IRIDEX Corp
NASDAQ:IRIX
Income Statement
Earnings Waterfall
IRIDEX Corp
Revenue
|
51.9m
USD
|
Cost of Revenue
|
-30.1m
USD
|
Gross Profit
|
21.8m
USD
|
Operating Expenses
|
-31.8m
USD
|
Operating Income
|
-10m
USD
|
Other Expenses
|
437k
USD
|
Net Income
|
-9.6m
USD
|
Income Statement
IRIDEX Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Jan-2015 | Apr-2015 | Jul-2015 | Oct-2015 | Jan-2016 | Apr-2016 | Jul-2016 | Oct-2016 | Dec-2016 | Apr-2017 | Jul-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 | Jan-2021 | Apr-2021 | Jul-2021 | Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Dec-2022 | Apr-2023 | Jul-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
38
N/A
|
40
+4%
|
41
+3%
|
42
+1%
|
43
+3%
|
43
+1%
|
42
-4%
|
41
-1%
|
42
+1%
|
43
+3%
|
46
+7%
|
46
0%
|
46
+1%
|
45
-3%
|
43
-4%
|
44
+3%
|
42
-5%
|
41
-2%
|
41
+1%
|
41
+1%
|
43
+3%
|
44
+3%
|
44
+0%
|
43
-2%
|
43
+1%
|
42
-4%
|
38
-10%
|
36
-5%
|
36
+2%
|
39
+8%
|
46
+18%
|
51
+10%
|
54
+6%
|
55
+3%
|
56
+1%
|
57
+2%
|
57
0%
|
57
+1%
|
56
-2%
|
55
-3%
|
52
-5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(20)
|
(20)
|
(21)
|
(21)
|
(21)
|
(22)
|
(21)
|
(21)
|
(22)
|
(23)
|
(24)
|
(25)
|
(25)
|
(25)
|
(24)
|
(25)
|
(26)
|
(26)
|
(26)
|
(26)
|
(25)
|
(26)
|
(26)
|
(25)
|
(26)
|
(24)
|
(22)
|
(21)
|
(21)
|
(23)
|
(26)
|
(29)
|
(31)
|
(31)
|
(32)
|
(32)
|
(32)
|
(32)
|
(32)
|
(31)
|
(30)
|
|
Gross Profit |
19
N/A
|
19
+4%
|
20
+4%
|
21
+2%
|
21
+4%
|
22
+2%
|
21
-5%
|
20
-1%
|
20
-2%
|
20
-1%
|
21
+8%
|
21
-3%
|
21
+0%
|
20
-4%
|
19
-6%
|
19
+1%
|
16
-18%
|
15
-3%
|
15
-2%
|
15
+1%
|
17
+17%
|
18
+2%
|
18
+2%
|
18
-2%
|
18
+1%
|
18
-2%
|
15
-12%
|
15
-4%
|
16
+5%
|
17
+7%
|
20
+22%
|
22
+11%
|
23
+2%
|
24
+5%
|
24
+1%
|
25
+3%
|
25
+3%
|
25
0%
|
24
-4%
|
24
-3%
|
22
-8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(16)
|
(17)
|
(18)
|
(18)
|
(19)
|
(19)
|
(19)
|
(20)
|
(20)
|
(20)
|
(21)
|
(22)
|
(23)
|
(25)
|
(26)
|
(28)
|
(29)
|
(30)
|
(30)
|
(30)
|
(30)
|
(30)
|
(30)
|
(28)
|
(27)
|
(25)
|
(23)
|
(23)
|
(22)
|
(23)
|
(25)
|
(25)
|
(30)
|
(29)
|
(33)
|
(33)
|
(33)
|
(33)
|
(33)
|
(32)
|
(32)
|
|
Selling, General & Administrative |
(13)
|
(13)
|
(14)
|
(14)
|
(14)
|
(15)
|
(15)
|
(15)
|
(14)
|
(15)
|
(16)
|
(17)
|
(18)
|
(19)
|
(20)
|
(22)
|
(23)
|
(24)
|
(25)
|
(26)
|
(26)
|
(26)
|
(26)
|
(24)
|
(23)
|
(22)
|
(20)
|
(20)
|
(19)
|
(20)
|
(21)
|
(22)
|
(24)
|
(24)
|
(25)
|
(25)
|
(26)
|
(26)
|
(26)
|
(25)
|
(25)
|
|
Research & Development |
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(6)
|
(7)
|
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
|
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
|
3
|
0
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
2
N/A
|
2
+8%
|
2
-5%
|
2
-3%
|
3
+19%
|
2
-8%
|
1
-48%
|
1
-38%
|
0
-62%
|
0
-90%
|
0
+1 200%
|
(1)
N/A
|
(2)
-145%
|
(5)
-87%
|
(7)
-51%
|
(9)
-27%
|
(13)
-48%
|
(15)
-12%
|
(15)
-4%
|
(15)
+0%
|
(13)
+15%
|
(12)
+5%
|
(11)
+7%
|
(10)
+11%
|
(9)
+13%
|
(8)
+15%
|
(8)
-4%
|
(8)
N/A
|
(7)
+17%
|
(7)
-3%
|
(5)
+24%
|
(3)
+43%
|
(8)
-156%
|
(5)
+27%
|
(9)
-64%
|
(9)
+5%
|
(8)
+12%
|
(8)
-1%
|
(8)
-10%
|
(8)
+0%
|
(10)
-20%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
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
|
3
|
0
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
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
|
1
|
1
|
1
|
|
Pre-Tax Income |
2
N/A
|
2
-17%
|
2
-6%
|
2
-5%
|
1
-21%
|
1
-8%
|
0
-88%
|
(0)
N/A
|
0
N/A
|
0
-86%
|
0
+875%
|
(1)
N/A
|
(3)
-118%
|
(5)
-75%
|
(7)
-50%
|
(9)
-26%
|
(13)
-48%
|
(15)
-13%
|
(15)
-4%
|
(15)
+0%
|
(13)
+16%
|
(12)
+4%
|
(11)
+7%
|
(10)
+11%
|
(9)
+13%
|
(7)
+16%
|
(8)
-5%
|
(8)
+1%
|
(6)
+18%
|
(7)
-6%
|
(2)
+63%
|
(3)
-18%
|
(5)
-77%
|
(6)
-7%
|
(9)
-65%
|
(9)
+4%
|
(7)
+15%
|
(7)
+4%
|
(8)
-8%
|
(8)
+0%
|
(9)
-23%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(0)
|
(0)
|
(0)
|
0
|
9
|
9
|
9
|
9
|
0
|
0
|
0
|
1
|
(9)
|
(9)
|
(9)
|
(10)
|
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 |
2
|
2
|
2
|
2
|
10
|
10
|
9
|
9
|
0
|
0
|
1
|
(0)
|
(12)
|
(14)
|
(16)
|
(19)
|
(13)
|
(15)
|
(15)
|
(15)
|
(13)
|
(12)
|
(11)
|
(10)
|
(9)
|
(7)
|
(8)
|
(8)
|
(6)
|
(7)
|
(3)
|
(3)
|
(5)
|
(6)
|
(9)
|
(9)
|
(8)
|
(7)
|
(8)
|
(8)
|
(10)
|
|
Net Income (Common) |
2
N/A
|
2
-17%
|
2
-6%
|
2
-2%
|
10
+494%
|
10
-2%
|
9
-10%
|
9
-1%
|
0
-95%
|
0
-30%
|
1
+97%
|
(0)
N/A
|
(12)
-2 446%
|
(14)
-17%
|
(16)
-18%
|
(19)
-15%
|
(13)
+31%
|
(15)
-14%
|
(15)
-4%
|
(15)
+0%
|
(13)
+15%
|
(12)
+4%
|
(11)
+7%
|
(10)
+11%
|
(9)
+13%
|
(7)
+16%
|
(8)
-5%
|
(8)
+1%
|
(6)
+18%
|
(7)
-6%
|
(3)
+62%
|
(3)
-18%
|
(5)
-76%
|
(6)
-7%
|
(9)
-65%
|
(9)
+4%
|
(8)
+15%
|
(7)
+4%
|
(8)
-7%
|
(8)
+0%
|
(10)
-23%
|
|
EPS (Diluted) |
0.22
N/A
|
0.18
-18%
|
0.17
-6%
|
0.17
N/A
|
0.97
+471%
|
0.96
-1%
|
0.88
-8%
|
0.87
-1%
|
0.05
-94%
|
0.02
-60%
|
0.06
+200%
|
-0.05
N/A
|
-1.15
-2 200%
|
-1.18
-3%
|
-1.39
-18%
|
-1.6
-15%
|
-1.11
+31%
|
-1.26
-14%
|
-1.3
-3%
|
-1.26
+3%
|
-1.05
+17%
|
-0.89
+15%
|
-0.83
+7%
|
-0.74
+11%
|
-0.64
+14%
|
-0.54
+16%
|
-0.56
-4%
|
-0.55
+2%
|
-0.46
+16%
|
-0.47
-2%
|
-0.15
+68%
|
-0.2
-33%
|
-0.34
-70%
|
-0.35
-3%
|
-0.58
-66%
|
-0.55
+5%
|
-0.47
+15%
|
-0.45
+4%
|
-0.48
-7%
|
-0.48
N/A
|
-0.59
-23%
|