TELOS CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $134.9m $107.7m $138.0m $159.2m $179.9m $242.4m $216.9m $145.4m $108.3m $164.8m
Cost of Revenue $91.4m $67.2m $85.0m $106.9m $117.5m $156.4m $137.8m $92.4m $73.8m $103.8m
Gross Profit (derived) $43.4m $40.6m $53.1m $52.3m $62.4m $86.0m $79.0m $52.9m $34.4m $61.0m
Operating Expenses $90.3m $100.9m
Operating Income (Loss) $2.1m $414k $9.0m $5.0m $297k ($41.5m) ($53.9m) ($40.3m) ($55.9m) ($39.9m)
Additional Financial Items
Amortization of Intangible Assets $1.1m $1.9m
Capitalized Computer Software, Amortization $200k $1.1m $1.8m $1.7m $700k
Goodwill, Impairment Loss $3.5m $2.3m $3.4m $4.3m $5.2m $0 $0 $0 $0 $14.9m
Income (Loss) from Continuing Operations before Income Taxes, Domestic $3.3m $6.3m $1.8m $2.2m $6.8m $43.2m $53.4m $34.4m $52.5m ($37.3m)
Other Income $18k $11k $12k $201k ($255k) ($921k) $1.4m $1.4m $0 $3.2m
Realized Investment Gains (Losses) $800k
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest ($3.3m) ($6.3m) $1.8m ($2.2m) $6.8m ($43.2m) ($53.4m) ($34.4m) ($52.5m) ($37.2m)
Net Income (Loss) Attributable to Parent ($7.2m) ($5.8m) ($1.6m) ($6.4m) $1.7m ($43.1m) ($53.4m) ($34.4m) ($52.5m) ($36.5m)
Net Income (Loss) Attributable to Noncontrolling Interest $3.5m $2.3m $3.4m $4.3m $5.2m $0 $0 $0 $0 $14.9m
Earnings Per Share, Basic ($0.04) ($0.17) $0.04 ($0.65) ($0.79) ($0.50) ($0.73) ($0.50)
Earnings Per Share, Diluted ($0.04) ($0.17) $0.04 ($0.65) ($0.79) ($0.50) ($0.73) ($0.50)
Weighted Average Number of Shares Outstanding, Basic 41.6m 66.4m 67.6m 69.3m 71.8m 72.9m
Weighted Average Number of Shares Outstanding, Diluted 42.9m 66.4m 67.6m 69.3m 71.8m 72.9m
Other income (expense):
Research and Development Expense $14.2m $19.1m $16.9m $12.2m $8.4m $7.1m
Selling and Marketing Expense $6.2m $19.7m $16.6m $7.1m
General and Administrative Expense $41.7m $88.7m $99.4m $73.9m $75.5m $78.9m
Selling, General and Administrative Expense $41.3m $40.2m $44.0m $47.3m $62.1m $127.5m $132.9m $93.3m $75.5m $78.9m
Other Nonoperating Income (Expense) $1.4m $6.7m $4.0m $3.2m
Interest Expense (non-operating) $644k $553k
Cost, Depreciation and Amortization $3.5m $6.4m $8.2m
Current Income Tax Expense (Benefit) $142k ($57k) ($46k) $93k ($77k) ($98k) $19k ($19k) $26k $97k
Interest Expense $5.5m $6.7m $7.3m $7.5m $7.3m $777k $874k $786k $644k $553k
Operating Lease, Expense $800k
Income Tax Expense (Benefit) $334k ($2.8m) $31k ($104k) ($46k) ($28k) $54k $36k $26k ($663k)
Nonoperating Income (Expense) $18k $11k $12k $201k ($255k) ($921k) $1.4m $1.4m $0 $3.2m