Longeveron Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $1.2M | $2.4M | $709.0K | $1.2M | $1.3M | $5.6M |
| Cost of Revenue | $396.0K | $508.0K | $488.0K | $725.0K | $716.0K | $3.8M |
| Gross Profit | $803.0K | $1.9M | $221.0K | $497.0K | $590.0K | $1.8M |
| Gross Margin | 67.0% | 78.8% | 31.2% | 40.7% | 45.2% | 32.4% |
| Operating Expenses | ||||||
| Research & Development | $12.0M | $8.1M | $9.1M | $9.4M | $7.1M | $2.7M |
| SG&A Expense | $12.0M | $10.3M | $12.2M | $8.1M | $9.7M | $2.7M |
| Operating Income | $-23.3M | $-16.5M | $-21.0M | $-18.0M | $-17.5M | $-3.8M |
| Operating Margin | -1,942.2% | -690.7% | -2,966.0% | -1,476.5% | -1,336.6% | -67.1% |
| Interest Expense | — | — | — | $1.4M | $4.0K | $7.0K |
| Pretax Income | — | — | — | — | — | — |
| Income Tax Expense | $0 | $0 | $0 | $0 | — | — |
| Net Income | $-22.7M | $-16.0M | $-21.4M | $-18.8M | $-17.0M | $-3.7M |
| Net Margin | -1,893.6% | -667.8% | -3,020.2% | -1,541.3% | -1,305.1% | -66.1% |
| EPS (Basic) | $-1.29 | $-2.62 | $-2.56 | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | $-1.29 | $-2.62 | $-2.56 | $0.00 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 17.58B | 9.41B | 8.69B | 8.72B | 7.87B | — |
| Shares Outstanding (Diluted) | 17.58B | 9.41B | 8.69B | 8.72B | 7.87B | — |
| Dividends Per Share | — | — | — | — | — | — |