XWELL, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $48.8M | $12.0M | $22.7M | $1.4M | $1.1M | $100.0K | $718.0K | $211.0K |
| Cost of Revenue | $39.0M | $6.7M | $800.0K | $0 | — | $12.5M | $155.0K | $180.0K |
| Gross Profit | $9.8M | $5.2M | $21.9M | $1.4M | — | $-12.4M | $563.0K | $31.0K |
| Gross Margin | 20.1% | 43.8% | 96.5% | 100.0% | — | -12,412.0% | 78.4% | 14.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | $889.0K | $1.5M | $543.0K | $2.0M | $2.5M |
| SG&A Expense | $16.6M | $9.7M | $10.2M | $16.4M | $15.3M | $10.2M | $2.8M | $1.8M |
| Operating Income | $-14.7M | $-17.7M | $-10.3M | $-111.2M | $-40.8M | $-22.4M | $-6.4M | $-6.5M |
| Operating Margin | -30.1% | -147.7% | -45.6% | -7,803.2% | -3,707.0% | -22,371.0% | -894.7% | -3,078.2% |
| Interest Expense | $731.0K | $1.7M | $2.6M | $0 | — | — | — | — |
| Pretax Income | $-16.0M | $-19.3M | $-12.1M | $-109.2M | $-41.7M | $-18.4M | $-7.4M | $-9.9M |
| Income Tax Expense | $111.0K | $0 | $-866.0K | $0 | $0 | $0 | $0 | $35.0K |
| Net Income | $-28.8M | $-24.0M | $-11.2M | $-109.7M | $-52.4M | $-20.8M | $-7.5M | $-9.9M |
| Net Margin | -59.1% | -200.3% | -49.2% | -7,696.6% | -4,766.6% | -20,841.0% | -1,041.6% | -4,711.8% |
| EPS (Basic) | $-0.02 | $-0.03 | $-0.02 | $-0.23 | $-0.01 | $-0.01 | $-0.02 | $-0.06 |
| EPS (Diluted) | $-0.48 | $-0.03 | $-0.02 | $-0.23 | $-0.01 | $-0.01 | $-0.02 | $-0.06 |
| Shares Outstanding (Basic) | 60.2M | 819.0M | 551.8M | 484.1M | 4.49B | 2.11B | 916.5M | 291.9M |
| Shares Outstanding (Diluted) | 60.2M | 819.0M | 551.8M | 488.6M | 4.50B | 2.25B | 916.5M | 291.9M |
| Dividends Per Share | — | — | — | — | — | — | — | — |