FalconStor Software Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Mar '24 Mar 31, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
Revenue	-	10.05	13.93	14.77	16.54	17.84
Revenue Growth (YoY)	-	-27.86%	-5.65%	-10.73%	-7.26%	-29.10%
Cost of Revenue	-	1.56	1.95	1.83	2.91	2.98
Gross Profit	-	8.49	11.98	12.94	13.63	14.86
Selling, General & Admin	-	7.18	8.51	7.62	9.97	9.73
Research & Development	-	2.56	2.83	2.47	3.21	3.91
Operating Expenses	-	9.74	11.34	10.09	13.18	13.65
Operating Income	-	-1.26	0.64	2.85	0.45	1.21
Interest Expense	-	-0.29	-0.58	-0.7	-0.6	-0.37
Currency Exchange Gain (Loss)	-	-	-	-	-	-0.21
Other Non Operating Income (Expenses)	-	-0.05	-0.07	-0.04	-	-0.05
EBT Excluding Unusual Items	-	-1.59	-0.02	2.1	-0.16	0.59
Merger & Restructuring Charges	-	-0	-0.83	-1.03	-1.1	-1.26
Asset Writedown	-	-	-0.05	-	-	-
Legal Settlements	-	-	0.63	-	-	-
Other Unusual Items	-	-	0.75	-	-	-
Pretax Income	-	-1.59	0.48	1.07	-1.26	-0.67
Income Tax Expense	-	0.21	0.53	-0.01	0.49	0.23
Net Income	-	-1.8	-0.04	1.08	-1.75	-0.91
Preferred Dividends & Other Adjustments	-	1.54	1.44	1.64	1.55	3.56
Net Income to Common	-	-3.34	-1.49	-0.55	-3.3	-4.47
Shares Outstanding (Basic)	7	7	7	6	6	1
Shares Outstanding (Diluted)	7	7	7	6	6	1
Shares Change (YoY)	0.96%	8.99%	10.05%	0.34%	532.23%	98.58%
EPS (Basic)	-	-0.47	-0.23	-0.09	-0.56	-4.79
EPS (Diluted)	-	-0.47	-0.23	-0.09	-0.56	-4.79
Free Cash Flow	-	-1.2	-1.03	0.71	-2.07	-1.61
Free Cash Flow Per Share	-	-0.17	-0.16	0.12	-0.35	-1.72
Gross Margin	-	84.43%	85.99%	87.63%	82.39%	83.31%
Operating Margin	-	-12.50%	4.59%	19.30%	2.72%	6.81%
Profit Margin	-	-33.25%	-10.66%	-3.75%	-19.94%	-25.04%
Free Cash Flow Margin	-	-11.93%	-7.36%	4.78%	-12.52%	-9.01%
EBITDA	-	-1.16	0.83	3.07	0.79	1.63
EBITDA Margin	-	-11.55%	5.97%	20.76%	4.76%	9.16%
D&A For EBITDA	-	0.1	0.19	0.22	0.34	0.42
EBIT	-	-1.26	0.64	2.85	0.45	1.21
EBIT Margin	-	-12.50%	4.59%	19.30%	2.72%	6.81%
Effective Tax Rate	-	-	108.72%	-	-	-
Revenue as Reported	-	10.05	13.93	14.77	16.54	17.84

Updated May 8, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.