INTERNATIONAL STEM CELL CORPORATION
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.5M | $7.2M | $7.6M | $7.0M | $6.1M | $4.6M | $4.5M | $1.6M |
| Cost of Revenue | $2.1M | $1.9M | $2.1M | $1.9M | $1.6M | $1.3M | $1.6M | $725.0K |
| Gross Profit | $5.3M | $5.2M | $5.5M | $5.1M | $4.5M | $3.3M | $2.9M | $843.0K |
| Gross Margin | 71.5% | 72.9% | 72.8% | 72.6% | 73.3% | 72.1% | 64.3% | 53.8% |
| Operating Expenses | ||||||||
| Research & Development | $2.7M | $2.9M | $2.7M | $5.4M | $3.6M | $3.6M | $4.4M | $3.4M |
| SG&A Expense | $5.2M | $4.7M | $4.7M | $5.6M | $6.0M | $7.4M | $8.4M | $7.1M |
| Operating Income | $-4.9M | $-4.9M | $-4.6M | $-8.7M | $-7.5M | $-9.8M | $-11.4M | $-10.5M |
| Operating Margin | -66.3% | -67.7% | -60.4% | -123.7% | -122.8% | -214.9% | -250.6% | -667.2% |
| Interest Expense | $59.0K | $6.0K | $11.0K | $2.0K | $3.0K | $2.0K | — | $14.0K |
| Pretax Income | $-6.1M | $-1.1M | $-2.6M | $-12.5M | $-10.5M | $-9.8M | $-9.2M | $-12.7M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | — | — | — |
| Net Income | $-6.1M | $-1.1M | $-2.6M | $-12.5M | $-10.5M | $-9.8M | $-9.2M | $-12.7M |
| Net Margin | -81.4% | -15.1% | -34.9% | -177.8% | -170.5% | -215.3% | -202.4% | -811.4% |
| EPS (Basic) | $-1.46 | $-0.34 | $-1.33 | $-9.71 | $-0.09 | $-0.13 | $-0.12 | $-0.21 |
| EPS (Diluted) | $-1.46 | $-0.34 | $-2.26 | $-10.34 | $-0.09 | $-0.13 | $-0.12 | $-0.21 |
| Shares Outstanding (Basic) | 4.2M | 3.2M | 2.0M | 1.3M | 151.2M | 87.4M | 80.0M | 74.8M |
| Shares Outstanding (Diluted) | 4.2M | 3.2M | 2.0M | 1.2M | 151.2M | 87.4M | 80.0M | 74.8M |
| Dividends Per Share | — | — | — | — | — | — | — | — |