
Liquidia Corp
NASDAQ:LQDA

Income Statement
Earnings Waterfall
Liquidia Corp
Revenue
|
14m
USD
|
Cost of Revenue
|
-5.9m
USD
|
Gross Profit
|
8.1m
USD
|
Operating Expenses
|
-129.4m
USD
|
Operating Income
|
-121.3m
USD
|
Other Expenses
|
-9.1m
USD
|
Net Income
|
-130.4m
USD
|
Income Statement
Liquidia Corp
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 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||
Revenue |
7
N/A
|
7
-10%
|
6
-14%
|
4
-29%
|
3
-32%
|
2
-34%
|
9
+395%
|
9
-2%
|
8
-7%
|
8
N/A
|
0
N/A
|
0
N/A
|
1
N/A
|
4
+416%
|
7
+88%
|
10
+44%
|
13
+24%
|
13
+3%
|
14
+4%
|
14
0%
|
16
+16%
|
17
+6%
|
18
+5%
|
18
+3%
|
17
-5%
|
16
-9%
|
15
-7%
|
16
+5%
|
14
-10%
|
|
Gross Profit | ||||||||||||||||||||||||||||||
Cost of Revenue |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
(0)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(6)
|
(6)
|
|
Gross Profit |
7
N/A
|
6
-10%
|
5
-15%
|
4
-29%
|
3
-31%
|
0
N/A
|
8
N/A
|
8
-2%
|
7
-7%
|
0
N/A
|
0
N/A
|
0
N/A
|
1
N/A
|
3
+478%
|
6
+92%
|
8
+41%
|
10
+25%
|
10
+4%
|
11
+5%
|
11
+1%
|
13
+20%
|
14
+8%
|
15
+7%
|
16
+5%
|
15
-7%
|
12
-16%
|
10
-16%
|
10
-2%
|
8
-20%
|
|
Operating Income | ||||||||||||||||||||||||||||||
Operating Expenses |
(35)
|
(36)
|
(36)
|
(36)
|
(37)
|
(41)
|
(46)
|
(50)
|
(54)
|
(56)
|
(54)
|
(53)
|
(51)
|
(56)
|
(52)
|
(46)
|
(39)
|
(50)
|
(53)
|
(55)
|
(52)
|
(48)
|
(62)
|
(69)
|
(88)
|
(105)
|
(108)
|
(122)
|
(129)
|
|
Selling, General & Administrative |
(10)
|
(10)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(14)
|
(14)
|
(15)
|
(18)
|
(17)
|
(20)
|
(20)
|
(21)
|
(18)
|
(30)
|
(33)
|
(35)
|
(32)
|
(28)
|
(30)
|
(34)
|
(45)
|
(57)
|
(68)
|
(78)
|
(82)
|
|
Research & Development |
(25)
|
(26)
|
(27)
|
(28)
|
(29)
|
(32)
|
(37)
|
(40)
|
(40)
|
(41)
|
(38)
|
(35)
|
(32)
|
(27)
|
(24)
|
(20)
|
(21)
|
(19)
|
(20)
|
(20)
|
(19)
|
(20)
|
(32)
|
(35)
|
(43)
|
(48)
|
(40)
|
(44)
|
(48)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(9)
|
(8)
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(28)
N/A
|
(30)
-8%
|
(31)
-2%
|
(32)
-5%
|
(35)
-8%
|
(40)
-13%
|
(38)
+3%
|
(43)
-11%
|
(47)
-10%
|
(48)
-2%
|
(54)
-13%
|
(53)
+2%
|
(50)
+4%
|
(53)
-6%
|
(46)
+14%
|
(38)
+17%
|
(29)
+25%
|
(39)
-37%
|
(42)
-7%
|
(44)
-4%
|
(39)
+11%
|
(34)
+14%
|
(47)
-41%
|
(53)
-13%
|
(73)
-37%
|
(93)
-27%
|
(97)
-5%
|
(112)
-15%
|
(121)
-9%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(17)
|
(14)
|
(3)
|
(18)
|
0
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(4)
|
(9)
|
0
|
0
|
0
|
(5)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(11)
|
(11)
|
(4)
|
(4)
|
|
Pre-Tax Income |
(29)
N/A
|
(47)
-61%
|
(45)
+4%
|
(35)
+21%
|
(53)
-51%
|
(39)
+26%
|
(39)
+1%
|
(43)
-10%
|
(48)
-11%
|
(49)
-2%
|
(57)
-17%
|
(58)
-3%
|
(60)
-3%
|
(54)
+9%
|
(47)
+14%
|
(39)
+16%
|
(35)
+12%
|
(41)
-20%
|
(44)
-7%
|
(46)
-4%
|
(41)
+11%
|
(37)
+10%
|
(51)
-38%
|
(58)
-13%
|
(79)
-36%
|
(108)
-37%
|
(112)
-4%
|
(119)
-7%
|
(130)
-9%
|
|
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
|
|
Income from Continuing Operations |
(29)
|
(47)
|
(45)
|
(35)
|
(53)
|
(39)
|
(39)
|
(43)
|
(48)
|
(49)
|
(57)
|
(58)
|
(60)
|
(54)
|
(47)
|
(39)
|
(35)
|
(41)
|
(44)
|
(46)
|
(41)
|
(37)
|
(51)
|
(58)
|
(79)
|
(108)
|
(112)
|
(119)
|
(130)
|
|
Net Income (Common) |
(29)
N/A
|
(47)
-61%
|
(45)
+4%
|
(35)
+21%
|
(53)
-51%
|
(39)
+26%
|
(39)
+1%
|
(43)
-10%
|
(48)
-11%
|
(49)
-2%
|
(57)
-17%
|
(58)
-3%
|
(60)
-3%
|
(54)
+9%
|
(47)
+14%
|
(39)
+16%
|
(35)
+12%
|
(41)
-20%
|
(44)
-7%
|
(46)
-4%
|
(41)
+11%
|
(37)
+10%
|
(51)
-38%
|
(58)
-13%
|
(79)
-36%
|
(108)
-37%
|
(112)
-4%
|
(119)
-7%
|
(130)
-9%
|
|
EPS (Diluted) |
-1.85
N/A
|
-2.96
-60%
|
-2.9
+2%
|
-2.27
+22%
|
-3.41
-50%
|
-2.45
+28%
|
-2.08
+15%
|
-2.28
-10%
|
-2.57
-13%
|
-1.7
+34%
|
-1.98
-16%
|
-1.54
+22%
|
-1.76
-14%
|
-1.24
+30%
|
-0.92
+26%
|
-0.75
+18%
|
-0.7
+7%
|
-0.79
-13%
|
-0.71
+10%
|
-0.71
N/A
|
-0.67
+6%
|
-0.57
+15%
|
-0.78
-37%
|
-0.88
-13%
|
-1.21
-38%
|
-1.42
-17%
|
-1.46
-3%
|
-1.52
-4%
|
-1.66
-9%
|