Serina Therapeutics, Inc. income statement
In fiscal 2025, Serina Therapeutics, Inc. reported revenue of $130,000, up 132.1% on the year before, operating income of −$24.0m (a -18478.5% margin) and net income of −$19.2m, or −$1.91 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 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 1 | 2 | 0 | 0 | 0 | 3 | 0 | 0 |
| Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | — |
| Gross profit | 1 | 1 | 1 | 0 | 0 | 0 | 0 | — | — |
| Research and development | 6 | 6 | 6 | 4 | 1 | 1 | 2 | 7 | 13 |
| General and administrative | 4 | 6 | 8 | 7 | 7 | 6 | 4 | 10 | 11 |
| Operating income | −7 | −11 | −13 | −10 | −8 | −7 | −3 | −17 | −24 |
| Interest expense | — | — | — | — | 1 | 3 | 5 | 1 | 0 |
| Income before tax | — | −8 | −12 | −11 | 9 | 11 | 5 | −11 | −19 |
| Income tax | — | — | 0 | −0 | — | — | 0 | 0 | 0 |
| Net income | −7 | −8 | −12 | −11 | −9 | −10 | 5 | −11 | −19 |
| Diluted EPS | −$1.07 | −$1.07 | −$1.69 | −$1.48 | −$1.17 | −$49.54 | $0.73 | −$1.51 | −$1.91 |
| Diluted shares (average) | 6m | 7m | 7m | 7m | 7m | — | 7m | 7m | 10m |
| EBITDA | −6 | −11 | −12 | −9 | — | — | −3 | −17 | −24 |
| Quarter | 2024 Q2Jun 2024 | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 51 | 14 | −14 | 0 | 130 | 0 | 0 | 0 |
| Research and development | 1,594 | 2,415 | 2,365 | 2,951 | 3,152 | 3,651 | 3,401 | 3,816 |
| General and administrative | 2,323 | 2,911 | 3,170 | 2,907 | 2,543 | 2,741 | 2,806 | 2,968 |
| Operating income | −3,866 | −5,312 | −5,549 | −5,858 | −5,565 | −6,392 | −6,207 | −6,784 |
| Interest expense | 307 | 16 | 17 | 0 | 9 | 6 | 198 | 203 |
| Income before tax | — | — | — | −4,822 | — | — | — | — |
| Income tax | — | — | — | 0 | — | — | — | — |
| Net income | 5,204 | 1,410 | −2,740 | −4,813 | −6,448 | −4,585 | −3,336 | −6,356 |
| Diluted EPS | $0.51 | $0.13 | −$0.27 | −$0.49 | −$0.66 | −$0.45 | −$0.31 | −$0.55 |
| EBITDA | −3,866 | −5,312 | −5,587 | −5,858 | −5,565 | −6,392 | −6,156 | −6,748 |
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