APPLIED OPTOELECTRONICS, INC. AAOI Income Statement

Applied optoelectronics, inc. (AAOI)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Sep'12
Revenue, net
40,467	48,658	46,084	43,411	52,719	58,018	56,386	87,822	65,239	79,855	88,879	117,371	96,224	84,900	70,137	55,254	50,422	52,952	57,085	49,632	30,234	36,391	36,549	32,650	24,859	23,744	20,766	19,597	14,317	16,416
Cost of goods sold
34,129	37,322	34,108	32,873	40,368	47,481	38,849	53,959	39,403	47,701	49,507	64,089	54,752	52,662	46,976	37,952	36,169	37,334	39,032	32,901	20,183	24,132	24,403	21,462	16,206	17,069	14,445	14,150	9,732	11,743
Gross profit
6,338	11,336	11,976	10,538	12,351	10,537	17,537	33,863	25,836	32,154	39,372	53,282	41,472	32,238	23,161	17,302	14,253	15,618	18,053	16,731	10,051	12,259	12,146	11,188	8,653	6,675	6,321	5,447	4,585	4,673
Operating expenses
Research and development
10,558	10,597	10,466	11,151	11,185	11,342	14,180	12,645	11,736	10,670	9,190	8,073	7,432	7,208	8,362	7,814	8,396	5,960	5,386	4,701	4,805	4,221	4,194	4,009	3,546	2,400	2,210	1,898	2,004	2,095
Sales and marketing
2,936	2,615	2,518	2,331	2,595	1,920	2,370	2,377	2,474	2,090	2,551	2,158	1,903	1,743	1,594	1,610	1,680	1,633	1,582	1,607	1,559	1,591	1,622	1,497	1,333	1,197	1,034	1,053	907	756
General and administrative
10,638	10,178	9,988	10,884	10,440	9,552	10,591	9,898	9,456	9,074	9,580	8,786	7,822	7,443	6,445	5,906	5,733	5,271	4,963	4,534	5,003	5,131	4,458	3,952	3,554	3,375	2,436	2,447	2,374	1,978
Total operating expenses
24,132	23,390	22,972	24,366	24,220	22,814	27,141	24,920	23,666	21,834	21,321	19,017	17,157	16,394	16,401	15,330	15,809	12,864	11,931	10,842	11,367	10,943	10,274	9,458	8,433	6,972	5,680	5,398	5,285	4,829
Loss from operations
-17,794	-12,054	-10,996	-13,828	-11,869	-12,277	-9,604	8,943	2,170	10,320	18,051	34,265	24,315	15,844	6,760	1,972	-1,556	2,754	6,122	5,889	-1,316	1,316	1,872	1,730	220	-297	641	49	-700	-156
Other income (expense)
Interest income
147	196	347	310	72	-	-	-	-	-	-	-	-	41	40	65	101	92	82	80	74	89	95	106	79	94	15	15	-20	-
Interest expense
1,455	1,402	1,517	1,490	996	-	-	-	-	-	-	-	-	404	462	450	401	242	351	300	125	49	55	60	162	812	323	296	-306	350
Other income, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-15	66	-932	334	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income (expense), net
256	3,372	276	-1,653	-155	-	-	-	-	-901	-541	-111	-872	-378	-356	-1,317	34	-781	-2,747	555	692	-802	-55	228	-27	-94	58	-50	8	125
Unrealized foreign exchange loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-203	-	-	-	-	-	-	-
Total other income (expense), net
-1,052	-1,109	276	-729	-1,079	71	578	1,387	-1,046	-	-	-	-	-	-	-	-	-	-3,016	335	641	-	-218	274	-110	1,386	-250	-331	294	225
Loss before income taxes
-18,846	-13,163	-10,720	-14,557	-12,948	-12,206	-9,026	10,330	1,124	9,419	17,510	34,154	23,443	15,466	6,404	655	-1,522	2,513	3,106	6,224	-675	714	1,654	2,004	110	-521	391	-282	-994	-381
Income tax benefit
-2,049	22,267	-1,940	-3,191	-2,474	-3,638	-5,294	2,296	-996	3,703	-1,865	5,083	3,654	1,241	-11,332	52	-192	-166	406	135	0	12	77	85	25	0	0	0	0	0
Net income (loss)
-16,797	-35,430	-8,780	-11,366	-10,474	-8,568	-3,732	8,034	2,120	5,716	19,375	29,071	19,789	14,225	17,736	603	-1,330	2,679	2,700	6,089	-675	702	1,577	1,919	85	-521	391	-282	-994	-381
Net loss per share
Basic (in dollars per share)
-0.83	-1.76	-0.44	-0.57	-0.53	-0.43	-0.19	0.41	0.11	0.29	1.00	1.52	1.06	0.83	1.03	0.04	-0.08	0.16	0.17	0.41	-0.05	0.05	0.11	0.13	0.01	4.60	0.04	-1.04	-3.74	-1.43
Diluted (in dollars per share)
-0.83	-1.76	-0.44	-0.57	-0.53	-0.43	-0.19	0.40	0.11	0.28	0.95	1.43	1.00	0.84	0.97	0.03	-0.08	0.16	0.16	0.38	-0.05	0.05	0.10	0.12	0.01	4.60	0.04	-1.04	-3.74	-1.43
Weighted average shares used to compute net loss per share:
Basic (in shares)
20,208	20,108	20,024	19,933	19,863	-	-	-	-	-	-	-	-	17,634	17,151	17,090	16,930	16,857	15,868	14,936	14,844	14,846	14,805	14,785	12,792	30,327	8,995	270	265	266
Diluted (in shares)
20,208	20,108	20,024	19,933	19,863	-	-	-	-	-	-	-	-	18,106	18,360	17,454	16,930	18,721	16,693	15,871	14,844	15,724	15,594	15,641	13,787	30,168	9,154	270	265	266