T2 Biosystems
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. T2 Biosystems's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 68% to $7,193,000. The net income raised on -$50,077,000 and profit margin reached -696%. Total operating expenses were $41,494,000.
Profit Margin
| 2014 | 119K | -31.39M | -26378.15% |
|---|---|---|---|
| 2015 | 2.81M | -45.29M | -1610.02% |
| 2016 | 4.08M | -54.80M | -1343.24% |
| 2017 | 4.66M | -62.42M | -1337.93% |
| 2018 | 10.5M | -51.15M | -487.17% |
| 2019 | 8.33M | -63.11M | -757.19% |
| 2020 | 18.13M | -49.20M | -271.42% |
| 2021 | 28.05M | -53.49M | -190.66% |
| 2022 | 22.30M | -63.37M | -284.11% |
| 2023 | 7.19M | -50.07M | -696.19% |
TTOO Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 7.19M | 22.30M | 28.05M | 18.13M | 8.33M | 10.5M | 4.66M | 4.08M | 2.81M | 119K |
Cost of revenue | 15.36M | 21.13M | 20.70M | 21.28M | 16.76M | 15.40M | 12.02M | 6.87M | 1.74M | 19.78M |
Gross profit | -8.17M | 1.16M | 7.35M | -3.15M | -8.42M | -4.90M | -7.36M | -2.79M | 1.07M | -19.66M |
Operating exp. | ||||||||||
Research and development | 14.15M | 25.93M | 21.80M | 16.91M | 16.32M | 14.48M | 23.73M | 24.00M | 25.36M | 19.78M |
Selling and marketing | 0 | 100K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 41.49M | 56.67M | 50.32M | 38.20M | 43.63M | 40.18M | 46.49M | 48.08M | 44.45M | 30.8M |
Operating income | -49.66M | -55.51M | -42.97M | -41.35M | -52.05M | -45.09M | -53.85M | -50.87M | -43.38M | -30.68M |
Other income (expenses), net | -413K | -6.80M | -6.26M | -5.44M | -6.94M | 619K | -8.57M | 172K | -1.90M | -709K |
Income before tax | -50.07M | -62.31M | -49.24M | -46.79M | -59.00M | -51.15M | -62.42M | -54.80M | -45.29M | -31.39M |
Income tax expense | 0 | 1.05M | 4.25M | 2.41M | 4.10M | 619K | 9.23M | 1.99M | 562K | 42K |
Net income | -50.07M | -63.37M | -53.49M | -49.20M | -63.11M | -51.15M | -62.42M | -54.80M | -45.29M | -31.39M |
Earnings per share | ||||||||||
Basic EPS | -19.19 | -1.24K | -1.68K | -2.02K | -6.93K | -126.12 | -194.29 | -211 | -220.91 | -361.85 |
Diluted EPS | -19.19 | -1.24K | -1.68K | -2.02K | -6.93K | -126.12 | -194.29 | -211 | -220.91 | -361.85 |
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