Sarcos Technology and Robotics Corp
NASDAQ:STRC
Income Statement
Earnings Waterfall
Sarcos Technology and Robotics Corp
Revenue
|
6.1m
USD
|
Cost of Revenue
|
-5m
USD
|
Gross Profit
|
1.1m
USD
|
Operating Expenses
|
-84.1m
USD
|
Operating Income
|
-83m
USD
|
Other Expenses
|
-32.6m
USD
|
Net Income
|
-115.6m
USD
|
Income Statement
Sarcos Technology and Robotics Corp
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 |
9
N/A
|
8
-4%
|
8
-7%
|
8
-5%
|
5
-32%
|
4
-21%
|
6
+47%
|
9
+60%
|
15
+54%
|
16
+11%
|
14
-11%
|
12
-20%
|
6
-47%
|
|
Gross Profit | ||||||||||||||
Cost of Revenue |
(6)
|
(5)
|
(5)
|
(5)
|
(4)
|
(3)
|
(6)
|
(8)
|
(12)
|
(13)
|
(11)
|
(8)
|
(5)
|
|
Gross Profit |
3
N/A
|
3
-5%
|
3
-5%
|
3
-9%
|
1
-54%
|
1
-28%
|
0
-67%
|
1
+307%
|
3
+151%
|
3
+8%
|
4
+14%
|
3
-13%
|
1
-65%
|
|
Operating Income | ||||||||||||||
Operating Expenses |
(24)
|
(24)
|
(27)
|
(60)
|
(82)
|
(98)
|
(121)
|
(111)
|
(110)
|
(178)
|
(104)
|
(96)
|
(84)
|
|
Selling, General & Administrative |
(10)
|
(11)
|
(12)
|
(46)
|
(65)
|
(82)
|
(98)
|
(79)
|
(73)
|
(67)
|
(59)
|
(51)
|
(42)
|
|
Research & Development |
(14)
|
(14)
|
(14)
|
(14)
|
(18)
|
(21)
|
(24)
|
(30)
|
(34)
|
(38)
|
(42)
|
(41)
|
(39)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
(70)
|
0
|
0
|
0
|
|
Operating Income |
(21)
N/A
|
(21)
-1%
|
(24)
-12%
|
(57)
-142%
|
(81)
-42%
|
(97)
-20%
|
(121)
-24%
|
(110)
+9%
|
(107)
+2%
|
(175)
-63%
|
(100)
+43%
|
(93)
+8%
|
(83)
+10%
|
|
Pre-Tax Income | ||||||||||||||
Interest Income Expense |
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
1
|
2
|
3
|
4
|
4
|
3
|
|
Non-Reccuring Items |
0
|
0
|
2
|
2
|
4
|
0
|
0
|
2
|
(70)
|
0
|
(75)
|
(87)
|
(38)
|
|
Total Other Income |
0
|
0
|
0
|
4
|
(5)
|
2
|
6
|
4
|
14
|
8
|
5
|
4
|
2
|
|
Pre-Tax Income |
(21)
N/A
|
(21)
-1%
|
(21)
0%
|
(51)
-142%
|
(82)
-59%
|
(96)
-17%
|
(115)
-20%
|
(103)
+10%
|
(161)
-56%
|
(163)
-1%
|
(167)
-2%
|
(171)
-2%
|
(116)
+33%
|
|
Net Income | ||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
2
|
4
|
4
|
4
|
2
|
(0)
|
(0)
|
|
Income from Continuing Operations |
(21)
|
(21)
|
(21)
|
(51)
|
(82)
|
(96)
|
(113)
|
(99)
|
(157)
|
(159)
|
(165)
|
(171)
|
(116)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
(21)
N/A
|
(21)
-1%
|
(21)
0%
|
(51)
-142%
|
(82)
-59%
|
(96)
-17%
|
(113)
-19%
|
(99)
+13%
|
(157)
-59%
|
(159)
-1%
|
(165)
-3%
|
(171)
-4%
|
(116)
+33%
|
|
EPS (Diluted) |
-0.88
N/A
|
-0.89
-1%
|
-0.89
N/A
|
-2.23
-151%
|
-3.55
-59%
|
-4.15
-17%
|
-4.65
-12%
|
-3.93
+15%
|
-6.42
-63%
|
-6.25
+3%
|
-6.46
-3%
|
-6.66
-3%
|
-4.51
+32%
|