EMPIRE PETROLEUM CORPORATION
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $465.5K | $0 | — | — | — | — | — | — |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.2M | $757.1K | $196.6K | $165.6K | $154.3K | $191.1K | $198.9K | $222.1K |
| Operating Income | $-915.9K | $-757.1K | $-378.1K | $-174.9K | $-222.0K | $-227.8K | $-245.4K | $-244.2K |
| Operating Margin | -196.8% | — | — | — | — | — | — | — |
| Interest Expense | $-101.2K | $73.0K | $3.8K | $0 | $3.2K | $0 | $-7.9K | $-3.3K |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | $-1.0M | $-830.1K | $-381.9K | $-174.9K | $-236.6K | $-227.8K | $-253.3K | $-247.4K |
| Net Margin | -218.5% | — | — | — | — | — | — | — |
| EPS (Basic) | $-0.08 | $-0.08 | $-0.04 | $-0.02 | $-236,585.00 | $-227,823.00 | $-227,823.00 | $-253,348.00 |
| EPS (Diluted) | $-0.08 | $-0.08 | $-0.04 | $-0.02 | $-0.03 | $-0.03 | $-0.04 | $0.00 |
| Shares Outstanding (Basic) | 17.3M | 8.8M | 8.7M | 8.7M | 7.6M | 7.6M | — | — |
| Shares Outstanding (Diluted) | 17.3M | 8.8M | 8.7M | 8.7M | 7.6M | 7.6M | — | 84.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |