BTCS Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2017 | FY2016 | FY2015 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $16.5M | $4.1M | $1.3M | $1.7M | $1.2M | $4.5K | $355.2K | $506.2K |
| Cost of Revenue | $14.5M | $3.1M | $359.8K | $426.4K | $268.3K | $160 | $263.9K | — |
| Gross Profit | $2.0M | $946.0K | $979.9K | $1.3M | $944.9K | $4.3K | $91.3K | $216.1K |
| Gross Margin | 12.2% | 23.2% | 73.1% | 74.8% | 77.9% | 96.4% | 25.7% | 42.7% |
| Operating Expenses | ||||||||
| Research & Development | $679.4K | $755.8K | $687.3K | $611.8K | $712.7K | — | — | — |
| SG&A Expense | $1.6M | $1.0M | $1.5M | $1.9M | $1.6M | $1.6M | $1.3M | $8.1M |
| Operating Income | — | — | — | — | — | $-1.6M | $-1.5M | $-8.2M |
| Operating Margin | — | — | — | — | — | -35,039.6% | -410.0% | -1,619.6% |
| Interest Expense | $1.5M | — | — | — | — | — | $7.4K | — |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | — | — | — |
| Net Income | $-33.4M | $-1.3M | $7.8M | $-15.9M | $-16.0M | $-45.5M | $-44.3M | $-10.0M |
| Net Margin | -202.2% | -31.2% | 583.6% | -939.0% | -1,322.8% | -1,014,834.1% | -12,461.6% | -1,984.8% |
| EPS (Basic) | $-1.00 | $-0.04 | $0.28 | $-0.63 | $-1.55 | $-0.19 | $-2.45 | $-0.03 |
| EPS (Diluted) | $-1.00 | $-0.04 | $0.23 | $-0.63 | $-1.55 | $-0.19 | $-2.45 | $-0.03 |
| Shares Outstanding (Basic) | 33.2M | 32.5M | 28.2M | 25.5M | 13.7M | 726.1M | 32.2M | 5.7M |
| Shares Outstanding (Diluted) | 33.2M | 32.5M | 35.1M | 25.5M | 13.7M | 726.1M | 32.2M | 5.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |