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Income Statement
NVE CORP NEW (NVEC)
source: myfinsight.com
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Contract research and
development
$196,074
Product sales
$5,908,570
Total revenue, net
$6,104,644
Gross profit
$4,922,121
Cost of sales
$1,182,523
Interest income
$498,208
Income from operations
$3,783,250
Other income
$811
Total expenses
$1,138,871
Income before taxes
$4,282,269
Selling, general, and
administrative
$418,640
Research and development
$720,231
Net income
$3,575,818
Provision for income taxes
$706,451
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