Company Analysis

HCW Biologics Inc. (HCWB)

Nasdaq: HCWB · Pharmaceutical Preparations · Miramar, FL · filing with the SEC since 2020
Grade2.3
◀ Past 1.8● Present 2.6▶ Future 2.4
1 est.

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020
Report filedMar 31, 2026Mar 28, 2025Apr 1, 2024Mar 28, 2023Mar 29, 2022·
Revenue54,2322,566,7922,841,7946,722,09004,099,750
Cost of revenue43,3861,607,3892,281,4344,135,7120·
Gross profit10,846959,403560,3602,586,3780·
Research and development5,442,8846,388,9947,676,3169,338,3658,173,6247,255,227
General and administrative7,701,2816,816,449r6,779,515r8,326,7915,194,2102,669,048
Total operating expenses13,173,35630,415,923r26,277,52017,665,15613,367,8349,924,275
Operating income-13,162,510-29,456,520r-25,717,160-15,078,778-13,367,834-5,824,525
Interest expense845,051654,284r283,042126,6600·
Total non-operating income (expense)0-1,300,000····
Income before income taxes-7,959,709-30,023,814-24,994,277-14,900,703-12,862,468-5,802,201
Income tax expense000000
Net income-7,959,709-30,023,814-24,994,277-14,900,703-12,862,468-5,802,201
Net income to common shareholders-22,298,702-30,023,814··-12,862,468-7,073,876
Earnings per share, basic-10.63-30.96r-28.00b-16.80b-27.60b·
Earnings per share, diluted-10.63-30.96r-28.00b-16.80b-27.60b·
Earnings per share, basic and diluted····-27.60b-59.60b
Weighted average shares, basic2,097,701969,825r898,236b895,556b469,273b·
Weighted average shares, diluted2,097,701969,825r898,236b895,556b469,273b·
Weighted average shares, basic and diluted····469,273b118,482b
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 1-for-40 reverse split.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerIncludingAssessedTax
us-gaap:Revenues
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted
SI Assistanton HCWB · research, not advice