VASO CORPORATION
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $72.8M | $72.6M | $57.1M | $35.0M | $32.9M | $29.2M | $31.1M | $4.2M |
| Cost of Revenue | $32.1M | $31.1M | $21.7M | $9.8M | $10.4M | $8.6M | $5.5M | $2.0M |
| Gross Profit | $40.7M | $41.5M | $35.4M | $25.2M | $22.5M | $20.6M | $21.9M | $2.2M |
| Gross Margin | 56.0% | 57.2% | 62.0% | 72.1% | 68.4% | 70.4% | 70.4% | 52.6% |
| Operating Expenses | ||||||||
| Research & Development | $945.0K | $530.0K | $515.0K | $803.0K | $689.0K | $576.0K | $462.0K | $419.0K |
| SG&A Expense | $43.6M | $39.4M | $30.9M | $23.3M | $23.1M | $23.5M | $14.4M | $3.8M |
| Operating Income | $-3.8M | $1.6M | $3.9M | $1.1M | $-1.3M | $-3.5M | $3.7M | $-2.0M |
| Operating Margin | -5.3% | 2.2% | 6.9% | 3.0% | -3.9% | -12.0% | 11.9% | -47.1% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-4.4M | $1.1M | $3.8M | $1.3M | $-1.2M | $-3.3M | $3.9M | $-1.9M |
| Income Tax Expense | $134.0K | $281.0K | $-44.0K | $127.0K | $-58.0K | $52.0K | $7.0K | $-36.0K |
| Net Income | $-4.5M | $820.0K | $3.8M | $1.1M | $-1.1M | $-3.4M | $3.6M | $-1.8M |
| Net Margin | -6.2% | 1.1% | 6.7% | 3.2% | -3.5% | -11.6% | 11.7% | -43.2% |
| EPS (Basic) | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 164.97B | 161.84B | 159.37B | 158.00B | 162.09B | 161.06B | 151.94B | 116.34T |
| Shares Outstanding (Diluted) | 164.97B | 162.11B | 159.86B | 158.68B | 162.09B | 161.06B | 161.08B | 116.34T |
| Dividends Per Share | — | — | — | — | — | — | — | — |