Cytosorbents Corp income statement
In fiscal 2025, Cytosorbents Corp reported revenue of $37.1m, up 4.1% on the year before, operating income of −$14.7m (a -39.8% margin) and net income of −$8.2m, or −$0.13 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 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 1 | 2 | 4 | 5 | 10 | 15 | 23 | 25 | 41 | 43 | 35 | 31 | 36 | 37 | 37 |
| Cost of revenue | — | — | — | — | — | 4 | 6 | 7 | 7 | 11 | 11 | 14 | 9 | 11 | 11 | 11 |
| Gross profit | 0 | 1 | 1 | 2 | 3 | 6 | 10 | 15 | 18 | 30 | 32 | 21 | 22 | 25 | 26 | 27 |
| Research and development | 3 | 3 | 2 | 2 | 4 | 4 | 3 | 8 | 12 | 9 | 16 | 15 | 16 | — | — | — |
| Selling, general and administrative | 1 | 1 | 3 | 6 | 7 | 12 | 15 | 21 | 22 | 28 | 36 | 34 | 38 | 34 | 36 | 34 |
| Operating income | −4 | −3 | −5 | −7 | −9 | −11 | −10 | −16 | −19 | −10 | −23 | −32 | −32 | −16 | −15 | −13 |
| Interest expense | 1 | 0 | 0 | 0 | 0 | — | — | — | — | — | — | — | — | — | — | — |
| Income before tax | −5 | −4 | −5 | −10 | −10 | −12 | −9 | −18 | −20 | −9 | −25 | −34 | −30 | −22 | −9 | — |
| Income tax | — | −0 | −0 | −0 | −0 | −0 | −1 | −1 | −1 | −1 | −1 | −1 | −1 | −2 | −0 | −0 |
| Net income | −5 | −4 | −5 | −9 | −9 | −12 | −8 | −17 | −19 | −8 | −25 | −33 | −29 | −21 | −8 | −18 |
| Diluted EPS | −$1.25 | −$0.75 | −$0.75 | −$1.29 | −$0.38 | −$0.46 | −$0.32 | −$0.56 | −$0.60 | −$0.20 | −$0.57 | −$0.75 | −$0.65 | −$0.38 | −$0.13 | −$0.30 |
| Diluted shares (average) | 6m | 8m | 9m | 14m | 25m | 25m | 28m | 31m | 32m | 39m | 43m | 44m | 45m | 54m | 62m | 62m |
| EBITDA | −4 | −3 | −5 | −7 | −9 | −11 | −10 | −15 | −18 | −10 | −22 | −31 | −30 | −15 | −14 | −12 |
| 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 | 8,613 | 9,151 | 8,727 | 9,617 | 9,485 | 9,234 | 8,864 | 9,633 |
| Cost of revenue | 3,357 | 2,896 | 2,520 | 2,803 | 2,819 | 2,430 | 2,734 | 2,584 |
| Gross profit | 5,256 | 6,255 | 6,207 | 6,814 | 6,666 | 6,804 | 6,130 | 7,049 |
| Research and development | 1,851 | — | 1,663 | 1,262 | — | — | 1,025 | 1,453 |
| Selling, general and administrative | 8,260 | 7,635 | 8,432 | 9,167 | 8,610 | 9,436 | 8,149 | 7,964 |
| Operating income | −4,830 | −3,395 | −3,888 | −3,615 | −2,862 | −4,385 | −3,044 | −2,638 |
| Income before tax | −2,768 | −9,258 | −1,478 | — | −3,571 | −5,497 | — | — |
| Income tax | 0 | −1,691 | 0 | 0 | −401 | 0 | 0 | 0 |
| Net income | −2,768 | −7,567 | −1,479 | 1,947 | −3,170 | −5,497 | −5,129 | −4,417 |
| Diluted EPS | −$0.05 | −$0.14 | −$0.02 | $0.03 | −$0.05 | −$0.09 | −$0.08 | −$0.07 |
| EBITDA | −4,530 | −3,241 | −3,519 | −3,315 | −2,562 | −4,288 | −2,755 | −2,338 |
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