LIQUIDIA CORPORATION
Income Statement
| Line Item | Aug 2025 | Jun 2025 | May 2025 | Mar 2025 | Mar 2025 | Dec 2024 | Oct 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $8.8M | — | $3.1M | — | $2.9M | — | $4.4M |
| Cost of Revenue | — | — | — | $1.5M | — | — | — | $1.6M |
| Gross Profit | — | — | — | $1.6M | — | — | — | $2.9M |
| Gross Margin | — | — | — | 51.4% | — | — | — | 64.8% |
| Operating Expenses | ||||||||
| Research & Development | — | $6.0M | — | $7.0M | — | — | — | $11.9M |
| SG&A Expense | — | $38.8M | — | $30.1M | — | — | — | $20.2M |
| Operating Income | — | $-37.5M | — | $-35.4M | — | $-36.1M | — | $-29.2M |
| Operating Margin | — | -424.4% | — | -1,135.4% | — | -1,237.8% | — | -656.2% |
| Interest Expense | — | — | — | — | — | — | — | $3.0M |
| Pretax Income | — | $-41.6M | — | $-38.4M | — | — | — | — |
| Income Tax Expense | — | $0 | — | $0 | — | — | — | — |
| Net Income | — | $-41.6M | — | $-38.4M | — | $-38.5M | — | $-31.0M |
| Net Margin | — | -470.5% | — | -1,229.7% | — | -1,320.2% | — | -697.6% |
| EPS (Basic) | — | $-0.49 | — | $-0.45 | — | $-0.45 | — | $-0.40 |
| EPS (Diluted) | — | $-0.49 | — | $-0.45 | — | $-0.45 | — | $-0.40 |
| Shares Outstanding (Basic) | 86.1M | 85.6M | 85.5M | 85.2M | 85.3M | 84.7M | 84.6M | 78.3M |
| Shares Outstanding (Diluted) | 86.1M | 85.6M | 85.5M | 85.2M | 85.3M | 84.7M | 84.6M | 78.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |