REFLECT SCIENTIFIC, INC.
Income Statement
| Line Item | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.2M | $1.0M | $1.5M | $1.3M | $1.3M | $2.0M | $2.4M | — |
| Cost of Revenue | $376.1K | $407.1K | $678.3K | $618.0K | $617.8K | $989.4K | $1.3M | — |
| Gross Profit | $812.5K | $630.2K | $849.6K | $669.0K | $711.3K | $997.9K | $1.1M | — |
| Gross Margin | 68.4% | 60.8% | 55.6% | 52.0% | 53.5% | 50.2% | 45.4% | — |
| Operating Expenses | ||||||||
| Research & Development | $70.8K | $72.9K | $22.1K | $37.2K | $35.9K | $33.2K | $7.6K | — |
| SG&A Expense | $341.0K | $320.9K | $684.5K | $638.6K | $651.4K | $925.0K | $748.3K | — |
| Operating Income | $-251.6K | $-460.0K | $-718.6K | $-898.7K | $-2.9M | $-706.9K | $-89.1K | — |
| Operating Margin | -21.2% | -44.3% | -47.0% | -69.8% | -219.1% | -35.6% | -3.7% | — |
| Interest Expense | $-314 | $-59.5K | $-123.2K | $-118.1K | $315.8K | $534.5K | $535.3K | — |
| Pretax Income | $-216.2K | $835.9K | — | — | — | — | — | — |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — |
| Net Income | $-216.2K | $835.9K | $-840.8K | $-1.0M | $200.9K | $-1.2M | $-1.8M | — |
| Net Margin | -18.2% | 80.6% | -55.0% | -78.7% | 15.1% | -59.7% | -73.8% | — |
| EPS (Basic) | $0.00 | $0.02 | $-0.02 | $-0.02 | $0.00 | $-0.03 | $-0.02 | — |
| EPS (Diluted) | $0.00 | $0.01 | $-0.02 | $-0.02 | $0.00 | $-0.03 | — | — |
| Shares Outstanding (Basic) | 65.4M | 58.2M | 54.2M | 46.9M | 45.4M | 41.9M | 34.4M | 35.2M |
| Shares Outstanding (Diluted) | 65.4M | 58.2M | 54.2M | 46.9M | 45.4M | 41.9M | 34.4M | 35.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |