Name: VXRT Income Statement - Vaxart Revenue & EPS | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Revenue, Cost of Revenue, Gross Profit, Operating Expenses, Operating Income, Net Income, EPS Basic, EPS Diluted

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VXRT - Vaxart, Inc.

USD | OTC Markets | Healthcare

VXRT Income Statement - Vaxart Revenue & EPS | Ledgeburg

(in millions of USD, except per-share data)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q4 FY 19	Q3 FY 19	Q2 FY 19	Q1 FY 19	Q4 FY 18	Q3 FY 18	Q2 FY 18	Q1 FY 18	Q4 FY 17	Q3 FY 17	Q2 FY 17	Q1 FY 17	Q4 FY 16	Q3 FY 16	Q1 FY 16
Revenues
Revenues	39.2	104.2	72.4	39.7	20.9	15.2	4.9	6.4	2.2	3.2	2.1	1.4	0.7	0.0	0.0	0.0

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD, except per-share data)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Revenues
Revenues	255.6	237.3	28.7	7.4	0.1	0.9	4.0	9.9	4.2	5.8	9.3	24.6	68.7	33.6	20.4	12.5	35.0	10.5
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	3.6	51.1	19.7	9.9	2.5	4.0	2.0
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	21.0	17.6	13.9	10.5	10.0	31.1
Operating Expenses
Research & Development	200.2	201.6	74.2	68.1	81.1	48.7	19.9	14.5	17.3	12.4	26.3	19.8	17.5	19.9	24.1
Operating Income
Operating Income	38.2	18.1	(66.3)	(83.3)	(114.6)	(72.8)	(30.2)	(15.8)	(21.8)	(10.0)	(25.2)	(19.5)	(11.5)	(22.1)
Non-Operating
Interest Income	-	-	-	-	-	-	-	-	0.1	0.1	-	-	-	-	-	-
Tax & Net
Income Tax Expense	0.4	0.5	0.3	0.3	0.1	0.1	0.2	0.5	0.1	-	-	(0.1)	(0.3)	0.1	(0.5)
Per Share
EPS Basic	0.15	0.07	(0.33)	(0.57)	(0.84)	(0.58)	-	-	-	-	(0.66)	(0.54)	(0.35)	(0.32)	(0.85)	(1.12)
Supplementary Data
EBITDA	45.6	26.7	(57.4)	(74.7)	(108.8)	(68.5)	(27.5)	(12.2)	(18.6)	(9.6)	(25.1)	(18.4)	(9.1)	(19.1)	(19.8)	(27.5)

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Operating Income
Operating Income	5.2	55.4	(7.8)	(14.6)	(14.9)	(11.5)	(14.5)	(16.3)	(24.1)	(16.9)	(17.8)	(23.1)	(25.6)	(31.1)	(29.4)	(29.2)	(24.8)	(24.2)	(17.3)	(15.8)	(15.5)	(13.4)	(7.6)	(8.5)	(0.7)	(5.6)	(4.7)	(5.0)	(0.4)	(4.2)	(5.9)	(7.8)	(3.9)	(2.7)	(2.0)	(3.1)	(2.2)	(8.6)	(9.6)	(5.2)

Non-Operating
Interest Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-	-	-
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income From Equity Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Operating Income	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	0.0	0.0	0.0	(0.0)	-	-	-	-	-	-	-	-
Pre-Tax Income	5.2	55.4	(8.1)	(15.0)	(15.5)	(11.8)	(14.1)	(16.4)	(24.4)	(17.2)	(17.4)	(22.5)	(25.1)	(23.9)	(29.3)	(29.4)

Tax & Net
Income Tax Expense	0.0	0.3	0.0	0.0	0.1	0.2	0.0	0.0	0.0	0.2	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	0.2	0.2	0.0	0.0	0.3	-	-	0.0	0.0	-	-	-	0.2	0.1	-	-
Net Income From Continuing Ops	5.2	55.0	(8.1)	(15.0)	(15.6)	(12.0)	(14.1)	(16.5)	(24.4)	(17.4)	(17.4)	(22.6)	(25.1)	(23.9)	(29.3)	(29.4)	(25.1)
Net Income From Discontinued Ops	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	5.2	55.0	(8.1)	(15.0)	(15.6)	(12.0)	(14.1)	(16.5)	(24.4)	(17.4)	(17.4)	(22.6)	(25.1)	(23.9)	(29.3)	(29.4)	(25.1)
Net Income Attributable To Parent	5.2	55.0	(8.1)	(15.0)	(15.6)	(12.0)	(14.1)	(16.5)	(24.4)	(17.4)	(17.4)	(22.6)	(25.1)	(23.9)	(29.3)	(29.4)
Less: Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Preferred Dividends	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income To Common Shareholders	5.2	55.0	(8.1)	(15.0)	(15.6)	(12.0)	(14.1)	(16.5)	(24.4)	(17.4)	(17.4)	(22.6)	(25.1)	(23.9)	(29.3)

Per Share
EPS Basic	0.02	-	(0.04)	(0.07)	(0.07)	-	(0.06)	(0.09)	(0.14)	-	(0.11)	(0.16)	(0.19)	-	(0.23)	(0.23)	(0.20)	-	(0.14)	(0.13)	(0.14)	-	-	-	-	-	-	-	(0.18)	-	-	-	0.54	-	(0.14)	-	(25.84)	(0.24)	(0.26)	(0.14)
EPS Diluted	0.02	-	-	-	(0.07)	-	-	-	-	-	-	-	-	-	-	-	-	-
Shares Basic	240.6	-	228.9	228.4	227.9	-	227.5	184.7	168.8	-	152.0	139.6	135.2	-	126.9	126.4	125.8	-
Shares Diluted	242.2	-	-	-	227.9	-	-	-	-	-	-	-	-	-	-	-	-	-

Supplementary Data
EBITDA	6.3	60.0	(6.9)	(13.7)	(12.7)	(6.7)	(13.5)	(15.4)	(21.9)	(12.2)	(16.8)	(22.2)	(23.5)	(27.4)	(28.9)	(28.8)	(23.6)	(21.3)	(17.0)	(15.7)	(14.5)	(11.3)	(7.6)	(8.5)	(0.1)	(3.4)	(4.6)	(4.9)	0.7	(1.7)	(5.8)	(7.7)	(3.4)	(2.6)	(1.9)	(3.0)	(2.2)	-	-	-
EBIT	5.2	55.4	(7.8)	(14.6)	(14.9)	(11.5)	(14.5)	(16.3)	(24.1)	(16.9)	(17.8)	(23.1)	(25.6)	(31.1)	(29.4)	(29.2)	(24.8)	(24.2)	(17.3)

Operating Expenses
Research & Development	29.4	45.2	75.9	49.7	30.7	22.7	15.1	17.5	19.0	14.7	15.0	18.8	19.6	20.5	22.5	19.9	18.2	15.5	12.4	10.7	10.1	8.6	4.6	5.1	1.5	3.3	3.7	3.7	3.8	4.5	4.4	5.0	3.4	1.9	2.2	4.3	3.9	10.2	7.6	8.5
Selling General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling & Marketing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General & Administrative	4.6	3.7	4.3	4.6	5.1	4.0	4.3	5.2	7.2	5.4	4.9	5.6	6.6	6.4	7.0	9.3	6.7
Depreciation & Amortization	1.1	4.5	0.9	0.9	2.2	4.8	1.0	0.9	2.2	4.7	1.0	0.9	2.1	3.7	0.5	0.4
Amortization of Intangibles	0.2	0.2	0.1	0.2	0.2	0.2	0.1	0.2	0.2	0.1	0.2	0.2	0.2	0.3	0.3	0.3	0.3
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	34.1	48.8	80.2	54.3	35.8	26.7	19.4	22.7	26.3	20.1	19.9	24.4	26.2	31.2	29.4	29.2