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Sorrento Therapeutics, Inc.$4.30($.15)(3.37%)

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Income Statement for Sorrento Therapeutics, Inc.
(Amounts are in millions) 12/2017 12/2016 12/2015
Net Sales or Revenues $151.86 $8.15 $4.59
Cost of Goods Sold $3.95 $0.81 $1.95
Gross Profit $147.91 $7.34 $2.64
       
Research & Development Expense $81.63 $87.18 $55.36
Selling, General, & Admin. Expense $38.33 $16.10 $20.13
Income Before Depreciation $27.95 ($95.93) ($72.85)
       
Depreciation, Depletion, Amortization $2.61 $0.85 $1.16
Non-Operating Income ($45.28) $33.55 $61.90
Interest Expense $4.98 $1.61 $1.65
Pretax Income ($24.93) ($64.83) ($13.76)
       
Provision for Income Taxes ($36.04) ($0.90) $36.31
Minority Interest $1.98 ($3.01) ($4.26)
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $11.11 ($63.94) ($50.07)
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $9.13 ($60.92) ($45.81)
       
Basic Earnings Per Share $0.13 ($1.21) ($1.24)
Diluted Earnings Per Share $0.13 ($1.21) ($1.24)
       
Weighted Average Basic Shares Outstanding 69.74 50.36 36.91
Weighted Average Diluted Shares Outstanding 70.38 50.36 36.91
       
Income Before Non-Recurring Items $9.13 ($57.33) ($75.20)
Income From Non-Recurring Items $0.00 ($3.60) $29.38
Diluted Earnings Per Share before extras $0.13 ($1.14) ($2.03)
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $0.00 $0.00 $0.00
Dividend Per Share (common) $0.00 $0.00 $0.00




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