SOLESENCE, INC. Income Statement
SLSN|14 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 14 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$52M
FY2025
Gross Profit
$16M
30.9% gross margin
Operating Income
$5M
FY2025
Net Income
$4M
FY2025
SOLESENCE, INC. reported $52M in revenue and $4M in net income for FY2025. Revenue has grown at a 13.0% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $52.3M | $37.3M | $37.3M | $29.5M | $17.1M | $12.5M | $14.2M | $10.8M | $10.3M | $9.9M | $9.6M | $10.0M | $9.7M | $9.5M |
| Cost of Revenue | $36.2M | $29.5M | $29.0M | $20.8M | $11.1M | $9.9M | $10.9M | $7.5M | $7.2M | $7.1M | $7.0M | $7.4M | $7.3M | $6.9M |
| Gross Profit | $16.2M | $7.8M | $8.4M | $8.7M | $6.0M | $2.6M | $3.3M | $3.2M | $3.1M | $2.8M | $2.6M | $2.6M | $2.3M | $2.5M |
| SG&A Expense | $7.2M | $7.5M | $7.6M | $3.9M | $2.9M | $3.5M | $3.3M | $3.0M | $3.0M | $3.2M | $3.4M | $3.4M | $4.0M | $4.3M |
| R&D Expense | $3.8M | $3.8M | $3.0M | $2.2M | $1.6M | $1.9M | $2.1M | $1.6M | $1.3M | $1.3M | $1.7M | $1.6M | $1.7M | $1.6M |
| Operating Income | $5.1M | -$3.5M | -$2.3M | $2.6M | $1.5M | -$2.8M | -$2.0M | -$1.3M | -$1.2M | -$1.7M | -$2.5M | -$2.4M | -$3.4M | -$4.1M |
| Interest Expense | - | - | $382.0K | $1.2M | $496.0K | $210.0K | $58.0K | $15.0K | $14.0K | $6.0K | $12.0K | $7.0K | $4.0K | $2.3K |
| Income Tax | $227.0K | $6.0K | -$17.0K | $37.0K | $37.0K | - | - | - | - | $0 | $0 | - | - | - |
| Net Income | $4.2M | -$4.4M | -$2.6M | $2.3M | $989.0K | -$3.0M | -$2.1M | -$1.3M | -$1.2M | -$1.7M | -$2.5M | -$2.4M | -$3.4M | -$4.1M |
| EPS (Basic) | $0.07 | -$0.09 | -$0.05 | $0.05 | $0.03 | -$0.08 | - | - | - | - | - | - | - | - |
| EPS (Diluted) | $0.07 | -$0.09 | -$0.05 | $0.05 | $0.03 | -$0.08 | -$0.06 | -$0.04 | -$0.04 | -$0.06 | -$0.09 | -$0.10 | -$0.16 | -$0.19 |
| Shares Outstanding | 70.1M | 49.6M | 49.3M | 48.9M | 38.2M | 38.1M | 33.9M | 31.2M | 28.6M | 28.5M | 28.5M | 28.5M | 21.2M | 21.2M |
| Gross Margin | 30.9% | 21.0% | 22.4% | 29.5% | 35.0% | 20.9% | 23.2% | 30.0% | 30.2% | 28.5% | 26.7% | 26.3% | 24.1% | 26.7% |
| Operating Margin | 9.8% | -9.5% | -6.0% | 8.7% | 8.7% | -22.4% | -14.2% | -11.8% | -11.4% | -17.3% | -26.0% | -23.8% | -34.8% | -43.3% |
| Profit Margin | 8.1% | -11.8% | -7.0% | 7.9% | 5.8% | -24.0% | -14.7% | -11.9% | -11.6% | -17.4% | -25.8% | -23.8% | -34.8% | -43.1% |