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Income Statement
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ESS Tech, Inc.

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-20Dec-31-19
   S-1S-1
Total revenues  0.00.0
Cost of goods sold  0.00.0
Gross profit  0.00.0
Selling, general and administrative   [+]4.53.2
Research and development  12.96.7
EBITDA   [+]-17.0-9.6
Depreciation and amortization  0.40.3
EBIT   [+]-17.4-9.9
Interest expense  0.11.0
Other income (expense), net   [+]-12.9-0.6
Pre-tax income  -30.4-11.5
Income taxes  0.00.0
            Tax rate  0.0%0.0%
Net income  -30.4-11.5
   
Basic EPS   [+]($4.28)($1.64)
Diluted EPS   [+]($4.28)($1.64)
   
Shares outstanding (basic)   [+]7.17.0
Shares outstanding (diluted)   [+]7.17.0
   
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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