BHAT Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2022	2021	2020	2019	2018	2017
Revenue	7.38	15.16	24.6	23.83	18.53	14.14
Revenue Growth (YoY)	-51.33%	-38.39%	3.21%	28.62%	31.01%	-
Cost of Revenue	3.38	8.67	11.18	7.53	6.11	5.3
Gross Profit	4	6.48	13.42	16.3	12.42	8.84
Selling, General & Admin	7.5	35.83	2.97	5.79	3.82	2.54
Research & Development	4.46	13.17	0.25	1.03	0.29	0.36
Other Operating Expenses	0.03	18.44	0	0	0	0
Operating Expenses	12	67.44	3.22	6.82	4.11	2.9
Operating Income	-8	-60.96	10.2	9.48	8.32	5.94
Interest Expense / Income	0.33	0.4	0.44	0.17	0.14	0.18
Other Expense / Income	-0.06	-4.36	-0.08	8.86	-0.35	-0.32
Pretax Income	-8.27	-57	9.84	0.45	8.52	6.08
Income Tax	1.1	0.14	1.67	0.45	0.61	0.96
Net Income	-9.37	-57.14	8.17	0	7.92	5.12
Net Income Growth	-	-	-	-	54.53%	-
Shares Outstanding (Basic)	8	5	4	4	3	3
Shares Outstanding (Diluted)	9	6	4	4	3	3
Shares Change	47.67%	45.51%	13.43%	6.49%	-	-
EPS (Basic)	-1.23	-11.34	2.15	2.60	2.40	1.60
EPS (Diluted)	-1.09	-9.85	2.08	2.60	2.40	1.60
EPS Growth	-	-	-20.00%	8.33%	50.00%	-
Free Cash Flow	-1.59	-6.91	3.7	10.09	-0.46	6.94
Free Cash Flow Per Share	-0.21	-1.37	0.96	2.87	-0.14	2.10
Gross Margin	54.21%	42.78%	54.55%	68.40%	67.04%	62.53%
Operating Margin	-108.46%	-402.23%	41.48%	39.78%	44.88%	42.03%
Profit Margin	-126.97%	-377.01%	33.21%	-	42.74%	36.23%
Free Cash Flow Margin	-21.59%	-45.61%	15.04%	42.34%	-2.48%	49.03%
Effective Tax Rate	-	-	17.00%	100.00%	7.10%	15.71%
EBITDA	-5.98	-52.74	11.29	1.55	9.13	6.47
EBITDA Margin	-81.03%	-347.98%	45.90%	6.49%	49.27%	45.75%
Depreciation & Amortization	1.96	3.86	1.01	0.92	0.46	0.21
EBIT	-7.94	-56.6	10.28	0.63	8.67	6.26
EBIT Margin	-107.59%	-373.47%	41.80%	2.63%	46.77%	44.28%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).