Aspen group, inc. (ASPU)
Income statement / TTM
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

45,196

41,152

37,162

34,025

31,036

28,243

24,999

22,021

19,085

17,119

15,732

14,246

12,628

11,056

9,504

8,453

7,338

6,460

5,761

5,225

4,834

4,550

4,250

3,981

3,709

1,374

1,713

0

3,030

0

2,684

0

4,018

0

2,765

0

1,497

-

-

1,958

3,092

1,958

1,958

0

0

0

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

18,016

16,930

16,577

15,977

15,235

13,824

11,853

9,853

7,853

6,547

5,917

5,061

4,439

4,076

3,708

3,587

3,288

2,926

2,501

2,176

1,994

1,861

1,853

1,859

2,140

1,844

1,797

1,953

-

2,421

2,068

0

-

0

-

0

-

-

-

-

-

-

-

-

-

-

Instructional costs and services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

0

-

0

-

-

-

0

-

0

0

-

-

Marketing and promotional

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

0

-

0

-

-

-

0

-

0

0

-

-

General and administrative

29,935

27,591

26,200

24,987

23,672

22,065

19,021

16,328

13,834

11,289

10,036

9,087

7,885

7,411

7,108

6,403

6,510

6,552

6,201

5,924

5,594

5,645

6,023

6,300

6,083

5,562

5,315

0

4,973

0

5,508

0

4,280

0

2,892

0

2,432

-

-

1,049

2,320

1,047

1,046

0

0

0

Program review settlement expense

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Receivable collateral valuation reserve

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

502

-

502

502

502

502

0

0

0

-

-

-

-

0

-

-

-

-

-

Depreciation and amortization

2,302

2,382

2,278

2,170

2,037

1,830

1,451

1,092

765

550

544

556

577

596

605

598

582

564

546

528

513

501

490

474

510

460

446

435

-

437

397

0

-

0

-

0

-

-

-

-

-

-

-

-

-

-

Total operating expenses

50,254

46,905

45,057

43,135

40,945

37,720

32,326

27,274

22,752

18,711

16,822

15,028

12,927

12,084

11,423

10,589

10,381

10,043

9,249

8,629

0

0

0

-

-

-

-

-

0

-

-

-

8,851

-

6,107

-

3,735

-

-

2,300

4,280

2,292

2,292

0

0

0

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

375

-

343

-

301

-

264

-

0

-

0

0

-

-

Professional fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

-

-

0

0

Total operating expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,311

8,011

7,575

7,946

-

8,991

8,477

0

-

0

-

0

-

-

-

-

-

-

-

-

-

-

Operating loss

-5,058

-5,752

-7,895

-9,109

-9,909

-9,476

-7,326

-5,253

-3,666

-1,591

-1,089

-782

-299

-1,027

-1,918

-2,135

-3,042

-3,583

-3,487

-3,403

-3,268

-3,581

-4,240

-4,776

-4,905

-4,378

-4,594

0

-4,418

0

-5,792

0

-5,679

0

0

0

-4,449

-

-

-

0

-

-

0

-

-

Other income (expense)
Other income

225

333

242

276

301

205

187

149

99

54

33

14

4

4

6

9

10

10

11

9

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on extinguishment of warrant liability

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

4

-

4

4

0

-

0

-

0

-

-

-

-

-

-

-

-

-

-

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

3

-

3

-

3

-

2

-

0

-

0

0

-

-

Interest expense

1,710

1,215

828

444

1,725

1,906

2,044

2,010

605

427

310

337

195

149

121

121

134

134

193

421

650

875

904

659

404

149

255

0

367

0

364

0

360

0

135

0

11

-

-

11

0

-

0

0

-

-

Gain on disposal of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

0

-

-

Other income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Loss on Debt Extinguishment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss due to unauthorized borrowing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

14

-

0

-

0

0

-

-

Gain on disposal of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

0

-

0

-

-

-

0

-

-

-

-

-

Other income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

Total other income/(expense), net

-1,484

-881

-585

-168

-1,423

-1,648

-1,804

-1,807

-453

-373

-277

-323

-190

-144

-115

-111

-123

-123

-635

-864

-1,094

-1,322

-901

-658

-336

-78

-184

0

-296

0

-354

0

-357

0

0

0

0

-

-

-

0

-

-

0

-

-

Loss before income taxes

-6,543

-6,633

-8,480

-9,278

-11,332

-11,124

-9,131

-7,061

-4,120

-1,964

-1,366

-1,105

-490

-1,172

-2,033

-2,246

-3,166

-3,706

-4,122

-4,268

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from continuing operations before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5,242

-4,456

-4,779

0

-5,160

0

-6,147

0

-6,558

0

-5,696

0

-4,467

-

-2,593

-

0

-

0

0

-

-

Loss before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

-

-

0

0

Income tax expense

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

0

0

0

Loss from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5,435

-5,603

-4,533

-4,390

-5,076

-

-6,344

-6,147

0

-

0

-

0

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations, net of income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

84

-27

-144

-191

-124

-

73

136

0

-

0

-

0

-

-

-

-

-

-

-

-

-

-

Loss from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

Net loss

-6,604

-6,679

-8,516

-9,278

-11,332

-11,124

-9,131

-7,061

-4,120

-1,964

-1,366

-1,105

-490

-1,172

-2,033

-2,246

-3,166

-3,706

-4,122

-4,268

-4,362

-4,874

-5,080

-5,350

-5,176

-4,284

-4,639

0

-4,746

0

-6,010

0

-3,070

0

-3,131

-1,892

-3,883

-28

-2,135

-

-1,213

0

0

0

-

0

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

-

37

-

84

-

109

0

121

-

87

-

0

-

0

0

-

-

Net loss allocable to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-5,169

-

-6,048

-

-6,185

-

-5,348

0

-4,004

-

-2,222

-

0

-

0

0

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

0

-

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