For the quarter ending 2026-03-31, BFRI made $10,084,000 in revenue. -$4,752,000 in net income. Net profit margin of -47.12%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Product revenues, net | 10,084,000 | 17,099,000 | 6,988,000 | 9,030,000 |
| Cost of revenues-Related Party | 1,831,000 | 3,658,000* | 1,922,000 | 2,380,000 |
| Cost of revenues-Nonrelated Party | 285,000 | 275,500* | 123,000 | 262,000 |
| Selling, general and administrative | 10,994,000 | 7,441,000* | 10,047,000 | 10,528,000 |
| Selling, general and administrative, related party | 2,000 | 35,500* | 320,000 | 69,000 |
| Patent remediation expense | 392,000 | - | - | - |
| Research and development | 900,000 | 1,133,000* | 854,000 | 870,000 |
| Loss on debt extinguishment | - | - | - | 0 |
| Total operating expenses | 14,404,000 | 12,543,000 | 13,266,000 | 14,109,000 |
| Change in fair value of investment, related party | - | -1,000 | 1,000 | 2,000 |
| Gain from operations | -4,320,000 | 4,556,000 | -6,278,000 | -5,079,000 |
| Change in fair value of warrant liabilities | 219,000 | -483,000 | 285,000 | -153,000 |
| Interest expense, net | -125,000 | -120,000 | -111,000 | -115,000 |
| Other expense, net | -88,000 | 721,000 | 30,000 | -264,000 |
| Total other income (expense) | -432,000 | 1,083,000 | -365,000 | -224,000 |
| Gain before income taxes | -4,752,000 | 5,639,000 | -6,643,000 | -5,303,000 |
| Federal statutory income tax rate | - | -551,750* | - | - |
| State and local income taxes, net of federal income tax effect | - | 6,250* | - | - |
| Other foreign jurisdictions | - | 2,000* | - | - |
| True-up | - | 4,500* | - | - |
| Changes in valuation allowances | - | 575,250* | - | - |
| Non-deductible expenses | - | 10,000* | - | - |
| Warrant revaluation | - | -47,250* | - | - |
| Income tax expense | - | -1,000 | 6,000 | 21,000 |
| Net gain | -4,752,000 | 5,640,000 | -6,649,000 | -5,324,000 |
| Basic EPS | -0.41 | 0.483 | -0.62 | -0.57 |
| Diluted EPS | -0.41 | 0.483 | -0.62 | -0.57 |
| Basic Average Shares | 11,683,323 | 11,685,456 | 10,776,739 | 9,351,557 |
| Diluted Average Shares | 11,683,323 | 11,685,456 | 10,776,739 | 9,351,557 |
Biofrontera Inc. (BFRI)
Biofrontera Inc. (BFRI)