Trutankless, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|
| Revenue | $695.9K | $429.6K | $265.5K | $238.9K |
| Cost of Revenue | $-530.6K | $490.3K | $343.0K | $440.3K |
| Gross Profit | $165.3K | $-60.7K | $-77.5K | $-201.4K |
| Gross Margin | 23.7% | -14.1% | -29.2% | -84.3% |
| Operating Expenses | ||||
| Research & Development | $165.2K | — | $318.7K | $876.8K |
| SG&A Expense | $1.7M | $1.0M | $1.7M | $1.6M |
| Operating Income | — | — | $-4.3M | $-7.0M |
| Operating Margin | — | — | -1,602.1% | -2,946.2% |
| Interest Expense | $467.2K | $383.6K | $39.7K | $205 |
| Pretax Income | — | — | $-4.3M | $-7.0M |
| Income Tax Expense | — | — | — | — |
| Net Income | $-2.9M | $-3.3M | $-4.3M | $-7.2M |
| Net Margin | -412.7% | -761.9% | -1,617.1% | -3,021.2% |
| EPS (Basic) | $-0.04 | $-0.05 | $-0.08 | $-0.17 |
| EPS (Diluted) | — | — | — | — |
| Shares Outstanding (Basic) | 75.3M | 63.4M | 55.3M | 42.7M |
| Shares Outstanding (Diluted) | 75.3M | 63.4M | 55.3M | 42.7M |
| Dividends Per Share | — | — | — | — |