TERAWULF INC.
Income Statement
| Line Item | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|
| Revenue | $17.6M | $17.6M | $18.5M | $17.5M | $17.3M | $16.8M | $16.5M |
| Cost of Revenue | $11.3M | $11.4M | $11.8M | $10.6M | $10.4M | $10.1M | $9.7M |
| Gross Profit | $6.2M | $6.1M | $6.7M | $6.9M | $6.9M | $6.7M | $6.8M |
| Gross Margin | 35.5% | 35.0% | 36.3% | 39.7% | 40.1% | 40.0% | 41.2% |
| Operating Expenses | |||||||
| Research & Development | $647.1K | $660.4K | $665.0K | $649.3K | $629.8K | $512.3K | $695.6K |
| SG&A Expense | $5.6M | $5.3M | $5.1M | $5.4M | $5.3M | $5.2M | $4.6M |
| Operating Income | $-22.0K | $220.8K | $913.5K | $920.1K | $1.0M | $1.0M | $1.5M |
| Operating Margin | -0.1% | 1.3% | 4.9% | 5.3% | 6.0% | 6.1% | 9.3% |
| Interest Expense | $58.2K | — | — | — | — | — | — |
| Pretax Income | $-69.1K | $225.0K | $918.8K | $927.2K | $1.0M | $1.0M | $1.6M |
| Income Tax Expense | $-4.0K | $90.0K | $270.0K | $245.0K | $351.0K | $345.0K | $440.0K |
| Net Income | $-65.1K | $135.0K | $648.8K | $682.2K | $693.9K | $698.3K | $1.1M |
| Net Margin | -0.4% | 0.8% | 3.5% | 3.9% | 4.0% | 4.2% | 6.7% |
| EPS (Basic) | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 |
| EPS (Diluted) | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 |
| Shares Outstanding (Basic) | 86.8M | 86.8M | 86.7M | 86.3M | 85.5M | 85.2M | 84.8M |
| Shares Outstanding (Diluted) | 86.8M | 86.8M | 86.8M | 86.5M | 85.6M | 85.4M | 84.9M |
| Dividends Per Share | — | — | — | — | — | — | — |