Cyanotech Corp
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $32.0M | $31.8M | $33.8M | $28.2M | $27.5M | $24.6M | $16.8M | $15.7M |
| Cost of Revenue | $19.8M | $20.0M | $19.3M | $17.0M | $16.6M | $14.9M | $10.5M | $9.1M |
| Gross Profit | $12.2M | $11.9M | $14.5M | $11.2M | $10.9M | $9.8M | $6.3M | $6.6M |
| Gross Margin | 38.1% | 37.3% | 42.8% | 39.7% | 39.6% | 39.7% | 37.7% | 42.1% |
| Operating Expenses | ||||||||
| Research & Development | $593.0K | $633.0K | $517.0K | $469.0K | $258.0K | $320.0K | $282.0K | $264.0K |
| SG&A Expense | $6.1M | $5.8M | $8.0M | $6.4M | $4.7M | $4.0M | $2.8M | $3.3M |
| Operating Income | $-682.0K | $-785.0K | $322.0K | $-210.0K | $2.2M | $2.9M | $1.2M | $1.5M |
| Operating Margin | -2.1% | -2.5% | 1.0% | -0.7% | 8.1% | 11.8% | 7.3% | 9.5% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-1.2M | $-1.1M | $229.0K | $-328.0K | $2.1M | $2.9M | $1.2M | $1.4M |
| Income Tax Expense | $5.0K | $3.3M | $253.0K | $92.0K | $-2.1M | $-779.0K | $-567.0K | $24.0K |
| Net Income | $-1.2M | $-4.4M | $-24.0K | $-420.0K | $4.2M | $3.6M | $1.7M | $1.4M |
| Net Margin | -3.8% | -13.8% | -0.1% | -1.5% | 15.2% | 14.7% | 10.3% | 8.8% |
| EPS (Basic) | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 6.13B | 6.04B | 5.97B | 5.93B | 5.91B | 5.86B | 5.80B | 5.69B |
| Shares Outstanding (Diluted) | 6.13B | 6.04B | 5.97B | 5.93B | 6.12B | 5.99B | 5.86B | 5.79B |
| Dividends Per Share | — | — | — | — | — | — | — | — |