STEMTECH CORPORATION
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $2.9M | $5.1M | $4.9M | $4.6M | $4.3M | $4.4M |
| Cost of Revenue | $566.9K | $1.3M | $1.0M | $1.2M | $1.0M | $715.2K |
| Gross Profit | $2.3M | $3.7M | $3.9M | $3.4M | $3.3M | $3.7M |
| Gross Margin | 80.3% | 73.8% | 79.6% | 74.5% | 76.3% | 83.7% |
| Operating Expenses | ||||||
| Research & Development | $0 | $0 | $13.8K | $0 | — | $750 |
| SG&A Expense | $4.6M | $5.2M | $6.4M | $6.8M | $4.8M | $3.4M |
| Operating Income | $-2.7M | $-2.4M | $-4.2M | $-5.0M | $-3.2M | $-1.4M |
| Operating Margin | -94.2% | -47.2% | -85.8% | -110.2% | -74.3% | -32.7% |
| Interest Expense | — | — | — | — | $8.3M | $158.7K |
| Pretax Income | $-4.0M | $-3.8M | $-5.4M | $-8.5M | $-7.1M | $-1.7M |
| Income Tax Expense | $0 | $0 | $0 | $95.6K | $0 | $-65 |
| Net Income | $-4.0M | $-3.8M | $-5.4M | $-8.5M | $-7.1M | $-916.7K |
| Net Margin | -140.7% | -74.6% | -110.3% | -187.4% | -163.8% | -20.9% |
| EPS (Basic) | $-0.02 | $-0.03 | $-0.07 | $-0.19 | $-0.20 | $-0.03 |
| EPS (Diluted) | $-0.02 | $-0.03 | $-0.07 | $-0.19 | $-0.20 | $-0.03 |
| Shares Outstanding (Basic) | 169.8M | 118.7M | 83.5M | 46.0M | 35.3M | 37.3M |
| Shares Outstanding (Diluted) | 169.8M | 118.7M | 83.5M | 46.0M | 35.3M | 37.3M |
| Dividends Per Share | — | — | — | — | — | — |