Lipocine Inc. LPCN Income Statement

Lipocine inc. (LPCN)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Revenues:
License revenue
-	-	164	0	-	428	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
License revenue
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-
Research revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-
Total revenues
-	-	164	0	-	428	428	428	428	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,709	0	0	0	0	0	0	0
Operating expenses:
Research and development
8,030	7,468	7,809	7,518	7,037	6,464	6,049	6,673	9,298	11,004	10,565	10,025	8,486	8,076	9,513	12,740	13,334	12,580	12,704	11,217	14,029	15,479	15,054	13,376	7,846	5,122	3,205	0	0	-	0	-	-	-	-	-	-
Filing fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	0	0	-	0	-	-
Professional fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	33	49	26	2	0	0	0
Consulting fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	33	0	0	-	0	-	-
Consulting fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-
Incorporation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0
Franchise tax expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	-	-
General and administrative
6,506	5,597	4,979	4,482	4,777	5,289	7,934	9,724	10,076	10,213	7,921	6,596	7,810	10,382	10,969	11,274	9,143	5,801	5,041	4,213	4,133	5,001	4,865	5,175	4,852	3,635	3,621	2,906	2,197	1,551	536	69	66	5	0	0	0
Restructuring costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reverse merger costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	-	-	-	-	-	-
Total operating expenses
14,536	13,065	12,788	12,000	11,814	11,753	13,984	16,397	19,374	21,217	18,830	17,350	17,025	19,186	20,867	24,015	22,478	18,382	17,746	15,430	18,162	20,480	20,833	20,260	14,624	10,683	0	0	0	-	-	-	-	-	-	-	-
Operating loss
-14,371	-12,900	-12,623	-12,000	-11,814	-11,325	-13,556	-15,969	-18,946	-21,217	-18,830	-17,350	-17,025	-19,186	-20,867	-24,015	-22,478	-18,382	-17,746	-15,430	-18,162	-20,480	-20,833	-20,260	-14,624	-10,683	-7,286	0	0	-	0	-	-	-	-	-	-
Other income (expense):
Interest and investment income
0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense
0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other expense, net
-318	-343	-317	-338	-349	-333	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized loss on warrant liability
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other income (expense), net
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	229	240	216	173	132	94	101	108	109	100	63	38	18	0	0	-	0	-	-	-	-	-	-
Loss before income tax expense
-15,553	-13,007	-12,940	-12,339	-12,164	-11,659	-13,765	-16,006	-18,840	-20,982	-18,616	-17,152	-16,822	-18,970	-20,638	-23,774	-22,261	-18,208	-17,614	-15,335	-18,060	-20,372	-20,723	-20,159	-14,560	-10,645	-7,267	0	0	-	0	-	-	-	-	-	-
Income tax expense
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-55	-55	-55	-54	0	0	-	0	-	-	-	-	-	-
(Loss) from Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-76	0	0	-	0	-	-
Provision for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	-	-
Franchise tax expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	0
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	0
Total general and administrative expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	0
Total Expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-
Total Expanses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
(Loss) from Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	0
Provision for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	0
Net loss
-15,553	-13,007	-12,940	-12,339	-12,164	-11,660	-13,766	-16,007	-18,841	-20,982	-18,617	-17,152	-16,823	-18,971	-20,638	-23,775	-22,262	-18,208	-17,614	-15,336	-18,061	-20,372	-20,723	-20,104	-14,505	-10,590	-1,177	1,284	2,596	3,886	-1,140	-127	-66	-5	0	0	0
Basic loss per share attributable to common stock
-0.14	-0.10	-0.12	-0.14	-0.14	-0.15	-0.12	-0.15	-0.13	-0.26	-0.22	-0.31	-0.26	-0.16	-0.18	-0.32	-0.38	-0.27	-0.35	-0.26	-0.23	-0.32	-0.32	-0.55	-0.41	-0.44	-0.39	-0.31	-0.30	-	-0.23	-	-	-	-	-	-
Weighted average common shares outstanding, basic
41,347	30,642	24,911	24,591	23,383	21,613	21,266	21,264	21,264	21,233	20,890	19,372	18,711	18,276	18,252	18,251	18,251	18,329	18,238	16,496	12,819	12,791	12,775	12,770	12,728	11,626	8,914	4,455	4,455	-	4,455	-	-	-	-	-	-
Diluted loss per share attributable to common stock
-0.14	-0.10	-0.12	-0.14	-0.14	-0.15	-0.12	-0.15	-0.13	-0.26	-0.22	-0.31	-0.26	-0.16	-0.18	-0.32	-0.38	-0.27	-0.35	-0.26	-0.23	-0.32	-0.32	-0.55	-0.41	-0.44	-0.39	-0.31	-0.30	-	-0.23	-	-	-	-	-	-
Weighted average common shares outstanding, diluted
41,347	30,642	24,911	24,591	23,383	21,613	21,266	21,264	21,264	21,233	20,890	19,372	18,711	18,276	18,252	18,251	18,251	18,329	18,238	16,496	12,819	12,791	12,775	12,770	12,728	11,626	8,914	4,455	4,455	-	4,455	-	-	-	-	-	-
Comprehensive loss:
Net loss
-15,553	-13,007	-12,940	-12,339	-12,164	-11,660	-13,766	-16,007	-18,841	-20,982	-18,617	-17,152	-16,823	-18,971	-20,638	-23,775	-22,262	-18,208	-17,614	-15,336	-18,061	-20,372	-20,723	-20,104	-14,505	-10,590	-1,177	1,284	2,596	3,886	-1,140	-127	-66	-5	0	0	0
Net unrealized gain on available-for-sale securities
-1	0	4	14	21	3	-3	-10	-13	3	-0	-6	-8	24	-5	16	2	-32	5	-10	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive loss
-15,554	-13,006	-12,936	-12,325	-12,143	-11,656	-13,769	-16,018	-18,855	-20,978	-18,618	-17,159	-16,832	-18,947	-20,644	-23,759	-22,259	-18,241	-17,608	-15,346	-18,061	-20,372	-20,723	-20,104	-14,505	-10,590	0	0	0	-	-	-	-	-	-	-	-
(Loss) per common share - Basic and Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-0.02	-	0.00	-	-
Weighted Average Number of Common Shares Outstanding - Basic and Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,000	3,494	-	0	-	-
(Loss) per common share - Basic and Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.02	-	-	-	0.00	0.00
Weighted Average Number of Common Shares Outstanding - Basic and Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,494	-	-	-	0	0