FalconStor Software Inc
OTC:FALC
Income Statement
Earnings Waterfall
FalconStor Software Inc
Revenue
|
10.3m
USD
|
Cost of Revenue
|
-1.5m
USD
|
Gross Profit
|
8.8m
USD
|
Operating Expenses
|
-9.3m
USD
|
Operating Income
|
-570k
USD
|
Other Expenses
|
-2.1m
USD
|
Net Income
|
-2.7m
USD
|
Income Statement
FalconStor Software Inc
Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
71
N/A
|
69
-4%
|
66
-3%
|
59
-12%
|
55
-6%
|
53
-5%
|
49
-7%
|
46
-6%
|
54
+17%
|
52
-3%
|
51
-3%
|
49
-5%
|
36
-26%
|
35
-4%
|
32
-7%
|
30
-6%
|
29
-5%
|
28
-5%
|
26
-4%
|
25
-4%
|
24
-4%
|
21
-11%
|
19
-10%
|
18
-8%
|
17
-3%
|
17
0%
|
17
-1%
|
17
-4%
|
15
-8%
|
15
-3%
|
15
+3%
|
15
-3%
|
15
+4%
|
15
-2%
|
14
-8%
|
14
-1%
|
12
-13%
|
11
-7%
|
11
-2%
|
10
-9%
|
10
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(20)
|
(19)
|
(18)
|
(15)
|
(14)
|
(12)
|
(11)
|
(11)
|
(10)
|
(10)
|
(10)
|
(10)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(7)
|
(6)
|
(6)
|
(5)
|
(4)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
Gross Profit |
52
N/A
|
50
-3%
|
49
-2%
|
43
-11%
|
42
-4%
|
40
-4%
|
38
-6%
|
36
-6%
|
44
+23%
|
42
-4%
|
41
-3%
|
39
-5%
|
27
-31%
|
26
-4%
|
24
-8%
|
22
-7%
|
21
-4%
|
20
-4%
|
20
-2%
|
20
-2%
|
19
-2%
|
18
-8%
|
16
-9%
|
15
-8%
|
14
-3%
|
14
-5%
|
14
-1%
|
14
0%
|
12
-9%
|
13
+3%
|
14
+6%
|
13
-5%
|
13
+4%
|
13
-2%
|
12
-9%
|
12
0%
|
10
-13%
|
10
-8%
|
9
-2%
|
8
-10%
|
9
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(65)
|
(63)
|
(59)
|
(53)
|
(50)
|
(47)
|
(45)
|
(46)
|
(45)
|
(44)
|
(42)
|
(40)
|
(39)
|
(38)
|
(35)
|
(32)
|
(28)
|
(25)
|
(21)
|
(19)
|
(17)
|
(14)
|
(14)
|
(14)
|
(13)
|
(13)
|
(14)
|
(13)
|
(12)
|
(11)
|
(10)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(10)
|
(10)
|
(9)
|
|
Selling, General & Administrative |
(46)
|
(44)
|
(42)
|
(37)
|
(36)
|
(34)
|
(33)
|
(34)
|
(33)
|
(31)
|
(30)
|
(27)
|
(25)
|
(24)
|
(23)
|
(20)
|
(18)
|
(16)
|
(13)
|
(12)
|
(11)
|
(10)
|
(10)
|
(10)
|
(9)
|
(10)
|
(10)
|
(10)
|
(10)
|
(9)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
|
Research & Development |
(19)
|
(18)
|
(17)
|
(16)
|
(14)
|
(13)
|
(12)
|
(12)
|
(12)
|
(12)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(12)
|
(10)
|
(9)
|
(8)
|
(7)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
|
Operating Income |
(14)
N/A
|
(13)
+7%
|
(10)
+19%
|
(10)
+6%
|
(8)
+15%
|
(7)
+15%
|
(7)
-8%
|
(10)
-38%
|
(2)
+85%
|
(1)
+9%
|
(2)
-9%
|
(1)
+27%
|
(12)
-975%
|
(12)
-3%
|
(12)
+5%
|
(10)
+13%
|
(7)
+28%
|
(4)
+41%
|
(1)
+74%
|
1
N/A
|
3
+206%
|
3
+25%
|
2
-39%
|
1
-40%
|
1
+2%
|
0
-72%
|
0
-56%
|
0
+200%
|
(0)
N/A
|
1
N/A
|
4
+154%
|
3
-20%
|
3
+14%
|
3
-14%
|
1
-77%
|
1
N/A
|
(1)
N/A
|
(2)
-100%
|
(1)
+33%
|
(1)
-25%
|
(1)
+55%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(1)
|
(1)
|
1
|
1
|
2
|
1
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
|
Non-Reccuring Items |
(2)
|
(1)
|
(4)
|
(4)
|
(4)
|
1
|
3
|
4
|
4
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
0
|
1
|
0
|
0
|
(0)
|
0
|
0
|
|
Pre-Tax Income |
(16)
N/A
|
(15)
+9%
|
(15)
-5%
|
(13)
+19%
|
(11)
+13%
|
(4)
+59%
|
(3)
+25%
|
(7)
-101%
|
2
N/A
|
(3)
N/A
|
(2)
+23%
|
(2)
+24%
|
(12)
-651%
|
(12)
-3%
|
(11)
+5%
|
(10)
+9%
|
(7)
+31%
|
(4)
+39%
|
(1)
+75%
|
1
N/A
|
3
+147%
|
2
-17%
|
0
-85%
|
(1)
N/A
|
(1)
-91%
|
(1)
-3%
|
(2)
-14%
|
(1)
+16%
|
(2)
-48%
|
(0)
+75%
|
2
N/A
|
1
-37%
|
2
+103%
|
1
-34%
|
0
-83%
|
0
+92%
|
(1)
N/A
|
(2)
-29%
|
(2)
-6%
|
(2)
+3%
|
(1)
+46%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
1
|
2
|
2
|
2
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(1)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
|
Income from Continuing Operations |
(17)
|
(16)
|
(14)
|
(11)
|
(9)
|
(3)
|
(4)
|
(7)
|
1
|
(3)
|
(3)
|
(2)
|
(11)
|
(12)
|
(12)
|
(11)
|
(8)
|
(5)
|
(2)
|
1
|
3
|
2
|
1
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
1
|
1
|
2
|
1
|
0
|
(0)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
|
Net Income (Common) |
(17)
N/A
|
(16)
+8%
|
(14)
+8%
|
(11)
+21%
|
(10)
+11%
|
(4)
+62%
|
(5)
-34%
|
(8)
-67%
|
(0)
+95%
|
(4)
-935%
|
(4)
+14%
|
(3)
+14%
|
(13)
-292%
|
(14)
-7%
|
(13)
+4%
|
(13)
+2%
|
(10)
+26%
|
(7)
+32%
|
(3)
+54%
|
0
N/A
|
(1)
N/A
|
(1)
-83%
|
(3)
-192%
|
(4)
-55%
|
(3)
+34%
|
(3)
-9%
|
(3)
-8%
|
(3)
+5%
|
(4)
-16%
|
(2)
+40%
|
(0)
+90%
|
(1)
-150%
|
0
N/A
|
(0)
N/A
|
(1)
-350%
|
(1)
-10%
|
(3)
-91%
|
(3)
-21%
|
(4)
-8%
|
(3)
+10%
|
(3)
+19%
|
|
EPS (Diluted) |
-35.25
N/A
|
-32.31
+8%
|
-29.6
+8%
|
-23.5
+21%
|
-20.83
+11%
|
-7.84
+62%
|
-11.22
-43%
|
-18.36
-64%
|
-0.84
+95%
|
-10.85
-1 192%
|
-9.31
+14%
|
-7.99
+14%
|
-30.64
-283%
|
-32.02
-5%
|
-30.69
+4%
|
-30.13
+2%
|
-21.88
+27%
|
-14.95
+32%
|
-5.59
+63%
|
0.38
N/A
|
-1.2
N/A
|
-1.17
+3%
|
-2.94
-151%
|
-4.79
-63%
|
-0.49
+90%
|
-0.54
-10%
|
-0.58
-7%
|
-0.56
+3%
|
-0.65
-16%
|
-0.38
+42%
|
-0.02
+95%
|
-0.09
-350%
|
0.06
N/A
|
-0.04
N/A
|
-0.19
-375%
|
-0.23
-21%
|
-0.42
-83%
|
-0.48
-14%
|
-0.52
-8%
|
-0.47
+10%
|
-0.38
+19%
|