Digital turbine, inc. (APPS)
Income statement / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10
Net revenues

36,016

32,795

-

-

30,411

23,854

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenues

-

-

30,553

27,192

-

-

22,112

20,961

22,732

15,905

15,153

-28,949

22,285

22,832

24,039

-41,258

24,089

20,734

18,686

10,230

7,006

5,462

5,554

6,053

6,809

6,759

4,783

-396

2,049

912

1,290

1,442

1,957

1,938

1,893

2,203

2,048

2,077

2,858

Cost of revenues
License fees and revenue share

21,576

20,146

18,275

15,768

19,195

15,802

15,216

13,623

14,887

9,865

9,592

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

License fees and revenue share

-

-

-

-

-

-

-

-

-

-

-

-

17,039

17,797

19,224

-35,575

18,569

16,099

14,221

8,389

4,609

3,316

3,796

3,735

4,421

3,919

2,714

-824

190

299

614

758

733

660

492

169

1,172

988

586

Other direct costs of revenues

-

344

278

470

-

508

507

-

437

430

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other direct cost of revenues

-

-

-

-

-

-

-

-

-

-

409

-

1,878

1,882

1,880

-

1,704

4,558

2,191

-

414

345

344

-

455

456

-

-

-

-

-

-

-

-

-

-

-

-

-

Other direct costs of revenues

400

-

-

-

538

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

403

544

737

77

58

57

57

58

58

36

86

97

76

Total cost of revenues

21,976

20,490

18,553

16,238

19,733

16,310

15,723

14,076

15,324

10,295

10,001

-30,751

18,917

19,679

21,104

-36,551

20,273

20,657

16,412

9,296

5,023

3,661

4,140

4,190

4,876

4,375

3,117

-280

927

376

672

815

790

718

550

205

1,258

1,085

662

Gross profit

14,040

12,305

12,000

10,954

10,678

7,544

6,389

6,885

7,408

5,610

5,152

1,802

3,368

3,153

2,935

-4,707

3,816

77

2,274

934

1,983

1,801

1,414

1,863

1,933

2,384

1,666

-116

1,122

536

618

627

1,167

1,220

1,343

1,998

790

992

2,196

Operating expenses
Product development

2,783

2,735

2,794

2,702

2,428

2,637

3,109

2,118

3,120

2,241

2,174

218

3,113

3,117

2,835

-3,015

2,738

2,406

2,754

2,073

1,718

2,155

1,959

1,835

2,039

2,407

1,588

14

577

365

366

576

430

484

664

465

929

1,060

1,074

Sales and marketing

2,815

2,441

2,278

2,501

1,962

1,913

1,836

2,043

1,623

1,284

1,137

-475

1,683

1,528

1,444

-1,518

1,676

1,468

1,282

944

485

743

761

534

472

536

373

21

329

215

103

212

204

222

235

496

597

453

596

General and administrative

4,310

4,014

3,888

3,817

3,832

2,679

2,704

4,063

4,152

3,551

3,358

864

3,982

4,815

5,105

1,800

4,667

4,347

5,389

6,938

5,171

3,548

3,374

3,381

3,110

3,293

3,802

1,812

3,795

3,191

2,401

4,250

6,648

1,200

915

1,432

1,318

1,120

1,828

Amortization of intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

18

19

17

Impairment of goodwill and intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,028

-

-

Total operating expenses

9,908

9,190

8,960

9,020

8,222

7,229

7,649

8,224

8,895

7,076

6,669

607

8,778

9,460

9,384

-2,733

9,081

8,221

9,425

9,955

7,374

6,446

6,094

5,750

5,621

6,236

5,763

1,847

4,701

3,771

2,870

10,326

7,282

1,906

1,814

2,393

8,890

2,652

3,515

Income from operations

4,132

3,115

3,040

1,934

2,456

315

-1,260

-1,339

-1,487

-1,466

-1,517

1,195

-5,410

-6,307

-6,449

-1,974

-5,265

-8,144

-7,151

-9,021

-5,391

-4,645

-4,680

-3,887

-3,688

-3,852

-4,097

-1,963

-3,579

-3,235

-2,252

-9,699

-6,115

-686

-471

-395

-8,100

-1,660

-1,319

Interest and other income / (expense), net
Interest income / (expense)

-

-

-

-

-

-

-

-

-

-

707

-

725

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest Income (Expense), Net

-

-

-

-472

-

-

-

-

-

-

-

-

-

-622

-682

-349

-471

-405

-491

-111

5

-131

3

231

-4

-194

-1,440

345

-536

-494

-459

-10,060

-1,693

-377

-367

-

-

-

-

Interest income / (expense), net

59

41

-

-

-194

-135

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-360

-

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

Interest Expense

-

-

0

-

-

-

319

-

446

662

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

358

-

680

Foreign exchange transaction gain / (loss)

0

-

-1

-4

-2

-

8

-87

49

-47

-63

-13

-9

-1

-3

-4

-8

-13

1

-2

41

-1

-6

-28

5

27

29

62

-18

-26

-7

-40

-71

-31

48

45

42

-13

-157

Change in fair value of convertible note embedded derivative liability

0

0

0

-2,104

-1,476

952

1,620

-1,249

-1,658

-3,344

-1,308

-1,948

2,853

-430

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of warrant liability

870

4,505

5,226

-5,720

1,651

-926

-1,570

682

898

1,164

464

650

-937

140

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-

0

-293

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of warrant derivative liabilities loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-811

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain / (loss) on change on valuation of long term contingent liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

44

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of debt

0

-

-

-406

-10

-

-

-

-285

-882

-

-

-

-

-

-

0

0

-

-

-

-

-10

-

-

-442

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain / (loss) on settlement of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

0

-

-

27

33

-

-

-4

-

-

71

1,082

247

-7

-

-

-

-

Loss on change in fair value of derivative liabilities loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-1

-21

-4,371

-49

-84

57

-

-

-

-

Gain / (loss) on disposal of fixed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-8

0

-23

0

0

0

2

-1

-1

4

-2

-

-

0

-

-

-

-

-

-

-

-

-

Gain on change in valuation of long-term contingent liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-603

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income / (expense)

-19

84

409

322

-43

-13

-127

1

-154

78

3

-90

68

15

18

-24

-8

11

17

59

-25

3

9

-

-

-

-

-

-

-

-

-

-

-

-

369

-30

-154

-187

Total interest and other income / (expense), net

-830

-4,380

-4,818

-8,384

-3,376

1,730

2,752

-2,887

-3,392

-6,021

-2,539

-3,297

3,124

-1,471

-667

-346

-495

-407

-496

-54

22

-129

-2

216

27

-780

-1,413

119

-602

-520

-487

-12,381

-731

-245

-269

-814

-346

-527

-1,023

Income / (loss) from continuing operations before income taxes

3,302

-1,265

-1,778

-6,450

-920

2,045

1,492

-4,226

-4,879

-7,487

-4,056

-2,102

-2,286

-7,778

-7,116

-2,320

-5,760

-8,551

-7,647

-9,075

-5,369

-4,774

-4,682

-3,671

-3,661

-4,632

-5,510

-1,844

-4,181

-3,755

-2,739

-22,080

-6,846

-931

-740

-1,209

-8,446

-2,187

-2,342

Income Tax Expense (Benefit)

-

-

-

-

-

-

-

-14

-84

-884

31

-303

300

-437

296

-

3

-

-

-

-

-

-

-

-

-

-

-

33

20

14

47

32

0

31

46

45

65

68

Income tax provision

41

72

-107

-

216

-23

-36

-

-

-

-

-

-

-

-

-

-

-229

472

-

115

427

-72

-277

7

85

-87

-

-

-

-

-

-

-

-

-

-

-

-

Income / (loss) from continuing operations, net of taxes

3,261

-1,337

-1,671

-6,762

-1,136

2,068

1,528

-4,212

-4,795

-6,603

-4,087

-

-

-

-

-

-

-

-

-

-

-

-

-3,394

-3,668

-4,717

-5,423

-

-

-

-

-

-

-

-

-1,255

-8,491

-2,252

-2,410

Income / (loss) from discontinued operations

65

-88

-

-

-212

-356

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income / (loss) from discontinued operations, net of taxes

65

-88

-148

-96

-212

-356

-1,044

-34,213

996

145

-88

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations, net of taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

100

0

0

709

Loss from operations of discontinued component

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-508

-1,505

-263

-

-

-

-

-

-

-

-

-100

0

0

4,315

Net loss from discontinued operations, net of taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

5,024

Net income / (loss)

3,326

-1,425

-1,819

-6,858

-1,348

1,712

484

-38,425

-3,799

-6,458

-4,175

-6,925

-2,586

-7,341

-7,412

-5,828

-5,763

-8,322

-8,119

-9,352

-5,484

-5,201

-4,610

-2,620

-4,176

-6,222

-5,686

-3,419

-4,214

-3,775

-2,753

-

-6,878

-931

-771

-1,255

-8,491

-2,252

2,614

Foreign currency translation adjustment

-44

-418

98

-28

-5

2

0

-

0

-5

-

-71

5

-80

27

-147

-65

111

-49

45

32

32

38

-307

-63

333

104

-

-

-

-

-

-

-

-

-

-

-

-

Foreign currency translation adjustment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

49

-34

31

4

46

-59

106

-

-

-

-

Comprehensive income / (loss)

3,282

-1,843

-1,721

-6,886

-1,353

1,714

484

-38,424

-3,799

-6,463

-4,175

-6,996

-2,581

-7,421

-7,385

-5,975

-5,828

-8,211

-8,168

-9,307

-5,452

-5,169

-4,572

-2,927

-4,239

-5,889

-5,582

-3,537

-4,165

-3,809

-2,722

-22,123

-6,832

-990

-665

-1,260

-8,495

-2,296

2,795

Earnings Per Share [Abstract]
Continuing operations (in dollars per share)

0.04

-0.02

-0.02

-0.09

-0.01

0.03

0.02

-0.05

-0.07

-0.10

-0.06

-

-

-

-

-

-

-

-

-

-

-

-

-0.03

-0.12

-0.19

-0.29

-

-

-

-

-

-

-

-

-0.03

-0.23

-0.06

-0.06

Discontinued operations (in dollars per share)

0.00

0.00

0.00

0.00

0.00

-0.01

-0.01

-0.48

0.01

0.00

0.00

-

-

-

-

-

-

-

-

-

-

-

-

0.03

-0.01

-0.06

-0.01

-

-

-

-

-

-

-

-

-0.01

0.01

0.00

0.13

Net income / (loss) (in dollars per share)

0.04

-0.02

-0.02

-0.10

-0.01

0.02

0.01

-0.53

-0.06

-0.10

-0.06

-0.10

-0.04

-0.11

-0.11

-0.09

-0.09

-0.14

-0.14

-0.23

-0.14

-0.14

-0.12

0.00

-0.13

-0.25

-0.30

-0.19

-0.24

-0.22

-0.16

-2.91

-0.16

-0.02

-0.02

-0.03

-0.23

-0.06

0.07

Weighted-average common shares outstanding, basic

85,876

83,909

81,814

-

77,645

77,193

76,204

-

72,148

66,846

66,599

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

0.04

-0.02

-0.02

-0.10

-0.01

0.02

0.01

-0.53

-0.06

-0.10

-0.06

-0.10

-0.04

-0.11

-0.11

-

-

-

-

-

-

-

-

-

-0.13

-0.25

-0.30

-0.19

-0.24

-0.22

-0.16

-2.91

-0.16

-0.02

-0.02

-0.03

-0.23

-0.06

0.07

Weighted average common shares outstanding, basic and diluted (in shares)

-

-

-

79,404

-

-

-

-

-

-

-

66,667

66,634

66,457

66,286

66,411

65,979

57,274

57,388

43,141

37,799

37,504

37,424

34,490

31,329

25,232

18,861

18,379

17,797

17,447

16,901

-85,880

41,966

41,771

41,679

-

-

-

-

Weighted average common shares outstanding, basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

39,150

36,174

35,957

39,375

Weighted-average common shares outstanding, diluted

92,472

83,909

81,814

-

77,645

78,780

79,598

-

75,442

66,846

66,599

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-