ESS Tech Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019
Revenue	7.54	0.89	0	0	0
Revenue Growth (YoY)	743.40%	-	-	-	-
Cost of Revenue	20.5	0	0	0	0
Gross Profit	-12.96	0.89	0	0	0
Selling, General & Admin	30.32	34.41	30.33	4.5	3.23
Research & Development	42.63	71.98	30.28	12.9	6.66
Operating Expenses	72.95	106.39	60.6	17.39	9.89
Operating Income	-85.91	-105.49	-60.6	-17.39	-9.89
Interest Expense / Income	0	0	1.89	0.13	1.02
Other Expense / Income	-8.33	-27.52	414.63	12.9	0.56
Pretax Income	-77.58	-77.97	-477.12	-30.42	-11.47
Net Income	-77.58	-77.97	-477.12	-30.42	-11.47
Preferred Dividends	0	0	0	0	0.08
Net Income Common	-77.58	-77.97	-477.12	-30.42	-11.55
Shares Outstanding (Basic)	160	153	83	59	7
Shares Outstanding (Diluted)	160	153	83	59	7
Shares Change	4.77%	83.38%	41.40%	735.95%	-
EPS (Basic)	-0.48	-0.51	-5.73	-0.52	-1.64
EPS (Diluted)	-0.48	-0.51	-5.73	-0.52	-1.64
Free Cash Flow	-60.69	-95.8	-54.62	-17.15	-7.53
Free Cash Flow Per Share	-0.38	-0.63	-0.66	-0.29	-1.07
Gross Margin	-171.82%	100.00%	-	-	-
Operating Margin	-1139.32%	-11800.00%	-	-	-
Profit Margin	-1028.89%	-8721.36%	-	-	-
Free Cash Flow Margin	-804.85%	-10715.88%	-	-	-
EBITDA	-69.83	-75.31	-474.66	-29.85	-10.19
EBITDA Margin	-926.14%	-8424.16%	-	-	-
Depreciation & Amortization	7.75	2.66	0.57	0.44	0.26
EBIT	-77.58	-77.97	-475.23	-30.29	-10.45
EBIT Margin	-1028.89%	-8721.36%	-	-	-

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).