Name | Value |
---|---|
Revenues | 5,537.0K |
Cost of Revenue | 3,478.0K |
Gross Profit | 2,059.0K |
Operating Expense | 2,476.0K |
Operating I/L | -417.0K |
Other Income/Expense | -505.0K |
Interest Income | 5.0K |
Pretax | -922.0K |
Income Tax Expense | -196.0K |
Net Income/Loss | -726.0K |
Psychemedics Corporation provides drug testing services using hair sample analysis for the detection of various drugs of abuse, including cocaine, marijuana, amphetamines, opiates, synthetic cannabinoids, benzodiazepines, nicotine, and Fentanyl. The company's testing results offer quantitative information on drug ingestion and historical data to indicate patterns of individual drug use over time. Psychemedics serves employers for applicant and employee testing, treatment professionals, law enforcement agencies, school administrators, and concerned parents. The company generates revenue by offering its testing services to these clients, helping them ensure a drug-free environment and address drug abuse concerns.