iSpecimen Inc
NASDAQ:ISPC
Income Statement
Earnings Waterfall
iSpecimen Inc
Revenue
|
9.9m
USD
|
Cost of Revenue
|
-4.8m
USD
|
Gross Profit
|
5.1m
USD
|
Operating Expenses
|
-16.3m
USD
|
Operating Income
|
-11.2m
USD
|
Other Expenses
|
69.9k
USD
|
Net Income
|
-11.1m
USD
|
Income Statement
iSpecimen Inc
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 |
5
N/A
|
7
+30%
|
8
+21%
|
9
+15%
|
11
+15%
|
11
+4%
|
11
-1%
|
11
-4%
|
10
-5%
|
10
-1%
|
10
+4%
|
11
+4%
|
10
-7%
|
10
+2%
|
10
-4%
|
|
Gross Profit | ||||||||||||||||
Cost of Revenue |
(2)
|
(3)
|
(4)
|
(5)
|
(6)
|
(6)
|
(5)
|
(5)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
|
Gross Profit |
3
N/A
|
4
+38%
|
5
+12%
|
5
+6%
|
5
+8%
|
6
+9%
|
6
+3%
|
6
N/A
|
6
-1%
|
5
-7%
|
6
+4%
|
6
+8%
|
6
-9%
|
6
0%
|
5
-7%
|
|
Operating Income | ||||||||||||||||
Operating Expenses |
(6)
|
(6)
|
(7)
|
(8)
|
(9)
|
(11)
|
(12)
|
(13)
|
(14)
|
(15)
|
(15)
|
(16)
|
(17)
|
(16)
|
(16)
|
|
Selling, General & Administrative |
(6)
|
(6)
|
(7)
|
(8)
|
(9)
|
(11)
|
(12)
|
(13)
|
(14)
|
(15)
|
(14)
|
(16)
|
(17)
|
(16)
|
(15)
|
|
Research & Development |
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
|
Operating Income |
(3)
N/A
|
(2)
+27%
|
(2)
-10%
|
(3)
-20%
|
(4)
-43%
|
(5)
-18%
|
(6)
-22%
|
(7)
-24%
|
(8)
-14%
|
(10)
-15%
|
(10)
-2%
|
(10)
-6%
|
(11)
-9%
|
(10)
+8%
|
(11)
-7%
|
|
Pre-Tax Income | ||||||||||||||||
Interest Income Expense |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
|
Non-Reccuring Items |
0
|
0
|
0
|
(2)
|
(2)
|
(2)
|
(2)
|
(0)
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
|
Pre-Tax Income |
(5)
N/A
|
(4)
+17%
|
(5)
-4%
|
(7)
-50%
|
(8)
-18%
|
(8)
-4%
|
(9)
-6%
|
(7)
+18%
|
(9)
-17%
|
(10)
-18%
|
(10)
-1%
|
(10)
0%
|
(11)
-8%
|
(10)
+9%
|
(11)
-9%
|
|
Net Income | ||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Income from Continuing Operations |
(5)
|
(4)
|
(5)
|
(7)
|
(8)
|
(8)
|
(9)
|
(7)
|
(9)
|
(10)
|
(10)
|
(10)
|
(11)
|
(10)
|
(11)
|
|
Net Income (Common) |
(5)
N/A
|
(4)
+16%
|
(5)
-5%
|
(7)
-50%
|
(8)
-18%
|
(8)
-4%
|
(9)
-6%
|
(7)
+18%
|
(9)
-17%
|
(10)
-18%
|
(10)
-1%
|
(10)
0%
|
(11)
-8%
|
(10)
+9%
|
(11)
-9%
|
|
EPS (Diluted) |
-0.81
N/A
|
-0.68
+16%
|
-0.72
-6%
|
-1.08
-50%
|
-1.26
-17%
|
-1.21
+4%
|
-1.03
+15%
|
-0.84
+18%
|
-0.97
-15%
|
-1.15
-19%
|
-1.16
-1%
|
-1.16
N/A
|
-1.25
-8%
|
-1.13
+10%
|
-1.23
-9%
|