XTI Aerospace
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. XTI Aerospace's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 51% to $4,562,000. Profit margin reached -1007%. Total operating expenses were $21,735,000.

Profit Margin

XTI Aerospace, Inc. (NASDAQ:XTIA): Profit margin
2017 3.93M -35.01M -889.78%
2020 9.29M -29.22M -314.39%
2023 4.56M -45.94M -1007.17%

XTIA Income Statement (2017 – 2023)

2023 2020 2017
Revenue
Revenue
4.56M9.29M3.93M
Cost of revenue
2.30M6.23M6.02M
Gross profit
2.26M3.06M-2.09M
Operating exp.
Research and development
4.35M6.52M964K
Selling and marketing
2.63M00
Total operating expenses
21.73M28.16M12.34M
Operating income
-19.47M-25.10M-14.43M
Other income (expenses), net
-14.85M-4.16M-3.64M
Income before tax
-34.32M-29.27M-18.08M
Income tax expense
24K-56K0
Net income
-45.94M-29.22M-35.01M
Earnings per share
Basic EPS
-76.42-7.61K-1.86B
Diluted EPS
-76.42-7.61K-1.86B