Codexis Inc
NASDAQ:CDXS
Income Statement
Earnings Waterfall
Codexis Inc
Revenue
|
70.1m
USD
|
Cost of Revenue
|
-12.8m
USD
|
Gross Profit
|
57.3m
USD
|
Operating Expenses
|
-112.1m
USD
|
Operating Income
|
-54.8m
USD
|
Other Expenses
|
-21.4m
USD
|
Net Income
|
-76.2m
USD
|
Income Statement
Codexis Inc
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 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
32
N/A
|
28
-14%
|
27
-1%
|
31
+13%
|
35
+15%
|
35
-1%
|
34
-2%
|
44
+29%
|
42
-6%
|
43
+3%
|
53
+23%
|
50
-5%
|
49
-3%
|
49
+0%
|
43
-12%
|
38
-11%
|
50
+31%
|
56
+12%
|
59
+6%
|
66
+12%
|
61
-9%
|
62
+3%
|
61
-2%
|
66
+8%
|
69
+4%
|
68
-1%
|
70
+4%
|
67
-5%
|
69
+4%
|
72
+5%
|
83
+14%
|
101
+22%
|
105
+3%
|
122
+16%
|
135
+11%
|
133
-2%
|
139
+4%
|
116
-16%
|
99
-15%
|
74
-25%
|
70
-5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(15)
|
(11)
|
(10)
|
(11)
|
(10)
|
(9)
|
(8)
|
(8)
|
(7)
|
(8)
|
(9)
|
(10)
|
(10)
|
(10)
|
(12)
|
(13)
|
(14)
|
(15)
|
(14)
|
(14)
|
(13)
|
(13)
|
(13)
|
(15)
|
(16)
|
(14)
|
(13)
|
(11)
|
(14)
|
(15)
|
(18)
|
(21)
|
(22)
|
(27)
|
(33)
|
(36)
|
(38)
|
(34)
|
(26)
|
(18)
|
(13)
|
|
Gross Profit |
17
N/A
|
16
-7%
|
17
+7%
|
20
+14%
|
26
+30%
|
26
+3%
|
27
+1%
|
37
+38%
|
35
-4%
|
35
+1%
|
44
+25%
|
40
-9%
|
39
-3%
|
39
-1%
|
31
-19%
|
25
-19%
|
36
+42%
|
41
+15%
|
45
+11%
|
52
+16%
|
48
-9%
|
49
+2%
|
48
-3%
|
51
+8%
|
53
+3%
|
54
+2%
|
57
+7%
|
55
-4%
|
55
0%
|
57
+3%
|
65
+14%
|
80
+23%
|
83
+3%
|
96
+16%
|
102
+6%
|
96
-5%
|
101
+4%
|
82
-18%
|
73
-11%
|
56
-24%
|
57
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(59)
|
(54)
|
(52)
|
(49)
|
(45)
|
(45)
|
(42)
|
(42)
|
(43)
|
(45)
|
(46)
|
(46)
|
(48)
|
(48)
|
(49)
|
(54)
|
(59)
|
(61)
|
(63)
|
(62)
|
(59)
|
(61)
|
(62)
|
(64)
|
(65)
|
(69)
|
(72)
|
(76)
|
(79)
|
(82)
|
(89)
|
(96)
|
(105)
|
(117)
|
(122)
|
(128)
|
(132)
|
(129)
|
(130)
|
(121)
|
(112)
|
|
Selling, General & Administrative |
(27)
|
(25)
|
(23)
|
(23)
|
(22)
|
(22)
|
(21)
|
(21)
|
(22)
|
(24)
|
(25)
|
(24)
|
(25)
|
(25)
|
(25)
|
(28)
|
(29)
|
(30)
|
(31)
|
(30)
|
(29)
|
(30)
|
(30)
|
(31)
|
(32)
|
(32)
|
(33)
|
(34)
|
(35)
|
(37)
|
(42)
|
(46)
|
(49)
|
(54)
|
(52)
|
(52)
|
(52)
|
(52)
|
(55)
|
(53)
|
(53)
|
|
Research & Development |
(32)
|
(29)
|
(28)
|
(26)
|
(23)
|
(23)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(22)
|
(22)
|
(24)
|
(26)
|
(30)
|
(31)
|
(32)
|
(32)
|
(30)
|
(31)
|
(32)
|
(33)
|
(34)
|
(37)
|
(39)
|
(43)
|
(44)
|
(45)
|
(47)
|
(50)
|
(56)
|
(64)
|
(70)
|
(77)
|
(80)
|
(77)
|
(76)
|
(67)
|
(59)
|
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(41)
N/A
|
(38)
+8%
|
(34)
+9%
|
(29)
+14%
|
(19)
+35%
|
(18)
+4%
|
(15)
+18%
|
(5)
+66%
|
(8)
-53%
|
(9)
-18%
|
(1)
+86%
|
(6)
-336%
|
(9)
-55%
|
(9)
-5%
|
(18)
-95%
|
(29)
-65%
|
(23)
+21%
|
(20)
+12%
|
(18)
+12%
|
(10)
+45%
|
(11)
-16%
|
(12)
-5%
|
(15)
-23%
|
(12)
+16%
|
(13)
-2%
|
(15)
-21%
|
(15)
+3%
|
(21)
-43%
|
(24)
-14%
|
(25)
-6%
|
(24)
+6%
|
(16)
+31%
|
(23)
-40%
|
(22)
+3%
|
(20)
+9%
|
(32)
-60%
|
(32)
+1%
|
(47)
-48%
|
(57)
-21%
|
(65)
-15%
|
(55)
+16%
|
|
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
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
1
|
1
|
2
|
3
|
4
|
4
|
|
Non-Reccuring Items |
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
|
0
|
(3)
|
(3)
|
(3)
|
(16)
|
(13)
|
|
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)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
(4)
|
(12)
|
|
Pre-Tax Income |
(41)
N/A
|
(38)
+8%
|
(35)
+10%
|
(30)
+14%
|
(19)
+35%
|
(18)
+5%
|
(15)
+17%
|
(5)
+65%
|
(8)
-50%
|
(9)
-18%
|
(1)
+86%
|
(6)
-318%
|
(9)
-55%
|
(9)
-6%
|
(18)
-94%
|
(29)
-65%
|
(23)
+21%
|
(20)
+12%
|
(18)
+13%
|
(10)
+46%
|
(11)
-14%
|
(11)
-4%
|
(14)
-24%
|
(12)
+17%
|
(12)
-1%
|
(14)
-21%
|
(14)
+3%
|
(20)
-46%
|
(24)
-16%
|
(25)
-6%
|
(23)
+7%
|
(15)
+36%
|
(21)
-42%
|
(20)
+3%
|
(19)
+8%
|
(31)
-66%
|
(33)
-7%
|
(48)
-43%
|
(57)
-19%
|
(81)
-44%
|
(76)
+6%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(34)
|
(34)
|
(34)
|
(34)
|
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 |
(41)
|
(38)
|
(34)
|
(29)
|
(19)
|
(18)
|
(15)
|
(5)
|
(8)
|
(9)
|
(1)
|
(5)
|
(9)
|
(9)
|
(18)
|
(29)
|
(57)
|
(54)
|
(52)
|
(44)
|
(11)
|
(11)
|
(14)
|
(12)
|
(12)
|
(14)
|
(14)
|
(21)
|
(24)
|
(25)
|
(23)
|
(15)
|
(21)
|
(21)
|
(19)
|
(31)
|
(34)
|
(48)
|
(57)
|
(82)
|
(76)
|
|
Net Income (Common) |
(41)
N/A
|
(38)
+8%
|
(34)
+11%
|
(29)
+14%
|
(19)
+35%
|
(18)
+4%
|
(15)
+17%
|
(5)
+66%
|
(8)
-47%
|
(9)
-18%
|
(1)
+85%
|
(5)
-284%
|
(9)
-61%
|
(9)
-5%
|
(18)
-94%
|
(29)
-66%
|
(23)
+21%
|
(20)
+12%
|
(18)
+13%
|
(9)
+47%
|
(11)
-15%
|
(11)
-4%
|
(14)
-24%
|
(12)
+17%
|
(12)
-1%
|
(14)
-22%
|
(14)
+1%
|
(21)
-45%
|
(24)
-16%
|
(25)
-6%
|
(23)
+8%
|
(15)
+36%
|
(21)
-42%
|
(21)
+3%
|
(19)
+8%
|
(31)
-65%
|
(34)
-8%
|
(48)
-42%
|
(57)
-19%
|
(82)
-44%
|
(76)
+7%
|
|
EPS (Diluted) |
-1.07
N/A
|
-0.99
+7%
|
-0.88
+11%
|
-0.76
+14%
|
-0.5
+34%
|
-0.47
+6%
|
-0.39
+17%
|
-0.14
+64%
|
-0.19
-36%
|
-0.23
-21%
|
-0.04
+83%
|
-0.14
-250%
|
-0.21
-50%
|
-0.23
-10%
|
-0.37
-61%
|
-0.6
-62%
|
-0.49
+18%
|
-0.41
+16%
|
-0.33
+20%
|
-0.17
+48%
|
-0.21
-24%
|
-0.21
N/A
|
-0.26
-24%
|
-0.21
+19%
|
-0.21
N/A
|
-0.25
-19%
|
-0.24
+4%
|
-0.35
-46%
|
-0.4
-14%
|
-0.41
-2%
|
-0.37
+10%
|
-0.24
+35%
|
-0.33
-38%
|
-0.33
N/A
|
-0.3
+9%
|
-0.48
-60%
|
-0.51
-6%
|
-0.72
-41%
|
-0.85
-18%
|
-1.17
-38%
|
-1.12
+4%
|