VirTra, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $186.0K | $0 | $748.0K | $28.3M | $24.4M | $19.1M | $18.7M | $18.1M |
| Cost of Revenue | $7.2M | $6.9M | $11.4M | $12.0M | $13.0M | $7.2M | $9.0M | $7.0M |
| Gross Profit | $15.2M | $19.4M | $26.9M | $16.3M | $11.4M | $11.9M | $9.7M | $11.0M |
| Gross Margin | 8,174.7% | — | 3,598.4% | 57.4% | 46.7% | 62.3% | 51.9% | 61.1% |
| Operating Expenses | ||||||||
| Research & Development | $2.4M | $3.0M | $2.8M | $2.6M | $1.9M | $1.6M | $1.3M | $1.4M |
| SG&A Expense | $12.4M | $14.4M | $14.2M | $11.1M | $8.1M | $9.1M | $8.1M | $8.7M |
| Operating Income | $437.5K | $2.0M | $9.9M | $2.6M | $1.5M | $1.2M | $262.3K | $999.9K |
| Operating Margin | 235.2% | — | 1,321.6% | 9.2% | 6.0% | 6.4% | 1.4% | 5.5% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $147.2K | $2.3M | $10.5M | $2.5M | $2.8M | $1.3M | $371.4K | $1.1M |
| Income Tax Expense | $-111.3K | $887.3K | $1.8M | $571.6K | $246.1K | $-218.8K | $446.7K | $310.0K |
| Net Income | $258.4K | $1.4M | $8.7M | $2.0M | $2.5M | $1.5M | $-75.3K | $818.1K |
| Net Margin | 139.0% | — | 1,156.8% | 6.9% | 10.4% | 7.7% | -0.4% | 4.5% |
| EPS (Basic) | $0.02 | $0.12 | $0.85 | $0.18 | $0.25 | $0.19 | $-0.01 | $0.10 |
| EPS (Diluted) | $0.02 | $0.12 | $0.85 | $0.18 | $0.25 | $0.19 | $-0.01 | $0.10 |
| Shares Outstanding (Basic) | 11.3M | 11.2M | 11.0M | 10.9M | 10.0M | 7.8M | 7.7M | 7.9M |
| Shares Outstanding (Diluted) | 11.3M | 11.2M | 11.0M | 10.9M | 10.1M | 7.8M | 7.7M | 8.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |