Solesence, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $12.5M | $10.8M | $10.3M | $9.9M | $9.6M | $10.0M | $9.7M | $9.5M |
| Cost of Revenue | $8.6M | $7.5M | $7.2M | $7.1M | $7.0M | $7.4M | $7.3M | $6.9M |
| Gross Profit | $3.9M | $3.2M | $3.1M | $2.8M | $2.6M | $2.6M | $2.3M | $2.5M |
| Gross Margin | 30.9% | 30.0% | 30.2% | 28.5% | 26.7% | 26.3% | 24.1% | 26.7% |
| Operating Expenses | ||||||||
| Research & Development | $1.7M | $1.6M | $1.3M | $1.3M | $1.7M | $1.6M | $1.7M | $1.6M |
| SG&A Expense | $2.9M | $3.0M | $3.0M | $3.2M | $3.4M | $3.4M | $4.0M | $4.3M |
| Operating Income | $-772.0K | $-1.3M | $-1.2M | $-1.7M | $-2.5M | $-2.4M | $-3.4M | $-4.1M |
| Operating Margin | -6.2% | -11.8% | -11.4% | -17.3% | -26.0% | -23.8% | -34.9% | -43.3% |
| Interest Expense | $34.0K | $15.0K | $14.0K | $6.0K | $12.0K | $7.0K | $4.0K | $2.3K |
| Pretax Income | $-789.0K | $-1.3M | $-1.2M | $-1.7M | $-2.5M | $-2.4M | $-3.4M | $-4.1M |
| Income Tax Expense | $0 | — | $0 | $0 | $0 | — | — | — |
| Net Income | $-789.0K | $-1.3M | $-1.2M | $-1.7M | $-2.5M | $-2.4M | $-3.4M | $-4.1M |
| Net Margin | -6.3% | -11.9% | -11.6% | -17.4% | -25.8% | -23.8% | -34.9% | -43.1% |
| EPS (Basic) | $-0.03 | $-0.04 | $-0.04 | $-0.06 | $-0.09 | $-0.10 | $-0.16 | $-0.19 |
| EPS (Diluted) | $-0.03 | $-0.04 | $-0.04 | $-0.06 | $-0.09 | $-0.10 | $-0.16 | $-0.19 |
| Shares Outstanding (Basic) | 33.8M | 31.2M | 28.6M | 28.5M | 28.5M | 28.5M | 21.2M | 21.2M |
| Shares Outstanding (Diluted) | 33.8M | 31.2M | 28.6M | 28.5M | 28.5M | 28.5M | 21.2M | 21.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |