Xenetic Biosciences, Inc. income statement
In fiscal 2025, Xenetic Biosciences, Inc. reported revenue of $3.0m, up 19.0% on the year before, operating income of −$2.8m (a -95.2% margin) and net income of −$2.7m, 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 | 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 | 0 | 0 | 3 | 8 | 0 | 0 | 0 | 1 | 2 | 3 | 3 | 3 | 3 |
| Cost of revenue | 0 | 0 | 0 | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | 0 | 1 | 0 | — | — | — | — | — | — | — | — | — | — | — | — |
| Research and development | 2 | 3 | 6 | 3 | 44 | 4 | 3 | 5 | 2 | 3 | 5 | 3 | 3 | 3 | 3 |
| General and administrative | 4 | 7 | 7 | 6 | 7 | 7 | 4 | 5 | 3 | 4 | 4 | 4 | 3 | 3 | 3 |
| Operating income | −6 | −9 | −13 | −10 | −47 | −4 | −7 | −13 | −14 | −6 | −7 | −5 | −4 | −3 | −3 |
| Interest expense | 0 | 0 | 0 | 0 | 1 | 0 | — | — | — | — | — | — | — | — | — |
| Net interest income | — | — | — | — | — | −0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Income before tax | −6 | −9 | −14 | — | — | — | — | — | — | — | — | — | — | — | — |
| Income tax | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −3 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −6 | −9 | −14 | −13 | −54 | −4 | −7 | −13 | −11 | −6 | −7 | −4 | −4 | −3 | −2 |
| Diluted EPS | −$1.50 | −$2.10 | −$0.03 | −$88.80 | −$1.96 | −$0.10 | −$24.15 | −$63.30 | −$1.70 | −$0.55 | −$4.61 | −$2.71 | −$2.57 | −$1.58 | −$1.19 |
| Diluted shares (average) | 4m | 4m | 5m | — | — | — | — | — | — | 1m | 1m | 2m | 2m | 2m | 2m |
| EBITDA | −6 | −9 | −13 | −10 | −47 | −4 | −7 | −13 | −14 | −6 | −7 | — | — | — | — |
| 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 | 614 | 649 | 593 | 590 | 1,027 | 766 | 807 | 661 |
| Research and development | 368 | 1,042 | 879 | 657 | 756 | 773 | 661 | 552 |
| General and administrative | 746 | 706 | 657 | 658 | 815 | 616 | 648 | 1,080 |
| Operating income | −499 | −1,099 | −942 | −724 | −545 | −623 | −502 | −972 |
| Net interest income | 61 | 52 | 39 | 34 | 31 | 44 | — | — |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −437 | −1,055 | −903 | −689 | −510 | −579 | −456 | −930 |
| Diluted EPS | −$0.28 | −$0.68 | −$0.59 | −$0.45 | −$0.33 | −$0.22 | −$0.20 | −$0.41 |
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