OriginClear, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.8M | $4.4M | $6.7M | $10.4M | $4.1M | $4.1M | $3.6M | $4.6M |
| Cost of Revenue | $5.2M | $2.9M | $6.1M | $8.9M | $3.6M | $3.5M | $3.2M | $3.5M |
| Gross Profit | $1.6M | $1.5M | $626.5K | $1.5M | $569.7K | $611.8K | $370.9K | $1.2M |
| Gross Margin | 23.8% | 34.1% | 9.3% | 14.4% | 13.7% | 14.9% | 10.3% | 24.9% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | $110.3K | $107.4K | $290.5K |
| SG&A Expense | $3.6M | $5.0M | $4.7M | $4.5M | $3.6M | $3.6M | $2.6M | $3.0M |
| Operating Income | $-3.3M | $-6.2M | $-6.6M | $-6.6M | $-6.0M | $-4.7M | $-3.9M | $-4.1M |
| Operating Margin | -48.7% | -140.6% | -98.7% | -63.4% | -145.9% | -114.9% | -108.9% | -87.6% |
| Interest Expense | — | $149.8K | — | $948.2K | $1.2M | $1.3M | $734.6K | $1.6M |
| Pretax Income | $-2.8M | $-3.7M | $-2.4M | $2.3M | $444.3K | $2.8M | $-5.8M | $2.4M |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | $-18.3M | $-18.2M | $-11.6M | $-10.8M | $-2.1M | $13.3M | $-27.5M | $-11.3M |
| Net Margin | -268.7% | -412.4% | -173.3% | -104.0% | -51.1% | 323.4% | -765.7% | -244.7% |
| EPS (Basic) | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $-0.01 |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — |
| Shares Outstanding (Basic) | 12.12B | 12.61B | 10.29B | 5.43B | 5.78B | 660.9M | 10.00B | 2.06T |
| Shares Outstanding (Diluted) | 12.12B | 12.61B | 10.29B | 5.43B | 5.78B | 10.00B | 10.00B | 2.06T |
| Dividends Per Share | — | — | — | — | — | — | — | — |