
VirTra Inc
NASDAQ:VTSI

Income Statement
Earnings Waterfall
VirTra Inc
Revenue
|
31.8m
USD
|
Cost of Revenue
|
-6.9m
USD
|
Gross Profit
|
24.9m
USD
|
Operating Expenses
|
-19m
USD
|
Operating Income
|
5.9m
USD
|
Other Expenses
|
-56.4k
USD
|
Net Income
|
5.8m
USD
|
Income Statement
VirTra Inc
Jun-2014 | Sep-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 |
7
N/A
|
6
-8%
|
7
+10%
|
8
+15%
|
10
+23%
|
13
+39%
|
17
+27%
|
17
+2%
|
16
-5%
|
16
-4%
|
14
-13%
|
16
+14%
|
17
+11%
|
17
-4%
|
16
-6%
|
19
+22%
|
18
-6%
|
18
+1%
|
18
-1%
|
12
-32%
|
15
+26%
|
19
+22%
|
19
+1%
|
19
-1%
|
18
-2%
|
19
+4%
|
20
+6%
|
23
+12%
|
22
-1%
|
24
+9%
|
27
+9%
|
29
+10%
|
28
-4%
|
28
+0%
|
32
+12%
|
34
+7%
|
37
+8%
|
38
+4%
|
36
-5%
|
32
-12%
|
32
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(6)
|
(7)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(6)
|
(7)
|
(9)
|
(9)
|
(9)
|
(9)
|
(7)
|
(7)
|
(8)
|
(9)
|
(13)
|
(14)
|
(15)
|
(15)
|
(12)
|
(12)
|
(13)
|
(13)
|
(11)
|
(11)
|
(7)
|
(7)
|
|
Gross Profit |
4
N/A
|
3
-18%
|
4
+9%
|
4
+15%
|
6
+33%
|
8
+36%
|
10
+34%
|
11
+3%
|
10
-7%
|
10
-2%
|
8
-17%
|
10
+22%
|
11
+14%
|
10
-9%
|
10
-2%
|
12
+20%
|
11
-8%
|
11
+0%
|
11
-4%
|
6
-40%
|
8
+26%
|
10
+20%
|
10
-2%
|
10
+1%
|
10
+2%
|
12
+22%
|
13
+8%
|
14
+12%
|
13
-8%
|
11
-14%
|
13
+10%
|
14
+13%
|
14
-3%
|
16
+18%
|
20
+20%
|
21
+6%
|
24
+14%
|
27
+13%
|
25
-6%
|
25
-2%
|
25
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(6)
|
(7)
|
(7)
|
(7)
|
(8)
|
(7)
|
(8)
|
(9)
|
(9)
|
(10)
|
(11)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(9)
|
(9)
|
(9)
|
(10)
|
(11)
|
(11)
|
(10)
|
(10)
|
(10)
|
(10)
|
(11)
|
(13)
|
(14)
|
(14)
|
(14)
|
(15)
|
(17)
|
(18)
|
(18)
|
(19)
|
|
Selling, General & Administrative |
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(6)
|
(7)
|
(7)
|
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(9)
|
(8)
|
(9)
|
(9)
|
(8)
|
(9)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(8)
|
(9)
|
(10)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(14)
|
(15)
|
(15)
|
(16)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
|
Operating Income |
1
N/A
|
0
-67%
|
0
-49%
|
0
+85%
|
1
+251%
|
1
+15%
|
4
+136%
|
4
+3%
|
3
-27%
|
2
-19%
|
1
-73%
|
2
+223%
|
3
+41%
|
1
-50%
|
0
-95%
|
1
+2 233%
|
1
-48%
|
1
+37%
|
1
-30%
|
(3)
N/A
|
(2)
+37%
|
0
N/A
|
0
-15%
|
0
+27%
|
0
-11%
|
1
+392%
|
2
+87%
|
4
+71%
|
3
-24%
|
1
-52%
|
3
+101%
|
3
+8%
|
0
-85%
|
3
+440%
|
5
+107%
|
6
+17%
|
9
+44%
|
10
+7%
|
8
-21%
|
7
-11%
|
6
-14%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
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
|
1
|
1
|
1
|
1
|
|
Pre-Tax Income |
1
N/A
|
0
-68%
|
0
-16%
|
0
+53%
|
1
+192%
|
2
+14%
|
4
+116%
|
4
+3%
|
3
-27%
|
2
-18%
|
1
-74%
|
2
+236%
|
3
+42%
|
1
-71%
|
0
-78%
|
2
+782%
|
1
-45%
|
1
+36%
|
1
-27%
|
(3)
N/A
|
(2)
+39%
|
0
N/A
|
0
-19%
|
0
+13%
|
0
-18%
|
1
+350%
|
2
+85%
|
4
+70%
|
4
+10%
|
3
-36%
|
3
+4%
|
3
+7%
|
0
-84%
|
3
+416%
|
5
+114%
|
6
+18%
|
9
+46%
|
10
+10%
|
8
-18%
|
8
-9%
|
7
-14%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
4
|
4
|
3
|
3
|
(0)
|
(0)
|
1
|
1
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
|
Income from Continuing Operations |
1
|
0
|
0
|
0
|
1
|
2
|
3
|
3
|
2
|
2
|
0
|
2
|
2
|
5
|
4
|
5
|
4
|
1
|
1
|
(2)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
1
|
3
|
4
|
4
|
3
|
2
|
3
|
1
|
2
|
4
|
5
|
7
|
8
|
7
|
7
|
6
|
|
Net Income (Common) |
1
N/A
|
0
-68%
|
0
-16%
|
0
+47%
|
1
+200%
|
2
+9%
|
3
+121%
|
3
+2%
|
2
-29%
|
2
-17%
|
0
-80%
|
2
+333%
|
2
+43%
|
3
+31%
|
3
-15%
|
3
+17%
|
3
-21%
|
1
-68%
|
1
-28%
|
(2)
N/A
|
(1)
+41%
|
(0)
+94%
|
(0)
-88%
|
(0)
+20%
|
(0)
-58%
|
1
N/A
|
3
+71%
|
4
+45%
|
4
+13%
|
3
-38%
|
2
-3%
|
3
+11%
|
1
-79%
|
2
+238%
|
4
+121%
|
5
+6%
|
7
+53%
|
8
+20%
|
7
-21%
|
7
+3%
|
6
-15%
|
|
EPS (Diluted) |
0.15
N/A
|
0.05
-67%
|
0.04
-20%
|
0.06
+50%
|
0.17
+183%
|
0.18
+6%
|
0.41
+128%
|
0.42
+2%
|
0.3
-29%
|
0.25
-17%
|
0.05
-80%
|
0.21
+320%
|
0.3
+43%
|
0.38
+27%
|
0.35
-8%
|
0.39
+11%
|
0.3
-23%
|
0.1
-67%
|
0.07
-30%
|
-0.27
N/A
|
-0.16
+41%
|
-0.01
+94%
|
-0.02
-100%
|
-0.02
N/A
|
-0.03
-50%
|
0.19
N/A
|
0.31
+63%
|
0.34
+10%
|
0.38
+12%
|
0.25
-34%
|
0.22
-12%
|
0.24
+9%
|
0.05
-79%
|
0.18
+260%
|
0.4
+122%
|
0.42
+5%
|
0.64
+52%
|
0.77
+20%
|
0.6
-22%
|
0.62
+3%
|
0.52
-16%
|