CVD EQUIPMENT CORPORATION
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.3M | $4.9M | $4.1M | $6.2M | $5.1M | $8.7M | $7.2M | $8.1M |
| Cost of Revenue | $4.8M | $4.1M | $4.5M | $4.6M | $3.7M | $6.3M | $5.2M | $5.7M |
| Gross Profit | $1.5M | $797.0K | $-349.0K | $1.6M | $1.4M | $2.4M | $2.0M | $2.4M |
| Gross Margin | 24.3% | 16.2% | -8.5% | 25.6% | 27.4% | 28.0% | 27.6% | 29.8% |
| Operating Expenses | ||||||||
| Research & Development | $665.0K | $746.0K | $731.0K | $704.0K | $559.0K | $602.0K | $509.0K | $518.0K |
| SG&A Expense | $1.3M | $1.3M | $1.0M | $1.5M | $1.4M | $1.6M | $1.4M | $1.5M |
| Operating Income | $-898.0K | $-1.6M | $-2.5M | $-990.0K | $-1.2M | $-187.0K | $-228.0K | $122.0K |
| Operating Margin | -14.2% | -33.0% | -60.1% | -15.9% | -24.3% | -2.2% | -3.2% | 1.5% |
| Interest Expense | — | $6.0K | $5.0K | $6.0K | $6.0K | $6.0K | $-1.2K | $159 |
| Pretax Income | $-761.0K | $-1.5M | $-2.3M | $-753.0K | $-1.1M | $-38.0K | $1.6M | $63.0K |
| Income Tax Expense | — | — | — | — | $10.0K | $2.0K | $2.9K | $65 |
| Net Income | $-761.0K | $-1.5M | $-2.3M | $-753.0K | $-1.1M | $-40.0K | $1.5M | $63.0K |
| Net Margin | -12.0% | -29.9% | -55.3% | -12.1% | -22.0% | -0.5% | 21.4% | 0.8% |
| EPS (Basic) | $-0.11 | $-0.22 | $-0.34 | $-0.11 | $-0.16 | $-0.01 | $0.23 | $0.01 |
| EPS (Diluted) | $-0.11 | $-0.22 | $-0.34 | $-0.11 | $-0.16 | $-0.01 | $0.23 | $0.01 |
| Shares Outstanding (Basic) | 6.8M | 6.8M | 6.8M | 6.8M | 6.78B | 6.77B | 6.7M | 6.7M |
| Shares Outstanding (Diluted) | 6.8M | 6.8M | 6.8M | 6.8M | 6.78B | 6.77B | 6.7M | 6.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |