Novan Inc
F:6LUA
Income Statement
Earnings Waterfall
Novan Inc
Income Statement
Novan Inc
| Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||
| Revenue |
(3)
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
1
+225%
|
2
+84%
|
3
+32%
|
3
+13%
|
3
-2%
|
3
-8%
|
6
+133%
|
6
+7%
|
7
+7%
|
8
+10%
|
5
-35%
|
5
+2%
|
5
+4%
|
5
N/A
|
5
-6%
|
5
-8%
|
4
-13%
|
3
-15%
|
3
-12%
|
4
+37%
|
9
+133%
|
14
+46%
|
24
+71%
|
25
+5%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||
| Cost of Revenue |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(3)
|
(4)
|
(7)
|
(8)
|
|
| Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
2
N/A
|
5
+206%
|
9
+70%
|
16
+82%
|
16
+1%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||
| Operating Expenses |
(19)
|
(26)
|
(32)
|
(45)
|
(57)
|
(60)
|
(60)
|
(52)
|
(43)
|
(38)
|
(36)
|
(35)
|
(36)
|
(35)
|
(33)
|
(34)
|
(36)
|
(36)
|
(35)
|
(33)
|
(30)
|
(31)
|
(37)
|
(33)
|
(33)
|
(33)
|
(35)
|
(38)
|
(44)
|
(46)
|
(47)
|
|
| Selling, General & Administrative |
(7)
|
(9)
|
(11)
|
(13)
|
(13)
|
(13)
|
(15)
|
(14)
|
(15)
|
(13)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(11)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(16)
|
(21)
|
(27)
|
(29)
|
(33)
|
|
| Research & Development |
(11)
|
(17)
|
(21)
|
(32)
|
(44)
|
(47)
|
(46)
|
(38)
|
(28)
|
(25)
|
(25)
|
(24)
|
(24)
|
(23)
|
(22)
|
(22)
|
(24)
|
(25)
|
(25)
|
(23)
|
(19)
|
(20)
|
(21)
|
(23)
|
(22)
|
(20)
|
(19)
|
(17)
|
(17)
|
(16)
|
(16)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
4
|
|
| Operating Income |
(21)
N/A
|
(26)
-21%
|
(32)
-23%
|
(45)
-41%
|
(57)
-26%
|
(60)
-5%
|
(60)
+0%
|
(51)
+14%
|
(41)
+20%
|
(36)
+13%
|
(33)
+7%
|
(32)
+4%
|
(33)
-4%
|
(29)
+13%
|
(27)
+6%
|
(27)
-1%
|
(28)
-5%
|
(31)
-9%
|
(30)
+2%
|
(27)
+9%
|
(25)
+11%
|
(26)
-7%
|
(32)
-23%
|
(30)
+9%
|
(29)
+0%
|
(30)
-2%
|
(31)
-3%
|
(31)
-2%
|
(35)
-10%
|
(29)
+15%
|
(30)
-4%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||
| Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
0
|
3
|
4
|
5
|
16
|
13
|
12
|
11
|
9
|
9
|
9
|
9
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(4)
|
(4)
|
0
|
(1)
|
1
|
1
|
(3)
|
(5)
|
(0)
|
(1)
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
|
| Pre-Tax Income |
(21)
N/A
|
(26)
-22%
|
(32)
-23%
|
(45)
-41%
|
(57)
-26%
|
(60)
-5%
|
(60)
0%
|
(52)
+13%
|
(42)
+20%
|
(37)
+12%
|
(31)
+17%
|
(28)
+7%
|
(28)
+1%
|
(13)
+55%
|
(14)
-11%
|
(15)
-5%
|
(17)
-17%
|
(22)
-25%
|
(21)
+2%
|
(21)
+1%
|
(20)
+5%
|
(29)
-48%
|
(32)
-9%
|
(30)
+6%
|
(28)
+6%
|
(30)
-6%
|
(34)
-15%
|
(37)
-8%
|
(37)
+1%
|
(31)
+14%
|
(32)
-2%
|
|
| Net Income | ||||||||||||||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
|
| Income from Continuing Operations |
(21)
|
(26)
|
(32)
|
(45)
|
(57)
|
(60)
|
(60)
|
(52)
|
(42)
|
(37)
|
(31)
|
(28)
|
(28)
|
(13)
|
(14)
|
(15)
|
(17)
|
(22)
|
(21)
|
(21)
|
(20)
|
(29)
|
(32)
|
(30)
|
(28)
|
(30)
|
(34)
|
(37)
|
(37)
|
(31)
|
(32)
|
|
| Net Income (Common) |
(21)
N/A
|
(28)
-36%
|
(34)
-20%
|
(46)
-38%
|
(58)
-25%
|
(60)
-3%
|
(60)
0%
|
(52)
+13%
|
(42)
+20%
|
(37)
+12%
|
(31)
+17%
|
(28)
+7%
|
(28)
+1%
|
(13)
+55%
|
(14)
-11%
|
(15)
-5%
|
(17)
-17%
|
(22)
-25%
|
(21)
+2%
|
(21)
+1%
|
(20)
+5%
|
(29)
-48%
|
(32)
-9%
|
(30)
+6%
|
(28)
+6%
|
(30)
-6%
|
(34)
-15%
|
(37)
-8%
|
(37)
+1%
|
(31)
+14%
|
(32)
-2%
|
|
| EPS (Diluted) |
-13.77
N/A
|
-18.34
-33%
|
-22.41
-22%
|
-30.94
-38%
|
-38.53
-25%
|
-15.3
+60%
|
-37.38
-144%
|
-32.34
+13%
|
-26
+20%
|
-22.96
+12%
|
-12.23
+47%
|
-10.89
+11%
|
-10.77
+1%
|
-4.85
+55%
|
-5.42
-12%
|
-5.69
-5%
|
-6.59
-16%
|
-8.09
-23%
|
-5.71
+29%
|
-2.59
+55%
|
-1.48
+43%
|
-2.04
-38%
|
-2.13
-4%
|
-1.92
+10%
|
-1.49
+22%
|
-1.57
-5%
|
-1.81
-15%
|
-1.82
-1%
|
-1.49
+18%
|
-1.27
+15%
|
-1.22
+4%
|
|