RETRACTABLE TECHNOLOGIES INC RVP Income Statement

Retractable technologies inc (RVP)

Income statement / Quarterly

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	Sep'10	Jun'10
Sales, net
11,202	12,629	11,639	9,595	7,932	8,263	9,863	7,474	7,672	9,512	10,412	7,646	6,923	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,840	7,575	5,921	7,175	9,482	6,715	6,178	10,717	10,886	6,876	6,040	7,544	9,160	6,907	7,173	8,042	9,444	8,727	7,429	6,108	8,270	7,975	9,747	12,235	7,448
Cost of sales
Cost of manufactured product
-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,900	4,274	3,226	4,202	5,489	3,556	3,262	5,661	6,191	4,097	3,820	4,465	5,094	4,600	3,840	5,661	5,318	4,743	4,053	4,380	4,208	4,207	5,759	6,081	4,074
Royalty expense to shareholder
-	-	-	-	-	-	-	-	-	-	-	-	-	-	680	682	505	631	770	557	518	787	843	601	496	602	748	567	556	729	772	654	536	640	672	633	697	953	549
Total cost of sales
7,671	7,680	7,871	6,664	5,442	5,765	7,067	5,406	4,813	7,334	7,151	5,437	4,598	5,215	5,580	4,956	3,731	4,833	6,259	4,114	3,780	6,448	7,034	4,698	4,317	5,067	5,842	5,167	4,397	6,390	6,090	5,397	4,589	5,020	4,881	4,840	6,457	7,034	4,623
Gross profit
3,530	4,949	3,767	2,931	2,490	2,498	2,796	2,068	2,859	2,177	3,260	2,209	2,324	2,273	3,259	2,618	2,190	2,342	3,223	2,601	2,398	4,268	3,851	2,177	1,723	2,476	3,317	1,739	2,776	1,652	3,353	3,330	2,840	1,087	3,389	3,135	3,290	5,200	2,825
Operating expenses
Sales and marketing
1,135	1,354	1,007	979	875	1,153	1,033	1,052	1,165	1,186	1,220	1,223	1,027	1,072	1,058	986	909	1,011	954	1,012	859	887	919	1,062	1,096	1,178	1,092	1,079	1,063	1,281	1,034	1,012	892	952	937	790	758	1,140	955
Research and development
138	138	134	115	127	189	146	141	144	274	159	157	148	182	117	146	124	197	125	167	116	110	129	192	184	188	267	199	180	270	244	165	191	275	169	179	190	316	204
General and administrative
1,775	1,615	1,646	1,507	1,662	1,589	1,676	1,812	1,706	2,004	1,912	2,133	2,300	2,489	2,165	2,091	2,049	2,006	2,342	2,661	2,317	2,518	2,381	2,263	2,431	2,462	2,782	2,845	2,898	2,649	2,286	2,684	2,401	2,834	2,308	3,153	2,441	2,729	4,694
Total operating expenses
3,049	3,109	2,789	2,602	2,665	2,932	2,856	3,006	3,016	3,465	3,293	3,514	3,477	4,199	3,341	3,224	3,084	3,215	3,422	3,841	3,293	3,517	3,430	3,518	3,713	3,830	4,143	4,124	4,143	4,202	3,565	3,862	3,485	4,062	3,415	4,123	3,390	4,185	5,854
Income (loss) from operations
480	1,839	978	328	-174	-173	-60	-938	-156	-1,288	-32	-1,305	-1,152	-1,925	-81	-605	-894	-873	-199	-1,240	-895	751	420	-1,340	-1,989	-1,353	-825	-2,385	-1,367	-2,550	-211	-531	-645	-2,975	-26	-987	-99	1,015	-3,029
Interest and other income (expense)
-141	-	-	-	91	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Litigation proceeds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,724	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,900	1,900	1,900	7,275	-
Interest and other income
-	-	91	109	-	51	39	34	28	21	19	14	10	6	8	6	5	4	4	9	6	7	7	8	10	11	6	9	11	12	11	11	11	13	15	17	15	10	2
Interest expense
33	36	40	43	45	40	42	43	50	51	52	58	48	54	51	56	49	54	58	53	53	54	55	56	57	58	59	60	52	19	68	70	72	55	62	65	56	69	75
Income (loss) before income taxes
305	1,861	1,028	395	-129	-163	-63	-947	-179	-1,318	-66	-1,349	-1,189	-1,974	-124	-656	-938	-923	-252	6,440	-942	704	373	-1,387	-2,036	-1,400	-878	-2,436	-1,407	-2,557	-269	-590	-705	-3,017	1,826	864	1,759	8,231	-3,102
Provision (benefit) for income taxes
-17	1	4	3	-	-13	0	0	0	-188	0	0	0	-0	0	0	0	1	2	2	2	2	1	1	1	25	62	1	1	-16	3	14	8	-36	-1	17	35	-	-337
Net income (loss)
322	1,861	1,024	391	-129	-149	-63	-947	-179	-1,130	-66	-1,349	-1,189	-1,973	-125	-656	-939	-925	-254	6,438	-944	702	371	-1,389	-2,038	-1,425	-940	-2,438	-1,409	-2,540	-272	-604	-714	-2,980	1,828	846	1,723	8,231	-
Net income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,765
Preferred Stock dividend requirements
174	177	175	175	176	176	176	176	176	176	176	176	176	176	176	176	176	26	227	227	227	228	228	228	228	228	228	228	229	229	229	229	229	-62	342	342	342	342	342
Income (loss) applicable to common shareholders
148	1,684	848	216	-305	-325	-239	-1,123	-355	-1,306	-242	-1,525	-1,366	-2,150	-301	-832	-1,115	1,353	-482	6,211	-1,172	473	142	-1,618	-2,267	-1,654	-1,169	-2,667	-1,638	-2,770	-502	-834	-943	-2,918	1,486	504	1,381	7,888	-3,107
Basic earnings (loss) per share
0.00	0.05	0.03	0.01	-0.01	-0.01	-0.01	-0.03	-0.01	-0.04	-0.01	-0.05	-0.04	-0.07	-0.01	-0.03	-0.04	0.05	-0.02	0.22	-0.04	0.01	0.01	-0.06	-0.08	-0.06	-0.04	-0.10	-0.06	-0.10	-0.02	-0.03	-0.04	-0.12	0.06	0.02	0.06	0.33	-0.13
Diluted earnings (loss) per share
0.00	0.05	0.03	0.01	-0.01	-0.01	-0.01	-0.03	-0.01	-0.04	-0.01	-0.05	-0.04	-0.07	-0.01	-0.03	-0.04	0.05	-0.02	0.21	-0.04	0.02	0.00	-0.06	-0.08	-0.06	-0.04	-0.10	-0.06	-0.10	-0.02	-0.03	-0.04	-0.11	0.06	0.02	0.05	0.29	-0.13
Weighted average common shares outstanding:
Basic (in shares)
32,681	32,674	32,674	32,673	32,666	32,666	32,666	32,666	32,666	32,666	32,166	31,666	31,333	29,659	29,649	29,483	28,624	28,012	27,873	27,741	27,663	27,516	27,394	27,332	27,258	26,998	26,719	27,042	27,238	-	-	25,318	25,318	24,667	24,027	24,004	23,986	23,887	23,825
Diluted (in shares)
32,745	32,710	32,674	32,673	32,666	32,666	32,666	32,666	32,666	32,666	32,166	31,666	31,333	29,659	29,649	29,483	28,624	32,955	27,873	29,432	27,663	25,737	29,173	27,332	27,258	26,998	26,719	27,042	27,238	-	-	25,318	25,318	26,614	25,950	26,189	26,664	28,726	23,825
Weighted average common shares outstanding - basic and diluted (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26,972	-	-	-	-	-	-	-	-
Costs of manufactured product
Total cost of sales
6,802	6,759	6,935	5,738	4,776	4,996	6,203	4,727	4,181	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Royalty expense to shareholder
Total cost of sales
869	921	936	926	665	769	863	679	632	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-