Longeveron Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018
Revenue	0.71	1.22	1.31	5.63	5.64	2.13
Revenue Growth (YoY)	-41.98%	-6.43%	-76.80%	-0.19%	164.17%	-
Cost of Revenue	0.49	0.73	0.72	3.8	3.89	1.45
Gross Profit	0.22	0.5	0.59	1.83	1.75	0.68
Selling, General & Admin	12.18	9.17	10.95	2.93	2.96	3.17
Research & Development	9.07	9.37	7.09	2.67	1.79	3.88
Operating Expenses	21.25	18.54	18.05	5.6	4.75	7.04
Operating Income	-21.03	-18.04	-17.46	-3.78	-3	-6.36
Interest Expense / Income	0	0	0	0.01	0	0
Other Expense / Income	0.38	0.79	-0.42	-0.06	-0.04	-0.02
Pretax Income	-21.41	-18.84	-17.05	-3.72	-2.96	-6.34
Net Income	-21.41	-18.84	-17.05	-3.72	-2.96	-6.34
Preferred Dividends	0.8	0	0	0	0	0
Net Income Common	-22.21	-18.84	-17.05	-3.72	-2.96	-6.34
Shares Outstanding (Basic)	2	2	2	2	2	-
Shares Outstanding (Diluted)	2	2	2	2	-	-
Shares Change	3.65%	10.86%	18.05%	-4.97%	-	-
EPS (Basic)	-10.20	-9.00	-9.00	-2.30	-	-
EPS (Diluted)	-10.20	-9.00	-9.00	-2.30	-	-
Free Cash Flow	-19.3	-14.54	-9.88	-2.5	-2.43	-5.27
Free Cash Flow Per Share	-8.88	-6.93	-5.22	-1.56	-1.44	-
Gross Margin	31.17%	40.67%	45.18%	32.44%	31.10%	31.88%
Operating Margin	-2966.01%	-1476.51%	-1336.60%	-67.12%	-53.16%	-297.95%
Profit Margin	-3132.72%	-1541.33%	-1305.13%	-66.10%	-52.49%	-296.84%
Free Cash Flow Margin	-2722.57%	-1189.69%	-756.58%	-44.32%	-43.06%	-247.07%
EBITDA	-20.47	-17.94	-16.13	-2.93	-2.19	-5.59
EBITDA Margin	-2886.74%	-1468.25%	-1234.84%	-52.03%	-38.85%	-261.90%
Depreciation & Amortization	0.95	0.89	0.91	0.79	0.77	0.75
EBIT	-21.41	-18.84	-17.04	-3.71	-2.96	-6.34
EBIT Margin	-3020.17%	-1541.33%	-1304.82%	-65.98%	-52.48%	-296.84%

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).