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Income Statement
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SERA PROGNOSTICS, INC. (SERA)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19
   10-K10-K10-KS-1/A
Revenues  0.30.10.00.0
            Revenue growth  226.8%228.0%-30.6% 
Cost of goods sold  0.20.00.00.0
Gross profit  0.10.00.00.0
            Gross margin  28.0%54.9%56.0%50.0%
Selling, general and administrative   [+]31.524.410.27.2
Research and development  14.211.07.89.4
EBITDA   [+]-44.9-34.7-17.1-15.6
            EBITDA margin  -16752.2%-42361.0%-68304.0%-43416.7%
Depreciation and amortization  0.80.70.90.9
EBIT   [+]-45.7-35.4-18.0-16.6
            EBIT margin  -17034.3%-43164.6%-71884.0%-46044.4%
Interest expense, net   [+]-0.40.61.82.0
Other income (expense), net   [+]1.11.0-0.118.5
Pre-tax income  -44.2-35.0-19.80.0
Income taxes  0.00.00.00.0
            Tax rate  0.0%0.0%0.0% 
Net income  -44.2-35.0-19.80.0
            Net margin  -16487.3%-42693.9%-79392.0%0.0%
   
Basic EPS   [+]($1.43)($2.33)($12.76) 
Diluted EPS   [+]($1.43)($2.33)($12.76) 
   
Shares outstanding (basic)   [+]30.915.01.6 
Shares outstanding (diluted)   [+]30.915.01.6 
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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