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Core Scientific, Inc.

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-21Dec-31-20
   10-K8-K
Total revenues  -0.260.3
            Revenue growth  -100.3% 
Cost of goods sold  0.050.9
Gross profit  -0.29.4
            Gross margin  100.0%15.6%
Selling, general and administrative   [+]4.816.3
Research and development   5.3
Other operating expenses  0.2-5.9
EBITDA   [+] 3.1
            EBITDA margin  2902.9%5.1%
Depreciation and amortization   9.4
EBIT   [+]-5.2-6.3
            EBIT margin  2902.9%-10.5%
Interest expense, net   [+]0.04.4
Other income (expense), net   [+]-27.3-1.4
Pre-tax income  -32.5-12.2
Income taxes  0.00.0
            Tax rate  0.0%0.0%
Net income  -32.50.0
            Net margin  18095.0%0.0%
   
Basic EPS   [+]($1.06)($0.23)
Diluted EPS   [+]($1.06)($0.23)
   
Shares outstanding (basic)   [+]30.50.1
Shares outstanding (diluted)   [+]30.50.1
   
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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