STABLECOIN DEVELOPMENT CORPORATION
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $12.5M | $18.2M | $11.9M | $4.4M | $370.0K | $3.3M | $6.9M | $11.0M |
| Cost of Revenue | $1.5M | $2.8M | $2.5M | $1.3M | $486.0K | $162.0K | $8.0K | — |
| Gross Profit | $11.0M | $15.4M | $9.4M | $3.1M | $568.0K | $3.3M | $6.0K | — |
| Gross Margin | 88.0% | 84.7% | 79.3% | 71.2% | 153.5% | 101.9% | 0.1% | — |
| Operating Expenses | ||||||||
| Research & Development | $259.0K | $410.0K | $1.4M | $5.7M | $9.5M | $12.5M | $9.3M | $9.9M |
| SG&A Expense | $5.8M | $8.6M | $7.2M | $18.1M | $7.9M | $6.3M | $6.0M | $5.4M |
| Operating Income | $-7.9M | $-7.3M | $-11.0M | $-21.1M | $-16.9M | $-15.5M | $-8.3M | $-4.3M |
| Operating Margin | -62.9% | -40.1% | -92.3% | -482.5% | -4,568.6% | -475.9% | -119.8% | -39.2% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-6.5M | $-7.4M | $-13.1M | $-19.0M | $-15.2M | $-16.0M | $-7.0M | $-5.1M |
| Income Tax Expense | $4.0K | $3.0K | $2.0K | $2.0K | $2.0K | $1.6K | $2.0K | $2.0K |
| Net Income | $-6.5M | $-7.4M | $-13.2M | $-19.0M | $-15.2M | $-16.0M | $-7.0M | $-5.1M |
| Net Margin | -52.3% | -40.6% | -110.5% | -433.1% | -4,106.5% | -493.0% | -101.4% | -46.1% |
| EPS (Basic) | $-0.01 | $-0.01 | $-0.03 | $-0.04 | $-0.05 | $-0.06 | $0.00 | $0.00 |
| EPS (Diluted) | $-0.01 | $-0.01 | $-0.03 | $-0.04 | $-0.05 | $-0.06 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 913.7M | 827.5M | 508.0M | 451.0M | 321.6M | 247.4M | 4.77B | 4.18B |
| Shares Outstanding (Diluted) | 921.1M | 827.5M | 508.0M | 451.0M | 321.6M | 247.4M | 4.77B | 4.18B |
| Dividends Per Share | — | — | — | — | — | — | — | — |