OCEAN THERMAL ENERGY CORPORATION
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $3.9K | $8.3K | $122.3K | $252.4K | $569.8K |
| Cost of Revenue | — | — | $0 | $40 | $3.1K | $43.4K | $34.8K | $352.8K |
| Gross Profit | — | — | $49 | $3.8K | $5.2K | $78.9K | $217.5K | $217.1K |
| Gross Margin | — | — | — | 99.0% | 62.9% | 64.5% | 86.2% | 38.1% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | $0 | $341 | $60.9K | $108.4K | $159.2K |
| SG&A Expense | $595.3K | $2.2M | $442.4K | $66.7K | $19.4K | $112.9K | $154.6K | $212.7K |
| Operating Income | $-4.1M | $-12.7M | $-3.4M | $-235.0K | $-48.2K | $-119.1K | $-110.5K | $-272.2K |
| Operating Margin | — | — | — | -6,093.6% | -577.9% | -97.4% | -43.8% | -47.8% |
| Interest Expense | $1.3M | $614.7K | $2.7M | $111.8K | $51.1K | $66.3K | $97.3K | $85.0K |
| Pretax Income | $-7.9M | $-14.6M | $-6.1M | $-346.7K | $-24.3K | — | — | — |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | $-7.9M | $-14.6M | $-6.1M | $-346.7K | $-24.3K | $-173.1K | $-207.8K | $-357.3K |
| Net Margin | — | — | — | -8,992.3% | -291.7% | -141.5% | -82.3% | -62.7% |
| EPS (Basic) | $-0.06 | $-0.13 | $-0.07 | $-1.88 | $0.00 | $-0.01 | $-0.01 | $-0.02 |
| EPS (Diluted) | $-0.06 | $-0.13 | $-0.07 | $-1.88 | $0.00 | $-0.01 | $-0.01 | $-0.02 |
| Shares Outstanding (Basic) | 131.0M | 122.6M | 94.3M | 53.4M | 24.0M | 24.0M | 23.0M | 22.6M |
| Shares Outstanding (Diluted) | 131.0M | 122.6M | 94.3M | 53.4M | 24.0M | 24.0M | 23.0M | 22.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |