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Income Statement
Balance Sheet
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IO Income Statement

Click line-items for a historical chart and %
Condensed Consolidated Statements of Operations [Abstract]
Product revenues 12.71M
Service revenues 65.91M
Total net revenues 78.62M
Cost of products 6.16M
Cost of services 40.69M
Gross profit 31.77M
Operating expenses:
Research, development and engineering 4.23M
Marketing and sales 4.68M
General and administrative 10.99M
Total operating expenses 19.9M
Income (loss) from operations 11.86M
Interest expense, net
Loss on disposition of land division
Fair value adjustment of warrant
Equity in losses of INOVA Geophysical
Other income (expense)
Income (loss) before income taxes 5.23M
Income tax expense 3.32M
Net income (loss) 1.91M
Net income attributable to noncontrolling interest -215K
Net income (loss) attributable to ION 1.7M
Preferred stock dividends
Net income (loss) applicable to common shares
Net income (loss) per share:
Basic 0.14
Diluted 0.14
Weighted average number of common shares outstanding:
Basic 11.79M
Diluted 11.91M