Precision Optics Corporation, Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.0M | $3.2M | $3.9M | $3.9M | $3.7M | $2.5M | $2.2M | $2.2M |
| Cost of Revenue | $2.6M | $2.4M | $3.0M | $3.1M | $2.9M | $1.9M | $1.6M | $1.5M |
| Gross Profit | $1.5M | $773.7K | $942.0K | $798.3K | $800.8K | $654.4K | $557.4K | $752.1K |
| Gross Margin | 36.7% | 24.5% | 24.1% | 20.4% | 21.9% | 26.0% | 25.9% | 33.5% |
| Operating Expenses | ||||||||
| Research & Development | $456.4K | $464.2K | $478.3K | $492.9K | $471.1K | $630.3K | $664.7K | $825.0K |
| SG&A Expense | $1.4M | $1.3M | $1.6M | $1.5M | $1.5M | $1.3M | $1.2M | $958.5K |
| Operating Income | $-348.6K | $-1.0M | $-1.1M | $-1.2M | $-1.2M | $-1.2M | $-1.3M | $-991.9K |
| Operating Margin | -8.6% | -31.8% | -26.9% | -31.0% | -31.8% | -48.9% | -59.7% | -44.2% |
| Interest Expense | $1.9K | $3.1K | $469 | $0 | $0 | $1.4K | $30.2K | $60.0K |
| Pretax Income | $-350.5K | $-1.0M | $-1.0M | $-1.2M | $-1.2M | $-1.8M | $961.9K | — |
| Income Tax Expense | $912 | $912 | $912 | $912 | $912 | $912 | $912 | $912 |
| Net Income | $-351.4K | $-1.0M | $-1.0M | $-1.2M | $-1.2M | $-1.8M | $961.0K | $-1.1M |
| Net Margin | -8.7% | -31.9% | -26.4% | -30.1% | -31.8% | -70.9% | 44.6% | -46.9% |
| EPS (Basic) | $-0.04 | $-0.12 | $-0.15 | $-0.19 | $-0.26 | $-0.51 | $0.28 | $-0.35 |
| EPS (Diluted) | $-0.04 | $-0.12 | $-0.15 | $-0.19 | $-0.26 | $-0.51 | $0.26 | $-0.35 |
| Shares Outstanding (Basic) | 9.8M | 8.3M | 7.2M | 6.3M | 4.5M | 3.5M | 3.5M | 3.0M |
| Shares Outstanding (Diluted) | 9.8M | 8.3M | 7.2M | 6.3M | 4.5M | 3.5M | 3.8M | 3.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |