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How NOCOPI TECHNOLOGIES, INC. 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$605100 · 100%Cost of revenue$680400 · 112%Gross profit$813400 · 134%Operating income−$601400 · −99%Income before tax−$154900 · −26%Income tax$0 · 0%Net income−$154900 · −26%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
$605100100%
  • 10-K · FY 2025Filing detailsAccession 0001079973-26-000403 · filed Mar 31, 2026
Cost of revenue$680400112%
  • 10-K · FY 2025Filing detailsAccession 0001079973-26-000403 · filed Mar 31, 2026
$813400134%
  • 10-K · FY 2025Filing detailsAccession 0001079973-26-000403 · filed Mar 31, 2026
−$601400−99%
  • 10-K · FY 2025Filing detailsAccession 0001079973-26-000403 · filed Mar 31, 2026
Income before tax−$154900−26%
  • 10-K · FY 2025Filing detailsAccession 0001079973-26-000403 · filed Mar 31, 2026
Income tax$00%
  • 10-K · FY 2025Filing detailsAccession 0001079973-26-000403 · filed Mar 31, 2026
−$154900−26%
  • 10-K · FY 2025Filing detailsAccession 0001079973-26-000403 · filed Mar 31, 2026
Source:
  • 10-K · FY 2025Filing detailsAccession 0001079973-26-000403 · filed Mar 31, 2026
· event Dec 31, 2025 · retrieved Oct 16, 2026 · annual-row source set
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