
electroCore, Inc.
NASDAQ:ECOR

Income Statement
Earnings Waterfall
electroCore, Inc.
Revenue
|
23.3m
USD
|
Cost of Revenue
|
-3.9m
USD
|
Gross Profit
|
19.4m
USD
|
Operating Expenses
|
-32.5m
USD
|
Operating Income
|
-13m
USD
|
Other Expenses
|
359k
USD
|
Net Income
|
-12.7m
USD
|
Income Statement
electroCore, Inc.
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 |
1
N/A
|
1
-5%
|
1
+27%
|
1
-13%
|
1
+16%
|
1
+33%
|
2
+17%
|
2
+34%
|
2
+15%
|
3
+13%
|
3
+5%
|
3
+14%
|
4
+8%
|
4
+13%
|
4
+13%
|
5
+9%
|
5
+11%
|
6
+13%
|
7
+14%
|
8
+7%
|
9
+14%
|
9
+10%
|
11
+15%
|
13
+23%
|
16
+20%
|
19
+17%
|
21
+14%
|
23
+10%
|
|
Gross Profit | |||||||||||||||||||||||||||||
Cost of Revenue |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
|
Gross Profit |
0
N/A
|
0
-3%
|
0
+4%
|
0
-34%
|
0
+116%
|
1
+54%
|
1
+35%
|
1
+33%
|
1
+9%
|
1
+15%
|
2
+8%
|
2
+26%
|
2
-9%
|
2
+23%
|
3
+19%
|
3
+16%
|
4
+37%
|
5
+17%
|
6
+19%
|
6
+10%
|
7
+12%
|
8
+11%
|
9
+15%
|
11
+24%
|
13
+20%
|
15
+17%
|
18
+15%
|
19
+9%
|
|
Operating Income | |||||||||||||||||||||||||||||
Operating Expenses |
(26)
|
(30)
|
(39)
|
(47)
|
(55)
|
(60)
|
(57)
|
(54)
|
(45)
|
(40)
|
(34)
|
(29)
|
(25)
|
(24)
|
(24)
|
(24)
|
(24)
|
(23)
|
(27)
|
(29)
|
(30)
|
(31)
|
(32)
|
(32)
|
(32)
|
(32)
|
(32)
|
(32)
|
|
Selling, General & Administrative |
(18)
|
(22)
|
(29)
|
(36)
|
(43)
|
(47)
|
(44)
|
(41)
|
(35)
|
(31)
|
(27)
|
(24)
|
(21)
|
(21)
|
(21)
|
(21)
|
(22)
|
(22)
|
(23)
|
(24)
|
(24)
|
(25)
|
(25)
|
(26)
|
(27)
|
(28)
|
(29)
|
(30)
|
|
Research & Development |
(8)
|
(8)
|
(10)
|
(10)
|
(12)
|
(14)
|
(12)
|
(12)
|
(10)
|
(8)
|
(6)
|
(5)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(4)
|
(3)
|
(3)
|
|
Operating Income |
(26)
N/A
|
(30)
-17%
|
(39)
-29%
|
(46)
-19%
|
(55)
-18%
|
(60)
-9%
|
(56)
+6%
|
(52)
+6%
|
(44)
+16%
|
(39)
+12%
|
(32)
+17%
|
(27)
+17%
|
(24)
+11%
|
(22)
+7%
|
(21)
+3%
|
(21)
+2%
|
(20)
+4%
|
(18)
+9%
|
(21)
-14%
|
(22)
-8%
|
(23)
-2%
|
(24)
-3%
|
(23)
+4%
|
(21)
+6%
|
(19)
+9%
|
(17)
+12%
|
(15)
+14%
|
(13)
+10%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||
Interest Income Expense |
(7)
|
(6)
|
(2)
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
|
Non-Reccuring Items |
(4)
|
(4)
|
(4)
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
1
|
1
|
2
|
0
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
1
|
1
|
(1)
|
(0)
|
(2)
|
(2)
|
(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 |
(36)
N/A
|
(39)
-9%
|
(45)
-16%
|
(46)
-2%
|
(56)
-21%
|
(60)
-8%
|
(55)
+9%
|
(52)
+5%
|
(45)
+13%
|
(39)
+13%
|
(33)
+16%
|
(27)
+19%
|
(25)
+8%
|
(22)
+10%
|
(20)
+10%
|
(19)
+3%
|
(18)
+7%
|
(18)
-1%
|
(20)
-11%
|
(22)
-7%
|
(23)
-4%
|
(23)
-2%
|
(22)
+4%
|
(21)
+6%
|
(19)
+9%
|
(17)
+13%
|
(14)
+14%
|
(13)
+11%
|
|
Net Income | |||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
1
|
1
|
1
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Income from Continuing Operations |
(36)
|
(39)
|
(45)
|
(46)
|
(56)
|
(60)
|
(55)
|
(52)
|
(45)
|
(39)
|
(32)
|
(26)
|
(24)
|
(21)
|
(19)
|
(19)
|
(17)
|
(17)
|
(20)
|
(21)
|
(22)
|
(22)
|
(22)
|
(21)
|
(19)
|
(16)
|
(14)
|
(13)
|
|
Income to Minority Interest |
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) |
(36)
N/A
|
(39)
-9%
|
(45)
-16%
|
(46)
-2%
|
(56)
-21%
|
(60)
-8%
|
(55)
+9%
|
(52)
+5%
|
(45)
+13%
|
(39)
+13%
|
(32)
+19%
|
(26)
+19%
|
(24)
+8%
|
(21)
+11%
|
(19)
+9%
|
(19)
+3%
|
(17)
+7%
|
(17)
-1%
|
(20)
-14%
|
(21)
-7%
|
(22)
-4%
|
(22)
-1%
|
(22)
+2%
|
(21)
+6%
|
(19)
+9%
|
(16)
+13%
|
(14)
+14%
|
(13)
+11%
|
|
EPS (Diluted) |
-18.83
N/A
|
-20.49
-9%
|
-23.15
-13%
|
-23.58
-2%
|
-28.61
-21%
|
-30.86
-8%
|
-27.52
+11%
|
-26.52
+4%
|
-23.05
+13%
|
-19.72
+14%
|
-13.06
+34%
|
-8.73
+33%
|
-9.04
-4%
|
-6.58
+27%
|
-5.9
+10%
|
-4.01
+32%
|
-4.36
-9%
|
-3.69
+15%
|
-4.22
-14%
|
-4.51
-7%
|
-4.69
-4%
|
-4.74
-1%
|
-4.64
+2%
|
-3.46
+25%
|
-3.42
+1%
|
-2.48
+27%
|
-2.01
+19%
|
-1.56
+22%
|