CHARLIE’S HOLDINGS, INC.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $20.8M | $3.8M | $2.6M | $6.1M | $4.7M | $2.6M | $1.0M | $1.3M |
| Cost of Revenue | $1.2M | $3.1M | $2.3M | $6.3M | $4.4M | $2.1M | $749.5K | $699.1K |
| Gross Profit | $718.6K | $771.2K | $321.9K | $-161.0K | $291.7K | $521.8K | $272.4K | $567.6K |
| Gross Margin | 3.4% | 20.2% | 12.5% | -2.6% | 6.2% | 19.7% | 26.7% | 44.8% |
| Operating Expenses | ||||||||
| Research & Development | $0 | — | — | — | — | — | — | $290 |
| SG&A Expense | $3.2M | $5.1M | $4.8M | $5.5M | $4.5M | $3.7M | $2.6M | $1.7M |
| Operating Income | $7.2M | $-14.4M | $-8.3M | $-10.7M | $-8.5M | $-5.4M | $-3.0M | $-2.8M |
| Operating Margin | 34.5% | -377.8% | -321.7% | -175.0% | -182.1% | -204.0% | -293.7% | -222.6% |
| Interest Expense | $813.5K | $158.4K | $39.8K | $257.4K | $202.8K | $1.8M | $119.9K | $1.1M |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | $0 | $0 | $0 | — | — | — | — | — |
| Net Income | $7.2M | $-12.4M | $-5.4M | $-12.0M | $-8.1M | $-7.1M | $-3.1M | $-3.9M |
| Net Margin | 34.5% | -325.6% | -211.4% | -195.9% | -172.9% | -268.8% | -305.2% | -311.5% |
| EPS (Basic) | $0.05 | $-0.07 | $-0.05 | $-0.16 | $-0.23 | $-0.26 | — | $-0.09 |
| EPS (Diluted) | $0.00 | $-0.07 | $-0.05 | $-0.16 | $-0.23 | $-0.26 | — | $-0.09 |
| Shares Outstanding (Basic) | 141.0M | 218.2M | 119.4M | 111.4M | 48.6M | 27.9M | 84.0M | 50.5M |
| Shares Outstanding (Diluted) | 14.10B | 218.2M | 119.4M | 111.4M | 48.6M | 27.9M | 84.0M | 50.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |