TRUTANKLESS, INC.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.5M | $695.9K | $429.6K | $265.5K | $238.9K | — | — | — |
| Cost of Revenue | $1.7M | $-530.6K | $490.3K | $343.0K | $440.3K | — | — | — |
| Gross Profit | $-165.7K | $165.3K | $-60.7K | $-77.5K | $-201.4K | — | — | — |
| Gross Margin | -10.8% | 23.7% | -14.1% | -29.2% | -84.3% | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | $216.1K | $165.2K | — | $318.7K | $876.8K | $301.8K | $45.6K | $59.5K |
| SG&A Expense | $1.4M | $1.7M | $1.0M | $1.7M | $1.6M | $129.8K | $47.9K | $22.7K |
| Operating Income | $2.9M | — | — | $-4.3M | $-7.0M | $-3.2M | — | — |
| Operating Margin | 188.2% | — | — | -1,602.1% | -2,946.2% | — | — | — |
| Interest Expense | $641.6K | $467.2K | $383.6K | $39.7K | $205 | $258 | $-3.1K | $-28.5K |
| Pretax Income | $-3.5M | — | — | $-4.3M | $-7.0M | $-3.2M | — | — |
| Income Tax Expense | $0 | — | — | — | — | — | — | — |
| Net Income | $-3.5M | $-2.9M | $-3.3M | $-4.3M | $-7.2M | $-3.2M | $-1.2M | — |
| Net Margin | -229.9% | -412.7% | -761.9% | -1,617.1% | -3,021.2% | — | — | — |
| EPS (Basic) | $-0.04 | $-0.04 | $-0.05 | $-0.08 | $-0.17 | $-0.13 | $-0.06 | $-0.06 |
| EPS (Diluted) | $-0.04 | — | — | — | — | — | — | — |
| Shares Outstanding (Basic) | 92.2M | 75.3M | 63.4M | 55.3M | 42.7M | 25.2M | 20.4M | 11.8M |
| Shares Outstanding (Diluted) | 92.2M | 75.3M | 63.4M | 55.3M | 42.7M | 25.2M | 20.4M | 11.8M |
| Dividends Per Share | — | — | — | — | — | — | — | — |