Milestone Scientific Inc
AMEX:MLSS
Income Statement
Earnings Waterfall
Milestone Scientific Inc
Revenue
|
8.9m
USD
|
Cost of Revenue
|
-2.4m
USD
|
Gross Profit
|
6.4m
USD
|
Operating Expenses
|
-13.1m
USD
|
Operating Income
|
-6.7m
USD
|
Other Expenses
|
2.1m
USD
|
Net Income
|
-4.6m
USD
|
Income Statement
Milestone Scientific Inc
Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
10
N/A
|
10
-1%
|
10
+2%
|
10
-7%
|
10
-1%
|
9
-2%
|
10
+7%
|
11
+5%
|
11
+7%
|
10
-9%
|
11
+2%
|
11
+2%
|
11
-3%
|
11
+7%
|
9
-17%
|
9
-1%
|
8
-13%
|
10
+19%
|
10
+1%
|
10
-2%
|
10
+3%
|
8
-15%
|
8
-1%
|
6
-25%
|
6
-11%
|
5
-2%
|
7
+20%
|
9
+35%
|
10
+10%
|
10
+7%
|
10
-2%
|
9
-8%
|
9
+1%
|
9
-6%
|
9
-1%
|
10
+14%
|
10
-2%
|
10
+0%
|
9
-4%
|
8
-11%
|
9
+5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(4)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
|
Gross Profit |
7
N/A
|
7
-2%
|
7
+1%
|
6
-6%
|
6
-1%
|
6
+1%
|
7
+4%
|
7
+5%
|
7
N/A
|
6
-10%
|
7
+3%
|
7
+2%
|
7
+2%
|
7
+3%
|
6
-15%
|
6
-4%
|
4
-34%
|
4
+18%
|
4
+1%
|
5
+2%
|
6
+33%
|
6
-6%
|
6
0%
|
4
-25%
|
4
-13%
|
4
-4%
|
4
+15%
|
5
+30%
|
6
+10%
|
6
+6%
|
6
-2%
|
6
-11%
|
6
+2%
|
5
-12%
|
5
+4%
|
6
+24%
|
6
+1%
|
7
+7%
|
7
-3%
|
6
-7%
|
6
+6%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(6)
|
(7)
|
(8)
|
(9)
|
(10)
|
(10)
|
(11)
|
(12)
|
(12)
|
(13)
|
(12)
|
(12)
|
(12)
|
(12)
|
(13)
|
(12)
|
(12)
|
(11)
|
(11)
|
(11)
|
(9)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(13)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(13)
|
(14)
|
(14)
|
(14)
|
(14)
|
(13)
|
(13)
|
|
Selling, General & Administrative |
(6)
|
(7)
|
(8)
|
(9)
|
(10)
|
(9)
|
(11)
|
(11)
|
(12)
|
(12)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(12)
|
(11)
|
(10)
|
(9)
|
(9)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(13)
|
(13)
|
(12)
|
(13)
|
(13)
|
(12)
|
(13)
|
(13)
|
(13)
|
(13)
|
(12)
|
(12)
|
|
Research & Development |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Operating Income |
1
N/A
|
(1)
N/A
|
(1)
-49%
|
(3)
-124%
|
(3)
-26%
|
(3)
+8%
|
(4)
-32%
|
(5)
-16%
|
(5)
-16%
|
(7)
-20%
|
(6)
+8%
|
(5)
+9%
|
(5)
+3%
|
(5)
+2%
|
(7)
-28%
|
(7)
+2%
|
(8)
-24%
|
(6)
+21%
|
(7)
-6%
|
(7)
+5%
|
(3)
+55%
|
(4)
-37%
|
(5)
-20%
|
(7)
-43%
|
(7)
-8%
|
(7)
-1%
|
(7)
+8%
|
(7)
+4%
|
(7)
-8%
|
(7)
-5%
|
(8)
-9%
|
(8)
-3%
|
(8)
0%
|
(9)
-6%
|
(8)
+7%
|
(8)
+7%
|
(7)
+7%
|
(7)
+0%
|
(7)
-2%
|
(7)
+7%
|
(7)
+1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
(1)
|
(1)
|
(2)
|
(2)
|
0
|
0
|
1
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(4)
|
(4)
|
(4)
|
(2)
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
2
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
1
N/A
|
(2)
N/A
|
(2)
-36%
|
(4)
-84%
|
(5)
-28%
|
(3)
+44%
|
(4)
-21%
|
(4)
+1%
|
(4)
-1%
|
(7)
-78%
|
(6)
+8%
|
(5)
+9%
|
(5)
+3%
|
(5)
+2%
|
(7)
-28%
|
(7)
+2%
|
(10)
-48%
|
(8)
+18%
|
(7)
+15%
|
(6)
+5%
|
(5)
+26%
|
(8)
-61%
|
(8)
-11%
|
(11)
-25%
|
(9)
+13%
|
(7)
+19%
|
(7)
+8%
|
(6)
+8%
|
(7)
-8%
|
(7)
-5%
|
(8)
-13%
|
(8)
-3%
|
(8)
N/A
|
(9)
-5%
|
(8)
+7%
|
(8)
+8%
|
(7)
+7%
|
(7)
+1%
|
(7)
-2%
|
(5)
+35%
|
(5)
+0%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Income from Continuing Operations |
1
|
(2)
|
(2)
|
(4)
|
(5)
|
(3)
|
(4)
|
(4)
|
(4)
|
(7)
|
(6)
|
(5)
|
(5)
|
(5)
|
(7)
|
(7)
|
(10)
|
(8)
|
(7)
|
(6)
|
(5)
|
(8)
|
(8)
|
(11)
|
(9)
|
(7)
|
(7)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(9)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(5)
|
(5)
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
(2)
|
(3)
|
(3)
|
(3)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
1
N/A
|
(2)
N/A
|
(2)
-36%
|
(4)
-82%
|
(5)
-29%
|
(5)
-1%
|
(6)
-7%
|
(5)
+6%
|
(6)
-2%
|
(6)
-6%
|
(6)
+5%
|
(5)
+4%
|
(5)
+5%
|
(5)
-1%
|
(7)
-26%
|
(6)
+2%
|
(9)
-46%
|
(7)
+21%
|
(6)
+15%
|
(6)
+5%
|
(4)
+26%
|
(8)
-68%
|
(8)
-11%
|
(10)
-26%
|
(9)
+13%
|
(7)
+20%
|
(7)
+9%
|
(6)
+7%
|
(7)
-9%
|
(7)
-1%
|
(8)
-13%
|
(8)
-2%
|
(8)
+1%
|
(9)
-11%
|
(8)
+7%
|
(7)
+8%
|
(7)
+7%
|
(7)
+1%
|
(7)
-2%
|
(5)
+35%
|
(5)
+0%
|
|
EPS (Diluted) |
0.04
N/A
|
-0.08
N/A
|
-0.11
-38%
|
-0.19
-73%
|
-0.24
-26%
|
-0.26
-8%
|
-0.23
+12%
|
-0.18
+22%
|
-0.19
-6%
|
-0.22
-16%
|
-0.17
+23%
|
-0.15
+12%
|
-0.16
-7%
|
-0.16
N/A
|
-0.18
-13%
|
-0.18
N/A
|
-0.26
-44%
|
-0.21
+19%
|
-0.17
+19%
|
-0.15
+12%
|
-0.09
+40%
|
-0.16
-78%
|
-0.16
N/A
|
-0.2
-25%
|
-0.13
+35%
|
-0.12
+8%
|
-0.11
+8%
|
-0.09
+18%
|
-0.1
-11%
|
-0.1
N/A
|
-0.12
-20%
|
-0.12
N/A
|
-0.12
N/A
|
-0.12
N/A
|
-0.12
N/A
|
-0.11
+8%
|
-0.1
+9%
|
-0.1
N/A
|
-0.09
+10%
|
-0.06
+33%
|
-0.06
N/A
|