Nanophase reports record Q2 revenue of $7.1M; Solésence beauty science revenue up 210% YoY to $8.8M in H1

SOLESENCE, INC.

2021-Q2 EPS reported $0.03 revenue$14,186,000

Record Q2 revenue $7.1M vs $4.3M in Q2 2020 (YoY +65%).
H1 2021 revenue $14.2M (+69% YoY); net income $1.4M compared to $0.4M.
Solésence beauty science H1 revenue $8.8M, up 210% from $2.8M, exceeding full-year 2020.
PPP loan $1.0M forgiven by SBA; non-cash interest $0.9M from conversion of related party loan.
Cash at quarter end $1.1M; purchase orders >$20M, half expected to ship in H2 2021.

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