.6M | $-17.8M | $-1.1M | $413.4K | $-717.2K | $-51.0K |
| Net Margin | -1,741.0% | -9,685.2% | -522.7% | -147.7% | -7.5% | 3.0% | -7.1% | -0.6% |
| EPS (Basic) | $-1.97 | $-1.60 | $-0.41 | $-5.02 | $-0.05 | $0.02 | $-0.03 | $0.00 |
| EPS (Diluted) | — | — | — | — | $-0.05 | $0.02 | $-0.03 | $0.00 |
| Shares Outstanding (Basic) | 12.4M | 6.5M | 6.5M | 3.5M | 25.1M | 22.4M | 22.4M | 22.4M |
| Shares Outstanding (Diluted) | 12.4M | 6.5M | 6.5M | 3.5M | 25.1M | 24.1M | 22.4M | 22.4M |
| Dividends Per Share | — | — | — | — | — | — | — | — |