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How INTERNATIONAL STEM CELL CORPORATION makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$9.1M · 100%Cost of revenue$4M · 44%Gross profit$5.1M · 56%Operating income−$267000 · −3%Income before tax−$418000 · −5%Income tax$0 · 0%Net income−$418000 · −5%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$9.1M100%
Cost of revenue$4M44%
$5.1M56%
−$267000−3%
Income before tax−$418000−5%
Income tax$00%
−$418000−5%
Source: · event Dec 31, 2025 · retrieved Sep 19, 2026 · annual-row source set
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