I-ON DIGITAL CORP.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $433.0K | $32.6K | $97.9K | $0 | $0 | $10.5M | $8.0M |
| Cost of Revenue | — | — | $21.0K | $63.0K | $0 | $0 | $6.1M | $5.5M |
| Gross Profit | — | $433.0K | $11.6K | $34.9K | $0 | $0 | $4.4M | $2.4M |
| Gross Margin | — | 100.0% | 35.6% | 35.6% | — | — | 42.0% | 30.6% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | $1.5M | $999.2K | $838.2K |
| SG&A Expense | — | $1.2M | $719.7K | $351.9K | — | $2.1M | $1.7M | $1.9M |
| Operating Income | — | $-2.8M | $-1.3M | $-705.5K | $0 | $0 | $1.7M | $-276.0K |
| Operating Margin | — | -638.7% | -3,929.8% | -720.8% | — | — | 16.2% | -3.5% |
| Interest Expense | — | — | $470.4K | — | — | — | — | $48.0K |
| Pretax Income | — | $-2.9M | $-1.9M | $-804.3K | — | $1.7M | $1.7M | $-431.5K |
| Income Tax Expense | — | — | — | $825 | $30.0K | $-306.8K | $86.6K | $276.0K |
| Net Income | — | $-2.9M | $-1.9M | $-805.1K | $-27.6K | $2.0M | $1.6M | $-712.4K |
| Net Margin | — | -666.0% | -5,854.4% | -822.6% | — | — | 15.5% | -9.0% |
| EPS (Basic) | — | $-0.09 | $-0.07 | $-0.03 | $0.00 | $0.06 | $0.05 | $-0.02 |
| EPS (Diluted) | — | $-0.09 | $-0.07 | $-0.03 | $0.00 | $0.06 | $0.05 | $-0.02 |
| Shares Outstanding (Basic) | 34.1M | 31.5M | 27.4M | 26.1M | 19.7M | 35.0M | 35.0M | 35.0M |
| Shares Outstanding (Diluted) | 34.1M | 31.5M | 27.4M | 26.1M | 19.7M | 35.0M | 35.0M | 35.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |