Asure software inc (ASUR)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10
Revenue:
Revenue

73,150

63,626

-

-

-

-

-

-

-

-

Cloud revenue

-

-

-

20,606

13,628

13,716

-

-

-

-

Hardware revenue

-

-

-

3,795

3,300

2,623

-

-

-

-

Maintenance and support revenue

-

-

-

4,566

6,054

6,489

-

-

-

-

On premise software license revenue

-

-

-

2,218

856

999

-

-

-

-

Professional services revenue

-

-

-

4,357

3,068

3,379

-

-

-

-

Revenue

-

-

54,442

35,542

26,906

27,206

25,474

19,965

10,941

10,033

Cost of Sales

29,836

24,122

12,619

8,117

7,340

6,314

6,425

4,573

2,289

2,259

Gross profit

43,314

39,504

41,823

27,425

19,566

20,892

19,049

15,392

8,652

7,774

Operating expenses:
Selling, general and administrative

42,093

36,765

33,887

21,048

14,964

13,999

13,252

11,803

6,203

5,693

Research and development

5,351

5,998

4,459

2,897

3,053

3,310

2,835

2,376

1,678

1,445

Loss on lease agreement

-

-

-

-

-

-

-

-

-

1,203

Amortization of intangible assets

11,765

7,481

4,477

2,253

1,866

1,999

2,180

1,726

680

598

Impairment of goodwill

35,060

0

-

-

-

-

-

-

-

-

Total operating expenses

94,269

50,244

42,823

26,198

19,883

19,308

18,267

15,905

8,561

8,939

Loss from operations

-50,955

-10,740

-1,000

1,227

-317

1,584

782

-513

91

-1,165

Gain on settlement of note payable and litigation

-

-

-

-

-

1,034

0

-

-

-

Interest expense and other, net

-

-

-

-

22

-1

-

-

-

-

Interest income

-

-

-

-

-

-

49

3

10

5

Loss on lease termination

-

-

-

-

-110

0

72

-

-

-

Gain (loss) on sale/disposal of assets

-

-

-

-

-

-

-

-28

0

5

Loss on debt refinancing

-

-

-

-

-4

-1,402

0

-198

-

-

Loss on debt conversion

-

-

-

-

-

-

-

-

0

-

Gain on Investments

-

-

-

-

-

-

-

-

-

130

Foreign currency gain (loss)

-

-

-

-

1

-14

-24

-27

74

-54

Interest expense and other, net

15,447

8,615

4,626

2,010

1,109

1,274

1,943

1,169

148

66

Interest expense - amortization of original issue discount (OID)

-

-

-

-

21

72

481

815

604

-

Total other expense, net

-

-

-4,626

-2,010

-1,221

-1,729

-2,327

-2,234

-668

20

Loss from continuing operations before income taxes

-66,402

-19,355

-5,626

-783

-1,538

-145

-1,545

-2,747

-577

-1,145

Income tax expense

-24,111

-7,982

96

189

219

117

117

285

72

-8

Discontinued operations
Loss from continuing operations

-42,291

-11,373

-

-

-

-

-

-

-

-

Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, before Income Tax

94,293

0

-

-

-

-

-

-

-

-

Income from operations of discontinued operations

3,498

4,578

-

-

-

-

-

-

-

-

Income tax expense

25,499

753

-

-

-

-

-

-

-

-

Gain on discontinued operations, net of taxes

72,292

3,825

-

-

-

-

-

-

-

-

Net loss

30,001

-7,548

-5,722

-972

-1,757

-262

-1,662

-3,032

-649

-1,137

Other comprehensive income:
Unrealized gain (loss) on marketable securities

6

-101

-

-

-

-

-

-

-

-

Foreign currency translation gain (loss)

-597

-742

-68

83

8

18

-2

26

-98

-

Comprehensive loss

29,410

-8,391

-5,790

-889

-1,749

-244

-1,664

-3,006

-747

-

Basic and diluted loss per share from continuing operations
Basic and diluted loss per share from continuing operations
Basic (in Dollars per share)

-2.73

-0.81

-

-

-

-

-

-

-

-

Diluted (in Dollars per share)

-2.73

-0.81

-

-

-

-

-

-

-

-

Earnings Per Share [Abstract]
Basic (in Dollars per share)

1.93

-0.54

-0.53

-0.15

-0.28

-0.04

-0.29

-0.60

-0.14

-0.37

Diluted (in Dollars per share)

1.93

-0.54

-0.53

-0.15

-0.28

-0.04

-0.29

-0.60

-0.14

-0.37

Weighted average basic and diluted shares
Basic (in Shares)

15,511

14,010

10,891

6,533

6,176

6,002

5,661

5,048

4,628

3,087

Diluted (in Shares)

15,511

14,010

10,891

6,533

6,176

6,002

5,661

5,048

4,628

3,087

Recurring
Revenue

70,066

58,890

-

-

-

-

-

-

-

-

Professional Services Revenue [Member]
Revenue

3,084

4,736

-

-

-

-

-

-

-

-

Revenue

-

-

4,627

-

-

-

-

-

-

-

Cloud Revenue [Member]
Revenue

-

-

39,267

-

-

-

-

-

-

-

Hardware Revenue [Member]
Revenue

-

-

4,703

-

-

-

-

-

-

-

Maintenance Revenue [Member]
Revenue

-

-

4,453

-

-

-

-

-

-

-

Other [Member]
Revenue

-

-

1,392

-

-

-

-

-

-

-