electroCore, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $32.0M | $25.2M | $16.0M | $8.6M | $5.5M | $3.5M | $2.4M | $993.0K |
| Cost of Revenue | $4.2M | $3.8M | $2.8M | $1.6M | $1.4M | $1.7M | $1.2M | $578.7K |
| Gross Profit | $27.8M | $21.4M | $13.2M | $7.0M | $4.1M | $1.8M | $1.2M | $414.2K |
| Gross Margin | 86.8% | 85.0% | 82.5% | 81.2% | 74.6% | 50.3% | 51.6% | 41.7% |
| Operating Expenses | ||||||||
| Research & Development | — | $2.4M | $5.3M | $5.5M | $2.5M | $4.2M | $9.9M | $12.5M |
| SG&A Expense | $38.2M | $31.2M | $27.2M | $24.3M | $21.6M | $21.8M | $35.4M | $42.5M |
| Operating Income | $-13.2M | $-12.2M | $-19.3M | $-22.9M | $-20.0M | $-24.7M | $-46.1M | $-54.6M |
| Operating Margin | -41.1% | -48.3% | -120.2% | -266.2% | -367.7% | -707.9% | -1,928.2% | -5,494.1% |
| Interest Expense | $14.9K | $18.4K | — | $4.0K | — | $341 | $3.5K | — |
| Pretax Income | $-14.0M | $-12.0M | $-19.0M | $-22.6M | $-18.1M | $-24.7M | $-45.1M | $-55.8M |
| Income Tax Expense | $3.0K | $-93.0K | $-186.0K | $-431.0K | $-851.0K | $-1.2M | $17.7K | $2.4K |
| Net Income | $-14.0M | $-11.9M | $-18.8M | $-22.2M | $-17.2M | $-23.5M | $-45.1M | $-55.8M |
| Net Margin | -43.6% | -47.2% | -117.5% | -257.9% | -315.9% | -672.5% | -1,888.8% | -5,621.7% |
| EPS (Basic) | $-1.65 | $-1.59 | $-3.42 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | $-1.65 | $-1.59 | $-3.42 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 8.5K | 7.5M | 5.5M | 5.5M | 4.6M | 53.12B | 34.79B | 34.34B |
| Shares Outstanding (Diluted) | 8.5K | 7.5M | 5.5M | 5.5M | 4.6M | 53.12B | 34.79B | 34.34B |
| Dividends Per Share | — | — | — | — | — | — | — | — |