DIGITAL TURBINE, INC. APPS Income Statement

Digital turbine, inc. (APPS)

Income statement / TTM

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	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10
Net revenues
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenues
-	-	112,010	103,569	-	-	81,710	74,751	24,841	24,394	31,321	40,207	27,898	29,702	27,604	22,251	73,739	56,656	41,384	28,252	24,075	23,878	25,175	24,404	17,955	13,195	7,348	3,855	5,693	5,601	6,627	7,230	7,991	8,082	8,221	9,186	0	0	0
Cost of revenues
License fees and revenue share
75,765	73,384	69,040	65,981	63,836	59,528	53,591	47,967	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
License fees and revenue share
-	-	-	-	-	-	-	-	-	-	-	-	18,485	20,015	18,317	13,314	57,278	43,318	30,535	20,110	15,456	15,268	15,871	14,789	10,230	5,999	2,379	279	1,861	2,404	2,765	2,643	2,054	2,493	2,821	2,915	0	0	0
Other direct costs of revenues
-	1,630	1,794	2,023	-	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other direct cost of revenues
-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	0	0	0	-	1,558	1,600	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Other direct costs of revenues
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,761	1,416	929	249	230	230	209	238	277	295	0	0	0
Total cost of revenues
77,257	75,014	70,834	68,004	65,842	61,433	55,418	49,696	4,869	8,462	17,846	28,949	23,149	24,505	25,483	20,791	66,638	51,388	34,392	22,120	17,014	16,867	17,581	16,558	12,088	8,139	4,140	1,695	2,790	2,653	2,995	2,873	2,263	2,731	3,098	3,210	0	0	0
Gross profit
49,299	45,937	41,176	35,565	31,496	28,226	26,292	25,055	19,972	15,932	13,475	11,258	4,749	5,197	2,121	1,460	7,101	5,268	6,992	6,132	7,061	7,011	7,594	7,846	5,867	5,056	3,208	2,160	2,903	2,948	3,632	4,357	5,728	5,351	5,123	5,976	0	0	0
Operating expenses
Product development
11,014	10,659	10,561	10,876	10,292	10,984	10,588	9,653	7,753	7,746	8,622	9,283	6,050	5,675	4,964	4,883	9,971	8,951	8,700	7,905	7,667	7,988	8,240	7,869	6,048	4,586	2,544	1,322	1,884	1,737	1,856	2,154	2,043	2,542	3,118	3,528	0	0	0
Sales and marketing
10,035	9,182	8,654	8,212	7,754	7,415	6,786	6,087	3,569	3,629	3,873	4,180	3,137	3,130	3,070	2,908	5,370	4,179	3,454	2,933	2,523	2,510	2,303	1,915	1,402	1,259	938	668	859	734	741	873	1,157	1,550	1,781	2,142	0	0	0
General and administrative
16,029	15,551	14,216	13,032	13,278	13,598	14,470	15,124	11,925	11,755	13,019	14,766	15,702	16,387	15,919	16,203	21,341	21,845	21,046	19,031	15,474	13,413	13,158	13,586	12,017	12,702	12,600	11,199	13,637	16,490	14,499	13,013	10,195	4,865	4,785	5,698	0	0	0
Amortization of intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	54	0	0	0
Impairment of goodwill and intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-
Total operating expenses
37,078	35,392	33,431	32,120	31,324	31,997	31,844	30,864	23,247	23,130	25,514	28,229	24,889	25,192	23,953	23,994	36,682	34,975	33,200	29,869	25,664	23,911	23,701	23,370	19,467	18,547	16,082	13,189	21,668	24,249	22,384	21,328	13,395	15,003	15,749	17,450	0	0	0
Income from operations
12,221	10,545	7,745	3,445	172	-3,771	-5,552	-5,809	-3,275	-7,198	-12,039	-16,971	-20,140	-19,995	-21,832	-22,534	-29,581	-29,707	-26,208	-23,737	-18,603	-16,900	-16,107	-15,524	-13,600	-13,491	-12,874	-11,029	-18,765	-21,301	-18,752	-16,971	-7,667	-9,652	-10,626	-11,474	0	0	0
Interest and other income / (expense), net
Interest income / (expense)
-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Income (Expense), Net
-	-	-	0	-	-	-	-	-	-	-	-	-	-2,124	-1,907	-1,716	-1,478	-1,002	-728	-234	108	99	36	-1,407	-1,293	-1,825	-2,125	-1,144	-11,549	-12,706	-12,589	-12,497	0	0	0	-	-	-	-
Interest income / (expense), net
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Interest Expense
-	-	0	-	-	-	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0
Foreign exchange transaction gain / (loss)
0	-	-6	3	0	-	-77	-148	-74	-132	-86	-26	-17	-16	-28	-24	-22	27	39	32	6	-30	-2	33	123	100	47	11	-91	-144	-149	-94	-9	104	122	-83	0	0	0
Change in fair value of convertible note embedded derivative liability
-2,104	-3,580	-2,628	-1,008	-153	-335	-4,631	-7,559	-8,258	-3,747	-833	475	2,423	-430	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of warrant liability
4,881	5,662	231	-6,565	-163	-916	1,174	3,208	3,176	1,341	317	-147	-797	0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of warrant derivative liabilities loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain / (loss) on change on valuation of long term contingent liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment of debt
0	-	-	0	0	-	-	-	0	0	-	-	-	-	-	-	0	0	-	-	-	-	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain / (loss) on settlement of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	0	-	-	1,393	0	0	0	-	-	-	-
Loss on change in fair value of derivative liabilities loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4,393	-4,442	-4,525	-4,447	0	0	0	-	-	-	-
Gain / (loss) on disposal of fixed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-31	-23	-23	2	1	0	4	0	0	0	0	-	-	0	-	-	-	-	-	-	-	-	-
Gain on change in valuation of long-term contingent liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income / (expense)
796	772	675	139	-182	-293	-202	-72	-163	59	-4	11	77	1	-3	-4	79	62	54	46	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-2	0	0	0
Total interest and other income / (expense), net
-18,412	-20,958	-14,848	-7,278	-1,781	-1,797	-9,548	-14,839	-15,249	-8,733	-4,183	-2,311	640	-2,979	-1,915	-1,744	-1,452	-935	-657	-163	107	112	-539	-1,950	-2,047	-2,676	-2,416	-1,490	-13,990	-14,119	-13,844	-13,626	-2,059	-1,674	-1,956	-2,710	0	0	0
Income / (loss) from continuing operations before income taxes
-6,191	-10,413	-7,103	-3,833	-1,609	-5,568	-15,100	-20,648	-18,524	-15,931	-16,222	-19,282	-19,500	-22,974	-23,747	-24,278	-31,033	-30,642	-26,865	-23,900	-18,496	-16,788	-16,646	-17,474	-15,647	-16,167	-15,290	-12,519	-32,755	-35,420	-32,596	-30,597	-9,726	-11,326	-12,582	-14,184	0	0	0
Income Tax Expense (Benefit)
-	-	-	-	-	-	-	-951	-1,240	-856	-409	-144	162	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	114	113	93	110	109	122	187	224	0	0	0
Income tax provision
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	0	0	-	193	85	-257	-272	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Income / (loss) from continuing operations, net of taxes
-6,509	-10,906	-7,501	-4,302	-1,752	-5,411	-14,082	-19,697	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-17,202	0	0	0	-	-	-	-	-	-	-	-	-14,408	0	0	0
Income / (loss) from discontinued operations
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income / (loss) from discontinued operations, net of taxes
-267	-544	-812	-1,708	-35,825	-34,617	-34,116	-33,160	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations, net of taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	809	0	0	0
Loss from operations of discontinued component
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	4,215	0	0	0
Net loss from discontinued operations, net of taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,024	0	0	0
Net income / (loss)
-6,776	-11,450	-8,313	-6,010	-37,577	-40,028	-48,198	-52,857	-21,357	-20,144	-21,027	-24,264	-23,167	-26,344	-27,325	-28,032	-31,556	-31,277	-28,156	-24,647	-17,915	-16,607	-17,628	-18,704	-19,503	-19,541	-17,094	-14,161	0	0	0	-	-9,835	-11,448	-12,769	-9,384	0	0	0
Foreign currency translation adjustment
-392	-353	67	-31	0	0	0	-	0	0	-	-119	-195	-265	-74	-150	42	139	60	147	-205	-300	1	67	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency translation adjustment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	50	47	22	97	0	0	0	-	-	-	-
Comprehensive income / (loss)
-7,168	-11,803	-8,246	-6,041	-37,579	-40,025	-48,202	-52,861	-21,433	-20,215	-21,173	-24,383	-23,362	-26,609	-27,399	-28,182	-31,514	-31,138	-28,096	-24,500	-18,120	-16,907	-17,627	-18,637	-19,247	-19,173	-17,093	-14,233	-32,819	-35,486	-32,667	-30,610	-9,747	-11,410	-12,716	-9,256	0	0	0
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	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-