Kala Pharmaceuticals Inc
NASDAQ:KALA
Income Statement
Earnings Waterfall
Kala Pharmaceuticals Inc
Income Statement
Kala Pharmaceuticals Inc
| 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 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
3
|
5
|
7
|
8
|
8
|
9
|
9
|
9
|
9
|
9
|
9
|
8
|
8
|
8
|
8
|
8
|
7
|
7
|
6
|
6
|
6
|
6
|
6
|
6
|
6
|
5
|
5
|
5
|
|
| Revenue |
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
|
1
N/A
|
3
+148%
|
5
+42%
|
6
+24%
|
6
-5%
|
5
-21%
|
5
+17%
|
6
+20%
|
9
+35%
|
11
+26%
|
12
+8%
|
11
-3%
|
9
-17%
|
8
-10%
|
6
-32%
|
4
-32%
|
3
-35%
|
0
-83%
|
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
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(4)
|
(3)
|
(2)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| 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
|
1
N/A
|
3
+149%
|
4
+27%
|
4
+12%
|
4
-11%
|
2
-45%
|
3
+37%
|
3
+16%
|
5
+56%
|
7
+40%
|
8
+9%
|
7
-6%
|
5
-27%
|
4
-33%
|
2
-50%
|
1
-25%
|
1
-44%
|
0
-45%
|
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
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(16)
|
(14)
|
(24)
|
(29)
|
(33)
|
(37)
|
(37)
|
(37)
|
(40)
|
(41)
|
(46)
|
(52)
|
(65)
|
(79)
|
(89)
|
(96)
|
(92)
|
(88)
|
(85)
|
(90)
|
(99)
|
(109)
|
(119)
|
(120)
|
(137)
|
(142)
|
(133)
|
(120)
|
(83)
|
(19)
|
(2)
|
(40)
|
(40)
|
(40)
|
(40)
|
(41)
|
(41)
|
(40)
|
(41)
|
(37)
|
|
| Selling, General & Administrative |
(5)
|
(4)
|
(8)
|
(7)
|
(8)
|
(8)
|
(6)
|
(7)
|
(11)
|
(15)
|
(20)
|
(26)
|
(35)
|
(48)
|
(58)
|
(65)
|
(65)
|
(62)
|
(60)
|
(69)
|
(81)
|
(93)
|
(106)
|
(108)
|
(105)
|
(104)
|
(99)
|
(83)
|
(65)
|
(44)
|
(26)
|
(22)
|
(21)
|
(20)
|
(19)
|
(19)
|
(18)
|
(18)
|
(18)
|
(18)
|
|
| Research & Development |
(11)
|
(10)
|
(16)
|
(22)
|
(25)
|
(29)
|
(31)
|
(30)
|
(29)
|
(27)
|
(26)
|
(26)
|
(29)
|
(31)
|
(30)
|
(30)
|
(27)
|
(26)
|
(25)
|
(21)
|
(18)
|
(16)
|
(13)
|
(13)
|
(38)
|
(39)
|
(41)
|
(43)
|
(18)
|
(17)
|
(17)
|
(17)
|
(19)
|
(21)
|
(22)
|
(22)
|
0
|
(22)
|
(23)
|
(24)
|
|
| 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
|
6
|
2
|
7
|
7
|
(0)
|
43
|
41
|
(1)
|
(1)
|
1
|
1
|
(1)
|
(23)
|
(0)
|
(1)
|
5
|
|
| Operating Income |
(16)
N/A
|
(14)
+10%
|
(24)
-67%
|
(29)
-23%
|
(33)
-11%
|
(37)
-14%
|
(37)
+0%
|
(37)
+1%
|
(40)
-8%
|
(41)
-4%
|
(46)
-12%
|
(52)
-13%
|
(65)
-24%
|
(78)
-21%
|
(86)
-10%
|
(92)
-7%
|
(88)
+4%
|
(84)
+4%
|
(83)
+1%
|
(87)
-5%
|
(96)
-10%
|
(104)
-9%
|
(112)
-7%
|
(112)
0%
|
(130)
-16%
|
(137)
-5%
|
(130)
+5%
|
(118)
+9%
|
(82)
+31%
|
(18)
+78%
|
(2)
+91%
|
(40)
-2 284%
|
(40)
+2%
|
(40)
-1%
|
(40)
0%
|
(41)
-3%
|
(41)
+1%
|
(40)
+3%
|
(41)
-4%
|
(37)
+10%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
(5)
|
(4)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
0
|
(3)
|
(3)
|
(3)
|
|
| 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
|
(5)
|
(5)
|
(4)
|
0
|
1
|
46
|
44
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
|
| 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
|
(1)
|
(3)
|
(3)
|
(3)
|
1
|
4
|
5
|
6
|
2
|
7
|
7
|
5
|
|
| Pre-Tax Income |
(17)
N/A
|
(15)
+11%
|
(25)
-66%
|
(30)
-20%
|
(33)
-12%
|
(38)
-14%
|
(39)
-3%
|
(39)
-1%
|
(42)
-7%
|
(44)
-4%
|
(47)
-8%
|
(53)
-11%
|
(67)
-26%
|
(81)
-21%
|
(90)
-11%
|
(98)
-8%
|
(94)
+3%
|
(91)
+4%
|
(90)
+1%
|
(95)
-5%
|
(104)
-10%
|
(113)
-8%
|
(126)
-12%
|
(126)
0%
|
(143)
-13%
|
(145)
-2%
|
(137)
+6%
|
(80)
+42%
|
(45)
+44%
|
(26)
+41%
|
(9)
+67%
|
(46)
-437%
|
(42)
+9%
|
(40)
+6%
|
(39)
+2%
|
(39)
-1%
|
(39)
+0%
|
(36)
+9%
|
(37)
-4%
|
(36)
+4%
|
|
| 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
|
0
|
0
|
0
|
0
|
0
|
|
| Income from Continuing Operations |
(17)
|
(15)
|
(25)
|
(30)
|
(33)
|
(38)
|
(39)
|
(39)
|
(42)
|
(44)
|
(47)
|
(53)
|
(67)
|
(81)
|
(90)
|
(98)
|
(94)
|
(91)
|
(90)
|
(95)
|
(104)
|
(113)
|
(126)
|
(126)
|
(143)
|
(145)
|
(137)
|
(80)
|
(45)
|
(26)
|
(9)
|
(46)
|
(42)
|
(40)
|
(39)
|
(39)
|
(39)
|
(36)
|
(37)
|
(36)
|
|
| Net Income (Common) |
(17)
N/A
|
(15)
+11%
|
(25)
-66%
|
(30)
-20%
|
(33)
-12%
|
(38)
-14%
|
(39)
-3%
|
(39)
-1%
|
(42)
-7%
|
(44)
-4%
|
(47)
-8%
|
(53)
-11%
|
(67)
-26%
|
(81)
-21%
|
(90)
-11%
|
(98)
-8%
|
(94)
+3%
|
(91)
+4%
|
(90)
+1%
|
(95)
-5%
|
(104)
-10%
|
(113)
-8%
|
(126)
-12%
|
(126)
0%
|
(143)
-13%
|
(145)
-2%
|
(137)
+6%
|
(80)
+42%
|
(45)
+44%
|
(26)
+41%
|
(9)
+67%
|
(46)
-437%
|
(42)
+9%
|
(40)
+6%
|
(39)
+2%
|
(39)
-1%
|
(39)
+0%
|
(36)
+9%
|
(37)
-4%
|
(36)
+4%
|
|
| EPS (Diluted) |
-35.48
N/A
|
-31.57
+11%
|
-52.53
-66%
|
-63.17
-20%
|
-70.57
-12%
|
-80.17
-14%
|
-82.59
-3%
|
-109.25
-32%
|
-301.5
-176%
|
-89.3
+70%
|
-96.71
-8%
|
-107.77
-11%
|
-123.59
-15%
|
-118.86
+4%
|
-132.41
-11%
|
-143.55
-8%
|
-138.74
+3%
|
-110.89
+20%
|
-81.45
+27%
|
-84.98
-4%
|
-99.36
-17%
|
-91.69
+8%
|
-97.65
-7%
|
-97.03
+1%
|
-109.7
-13%
|
-98.73
+10%
|
-93.02
+6%
|
-52.68
+43%
|
-29.48
+44%
|
-12.72
+57%
|
-3.61
+72%
|
-18.2
-404%
|
-17.35
+5%
|
-14.14
+19%
|
-12.84
+9%
|
-8.46
+34%
|
-10.26
-21%
|
-5.61
+45%
|
-5.71
-2%
|
-5.08
+11%
|
|