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Income Statement

Income Statement

  Year Ending Dec 2019 (Update) Year Ending Dec 2018 (Update) Year Ending Dec 2017 (Restated) Year Ending Dec 2016 (Update)
Net Sales 13.64 15.64 10.51 8.90
Revenue 13.64 15.64 10.51 8.90
Total Revenue 13.64 15.64 10.51 8.90
Cost of Revenue 10.41 11.61 8.31 6.62
Cost of Revenue, Total 10.41 11.61 8.31 6.62
Gross Profit 3.23 4.03 2.19 2.27
Selling/General/Administrative Expense 1.85 4.17 3.74 3.23
Labor & Related Expense 2.33 -- -- --
Selling/General/Administrative Expenses, Total 4.18 4.17 3.74 3.23
Research & Development 0.22 0.21 0.11 0.12
Depreciation 0.36 -- -- --
Depreciation/Amortization 0.36 -- -- --
Other Unusual Expense (Income) -- -- -- -0.15
Unusual Expense (Income) -- -- -- -0.15
Total Operating Expense 15.17 15.99 12.17 9.83
Operating Income -1.53 -0.35 -1.66 -0.93
Interest Expense - Non-Operating -0.70 -0.22 -0.16 -0.06
Interest Expense, Net Non-Operating -0.70 -0.22 -0.16 -0.06
Interest Income (Expense), Net-Non-Operating, Total -0.70 -0.22 -0.16 -0.06
Other Non-Operating Income (Expense) 0.00 0.00 0.03 -1.31
Other, Net 0.00 0.00 0.03 -1.31
Net Income Before Taxes -2.23 -0.57 -1.79 -2.30
Income After Tax -2.23 -0.57 -1.79 -2.30
Net Income Before Extraordinary Items -2.23 -0.57 -1.79 -2.30
Net Income -2.23 -0.57 -1.79 -2.30
Income Available to Common Excluding Extraordinary Items -2.23 -0.57 -1.79 -2.30
Income Available to Common Stocks Including Extraordinary Items -2.23 -0.57 -1.79 -2.30
Basic Weighted Average Shares 63.60 62.12 55.77 52.97
Basic EPS Excluding Extraordinary Items -0.04 -0.01 -0.03 -0.04
Basic EPS Including Extraordinary Items -0.04 -0.01 -0.03 -0.04
Diluted Net Income -2.23 -0.57 -1.79 -2.30
Diluted Weighted Average Shares 63.60 62.12 55.77 52.97
Diluted EPS Excluding Extraordinary Items -0.04 -0.01 -0.03 -0.04
Diluted EPS Including Extraordinary Items -0.04 -0.01 -0.03 -0.04
DPS - Common Stock Primary Issue -- -- 0.00 0.00
Gross Dividends - Common Stock 0.00 -- -- --
Total Special Items -- -- -- -0.15
Normalized Income Before Taxes -2.23 -0.57 -1.79 -2.45
Effect of Special Items on Income Taxes -- -- -- 0.00
Income Taxes Excluding Impact of Special Items -- -- -- 0.00
Normalized Income After Taxes -2.23 -0.57 -1.79 -2.45
Normalized Income Available to Common -2.23 -0.57 -1.79 -2.45
Basic Normalized EPS -0.04 -0.01 -0.03 -0.05
Diluted Normalized EPS -0.04 -0.01 -0.03 -0.05
Amortization of Intangibles, Supplemental 0.02 -- -- --
Depreciation, Supplemental 0.51 0.30 0.16 0.21
Interest Expense, Supplemental 0.76 0.22 0.16 0.06
Rental Expense, Supplemental 0.15 -- -- --
Stock-Based Compensation, Supplemental 0.06 -- -- --
Research & Development Expense, Supplemental 0.22 0.21 0.11 0.12
Gross Margin 23.70 25.75 20.89 25.55
Operating Margin -11.21 -2.25 -15.81 -10.48
Pretax Margin -16.35 -3.62 -17.05 -25.84
Net Profit Margin -16.35 -3.62 -17.05 -25.84
Normalized EBIT -1.53 -0.35 -1.66 -1.08
Normalized EBITDA -1.00 -0.05 -1.50 -0.87

In millions of USD (except for per share items)

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