Milestone Scientific Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $11.3M | $10.5M | $9.5M | $10.3M | $10.0M | $8.6M | $8.4M | $9.7M |
| Cost of Revenue | $4.3M | $4.2M | $3.0M | $3.6M | $3.2M | $3.1M | $3.0M | $3.5M |
| Gross Profit | $7.0M | $6.3M | $6.4M | $6.7M | $6.8M | $5.6M | $5.4M | $6.2M |
| Gross Margin | 61.8% | 60.2% | 67.9% | 64.9% | 68.0% | 64.7% | 64.0% | 63.8% |
| Operating Expenses | ||||||||
| Research & Development | $272.7K | $1.3M | $100.9K | $88.2K | $191.3K | $182.0K | $140.1K | $270.5K |
| SG&A Expense | $11.9M | $11.5M | $9.4M | $7.4M | $5.5M | $5.9M | $6.4M | $6.6M |
| Operating Income | $-5.2M | $-6.5M | $-3.1M | $-790.2K | $1.1M | $-520.4K | $-1.2M | $-700.8K |
| Operating Margin | -46.4% | -62.1% | -32.2% | -7.6% | 10.9% | -6.0% | -14.6% | -7.2% |
| Interest Expense | — | — | — | $2.7K | $70.8K | $175.9K | $131.8K | $95.1K |
| Pretax Income | $-5.2M | $-6.5M | $-3.1M | $-1.7M | $1.5M | — | — | — |
| Income Tax Expense | $19.1K | $-19.1K | $36.2K | $9.5K | — | — | — | — |
| Net Income | $-5.2M | $-5.9M | $-5.5M | $-1.7M | $1.5M | $-870.3K | $-1.5M | $-614.5K |
| Net Margin | -46.0% | -56.7% | -57.6% | -16.5% | 14.6% | -10.1% | -17.7% | -6.3% |
| EPS (Basic) | $-0.16 | $-0.22 | $-0.26 | $-0.08 | $0.09 | $-0.05 | $-0.10 | — |
| EPS (Diluted) | $-0.16 | $-0.22 | $-0.26 | $-0.08 | $0.08 | $-0.05 | $-0.10 | — |
| Shares Outstanding (Basic) | 32.7M | 27.0M | 21.4M | 20.1M | 17.1M | 16.1M | 15.5M | 14.9M |
| Shares Outstanding (Diluted) | 32.7M | 27.0M | 21.4M | 20.1M | 17.5M | 16.1M | 15.5M | 14.9M |
| Dividends Per Share | — | — | — | — | — | — | — | — |