$SLN Income Statement | Understand Stock

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$SLN

$13.67 -$0.92 (6.31%)

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$SLN Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Financial Statements

Income Statement Balance Sheet Cashflow Statement

Income Statement

Concept	2025	2024	2023	2022
Revenue	$559.0K -98.71% YoY	$43.26M 36.71% YoY	$31.64M 46.12% YoY	$21.66M N/A
Cost Of Revenue	$215.0K -98.18% YoY	$11.81M -8.21% YoY	$12.87M -4.43% YoY	$13.46M N/A
Gross Profit	$344.0K -98.91% YoY	$31.45M 67.49% YoY	$18.78M 129.2% YoY	$8.192M 65.19% YoY
Selling, General & Admin	N/A	N/A	N/A	N/A
Research & Development	$67.75M -0.19% YoY	$67.88M 19.22% YoY	$56.94M 30.74% YoY	$43.55M 41.56% YoY
Depreciation & Amortization	$300.0K 0.0% YoY	$300.0K -25.0% YoY	$400.0K 0.0% YoY	$400.0K N/A
Operating Expenses	$67.75M -0.19% YoY	$67.88M 19.22% YoY	$56.94M 30.74% YoY	$43.55M 41.56% YoY
Operating Profit	-$91.08M 43.84% YoY	-$63.32M -1.65% YoY	-$64.38M 5.48% YoY	-$61.04M 136.53% YoY
Interest Expense	N/A	N/A	N/A	N/A
Other Income/Expense, Net	$3.480M -22.18% YoY	$4.472M 148.03% YoY	$1.803M 543.93% YoY	$280.0K N/A
Pretax Income	-$88.60M 99.26% YoY	-$44.46M -16.53% YoY	-$53.27M 7.3% YoY	-$49.65M N/A
Income Tax	$11.00K -98.7% YoY	$845.0K -11.61% YoY	$956.0K 38.95% YoY	$688.0K N/A
Net Earnings	-$88.61M 95.57% YoY	-$45.31M -16.45% YoY	-$54.23M 7.74% YoY	-$50.33M 27.72% YoY
Basic Earnings Per Share	-$0.63 90.91% YoY	-$0.33 -32.65% YoY	-$0.49 -5.77% YoY	-$0.52 N/A
Diluted Earnings Per Share	-$0.63 90.91% YoY	-$0.33 -32.65% YoY	-$0.49 -5.77% YoY	-$0.52 N/A
COMMON SHARES	N/A	N/A	N/A	N/A
Basic Shares Outstanding	141.7M 2.12% YoY	138.8M 24.69% YoY	111.3M 15.21% YoY	96.58M N/A
Diluted Shares Outstanding	141.7M 2.12% YoY	138.8M 24.69% YoY	111.3M 15.21% YoY	96.58M N/A

Concept	2026 Q2	2026 Q1	2025 Q4	2025 Q3	2025 Q2	2025 Q1	2024 Q4	2024 Q3	2024 Q2	2024 Q1	2023 Q4	2023 Q3	2023 Q2	2023 Q1	2022 Q4	2022 Q3
Revenue	$0.00 -100.0% YoY	$422.0K 197.18% YoY	$34.00K -99.92% YoY	$159.0K -89.39% YoY	$224.0K -70.37% YoY	$142.0K -99.1% YoY	$43.26M 1960.89% YoY	$1.498M -46.46% YoY	$756.0K -91.7% YoY	$15.70M 38.03% YoY	$2.099M -55.95% YoY	$2.798M -17.0% YoY	$9.104M N/A	$11.37M N/A	$4.765M N/A	$3.371M N/A
Cost Of Revenue	$0.00 -100.0% YoY	$11.00K -79.63% YoY	$12.00K -99.9% YoY	$64.00K -98.24% YoY	$85.00K -97.45% YoY	$54.00K -98.07% YoY	$11.81M 777.41% YoY	$3.639M 126.45% YoY	$3.333M 17.73% YoY	$2.800M -38.24% YoY	$1.346M -65.12% YoY	$1.607M -32.87% YoY	$2.831M N/A	$4.534M N/A	$3.859M N/A	$2.394M N/A
Gross Profit	$0.00 -100.0% YoY	$411.0K 367.05% YoY	$22.00K -99.93% YoY	$95.00K -104.44% YoY	$139.0K -105.39% YoY	$88.00K -99.32% YoY	$31.45M 4076.36% YoY	-$2.141M -279.76% YoY	-$2.577M -141.08% YoY	$12.90M 88.58% YoY	$753.0K -16.89% YoY	$1.191M 21.9% YoY	$6.273M N/A	$6.840M N/A	$906.0K N/A	$977.0K N/A
Selling, General & Admin	$4.717M -8.07% YoY	$7.026M -8.52% YoY	$3.734M -86.11% YoY	$5.795M 3.48% YoY	$5.131M -2.97% YoY	$7.680M 48.55% YoY	$26.88M 553.32% YoY	$5.600M 12.99% YoY	$5.288M 3.38% YoY	$5.170M -19.84% YoY	$4.115M 18.66% YoY	$4.956M -14.95% YoY	$5.115M N/A	$6.450M N/A	$3.468M N/A	$5.827M N/A
Research & Development	$9.148M -48.16% YoY	$9.122M -56.17% YoY	$8.749M -87.11% YoY	$20.54M 1.91% YoY	$17.65M 27.86% YoY	$20.81M 75.71% YoY	$67.88M 583.13% YoY	$20.16M 125.64% YoY	$13.80M 9.41% YoY	$11.85M -5.53% YoY	$9.937M 18.31% YoY	$8.934M 1.86% YoY	$12.62M N/A	$12.54M N/A	$8.399M N/A	$8.771M N/A
Depreciation & Amortization	N/A	$72.00K -1.37% YoY	N/A	N/A	N/A	$73.00K -17.05% YoY	N/A	N/A	N/A	$88.00K N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Expenses	$9.148M -48.16% YoY	$9.122M -56.17% YoY	$12.48M -86.83% YoY	$20.54M 1.91% YoY	$17.65M 27.86% YoY	$20.81M 75.71% YoY	$94.77M 574.4% YoY	$20.16M 45.13% YoY	$13.80M -22.15% YoY	$11.85M -37.62% YoY	$14.05M 18.41% YoY	$13.89M -4.85% YoY	$17.73M N/A	$18.99M N/A	$11.87M N/A	$14.60M N/A
Operating Profit	-$13.87M -42.14% YoY	-$15.74M -44.61% YoY	-$12.46M -80.32% YoY	-$26.24M -12.51% YoY	-$23.96M 2.46% YoY	-$28.41M 409.03% YoY	-$63.32M 376.12% YoY	-$30.00M 136.22% YoY	-$23.39M 104.14% YoY	-$5.581M -54.06% YoY	-$13.30M 21.33% YoY	-$12.70M -6.77% YoY	-$11.46M N/A	-$12.15M N/A	-$10.96M N/A	-$13.62M N/A
Interest Expense	$151.0K -102.28% YoY	-$482.0K -87.21% YoY	-$19.00K -101.41% YoY	$1.934M -125.38% YoY	-$6.613M -849.77% YoY	-$3.769M -576.49% YoY	$1.350M -180.98% YoY	-$7.621M -473.95% YoY	$882.0K -259.49% YoY	$791.0K -250.95% YoY	-$1.667M -59.23% YoY	$2.038M -52.55% YoY	-$553.0K N/A	-$524.0K N/A	-$4.089M N/A	$4.295M N/A
Other Income/Expense, Net	$669.0K -22.3% YoY	$571.0K -41.07% YoY	$710.0K -95.94% YoY	$770.0K -45.47% YoY	$861.0K -36.27% YoY	$969.0K 45.28% YoY	$17.51M N/A	$1.412M N/A	$1.351M N/A	$667.0K N/A	N/A	N/A	N/A	N/A	N/A	N/A
Pretax Income	-$12.27M -55.14% YoY	-$14.96M -47.57% YoY	-$11.77M -73.53% YoY	-$20.96M -40.96% YoY	-$27.34M 40.03% YoY	-$28.53M 1279.59% YoY	-$44.46M 197.1% YoY	-$35.50M 232.94% YoY	-$19.53M 62.59% YoY	-$2.068M -83.68% YoY	-$14.97M -0.56% YoY	-$10.66M 14.31% YoY	-$12.01M N/A	-$12.67M N/A	-$15.05M N/A	-$9.326M N/A
Income Tax	$1.000K -90.0% YoY	$0.00 N/A	$0.00 -100.0% YoY	$1.000K -97.96% YoY	$10.00K -95.61% YoY	$0.00 -100.0% YoY	$845.0K -252.53% YoY	$49.00K -102.03% YoY	$228.0K -114.17% YoY	$244.0K -109.88% YoY	-$554.0K -56.95% YoY	-$2.411M 8.46% YoY	-$1.609M N/A	-$2.469M N/A	-$1.287M N/A	-$2.223M N/A
Net Earnings	-$12.27M -55.15% YoY	-$14.96M -47.57% YoY	-$11.77M -74.02% YoY	-$20.96M -41.04% YoY	-$27.35M 38.47% YoY	-$28.53M 1134.0% YoY	-$45.31M 214.38% YoY	-$35.54M 330.84% YoY	-$19.76M 89.93% YoY	-$2.312M -77.34% YoY	-$14.41M 4.72% YoY	-$8.250M 16.15% YoY	-$10.40M N/A	-$10.20M N/A	-$13.76M N/A	-$7.103M N/A
Basic Earnings Per Share	-$0.09 -52.63% YoY	-$0.11 -45.0% YoY	N/A	-$0.15 -40.0% YoY	-$0.19 35.71% YoY	-$0.20 900.0% YoY	N/A	-$0.25 N/A	-$0.14 N/A	-$0.02 N/A	N/A	N/A	N/A	N/A	N/A	N/A
Diluted Earnings Per Share	-$0.09 -52.63% YoY	-$0.11 -45.0% YoY	-$0.08 -73.48% YoY	-$0.15 -40.0% YoY	-$0.19 35.71% YoY	-$0.20 900.0% YoY	-$0.33 162.04% YoY	-$0.25 244.17% YoY	-$0.14 41.67% YoY	-$0.02 -74.05% YoY	-$0.12 0.0% YoY	-$0.07 0.0% YoY	-$0.10 N/A	-$0.09 N/A	-$0.13 N/A	-$0.07 N/A
COMMON SHARES	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Basic Shares Outstanding	141.7M 0.01% YoY	141.7M 0.02% YoY	141.7M N/A	141.7M 0.36% YoY	141.7M 1.06% YoY	141.7M 7.43% YoY	N/A	141.2M N/A	140.2M N/A	131.9M N/A	118.8M 10.24% YoY	N/A	N/A	N/A	107.8M N/A	N/A
Diluted Shares Outstanding	141.7M 0.01% YoY	141.7M 0.02% YoY	N/A	141.7M 0.36% YoY	141.7M 1.06% YoY	141.7M 7.43% YoY	N/A	141.2M N/A	140.2M N/A	131.9M N/A	N/A	N/A	N/A	N/A	N/A	N/A

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