Cytosorbents Corporation (CTSO)

Cytosorbents Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	35.59	31.08	34.69	43.17	41
Revenue	35.59	31.08	34.69	43.17	41
Revenue Growth (YoY)	14.51%	-10.39%	-19.64%	5.27%	64.35%
Cost of Revenue	10.47	9.13	13.96	11.05	11.05
Gross Profit	25.13	21.95	20.73	32.12	29.95
Selling, General & Admin	35	38.31	36.5	38.48	31.51
Research & Development	6.92	15.59	15.12	16.38	8.81
Operating Expenses	41.91	53.9	51.62	54.86	40.32
Operating Income	-16.79	-31.95	-30.89	-22.74	-10.37
Interest Expense	-1.4	-0.16	-	-	-1.2
Interest & Investment Income	-	-	0.13	0.03	-
Currency Exchange Gain (Loss)	-4.22	1.95	-2.45	-2.58	2.61
Other Non Operating Income (Expenses)	-0	0.1	-0.07	-	-
EBT Excluding Unusual Items	-22.41	-30.06	-33.27	-25.29	-8.96
Asset Writedown	-	-	-0.64	-	-
Pretax Income	-22.41	-30.06	-33.91	-25.29	-8.96
Income Tax Expense	-1.69	-0.81	-1.09	-0.74	-1.13
Net Income	-20.72	-29.25	-32.81	-24.56	-7.84
Net Income to Common	-20.72	-29.25	-32.81	-24.56	-7.84
Shares Outstanding (Basic)	54	45	44	43	39
Shares Outstanding (Diluted)	54	45	44	43	39
Shares Change (YoY)	21.90%	2.49%	0.49%	11.70%	20.35%
EPS (Basic)	-0.38	-0.65	-0.75	-0.57	-0.20
EPS (Diluted)	-0.38	-0.65	-0.75	-0.57	-0.20
Free Cash Flow	-14.71	-22.19	-34.32	-17.65	-6.32
Free Cash Flow Per Share	-0.27	-0.50	-0.79	-0.41	-0.16
Gross Margin	70.59%	70.62%	59.77%	74.41%	73.05%
Operating Margin	-47.16%	-102.78%	-89.04%	-52.69%	-25.29%
Profit Margin	-58.21%	-94.09%	-94.59%	-56.89%	-19.11%
Free Cash Flow Margin	-41.33%	-71.39%	-98.94%	-40.88%	-15.42%
EBITDA	-15.22	-30.49	-30	-22.01	-9.71
EBITDA Margin	-42.75%	-98.08%	-86.49%	-51.00%	-23.68%
D&A For EBITDA	1.57	1.46	0.88	0.73	0.66
EBIT	-16.79	-31.95	-30.89	-22.74	-10.37
EBIT Margin	-47.16%	-102.78%	-89.04%	-52.69%	-25.29%
Revenue as Reported	-	-	34.69	43.17	41
Advertising Expenses	-	-	0.58	0.62	0.29

Updated Nov 7, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q