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Income Statement
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Op Efficiency
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DermTech, Inc. (CNAC)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Mar-31-19Dec-31-18Mar-31-18Dec-31-17
   10-K10-K10-K10-K10-K10-K10-KS-1/A
Revenues  14.511.85.93.40.02.40.01.7
            Revenue growth  22.6%101.2%74.9%37.8% 42.1%  
Cost of goods sold  13.910.66.03.30.02.60.02.6
Gross profit  0.61.3-0.10.10.0-0.20.0-0.9
            Gross margin  4.5%10.8%-1.6%1.8% -7.6% -49.7%
Selling, general and administrative   [+]94.862.429.915.22.06.30.35.5
Research and development  24.116.35.32.5 2.1 2.0
EBITDA   [+]-116.5-76.4-34.8-17.5 -8.5 -8.3
            EBITDA margin  -802.7%-645.4%-591.4%-520.7% -347.4% -483.1%
Depreciation and amortization  1.61.00.50.1 0.1 0.1
EBIT   [+]-118.2-77.4-35.3-17.6-2.0-8.6-0.3-8.4
            EBIT margin  -813.9%-653.8%-599.6%-523.3% -350.5% -486.1%
Interest income, net   [+]1.30.20.02.72.9-1.11.2 
Other income (expense), net   [+]0.1-1.1-1.2-5.20.1-0.40.08.4
Pre-tax income  -116.7-78.3-36.5-20.10.9-10.00.90.0
Income taxes  0.00.00.00.00.00.00.00.0
            Tax rate  0.0%0.0%0.0%0.0%0.0%0.0%0.0% 
Net income  -116.7-78.3-36.5-20.10.9-10.00.90.0
            Net margin  -803.7%-661.7%-619.8%-598.4% -409.7% 0.0%
   
Basic EPS   [+]($3.88)($2.71)($2.15)($2.87)$0.18($2.27)$0.18$0.00
Diluted EPS   [+]($3.88)($2.71)($2.15)($2.87)$0.18($2.27)$0.18$0.00
   
Shares outstanding (basic)   [+]30.028.917.07.05.14.44.74,407.1
Shares outstanding (diluted)   [+]30.028.917.07.05.14.44.74,407.1
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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