Aspen group, inc. (ASPU)
Income statement / Quarterly
Jan'20Oct'19Jul'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Mar'13Jan'13Dec'12Oct'12Sep'12Jul'12Jun'12Apr'12Mar'12Feb'12Dec'11Nov'11Sep'11Aug'11Jun'11Mar'11Nov'10Aug'10
Revenues

12,537

12,085

10,357

10,214

8,494

8,095

7,221

7,225

5,701

4,851

4,242

4,289

3,735

3,465

2,756

2,670

2,164

1,913

1,705

1,555

1,286

1,214

1,169

1,164

1,002

914

901

1,229

892

831

-1,333

727

1,253

698

2,218

745

546

-

-

0

1,134

0

950

1,007

0

0

Operating expenses
Cost of revenues (exclusive of depreciation and amortization shown separately below)

5,163

4,188

4,353

4,312

4,076

3,835

3,752

3,571

2,665

1,864

1,752

1,571

1,359

1,234

896

949

995

867

774

651

632

442

449

469

500

434

455

749

-

557

204

387

-

611

-

865

-

-

-

-

-

-

-

-

-

-

Instructional costs and services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

235

-

-

-

759

-

1,641

-

187

-

-

-

512

-

465

531

-

-

Marketing and promotional

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

310

-

-

-

299

-

446

-

437

-

-

-

132

-

60

79

-

-

General and administrative

8,627

7,601

7,037

6,669

6,284

6,210

5,824

5,353

4,677

3,166

3,131

2,859

2,133

1,913

2,182

1,656

1,659

1,610

1,477

1,763

1,701

1,259

1,200

1,433

1,752

1,637

1,476

1,670

1,217

1,043

1,231

1,069

1,389

1,393

1,135

2,123

1,752

-

-

3

1,274

1

675

368

2

0

Program review settlement expense

-

-

-

-

-

-

-

-

-

-

-

-

25

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Receivable collateral valuation reserve

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

123

-

-

0

-

0

0

193

193

309

309

0

-

-

-

-

0

-

-

-

-

-

Depreciation and amortization

475

628

606

592

555

524

498

460

347

145

138

133

132

139

151

154

151

148

143

138

133

130

125

123

121

119

109

159

-

111

71

105

-

98

-

121

-

-

-

-

-

-

-

-

-

-

Total operating expenses

14,265

12,417

11,996

11,574

10,916

10,569

10,074

9,384

7,690

5,176

5,022

4,862

3,649

3,287

3,229

2,761

2,806

2,626

2,395

2,553

2,468

1,831

1,774

-

-

-

-

-

1,883

-

-

-

2,746

-

3,628

-

2,467

-

-

10

1,990

2

1,255

1,031

2

2

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

120

-

-

-

103

-

96

-

89

-

86

-

71

-

53

52

-

-

Professional fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6

-

0

-

-

0

1

Total operating expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,498

2,191

2,041

2,580

-

1,713

1,198

1,754

-

2,412

-

3,110

-

-

-

-

-

-

-

-

-

-

Operating loss

-1,728

-331

-1,638

-1,360

-2,421

-2,474

-2,853

-2,159

-1,988

-324

-779

-573

85

177

-472

-90

-642

-713

-689

-997

-1,182

-617

-605

-862

-1,496

-1,276

-1,140

-1,350

-991

-881

-969

-1,027

-1,492

-1,714

-965

-2,365

-1,920

-

-

-

-855

-

-

-23

-

-

Other income (expense)
Other income

34

132

22

36

142

41

56

61

46

23

18

11

1

1

0

1

1

2

3

2

2

3

1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on extinguishment of warrant liability

-

-

-

-

-

-

-

-

52

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

3

3

0

-

0

-

0

-

-

-

-

-

-

-

-

-

-

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

0

-

0

-

2

-

0

-

0

0

-

-

Interest expense

571

428

423

285

76

41

40

1,566

257

179

6

161

80

62

33

19

34

34

33

32

34

93

260

261

260

122

16

6

5

6

4

229

229

127

127

2

3

-

-

0

4

-

3

3

-

-

Gain on disposal of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

5

-

-

-

-

-

-

-

0

-

-

Other income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

66

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Loss on Debt Extinguishment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-452

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss due to unauthorized borrowing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

0

-

0

-

0

14

-

-

Gain on disposal of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

0

-

5

-

-

-

0

-

-

-

-

-

Other income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

66

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

Total other income/(expense), net

-537

-296

-400

-249

65

-0

16

-1,504

-158

-156

12

-150

-78

-61

-33

-17

-32

-31

-29

-30

-32

-543

-259

-260

-259

-122

-15

59

61

-2

-1

-228

-229

-127

-127

3

3

-

-

-

-4

-

-

-18

-

-

Loss before income taxes

-2,265

-628

-2,039

-1,609

-2,355

-2,475

-2,837

-3,664

-2,147

-481

-767

-723

7

116

-505

-108

-674

-744

-718

-1,028

-1,214

-1,160

-864

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from continuing operations before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,756

-1,399

-1,156

-1,291

-930

-884

-970

-1,256

-1,721

-1,842

-1,537

-2,361

-1,916

-

-1,382

-

-860

-

-308

-42

-

-

Loss before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-10

-

-2

-

-

-2

-2

Income tax expense

15

10

35

-

0

0

-

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

0

0

0

0

0

0

Loss from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,122

-1,756

-1,399

-1,156

-1,291

-

-884

-686

-1,256

-

-1,842

-

-2,361

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations, net of income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0

29

32

22

-111

-

-150

-87

-14

-

90

-

148

-

-

-

-

-

-

-

-

-

-

Loss from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-930

-

-

-

-

-

-

-

-1,916

-

-

-

-

-

-

-

-

-

Income (loss) from discontinued operations, net of income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-18

-

-

-

-

-

-

-

127

-

-

-

-

-

-

-

-

-

Net loss

-2,281

-638

-2,075

-1,609

-2,355

-2,475

-2,837

-3,664

-2,147

-481

-767

-723

7

116

-505

-108

-674

-744

-718

-1,028

-1,214

-1,160

-864

-1,122

-1,726

-1,366

-1,134

-1,402

-948

-1,034

-834

-1,271

-1,721

-1,752

-1,241

-2,213

-1,789

2,105

-1,782

-

-860

-2

-348

-42

-

-2

Net loss per share allocable to common shareholders - basic (in dollars per share)

-0.12

-

-

-

-0.13

-

-

-

-

-

-

-

0.00

0.01

-

-

-0.06

-0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income per share allocable to common stockholders - diluted

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.01

-

-

-0.06

-0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average number of common stock outstanding - basic (in shares)

19,420

-

-

-

18,398

-

-

-

-

-

-

-

11,467

11,479

-

-

10,694

128,303

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average number of common shares outstanding: diluted

-

-

-

-

-

-

-

-

-

-

-

-

13,040

12,140

-

-

10,694

128,303

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cumulative preferred stock dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

-

0

-

0

37

37

-

47

-

24

-

11

3

-

-

Net loss allocable to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,402

-948

-

-834

-

-1,721

-

-1,664

-2,250

-1,827

-

-971

-

-884

-

-320

-45

-

-

Net loss per share allocable to common stockholders - basic and diluted

-

-

-

-

-

-

-

-

-

-

-0.06

-

-

-

-

-

-

-

-

-

-

-

-

-0.02

-0.03

-0.02

-0.02

-0.02

-

-0.02

0.03

-0.04

-

-0.05

-

-0.11

-

-

-

-

-

-

-

-

-

-

Income per share from discontinued operations - basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

0.00

0.00

-

0.00

-0.01

0.00

-

0.00

-

0.01

-

-

-

-

-

-

-

-

-

-

Net Loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-8

-

-

-

-

-2

-

Net loss per share allocable to common stockholders - basic and diluted (in dollars per share)

-

-0.03

-0.11

-

-

-0.13

-0.15

-

-0.15

-0.04

-

-

-

-

-0.04

-

-

-

-0.01

-0.01

-0.01

-0.01

-0.01

-0.02

-0.03

-0.02

-0.02

-0.03

-0.02

-0.02

0.02

-0.04

-0.05

-0.05

-0.02

-0.11

-0.12

-

-

0.00

-0.07

0.00

-0.02

0.00

0.00

0.00

Income (loss) per share from discontinued operations - basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

Net loss per share allocable to common stockholders - basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0

-

-

-

-

-

-

-

-0

-

-

-

-

-

-

-

-

-

Weighted average number of common stock outstanding - basic and diluted (in shares)

-

18,985

18,733

-

-

18,335

18,317

15,257

14,491

13,587

13,526

-

-

-

11,320

-

-

-

128,188

113,723

112,753

103,243

73,818

70,828

59,780

58,990

58,527

56,089

55,671

43,749

53,809

35,295

35,687

35,295

-

21,135

16,473

-

-

-

11,871

-

-

-

-

-

Basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,000

-

-

Basic and diluted weighted average common shares outstanding

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

122,400

-

122,400

-

-

122,400

122,400