USBC, INC.
Income Statement
| Line Item | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|
| Revenue | $0 | $4.4M | $0 | $121.9K | $1.8M | $4.3M | $4.9M |
| Cost of Revenue | — | — | $0 | $69.7K | $1.4M | $3.5M | $4.0M |
| Gross Profit | — | — | $0 | $52.2K | $426.5K | $821.6K | $907.8K |
| Gross Margin | — | — | — | 42.8% | 23.6% | 19.1% | 18.6% |
| Operating Expenses | |||||||
| Research & Development | $7.7M | $5.4M | $4.0M | $2.0M | $1.3M | $570.5K | $79.4K |
| SG&A Expense | $6.6M | $8.1M | $6.5M | $4.8M | $4.2M | $2.5M | $3.1M |
| Operating Income | $-14.0M | $-12.6M | $-10.4M | $-6.8M | $-5.0M | $-2.3M | $-3.2M |
| Operating Margin | — | -288.4% | — | -5,597.8% | -277.7% | -52.5% | -66.5% |
| Interest Expense | $389.6K | $8.0M | $14.9M | $6.1M | $2.9M | $1.2M | $377.0K |
| Pretax Income | $-15.3M | $-20.1M | $-25.4M | $-13.6M | $-7.6M | $-3.3M | $-3.9M |
| Income Tax Expense | $0 | $0 | $0 | $0 | — | — | — |
| Net Income | $-15.3M | $-20.1M | $-25.4M | $-13.6M | $-7.6M | $-3.3M | $-3.9M |
| Net Margin | — | -460.3% | — | -11,122.5% | -421.7% | -75.7% | -80.0% |
| EPS (Basic) | — | — | $-0.03 | $-0.02 | $-0.01 | $-0.01 | $-0.03 |
| EPS (Diluted) | — | — | $-0.03 | $-0.02 | $-0.01 | $-0.01 | $-0.03 |
| Shares Outstanding (Basic) | 2.36B | 1.40B | 1.04B | 746.2M | 534.7M | 508.4M | 135.0M |
| Shares Outstanding (Diluted) | 2.36B | 1.40B | 1.04B | 746.2M | 534.7M | 508.4M | 135.0M |
| Dividends Per Share | — | — | — | — | — | — | — |