Vericel Corporation
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $63.9M | $54.4M | $51.2M | $28.8M | $19.0K | $21.0K | $18.0K | $89.0K |
| Cost of Revenue | $30.4M | $28.3M | $26.5M | $17.3M | $4.0K | $6.0K | $4.0K | $34.0K |
| Gross Profit | $33.6M | $26.1M | $24.7M | $11.5M | $15.0K | $15.0K | $14.0K | $55.0K |
| Gross Margin | 52.5% | 47.9% | 48.3% | 39.9% | 78.9% | 71.4% | 77.8% | 61.8% |
| Operating Expenses | ||||||||
| Research & Development | $12.9M | $15.3M | $18.9M | $21.3M | $15.1M | $26.0M | $21.3M | $12.7M |
| SG&A Expense | $35.6M | $27.4M | $22.5M | $13.8M | $5.9M | $7.8M | $7.7M | $5.2M |
| Operating Income | $-15.0M | $-19.2M | $-16.7M | $-23.5M | $-21.0M | $-33.8M | $-29.0M | $-17.8M |
| Operating Margin | -23.4% | -35.4% | -32.6% | -81.7% | -110,336.8% | -160,761.9% | -161,333.3% | -20,004.5% |
| Interest Expense | $92.0K | $15.0K | $9.0K | $6.0K | $11.0K | $12.0K | $10.0K | $40.0K |
| Pretax Income | $-17.3M | $-19.6M | $-16.3M | $-19.9M | $-15.6M | $-29.5M | $-19.7M | $-14.6M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | — | — | — |
| Net Income | $-17.3M | $-19.6M | $-16.3M | $-19.9M | $-15.6M | $-29.5M | $-19.7M | $-14.6M |
| Net Margin | -27.0% | -36.0% | -31.9% | -69.2% | -82,221.1% | -140,352.4% | -109,266.7% | -16,357.3% |
| EPS (Basic) | $-0.52 | $-1.18 | $-0.97 | $-2.23 | $-6.95 | $-16.25 | $-10.18 | $-0.59 |
| EPS (Diluted) | $-0.52 | $-1.18 | $-0.97 | $-2.23 | $-6.95 | $-16.25 | $-10.18 | $-0.59 |
| Shares Outstanding (Basic) | 35.9M | 31.6M | 23.8M | 23.8M | 4.7M | 2.2M | 38.6M | 24.7M |
| Shares Outstanding (Diluted) | 35.9M | 31.6M | 23.8M | 23.8M | 4.7M | 2.2M | 38.6M | 24.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |