IRIDEX Corporation (IRIX) Financial Statements

Income statement

Metric	TTM	2026	2024	2023	2022
Revenue
Total Revenue	51.6M	52.7M	48.7M	51.9M	57.0M
Cost of Revenue	32.9M	33.4M	29.2M	30.1M	31.6M
Gross Profit	18.7M	19.3M	19.5M	21.8M	25.4M
Operating Expenses
R&D Expense	3.8M	3.7M	5.4M	6.8M	7.2M
SG&A Expense	17.5M	18.1M	22.4M	25.0M	25.7M
General & Admin Expense	7.1M	7.7M	9.8M	8.7M	7.6M
Selling & Marketing Expense	10.5M	10.4M	12.6M	16.2M	18.2M
Other Expenses	158.0K	79.0K	—	—	—
Total Operating Expenses	21.5M	21.9M	27.8M	31.8M	32.9M
Cost and Expenses	54.4M	55.2M	57.0M	61.9M	64.5M
Operating Income (EBIT)	(2.8M)	(2.6M)	(8.3M)	(10.0M)	(7.5M)
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	—	—	—	—	—
Net Interest Income	—	—	—	—	—
Other Non-Op Income/Expense	(616.0K)	(1.8M)	(540.0K)	527.0K	60.0K
Non-Operating Income (excl Interest)	449.0K	1.8M	540.0K	(527.0K)	(60.0K)
EBT (Pre-Tax Income)	(3.4M)	(4.4M)	(8.8M)	(9.5M)	(7.5M)
Income Tax Expense	152.0K	57.0K	68.0K	90.0K	65.0K
Bottom Line
Net Income	(3.5M)	(4.4M)	(8.9M)	(9.6M)	(7.5M)
Earnings from Cont. Ops	(3.5M)	(4.4M)	(8.9M)	(9.6M)	(7.5M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(3.5M)	(4.4M)	(8.9M)	(9.6M)	(7.5M)
Per Share
Basic EPS	($0.20)	($0.26)	($0.54)	($0.59)	($0.47)
Diluted EPS	($0.20)	($0.26)	($0.54)	($0.59)	($0.47)
Revenue Per Share	$2.97	$3.06	$2.96	$3.22	$3.57
Shares
Basic Shares Outstanding	17.4M	17.2M	16.4M	16.1M	15.9M
Diluted Shares Outstanding	17.4M	17.2M	16.4M	16.1M	15.9M
Profitability Metrics
EBITDA	(1.7M)	(2.8M)	(7.4M)	(7.4M)	(6.1M)
D&A	1.5M	1.5M	1.4M	2.0M	1.4M
EBIT	(3.2M)	(4.4M)	(8.8M)	(9.5M)	(7.5M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jul 1, 2026