Lipocine Inc. (LPCN) — Financial statements
Income statement, balance sheet, and cash flow for Lipocine Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2↓82.3% | 11↑492.8% | -3↓670.2% | 0.50↓96.9% | 16 | |
| Cost of Revenue | 9 | 0.00↓100.0% | 10↑18.9% | 9↑11.6% | 8 | |
| Gross Profit | -7↓159.0% | 11↑186.0% | -13↓61.7% | -8↓195.1% | 8 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00↓100.0% | 7 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 4↓24.7% | 5↑2.0% | 5↑20.7% | 4↓23.8% | 5 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 4↓24.7% | 5↑2.0% | 5↑20.7% | 4↓23.8% | 5 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 4↓69.5% | 12↑151.9% | 5↑20.7% | 4↓23.8% | 5 | |
| Total Costs & Expenses | 12↓0.0% | 12↓18.1% | 15↑19.5% | 13↓2.9% | 13 | |
| Operating Results | ||||||
| Operating Income | -10↓797.9% | -1↑93.6% | -18↓48.0% | -12↓485.3% | 3 | |
| Depreciation & Amortization | 0.06↑47.9% | 0.04↑43.4% | 0.03↑203.2% | 0.01↑2387.6% | 0.00 | |
| EBITDA | -10↓825.6% | -1↑93.8% | -18↓67.0% | -11↓2390.3% | -0.43 | |
| EBIT | -10↓797.9% | -1↑93.6% | -18↓67.1% | -11↓2390.3% | -0.43 | |
| Interest & Other Income | ||||||
| Net Interest Income | 0.74↓35.1% | 1↓16.1% | 1↑150.6% | 0.55↑502.3% | -0.14 | |
| Interest Income | 0.74↓35.1% | 1↓16.1% | 1↑138.7% | 0.57↑745.8% | 0.07 | |
| Interest Expense | 0.00 | 0.00 | 0.00↓100.0% | 0.03↓86.7% | 0.20 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00↑100.0% | -1↓138.8% | 4 | |
| Other Income / Expenses | 0.74↓36.1% | 1↓26.3% | 2↑16.0% | 1↑136.0% | -4 | |
| Income Before Tax | -10↓106679.3% | 0.01↑100.1% | -16↓52.0% | -11↓1596.3% | -0.63 | |
| Income Tax Expense | 0.00↓70.6% | 0.00↓9.8% | 0.00↑10.9% | 0.00↑240.5% | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -10↓115371.9% | 0.01↑100.1% | -16↓52.0% | -11↓1595.9% | -0.63 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -10↓115371.9% | 0.01↑100.1% | -16↓52.0% | -11↓1595.9% | -0.63 | |
| Bottom-Line Net Income | -10↓109129.7% | -0.01↑99.9% | -17↓46.3% | -11↓1685.1% | -0.63 | |
| EPS (Basic) | -1.77↓110725.0% | 0.00↑100.1% | -3.14↓46.0% | -2.15↓1031.6% | -0.19 | |
| EPS (Diluted) | -1.69↓105525.0% | -0.00↑99.9% | -3.14↓53.2% | -2.05↓1608.3% | -0.12 | |
| Weighted Average Shares | 5↑2.1% | 5↑1.3% | 5↑5.5% | 5↑51.2% | 3 | |
| Weighted Average Diluted Shares | 6↑5.3% | 5↑2.9% | 5↑0.3% | 5↑2.0% | 5 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.