Antares Pharma Inc
NASDAQ:ATRS
Income Statement
Earnings Waterfall
Antares Pharma Inc
Revenue
|
184m
USD
|
Cost of Revenue
|
-68.3m
USD
|
Gross Profit
|
115.7m
USD
|
Operating Expenses
|
-88.4m
USD
|
Operating Income
|
27.3m
USD
|
Other Expenses
|
18.9m
USD
|
Net Income
|
46.3m
USD
|
Income Statement
Antares Pharma Inc
Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||||||
Revenue |
20
N/A
|
21
+5%
|
23
+9%
|
23
+0%
|
20
-10%
|
22
+7%
|
21
-1%
|
21
-4%
|
21
+3%
|
22
+2%
|
23
+5%
|
27
+16%
|
30
+12%
|
38
+27%
|
42
+12%
|
46
+8%
|
50
+9%
|
47
-4%
|
50
+5%
|
52
+5%
|
52
-1%
|
53
+2%
|
55
+3%
|
55
0%
|
55
+1%
|
56
+1%
|
59
+5%
|
64
+8%
|
74
+17%
|
88
+19%
|
105
+19%
|
124
+18%
|
134
+8%
|
138
+3%
|
143
+4%
|
150
+4%
|
159
+6%
|
171
+8%
|
179
+5%
|
184
+3%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(7)
|
(8)
|
(10)
|
(10)
|
(10)
|
(11)
|
(10)
|
(9)
|
(8)
|
(7)
|
(7)
|
(11)
|
(14)
|
(16)
|
(19)
|
(19)
|
(23)
|
(25)
|
(28)
|
(29)
|
(28)
|
(27)
|
(27)
|
(27)
|
(28)
|
(30)
|
(29)
|
(31)
|
(35)
|
(40)
|
(46)
|
(50)
|
(55)
|
(55)
|
(58)
|
(63)
|
(65)
|
(68)
|
(68)
|
(68)
|
|
Gross Profit |
12
N/A
|
12
-1%
|
13
+2%
|
13
+4%
|
11
-18%
|
11
+3%
|
11
+1%
|
11
+2%
|
13
+13%
|
15
+14%
|
16
+11%
|
15
-7%
|
16
+4%
|
21
+35%
|
23
+9%
|
26
+12%
|
27
+3%
|
22
-18%
|
22
-2%
|
23
+8%
|
24
+1%
|
27
+12%
|
28
+4%
|
27
-2%
|
27
-1%
|
26
-2%
|
30
+15%
|
32
+7%
|
39
+21%
|
48
+22%
|
59
+22%
|
73
+25%
|
79
+8%
|
83
+5%
|
85
+3%
|
87
+1%
|
94
+9%
|
103
+9%
|
111
+8%
|
116
+4%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(16)
|
(17)
|
(19)
|
(25)
|
(25)
|
(28)
|
(31)
|
(32)
|
(39)
|
(45)
|
(47)
|
(50)
|
(49)
|
(47)
|
(47)
|
(47)
|
(48)
|
(48)
|
(48)
|
(48)
|
(45)
|
(44)
|
(44)
|
(44)
|
(44)
|
(45)
|
(45)
|
(49)
|
(55)
|
(62)
|
(69)
|
(72)
|
(74)
|
(74)
|
(72)
|
(73)
|
(74)
|
(79)
|
(85)
|
(88)
|
|
Selling, General & Administrative |
(8)
|
(8)
|
(8)
|
(10)
|
(10)
|
(11)
|
(14)
|
(17)
|
(22)
|
(29)
|
(31)
|
(32)
|
(30)
|
(28)
|
(28)
|
(27)
|
(28)
|
(28)
|
(27)
|
(26)
|
(26)
|
(27)
|
(29)
|
(30)
|
(31)
|
(31)
|
(31)
|
(37)
|
(44)
|
(52)
|
(60)
|
(62)
|
(63)
|
(63)
|
(61)
|
(63)
|
(64)
|
(67)
|
(72)
|
(74)
|
|
Research & Development |
(8)
|
(8)
|
(11)
|
(15)
|
(15)
|
(17)
|
(17)
|
(15)
|
(17)
|
(16)
|
(16)
|
(19)
|
(18)
|
(19)
|
(20)
|
(20)
|
(21)
|
(20)
|
(21)
|
(21)
|
(19)
|
(18)
|
(15)
|
(13)
|
(13)
|
(14)
|
(14)
|
(12)
|
(11)
|
(10)
|
(9)
|
(11)
|
(11)
|
(11)
|
(11)
|
(10)
|
(10)
|
(11)
|
(13)
|
(15)
|
|
Operating Income |
(3)
N/A
|
(4)
-38%
|
(7)
-52%
|
(11)
-74%
|
(15)
-29%
|
(17)
-16%
|
(20)
-17%
|
(21)
-5%
|
(26)
-26%
|
(30)
-15%
|
(31)
-3%
|
(35)
-13%
|
(33)
+6%
|
(25)
+23%
|
(24)
+6%
|
(20)
+15%
|
(21)
-5%
|
(26)
-21%
|
(26)
-1%
|
(24)
+9%
|
(21)
+12%
|
(18)
+16%
|
(17)
+7%
|
(16)
+1%
|
(17)
-5%
|
(19)
-7%
|
(15)
+19%
|
(17)
-11%
|
(16)
+4%
|
(14)
+15%
|
(10)
+25%
|
1
N/A
|
5
+361%
|
9
+100%
|
13
+42%
|
14
+4%
|
20
+50%
|
24
+18%
|
26
+9%
|
27
+4%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
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)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
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
|
13
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
39
|
|
Total Other Income |
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
|
13
|
13
|
13
|
1
|
1
|
1
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Pre-Tax Income |
(3)
N/A
|
(4)
-41%
|
(7)
-52%
|
(11)
-74%
|
(15)
-29%
|
(17)
-16%
|
(20)
-17%
|
(21)
-5%
|
(26)
-26%
|
(30)
-15%
|
(31)
-3%
|
(35)
-13%
|
(33)
+6%
|
(26)
+23%
|
(24)
+6%
|
(20)
+15%
|
(21)
-4%
|
(26)
-21%
|
(26)
-1%
|
(24)
+8%
|
(21)
+12%
|
(18)
+15%
|
(17)
+4%
|
(17)
+4%
|
(18)
-9%
|
(20)
-9%
|
(16)
+18%
|
(7)
+60%
|
(6)
+10%
|
(4)
+39%
|
(1)
+83%
|
(2)
-238%
|
1
N/A
|
6
+383%
|
10
+71%
|
10
+4%
|
17
+68%
|
20
+20%
|
22
+11%
|
62
+180%
|
|
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
|
0
|
0
|
0
|
0
|
46
|
46
|
45
|
43
|
(16)
|
|
Income from Continuing Operations |
(3)
|
(4)
|
(7)
|
(11)
|
(15)
|
(17)
|
(20)
|
(21)
|
(26)
|
(30)
|
(31)
|
(35)
|
(33)
|
(26)
|
(24)
|
(21)
|
(22)
|
(26)
|
(26)
|
(24)
|
(21)
|
(18)
|
(18)
|
(17)
|
(18)
|
(20)
|
(16)
|
(7)
|
(6)
|
(4)
|
(1)
|
(2)
|
1
|
6
|
10
|
56
|
62
|
65
|
65
|
46
|
|
Net Income (Common) |
(3)
N/A
|
(4)
-41%
|
(7)
-52%
|
(11)
-74%
|
(15)
-29%
|
(17)
-16%
|
(20)
-17%
|
(21)
-3%
|
(26)
-26%
|
(30)
-15%
|
(31)
-3%
|
(35)
-14%
|
(33)
+6%
|
(26)
+23%
|
(24)
+6%
|
(21)
+14%
|
(22)
-4%
|
(26)
-21%
|
(26)
-1%
|
(24)
+8%
|
(21)
+12%
|
(18)
+15%
|
(18)
+4%
|
(17)
+5%
|
(18)
-9%
|
(20)
-9%
|
(16)
+18%
|
(7)
+60%
|
(6)
+10%
|
(4)
+39%
|
(1)
+83%
|
(2)
-238%
|
1
N/A
|
6
+383%
|
10
+71%
|
56
+490%
|
62
+11%
|
65
+4%
|
65
+1%
|
46
-29%
|
|
EPS (Diluted) |
-0.03
N/A
|
-0.04
-33%
|
-0.06
-50%
|
-0.09
-50%
|
-0.12
-33%
|
-0.13
-8%
|
-0.16
-23%
|
-0.16
N/A
|
-0.2
-25%
|
-0.23
-15%
|
-0.23
N/A
|
-0.27
-17%
|
-0.25
+7%
|
-0.18
+28%
|
-0.16
+11%
|
-0.13
+19%
|
-0.14
-8%
|
-0.17
-21%
|
-0.17
N/A
|
-0.16
+6%
|
-0.14
+13%
|
-0.12
+14%
|
-0.11
+8%
|
-0.11
N/A
|
-0.12
-9%
|
-0.13
-8%
|
-0.1
+23%
|
-0.04
+60%
|
-0.04
N/A
|
-0.02
+50%
|
0
N/A
|
-0.01
N/A
|
0.01
N/A
|
0.03
+200%
|
0.06
+100%
|
0.33
+450%
|
0.36
+9%
|
0.37
+3%
|
0.37
N/A
|
0.27
-27%
|