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Service
$8,242,952
Product
$13,564,131
Total net sales
$21,807,083
Gross profit
$11,884,270
Total cost of sales
$9,922,813
Other income
$64,100
Interest income
$4,118
Operating income
$6,292,406
Total operating
expenses
$5,591,864
Service
$3,289,440
Product
$6,633,373
Income before income
taxes
$5,864,553
Interest expense
$496,071
Selling, general and
administrative
$4,264,249
Research and development
$1,327,615
Net income
$4,059,063
Income tax expense
$1,805,490
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Income Statement
source: myfinsight.com
INNOVATIVE SOLUTIONS & SUPPORT INC (ISSC)
INNOVATIVE SOLUTIONS & SUPPORT INC (ISSC)