Biorestorative Therapies, Inc. income statement
In fiscal 2025, Biorestorative Therapies, Inc. reported revenue of $359,700, down 10.3% on the year before, operating income of −$15.6m (a -4350.1% margin) and net income of −$14.2m, or −$1.58 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 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMMar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — | — | 0 | 0 | 0 |
| Gross profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | — | — | — | — | 0 | 0 | 0 | 0 |
| Research and development | 0 | 1 | 2 | 1 | 2 | 3 | 2 | 2 | 2 | 1 | 1 | 4 | 4 | 7 | 10 | 9 |
| General and administrative | 1 | 3 | 2 | 2 | 4 | 3 | 4 | 4 | 5 | 2 | 26 | 16 | 11 | 5 | 6 | 5 |
| Operating income | −4 | −6 | −5 | −5 | −7 | −8 | −8 | −8 | −8 | −3 | −26 | −19 | −15 | −12 | −16 | −14 |
| Interest expense | 0 | 1 | 0 | 0 | 0 | 0 | 0 | — | — | — | — | — | — | — | — | — |
| Net interest income | — | — | — | — | — | — | — | — | — | — | −2 | 0 | 1 | 1 | 0 | — |
| Income before tax | — | — | −6 | −6 | −8 | −9 | −9 | — | — | — | — | — | — | −9 | −14 | — |
| Income tax | — | — | 0 | 0 | 0 | — | — | — | — | — | — | — | — | — | — | — |
| Net income | −4 | −7 | −6 | −6 | −8 | −9 | −9 | −13 | −15 | −11 | −44 | −13 | −10 | −9 | −14 | −11 |
| Diluted EPS | −$0.21 | −$0.01 | −$0.01 | −$0.09 | −$0.13 | −$0.09 | −$0.07 | −$0.07 | −$0.08 | −$3.60 | −$14.09 | −$3.65 | −$2.47 | −$1.16 | −$1.58 | −$0.98 |
| Diluted shares (average) | 27m | 32m | 39m | 61m | 59m | 98m | 129m | 182m | 177m | 3m | 3m | 4m | 4m | 8m | 9m | 11m |
| EBITDA | −3 | −5 | −5 | −5 | −7 | −8 | −8 | −7 | −8 | −3 | −26 | −19 | −15 | −11 | −15 | −14 |
| Quarter | 2024 Q2Jun 2024 | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 89 | 234 | 43 | 25 | 303 | 12 | 20 | 23 |
| Cost of revenue | 6 | 18 | 3 | 3 | 9 | 11 | 2 | 7 |
| Gross profit | 83 | 215 | 40 | 22 | 295 | 1 | 18 | 16 |
| Research and development | 1,454 | 1,453 | 1,702 | 2,647 | 2,226 | 2,595 | 2,627 | 1,926 |
| General and administrative | 1,097 | 1,049 | 1,028 | 2,183 | 1,374 | 1,115 | 1,216 | 1,475 |
| Operating income | −2,469 | −2,287 | −2,690 | −4,808 | −3,305 | −3,709 | −3,825 | −3,386 |
| Net interest income | 176 | 159 | 119 | 100 | 74 | 58 | 35 | — |
| Net income | −4,029 | −1,091 | −1,636 | −5,340 | −2,656 | −3,038 | −3,208 | −2,154 |
| Diluted EPS | −$0.50 | −$0.13 | −$0.20 | −$0.64 | −$0.30 | −$0.33 | −$0.32 | −$0.12 |
| EBITDA | −2,421 | −2,239 | −2,640 | −4,756 | −3,253 | −3,656 | −3,772 | −3,333 |
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