MLSS
Income statement / Annual
Last year (2024), Milestone Scientific Inc.'s total revenue was $8.63 M,
a decrease of 12.19% from the previous year.
In 2024, Milestone Scientific Inc.'s net income was -$4.71 M.
See Milestone Scientific Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$8.63 M |
$9.83 M |
$8.81 M |
$10.30 M |
$5.44 M |
$8.37 M |
$9.62 M |
$11.28 M |
$10.48 M |
$9.49 M |
| Cost of Revenue |
$2.20 M
|
$3.03 M
|
$3.91 M
|
$3.99 M
|
$1.82 M
|
$2.66 M
|
$5.19 M
|
$4.31 M
|
$4.18 M
|
$3.05 M
|
| Gross Profit |
$6.43 M
|
$6.79 M
|
$4.90 M
|
$6.31 M
|
$3.62 M
|
$5.72 M
|
$4.43 M
|
$6.97 M
|
$6.31 M
|
$6.44 M
|
| Gross Profit Ratio |
0.75
|
0.69
|
0.56
|
0.61
|
0.67
|
0.68
|
0.46
|
0.62
|
0.6
|
0.68
|
| Research and Development Expenses |
$858.77 K
|
$701.38 K
|
$1.15 M
|
$878.21 K
|
$307.85 K
|
$189.92 K
|
$245.64 K
|
$272.75 K
|
$1.27 M
|
$100.86 K
|
| General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$10.65 M
|
$11.93 M
|
$11.55 M
|
$9.40 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$9.53 M
|
$10.65 M
|
$11.93 M
|
$11.55 M
|
$9.40 M
|
| Other Expenses |
$12.33 M
|
$13.20 M
|
$12.58 M
|
$12.81 M
|
$10.77 M
|
$0.00
|
-$7.23 K
|
-$4.93 K
|
-$5.09 K
|
-$5.35 K
|
| Operating Expenses |
$13.19 M
|
$13.90 M
|
$13.73 M
|
$13.69 M
|
$11.07 M
|
$9.72 M
|
$10.89 M
|
$12.20 M
|
$12.82 M
|
$9.50 M
|
| Cost And Expenses |
$15.39 M
|
$16.93 M
|
$17.63 M
|
$17.68 M
|
$12.89 M
|
$12.37 M
|
$16.08 M
|
$16.52 M
|
$17.00 M
|
$12.55 M
|
| Interest Income |
$60.27 K
|
$125.53 K
|
$54.61 K
|
$0.00
|
$0.00
|
$1.54 K
|
$7.45 K
|
$9.30 K
|
$1.29 K
|
$3.84 K
|
| Interest Expense |
$0.00
|
$0.00
|
$0.00
|
$16.36 K
|
$18.08 K
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Depreciation & Amortization |
$37.45 K
|
$62.32 K
|
$63.84 K
|
$73.84 K
|
$95.95 K
|
$256.47 K
|
$881.29 K
|
$573.15 K
|
$163.37 K
|
$97.38 K
|
| EBITDA |
-$6.72 M |
-$7.04 M |
-$8.76 M |
-$7.30 M |
-$7.36 M |
-$7.39 M |
-$5.58 M |
-$4.66 M |
-$6.35 M |
-$2.96 M |
| EBITDA Ratio |
-0.78
|
-0.72
|
-1
|
-0.71
|
-1.35
|
-0.88
|
-0.58
|
-0.41
|
-0.61
|
-0.31
|
| Operating Income Ratio |
-0.78
|
-0.72
|
-1
|
-0.72
|
-1.37
|
-0.48
|
-0.83
|
-0.46
|
-0.62
|
-0.32
|
| Total Other Income/Expenses Net |
$2.04 M
|
$125.53 K
|
$54.61 K
|
$502.41 K
|
$79.81 K
|
-$3.56 M
|
$215.00
|
$4.37 K
|
-$3.80 K
|
-$1.51 K
|
| Income Before Tax |
-$4.71 M
|
-$6.98 M
|
-$8.77 M
|
-$6.88 M
|
-$7.37 M
|
-$7.56 M
|
-$8.00 M
|
-$5.23 M
|
-$6.52 M
|
-$3.06 M
|
| Income Before Tax Ratio |
-0.55
|
-0.71
|
-1
|
-0.67
|
-1.36
|
-0.9
|
-0.83
|
-0.46
|
-0.62
|
-0.32
|
| Income Tax Expense |
$0.00
|
$0.00
|
$0.00
|
$333.00
|
$15.50 K
|
$18.13 K
|
$23.99 K
|
$19.09 K
|
-$19.10 K
|
$36.16 K
|
| Net Income |
-$4.71 M
|
-$6.93 M
|
-$8.71 M
|
-$6.82 M
|
-$7.34 M
|
-$7.52 M
|
-$7.43 M
|
-$5.19 M
|
-$5.95 M
|
-$5.47 M
|
| Net Income Ratio |
-0.55
|
-0.71
|
-0.99
|
-0.66
|
-1.35
|
-0.9
|
-0.77
|
-0.46
|
-0.57
|
-0.58
|
| EPS |
-0.0591 |
-0.0952 |
-0.12 |
-0.1 |
-0.12 |
-0.17 |
-0.21 |
-0.16 |
-0.22 |
-0.26 |
| EPS Diluted |
-0.0591 |
-0.0952 |
-0.12 |
-0.1 |
-0.12 |
-0.17 |
-0.21 |
-0.16 |
-0.22 |
-0.26 |
| Weighted Average Shares Out |
$79.79 M
|
$72.78 M
|
$70.61 M
|
$68.83 M
|
$63.06 M
|
$45.74 M
|
$35.30 M
|
$32.70 M
|
$26.97 M
|
$21.03 M
|
| Weighted Average Shares Out Diluted |
$79.79 M
|
$72.78 M
|
$70.61 M
|
$68.83 M
|
$63.06 M
|
$45.74 M
|
$35.30 M
|
$32.70 M
|
$26.97 M
|
$21.43 M
|
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