Exagen Inc
NASDAQ:XGN
Income Statement
Earnings Waterfall
Exagen Inc
Revenue
|
52.5m
USD
|
Cost of Revenue
|
-23.1m
USD
|
Gross Profit
|
29.5m
USD
|
Operating Expenses
|
-53.8m
USD
|
Operating Income
|
-24.3m
USD
|
Other Expenses
|
648k
USD
|
Net Income
|
-23.7m
USD
|
Income Statement
Exagen Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||
Revenue |
3
N/A
|
4
+34%
|
6
+42%
|
9
+47%
|
12
+37%
|
15
+26%
|
8
-44%
|
32
+295%
|
27
-16%
|
38
+39%
|
40
+6%
|
40
+1%
|
41
+1%
|
39
-4%
|
40
+1%
|
42
+6%
|
43
+2%
|
47
+9%
|
48
+3%
|
48
+0%
|
48
0%
|
43
-11%
|
45
+6%
|
46
+0%
|
46
+2%
|
53
+14%
|
52
-2%
|
53
+2%
|
|
Gross Profit | |||||||||||||||||||||||||||||
Cost of Revenue |
(3)
|
(4)
|
(4)
|
(6)
|
(7)
|
(8)
|
(4)
|
(15)
|
(12)
|
(17)
|
(18)
|
(19)
|
(19)
|
(17)
|
(17)
|
(17)
|
(17)
|
(19)
|
(20)
|
(21)
|
(22)
|
(22)
|
(23)
|
(24)
|
(24)
|
(24)
|
(24)
|
(23)
|
|
Gross Profit |
0
N/A
|
1
+157%
|
1
+144%
|
3
+102%
|
5
+64%
|
7
+43%
|
4
-36%
|
17
+290%
|
15
-13%
|
20
+37%
|
22
+6%
|
22
0%
|
22
+1%
|
22
+1%
|
23
+4%
|
25
+12%
|
26
+3%
|
28
+7%
|
28
+1%
|
28
-2%
|
26
-5%
|
21
-22%
|
23
+10%
|
21
-5%
|
22
+3%
|
29
+31%
|
28
-4%
|
29
+6%
|
|
Operating Income | |||||||||||||||||||||||||||||
Operating Expenses |
(8)
|
(10)
|
(12)
|
(14)
|
(17)
|
(18)
|
(6)
|
(22)
|
(18)
|
(26)
|
(28)
|
(31)
|
(34)
|
(36)
|
(38)
|
(41)
|
(42)
|
(46)
|
(49)
|
(52)
|
(55)
|
(57)
|
(60)
|
(62)
|
(66)
|
(64)
|
(60)
|
(54)
|
|
Selling, General & Administrative |
(7)
|
(9)
|
(11)
|
(13)
|
(15)
|
(16)
|
(5)
|
(20)
|
(16)
|
(24)
|
(26)
|
(29)
|
(32)
|
(33)
|
(35)
|
(37)
|
(37)
|
(40)
|
(43)
|
(45)
|
(47)
|
(48)
|
(51)
|
(52)
|
(52)
|
(51)
|
(48)
|
(49)
|
|
Research & Development |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
(5)
|
(6)
|
(7)
|
(8)
|
(9)
|
(9)
|
(10)
|
(9)
|
(7)
|
(6)
|
(5)
|
|
Depreciation & Amortization |
(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
|
|
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)
|
(6)
|
(6)
|
0
|
|
Operating Income |
(8)
N/A
|
(9)
-15%
|
(11)
-16%
|
(12)
-10%
|
(12)
-2%
|
(11)
+7%
|
(1)
+90%
|
(5)
-332%
|
(3)
+35%
|
(6)
-77%
|
(7)
-19%
|
(9)
-41%
|
(13)
-36%
|
(14)
-8%
|
(15)
-12%
|
(15)
+1%
|
(16)
-2%
|
(18)
-15%
|
(21)
-15%
|
(24)
-17%
|
(28)
-17%
|
(36)
-30%
|
(38)
-4%
|
(41)
-7%
|
(44)
-9%
|
(35)
+21%
|
(32)
+8%
|
(24)
+24%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||
Interest Income Expense |
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(1)
|
(3)
|
(3)
|
(3)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
|
Non-Reccuring Items |
(3)
|
(3)
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
2
|
|
Total Other Income |
(0)
|
0
|
(0)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
(0)
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
2
|
2
|
|
Pre-Tax Income |
(13)
N/A
|
(15)
-10%
|
(16)
-11%
|
(19)
-15%
|
(15)
+20%
|
(15)
+2%
|
(2)
+88%
|
(8)
-352%
|
(6)
+28%
|
(9)
-49%
|
(10)
-16%
|
(12)
-21%
|
(15)
-25%
|
(16)
-4%
|
(17)
-8%
|
(17)
0%
|
(17)
-3%
|
(20)
-18%
|
(23)
-14%
|
(27)
-15%
|
(31)
-15%
|
(39)
-27%
|
(40)
-2%
|
(48)
-19%
|
(45)
+5%
|
(35)
+21%
|
(33)
+8%
|
(24)
+28%
|
|
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)
|
|
Income from Continuing Operations |
(14)
|
(15)
|
(16)
|
(19)
|
(15)
|
(15)
|
(2)
|
(8)
|
(6)
|
(9)
|
(10)
|
(12)
|
(15)
|
(15)
|
(17)
|
(17)
|
(17)
|
(20)
|
(23)
|
(27)
|
(31)
|
(39)
|
(40)
|
(47)
|
(45)
|
(35)
|
(32)
|
(24)
|
|
Net Income (Common) |
(18)
N/A
|
(19)
-6%
|
(21)
-8%
|
(23)
-10%
|
(17)
+27%
|
(17)
+0%
|
(5)
+73%
|
(18)
-309%
|
(14)
+27%
|
(18)
-37%
|
(31)
-68%
|
(30)
+2%
|
(31)
-2%
|
(29)
+5%
|
(17)
+43%
|
(17)
0%
|
(17)
-4%
|
(20)
-18%
|
(23)
-14%
|
(27)
-15%
|
(31)
-15%
|
(39)
-27%
|
(40)
-2%
|
(47)
-18%
|
(45)
+5%
|
(35)
+22%
|
(32)
+8%
|
(24)
+27%
|
|
EPS (Diluted) |
-1.58
N/A
|
-1.68
-6%
|
-1.81
-8%
|
-2
-10%
|
-1.45
+28%
|
-1.45
N/A
|
-0.39
+73%
|
-1.6
-310%
|
-1.17
+27%
|
-1.6
-37%
|
-2.47
-54%
|
-2.41
+2%
|
-2.46
-2%
|
-2.34
+5%
|
-1.32
+44%
|
-1.32
N/A
|
-1.33
-1%
|
-1.2
+10%
|
-1.37
-14%
|
-1.68
-23%
|
-1.82
-8%
|
-2.3
-26%
|
-2.35
-2%
|
-2.77
-18%
|
-2.55
+8%
|
-1.99
+22%
|
-1.83
+8%
|
-1.34
+27%
|