Geovax Labs, Inc. income statement
In fiscal 2025, Geovax Labs, Inc. reported revenue of $2.5m, down 37.1% on the year before, operating income of −$21.6m (a -869.3% margin) and net income of −$21.5m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 1 | 1 | 1 | 2 | 0 | 0 | 0 | 4 | 2 | 0 |
| Research and development | 2 | 2 | 2 | 2 | 2 | 16 | 9 | 21 | 24 | 18 | 15 |
| General and administrative | 2 | 1 | 2 | 2 | 2 | 4 | 5 | 6 | 5 | 6 | 5 |
| Operating income | −3 | −2 | −3 | −2 | −3 | −19 | −14 | −27 | −25 | −22 | −21 |
| Interest expense | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | — | — | — | 0 | 0 |
| Net income | −3 | −2 | −3 | −2 | −3 | −19 | −14 | −26 | −25 | −21 | −20 |
| Diluted EPS | −$0.40 | −$3.75 | −$1951291.25 | −$97733.75 | −$267.50 | −$15.20 | — | — | — | — | — |
| Diluted shares (average) | — | — | — | — | 11m | — | — | — | — | — | — |
| EBITDA | −3 | −2 | −3 | −2 | −3 | −19 | −14 | −27 | −25 | −22 | −20 |
| 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 | 2,789 | 864 | 1,637 | 852 | 0 | 0 | 0 | 0 |
| Research and development | 7,403 | 7,608 | 5,355 | 4,729 | 5,044 | 2,994 | 3,903 | 3,111 |
| General and administrative | 1,241 | 1,601 | 1,687 | 1,542 | 1,330 | 1,447 | 1,369 | 1,332 |
| Operating income | −5,855 | −8,344 | −5,405 | −5,419 | −6,373 | −4,442 | −5,273 | −4,442 |
| Interest expense | 14 | 0 | — | 0 | 0 | 0 | — | — |
| Income tax | 0 | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −5,815 | −8,263 | −5,358 | −5,370 | −6,319 | −4,418 | −5,262 | −4,427 |
| EBITDA | −5,824 | −8,323 | −5,388 | −5,402 | −6,356 | −4,424 | −5,261 | −4,430 |
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