Meta Materials Inc
NASDAQ:MMAT
Income Statement
Earnings Waterfall
Meta Materials Inc
Income Statement
Meta Materials Inc
| 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 | Mar-2024 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||
| Revenue |
2
N/A
|
3
+85%
|
5
+47%
|
6
+18%
|
5
-2%
|
4
-21%
|
3
-36%
|
2
-41%
|
1
-24%
|
1
-32%
|
0
-44%
|
0
-25%
|
0
-52%
|
0
-54%
|
0
-21%
|
1
+833%
|
1
+82%
|
1
+26%
|
1
+8%
|
1
-10%
|
1
-13%
|
1
-4%
|
1
-5%
|
1
-26%
|
1
-30%
|
0
-37%
|
0
-3%
|
0
-39%
|
1
+265%
|
1
+82%
|
2
+40%
|
4
+127%
|
6
+58%
|
9
+42%
|
11
+21%
|
10
-8%
|
9
-15%
|
7
-15%
|
7
-3%
|
8
+12%
|
10
+23%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
|
| Gross Profit |
1
N/A
|
2
+97%
|
4
+51%
|
4
+20%
|
4
-3%
|
3
-24%
|
2
-41%
|
1
-56%
|
1
-33%
|
0
-48%
|
0
-89%
|
0
-19%
|
(0)
N/A
|
(0)
+61%
|
(0)
+79%
|
0
N/A
|
1
+61%
|
1
+15%
|
1
-8%
|
0
-30%
|
0
-14%
|
0
+6%
|
0
+2%
|
0
-33%
|
0
-56%
|
(0)
N/A
|
0
N/A
|
0
-91%
|
1
+11 580%
|
1
+113%
|
2
+31%
|
3
+109%
|
5
+47%
|
7
+36%
|
8
+20%
|
7
-12%
|
6
-21%
|
4
-21%
|
4
-8%
|
5
+14%
|
7
+40%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(12)
|
(12)
|
(13)
|
(13)
|
(8)
|
(14)
|
(15)
|
(16)
|
(17)
|
(12)
|
(10)
|
(7)
|
(7)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(8)
|
(8)
|
(8)
|
(8)
|
(4)
|
(8)
|
(13)
|
(24)
|
(41)
|
(56)
|
(73)
|
(85)
|
(90)
|
(86)
|
(80)
|
(72)
|
(62)
|
(51)
|
|
| Selling, General & Administrative |
(12)
|
(12)
|
(11)
|
(10)
|
(5)
|
(12)
|
(13)
|
(16)
|
(16)
|
(11)
|
(9)
|
(6)
|
(6)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(9)
|
(19)
|
(32)
|
(45)
|
(56)
|
(64)
|
(68)
|
(65)
|
(53)
|
(42)
|
(29)
|
(23)
|
|
| Research & Development |
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
|
(2)
|
(3)
|
(5)
|
(9)
|
(12)
|
(17)
|
(21)
|
(23)
|
(25)
|
(24)
|
(23)
|
(19)
|
(17)
|
|
| Depreciation & Amortization |
(1)
|
(1)
|
(1)
|
(3)
|
(3)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(4)
|
(5)
|
(5)
|
(5)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(7)
|
(13)
|
(11)
|
|
| 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
|
4
|
0
|
0
|
0
|
0
|
|
| Operating Income |
(11)
N/A
|
(10)
+9%
|
(9)
+7%
|
(9)
+7%
|
(4)
+51%
|
(11)
-168%
|
(13)
-16%
|
(16)
-20%
|
(16)
-4%
|
(12)
+26%
|
(10)
+21%
|
(7)
+26%
|
(7)
+2%
|
(4)
+48%
|
(4)
-2%
|
(3)
+9%
|
(4)
-16%
|
(4)
+0%
|
(4)
-1%
|
(5)
-22%
|
(4)
+10%
|
(4)
+7%
|
(4)
0%
|
(7)
-84%
|
(8)
-6%
|
(8)
-3%
|
(8)
+4%
|
(4)
+44%
|
(7)
-62%
|
(11)
-60%
|
(22)
-97%
|
(38)
-71%
|
(51)
-35%
|
(66)
-28%
|
(76)
-16%
|
(83)
-9%
|
(80)
+3%
|
(76)
+6%
|
(68)
+11%
|
(57)
+16%
|
(44)
+23%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(7)
|
(9)
|
(10)
|
(7)
|
(6)
|
(4)
|
(3)
|
(2)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(3)
|
(2)
|
(2)
|
0
|
1
|
1
|
(0)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
(0)
|
0
|
(23)
|
(23)
|
(26)
|
(26)
|
(3)
|
(3)
|
(0)
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(3)
|
(5)
|
(5)
|
(7)
|
(45)
|
(44)
|
(44)
|
(41)
|
(1)
|
0
|
0
|
4
|
0
|
(280)
|
(280)
|
(352)
|
(352)
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
3
|
3
|
3
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
(12)
|
(14)
|
(14)
|
(15)
|
(3)
|
(3)
|
(3)
|
4
|
6
|
7
|
|
| Pre-Tax Income |
(17)
N/A
|
(18)
-4%
|
(17)
+3%
|
(16)
+9%
|
(10)
+34%
|
(38)
-267%
|
(39)
-1%
|
(43)
-11%
|
(43)
+1%
|
(16)
+63%
|
(13)
+16%
|
(8)
+43%
|
(7)
+7%
|
(4)
+44%
|
(4)
-3%
|
(1)
+78%
|
(2)
-78%
|
(2)
-27%
|
(2)
-1%
|
(6)
-177%
|
(6)
+2%
|
(5)
+11%
|
(5)
-4%
|
(10)
-85%
|
(12)
-20%
|
(14)
-20%
|
(14)
+3%
|
(13)
+8%
|
(53)
-317%
|
(56)
-5%
|
(67)
-19%
|
(92)
-38%
|
(66)
+28%
|
(81)
-23%
|
(94)
-16%
|
(85)
+10%
|
(85)
-1%
|
(359)
-320%
|
(343)
+4%
|
(402)
-17%
|
(390)
+3%
|
|
| 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
|
1
|
1
|
1
|
1
|
6
|
6
|
7
|
7
|
3
|
3
|
|
| Income from Continuing Operations |
(17)
|
(18)
|
(17)
|
(16)
|
(10)
|
(38)
|
(39)
|
(43)
|
(43)
|
(16)
|
(13)
|
(8)
|
(7)
|
(4)
|
(4)
|
(1)
|
(2)
|
(2)
|
(2)
|
(6)
|
(6)
|
(5)
|
(5)
|
(10)
|
(12)
|
(14)
|
(14)
|
(13)
|
(53)
|
(56)
|
(66)
|
(91)
|
(65)
|
(80)
|
(93)
|
(79)
|
(79)
|
(352)
|
(336)
|
(398)
|
(387)
|
|
| Net Income (Common) |
(17)
N/A
|
(18)
-4%
|
(17)
+3%
|
(16)
+9%
|
(10)
+34%
|
(38)
-267%
|
(39)
-1%
|
(43)
-11%
|
(43)
+1%
|
(16)
+63%
|
(13)
+16%
|
(8)
+43%
|
(7)
+7%
|
(4)
+44%
|
(4)
-3%
|
(1)
+78%
|
(2)
-78%
|
(2)
-27%
|
(2)
-1%
|
(6)
-177%
|
(6)
+2%
|
(5)
+11%
|
(5)
-4%
|
(10)
-85%
|
(12)
-20%
|
(14)
-20%
|
(14)
+3%
|
(13)
+8%
|
(53)
-317%
|
(56)
-5%
|
(66)
-19%
|
(91)
-37%
|
(65)
+28%
|
(80)
-23%
|
(93)
-16%
|
(79)
+15%
|
(79)
0%
|
(352)
-344%
|
(336)
+4%
|
(398)
-18%
|
(387)
+3%
|
|
| EPS (Diluted) |
-220.1
N/A
|
-233.96
-6%
|
-190.52
+19%
|
-200.12
-5%
|
-113.84
+43%
|
-358.45
-215%
|
-361.73
-1%
|
-311.17
+14%
|
-400.77
-29%
|
-122.52
+69%
|
-94.7
+23%
|
-35.57
+62%
|
-24.89
+30%
|
-13.45
+46%
|
-13.78
-2%
|
-3.09
+78%
|
-5.27
-71%
|
-6.03
-14%
|
-5.97
+1%
|
-17.04
-185%
|
-16.13
+5%
|
-14.12
+12%
|
-14.4
-2%
|
-27.03
-88%
|
-29.78
-10%
|
-33.61
-13%
|
-28.29
+16%
|
-28.15
+0%
|
-21.92
+22%
|
-0.11
+99%
|
-23.69
-21 436%
|
-0.39
+98%
|
-22.88
-5 767%
|
-26.65
-16%
|
-25.78
+3%
|
-24.09
+7%
|
-21.5
+11%
|
-77.73
-262%
|
-70.37
+9%
|
-69.1
+2%
|
-62.62
+9%
|
|