MILESTONE SCIENTIFIC INC.
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.9M | $2.2M | $2.3M | $2.1M | $2.9M | $2.6M | $2.2M | $2.2M |
| Cost of Revenue | $442.6K | $572.7K | $750.9K | $555.9K | $1.0M | $708.1K | $1.2M | $763.0K |
| Gross Profit | $1.4M | $1.7M | $1.5M | $1.5M | $1.9M | $1.9M | $1.1M | $1.5M |
| Gross Margin | 76.1% | 74.5% | 66.8% | 73.0% | 65.0% | 72.7% | 48.4% | 65.6% |
| Operating Expenses | ||||||||
| Research & Development | $315.0K | $94.2K | $176.9K | $170.5K | $213.6K | $140.3K | $253.0K | $166.2K |
| SG&A Expense | $2.9M | $3.0M | $3.3M | $2.8M | $3.9M | $3.1M | $2.8M | $3.3M |
| Operating Income | $-1.8M | $-1.5M | $-2.0M | $-1.5M | $-2.3M | $-1.3M | $-2.0M | $-2.0M |
| Operating Margin | -96.0% | -65.1% | -87.6% | -73.2% | -78.3% | -51.7% | -89.9% | -90.9% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $223.6K | $-1.4M | $-2.0M | $-1.5M | $-2.2M | $-1.3M | $-2.0M | $-2.0M |
| Income Tax Expense | $0 | $0 | — | $0 | — | $0 | $0 | $0 |
| Net Income | $223.6K | $-1.4M | $-1.9M | $-1.5M | $-2.2M | $-1.3M | $-2.0M | $-2.0M |
| Net Margin | 12.1% | -64.1% | -85.8% | -71.2% | -76.2% | -50.3% | -88.1% | -89.0% |
| EPS (Basic) | $0.00 | $-0.02 | $-0.03 | $-0.02 | $-0.03 | $-0.02 | $-0.02 | $-0.03 |
| EPS (Diluted) | — | — | — | — | — | — | — | $-0.03 |
| Shares Outstanding (Basic) | 80.0M | 79.7M | 72.8M | 73.7M | 72.3M | 72.1M | 70.6M | 71.0M |
| Shares Outstanding (Diluted) | 80.0M | 79.7M | 72.8M | 73.7M | 72.3M | 72.1M | 70.6M | 71.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |