Cavitation Technologies, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $203.0K | $1.4M | $433.0K | $1.6M | $558.0K | $1.7M | $1.1M | $1.3M |
| Cost of Revenue | $38.0K | $156.0K | $121.0K | $41.0K | $20.0K | $40.0K | $69.0K | $122.0K |
| Gross Profit | $165.0K | $1.2M | $312.0K | $1.6M | $538.0K | $1.6M | $1.0M | $1.2M |
| Gross Margin | 81.3% | 88.6% | 72.1% | 100.3% | 96.4% | 97.6% | 93.7% | 90.6% |
| Operating Expenses | ||||||||
| Research & Development | $95.0K | $61.0K | $3.0K | $17.0K | $21.0K | $18.0K | $25.0K | $25.0K |
| SG&A Expense | $1.1M | $708.0K | $1.2M | $1.7M | $1.3M | $1.5M | $1.7M | $1.5M |
| Operating Income | $-987.0K | $438.0K | $-886.0K | $-299.0K | $-747.0K | $136.0K | $-723.0K | $-351.0K |
| Operating Margin | -486.2% | 32.1% | -204.6% | -18.5% | -133.9% | 8.2% | -66.3% | -26.9% |
| Interest Expense | $6.0K | $-1.0K | $6.0K | $5.0K | $6.0K | $0 | — | — |
| Pretax Income | — | — | $-2.0M | $-619.0K | $-649.0K | $128.0K | $-723.0K | — |
| Income Tax Expense | — | — | $0 | $0 | $0 | $0 | $0 | — |
| Net Income | $-113.0K | $439.0K | $-2.0M | $-619.0K | $-649.0K | $128.0K | $-723.0K | $-250.0K |
| Net Margin | -55.7% | 32.2% | -471.1% | -38.2% | -116.3% | 7.7% | -66.3% | -19.2% |
| EPS (Basic) | $0.00 | $0.00 | $-0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | $0.00 | $0.00 | $-0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 286.0M | 284.3M | 281.7M | 248.7M | 197.2M | 197.0M | 198.0M | 197.1M |
| Shares Outstanding (Diluted) | 286.0M | 284.3M | 281.7M | 248.7M | 197.2M | 197.0M | 198.0M | 197.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |