Axogen, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $60.4M | $41.1M | $27.3M | $16.8M | $10.9M | $7.7M | $4.8M | $3.0M |
| Cost of Revenue | $9.3M | $6.5M | $4.8M | $3.4M | $2.4M | $2.0M | $2.4M | $1.4M |
| Gross Profit | $51.1M | $34.6M | $22.5M | $13.4M | $8.5M | $5.7M | $2.4M | $1.6M |
| Gross Margin | 84.6% | 84.3% | 82.3% | 79.5% | 77.7% | 74.5% | 50.0% | 54.1% |
| Operating Expenses | ||||||||
| Research & Development | $6.7M | $4.2M | $3.2M | $3.0M | $2.1M | $1.4M | $697.4K | $436.0K |
| SG&A Expense | $14.7M | $10.1M | $8.4M | $6.9M | $5.7M | $5.2M | $4.3M | $2.7M |
| Operating Income | $-8.0M | $-8.1M | $-9.3M | $-9.8M | $-9.6M | $-7.8M | $-7.0M | $-4.5M |
| Operating Margin | -13.2% | -19.8% | -33.9% | -58.3% | -87.6% | -101.4% | -143.7% | -149.2% |
| Interest Expense | $2.2M | $5.4M | $4.0M | $6.8M | $4.8M | $1.4M | $1.1M | $815.0K |
| Pretax Income | — | — | — | — | $-14.6M | $-10.2M | $-9.2M | — |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $-738.2K | — | — |
| Net Income | $-10.4M | $-14.4M | $-13.4M | $-17.7M | $-14.6M | $-9.4M | $-9.2M | $-5.4M |
| Net Margin | -17.3% | -35.1% | -48.9% | -105.3% | -133.0% | -122.4% | -190.1% | -180.5% |
| EPS (Basic) | $-0.31 | $-0.47 | $-0.51 | $-0.99 | $-1.08 | $-0.85 | $-2.77 | $-8.35 |
| EPS (Diluted) | $-0.31 | $-0.47 | $-0.51 | $-0.99 | $-1.08 | $-0.85 | $-2.77 | $-8.35 |
| Shares Outstanding (Basic) | 34.4M | 33.0M | 30.0M | 19.5M | 17.3M | 11.1M | 11.1M | 1.2M |
| Shares Outstanding (Diluted) | 34.4M | 33.0M | 30.0M | 19.5M | 17.3M | 11.1M | 11.1M | 1.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |