IRIDEX CORP
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $42.6M | $41.6M | $46.2M | $42.8M | — | $38.3M | $33.9M | $33.2M |
| Cost of Revenue | $25.1M | $26.1M | $25.3M | $21.4M | — | $19.7M | $17.5M | $16.9M |
| Gross Profit | $17.5M | $15.5M | $20.8M | $21.4M | — | $18.6M | $16.3M | $16.3M |
| Gross Margin | 41.0% | 37.3% | 45.1% | 50.0% | — | 48.6% | 48.3% | 49.1% |
| Operating Expenses | ||||||||
| Research & Development | $4.0M | $5.2M | $5.4M | $4.6M | — | $3.7M | $4.4M | $3.9M |
| SG&A Expense | $9.6M | $8.8M | $7.6M | $6.0M | — | $5.0M | $4.9M | $4.3M |
| Operating Income | $-12.9M | $-12.9M | $-2.6M | $2.6M | — | $2.6M | $-860.0K | $1.9M |
| Operating Margin | -30.2% | -31.0% | -5.6% | 6.0% | — | 6.9% | -2.5% | 5.8% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-12.8M | $-13.0M | $-2.7M | $1.3M | — | $2.3M | $-270.0K | $2.4M |
| Income Tax Expense | $37.0K | $-128.0K | $9.1M | $-8.7M | — | $31.0K | $-100.0K | $297.0K |
| Net Income | $-12.8M | $-12.9M | $-11.7M | $10.0M | — | $2.2M | $1.4M | $2.6M |
| Net Margin | -30.1% | -30.9% | -25.4% | 23.4% | — | 5.8% | 4.2% | 7.9% |
| EPS (Basic) | $-1.05 | $-1.11 | $-1.15 | $1.01 | — | $0.24 | $0.16 | $0.29 |
| EPS (Diluted) | $-1.05 | $-1.11 | $-1.15 | $0.97 | — | $0.22 | $0.16 | $0.26 |
| Shares Outstanding (Basic) | 12.2M | 11.6M | 10.2M | 9.9M | 10.0M | 9.2M | 8.9M | 9.0M |
| Shares Outstanding (Diluted) | 12.2M | 11.6M | 10.2M | 10.4M | 10.0M | 10.1M | 8.9M | 10.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |