ASP Isotopes Inc. income statement
In fiscal 2025, ASP Isotopes Inc. reported revenue of $23.8m, up 475.5% on the year before, operating income of −$59.9m (a -251.2% margin) and net income of −$160m, or −$2.11 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 4 | 24 | 31 |
| Cost of revenue | 0 | 0 | 3 | 20 | 25 |
| Gross profit | 0 | 0 | 2 | 3 | 6 |
| Research and development | 1 | 1 | 3 | 12 | 22 |
| General and administrative | 4 | 15 | 25 | 48 | 80 |
| Operating income | −5 | −16 | −26 | −60 | −99 |
| Interest expense | 0 | 0 | 0 | 1 | 4 |
| Net interest income | 0 | — | — | — | — |
| Income before tax | −5 | −16 | −32 | −160 | −137 |
| Income tax | 0 | −0 | 0 | 0 | 0 |
| Net income | −5 | −16 | −32 | −160 | −117 |
| Diluted EPS | — | −$0.49 | −$0.63 | −$2.11 | −$1.08 |
| Diluted shares (average) | 27m | 33m | 56m | 83m | 108m |
| EBITDA | −5 | −16 | −26 | −58 | −94 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 1 | 1 | 1 | 5 | 17 | 4 | 5 |
| Cost of revenue | 1 | 1 | 1 | 1 | 4 | 15 | 3 | 4 |
| Gross profit | 0 | 1 | 0 | 1 | 0 | 2 | 2 | 1 |
| Research and development | 1 | 1 | 2 | 1 | 3 | 7 | 5 | 7 |
| General and administrative | 5 | 7 | 7 | 12 | 12 | 18 | 21 | 29 |
| Operating income | −5 | −8 | −8 | −12 | −15 | −25 | −25 | −34 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 |
| Income before tax | −7 | −9 | −9 | −75 | −13 | −63 | −27 | −34 |
| Income tax | −0 | 0 | −0 | 0 | 0 | 0 | −0 | −0 |
| Net income | −7 | −9 | −8 | −75 | −13 | −63 | −7 | −34 |
| Diluted EPS | −$0.12 | −$0.13 | −$0.12 | −$1.03 | −$0.15 | −$0.84 | −$0.06 | −$0.27 |
| EBITDA | −5 | −8 | −8 | −11 | −15 | −24 | −22 | −33 |
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