EXICURE, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $500.0K | $0 | $28.8M | $-483.0K | $16.6M | $1.3M | $118.0K |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | $3.3M | $0 | $1.4M | $19.8M | $49.0M | $32.1M | $19.3M | $14.1M |
| SG&A Expense | $6.8M | $5.4M | $11.7M | $10.9M | $13.1M | $10.0M | $8.6M | $7.8M |
| Operating Income | $-4.2M | $-12.2M | $-15.0M | $-1.8M | $-62.5M | $-25.4M | $-26.6M | $-21.8M |
| Operating Margin | — | -2,446.4% | — | -6.4% | 12,950.1% | -153.1% | -2,053.8% | -18,490.7% |
| Interest Expense | — | — | $0 | $595.0K | $1.7M | $573.0K | $786.0K | $672.0K |
| Pretax Income | $-5.6M | $-9.7M | $-16.9M | $-2.4M | $-64.1M | $-24.7M | $-26.3M | — |
| Income Tax Expense | $-634.0K | $8.0K | $0 | $209.0K | $0 | $0 | $0 | $0 |
| Net Income | $-4.9M | $-9.7M | $-16.9M | $-2.6M | $-64.1M | $-24.7M | $-26.3M | $-22.4M |
| Net Margin | — | -1,940.2% | — | -9.0% | 13,271.6% | -148.5% | -2,029.6% | -18,994.1% |
| EPS (Basic) | $-0.79 | $-1.58 | $-3.52 | $-0.19 | $-7.23 | $-0.09 | $-0.15 | $-0.18 |
| EPS (Diluted) | $-0.79 | $-1.58 | $-3.52 | $-0.19 | $-7.23 | $-0.09 | $-0.15 | $-0.18 |
| Shares Outstanding (Basic) | 6.3M | 6.1M | 4.8M | 13.9M | 8.9M | 261.6M | 258.2M | 133.1M |
| Shares Outstanding (Diluted) | 6.3M | 6.1M | 4.8M | 13.9M | 8.9M | 261.6M | 258.2M | 133.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |