Milestone scientific inc. (MLSS)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10
Product sales, net

8,374

9,622

11,281

-

-

-

-

-

-

-

Cost of products sold

2,656

5,190

4,312

-

-

-

-

-

-

-

Product sales, net

-

-

-

10,482

9,491

10,333

10,011

8,648

8,378

9,749

Cost of products sold

-

-

-

4,175

3,048

3,630

3,198

3,055

3,016

3,531

Gross profit

5,718

4,431

6,969

6,306

6,443

6,702

6,812

5,592

5,361

6,218

Selling, general and administrative expenses

9,527

10,645

11,930

11,549

9,399

7,404

5,534

5,930

6,445

6,648

Research and development expenses

189

245

272

1,270

100

88

191

181

140

270

Impairment to long lived assets

-

1,539

-

-

-

-

-

-

-

-

Total operating expenses

9,717

12,430

12,203

12,820

9,500

7,492

5,725

6,112

6,585

6,919

Loss from operations

-3,998

-7,999

-5,234

-6,513

-3,056

-790

1,086

-520

-1,223

-700

Other expenses

-10

-7

-4

-5

-5

-

-

-

-

183

Interest income

1

7

-

-

-

-

-

-

-

-

Change in fair value of derivative liability

-3,635

-

-

-

-

-

-

-

-

-

Other income

-

-

-

-

-

-

17

-

-

-

Interest income

-

-

9

1

3

2

0

0

0

0

Interest expense

-

-

-

-

-

-

70

175

131

95

Gain on Dilutive Effect on Medical Joint Venture stock issuance

-

-

-

-

-

-

1,363

-

-

-

Total other expenses, net

-

-

-

-

-

2

378

-

-

-

Loss before provision for income taxes and net of equity investments

-7,643

-7,999

-5,229

-6,517

-3,058

-787

-

-

-

-

(Loss) income before provision for income taxes

-

-

-

-

-

-

1,464

-

-

-

Provision for income taxes

18

23

19

-19

36

9

-

0

-

-

Loss before equity in net earnings (losses) of equity investments

-7,661

-8,023

-5,249

-6,498

-3,094

-797

-

-

-

-

Interest-Amortized debt issuance - cost

-

-

-

-

-

-

-

3

5

2

Earnings from China Joint Venture

81

329

-120

-795

-2,445

-910

-

-171

-121

-

(Loss) Earnings on earnings from equity method investment

81

329

-120

-795

-

-910

-

-171

-121

-

Net loss

-7,580

-7,691

-5,369

-7,294

-5,539

-1,707

1,464

-870

-

-

Net loss attributable to noncontrolling interests

-55

-260

-182

-1,347

-72

-5

-

-

-

-

Total other expenses, net

-

-

-

-

-

-

-

349

258

-

Total other expenses

-

-

-

-

-

-

-

-

-

86

Net loss attributable to Milestone Scientific Inc.

-7,524

-7,431

-5,186

-5,946

-5,467

-1,702

1,464

-870

-1,482

-614

Net loss per share applicable to common stockholders—
Basic (in dollars per share)

-0.16

-0.21

-0.16

-0.22

-0.26

-0.08

0.09

-0.05

-

-

Diluted (in dollars per share)

-0.16

-0.21

-0.16

-0.22

-0.26

-0.08

0.08

-0.05

-

-

Weighted average shares outstanding and to be issued—
Basic (in shares)

45,740

35,299

32,703

26,966

21,429

20,063

17,127

16,080

-

-

Diluted (in shares)

45,740

35,299

32,703

26,966

21,429

20,063

17,483

16,080

-

-

Net loss applicable to common stockholders

-7,524

-7,431

-5,186

-5,946

-

-

-

-

-

-614

Loss per share applicable to common stockholders - basic and diluted

-

-

-

-

-

-

-

-

-0.10

-0.04

Weighted average shares outstanding and to be issued - basic and diluted

-

-

-

-

-

-

-

-

15,174

-

Weighted average shares outstanding and to be issued - Basic and diluted

-

-

-

-

-

-

-

-

-

14,824

Milestone Education LLC [Member]
Loss from earnings on China joint venture

-

1

-

-

-

-

-

-

-

-

(Loss) Earnings on earnings from equity method investment

-

1

-

-

-

-

-

-

-

-

China Joint Venture [Member]
Loss from earnings on China joint venture

81

329

-120

-

-

-

-

-

-

-

(Loss) Earnings on earnings from equity method investment

81

329

-120

-

-

-

-

-

-

-