Lipocine
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Lipocine's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 670% to -$2,850,818. Profit margin reached 574%. Total operating expenses were $15,080,139.
Profit Margin
| 2014 | 0 | -20.37M | |
|---|---|---|---|
| 2015 | 0 | -18.20M | |
| 2016 | 0 | -18.97M | |
| 2017 | 0 | -20.98M | |
| 2018 | 428.03K | -11.66M | -2724.11% |
| 2019 | 164.99K | -13.00M | -7883.72% |
| 2020 | 0 | -20.96M | |
| 2021 | 16.14M | -634.39K | -3.93% |
| 2022 | 500K | -10.75M | -2151.73% |
| 2023 | -2.85M | -16.35M | 573.59% |
LPCN Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | -2.85M | 500K | 16.14M | 0 | 164.99K | 428.03K | 0 | 0 | 0 | 0 |
Cost of revenue | 0 | 8.55M | 7.66M | 0 | 7.46M | 6.46M | 0 | 8.07M | 0 | 0 |
Gross profit | -2.85M | -8.05M | 8.47M | 0 | -7.30M | -6.03M | 0 | -8.07M | 0 | 0 |
Operating exp. | ||||||||||
Research and development | 10.17M | 8.55M | 7.66B | 9.74M | 7.46M | 6.46M | 11.00M | 8.07M | 12.58M | 15.47M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 15.08M | 4.06M | 5.32M | 20.65M | 5.59M | 5.28M | 20.98M | 10.38M | 18.38M | 20.48M |
Operating income | -17.93M | -12.11M | 3.14M | -17.99M | -12.90M | -11.32M | -21.21M | -19.18M | -18.38M | -20.48M |
Other income (expenses), net | 1.57M | 1.36M | -3.77M | -2.96M | -106.85K | -333.50K | 235.81K | -512.55K | 173.89K | 108.33K |
Income before tax | -16.35M | -10.75M | -634.19K | -20.96M | -13.00M | -11.65M | -20.98M | -18.97M | -18.20M | -20.37M |
Income tax expense | 755 | 681 | 200 | 200 | 200 | 700 | 700 | 752 | 200 | 200 |
Net income | -16.35M | -10.75M | -634.39K | -20.96M | -13.00M | -11.66M | -20.98M | -18.97M | -18.20M | -20.37M |
Earnings per share | ||||||||||
Basic EPS | -3.14 | -2.07 | -0.12 | -6.46 | -8.54 | -9.35 | -17.79 | -17.66 | -18.79 | -27.13 |
Diluted EPS | -3.14 | -2.07 | -0.12 | -6.4 | -8.54 | -9.28 | -17.85 | -17.66 | -18.87 | -27.2 |
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