ASURE SOFTWARE INC ASUR Income Statement

Asure software inc (ASUR)

Income statement / Quarterly

Mar'20	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	Mar'10
Revenue:
Revenue
18,947	3,340	24,559	24,841	20,410	-903	23,458	21,767	19,304	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cloud revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	5,725	5,630	5,389	3,862	3,427	3,413	3,417	3,371	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Hardware revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	1,151	676	1,275	693	833	835	1,047	585	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Maintenance and support revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	1,057	1,078	1,192	1,239	1,513	1,434	1,541	1,566	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
On premise software license revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	866	754	458	140	128	241	321	166	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Professional services revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	917	1,302	1,350	788	860	731	833	644	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenue
-	-	-	-	-	-	-	-	-	15,308	15,527	12,880	10,727	9,716	9,440	9,664	6,722	6,761	6,654	7,159	6,332	7,101	7,030	6,548	6,527	6,733	6,470	6,296	5,975	5,948	5,659	4,205	4,153	3,648	2,502	2,434	2,357	2,406	2,542	2,625	2,460
Cost of Sales
7,840	4,679	9,052	9,851	6,254	2,874	8,471	7,220	5,557	3,959	3,396	2,826	2,438	2,185	2,026	2,176	1,730	2,059	1,750	1,879	1,652	1,788	1,595	1,373	1,558	1,625	1,542	1,481	1,777	1,600	936	991	1,046	926	486	437	440	518	601	502	638
Gross profit
11,107	-1,339	15,507	14,990	14,156	-3,777	14,987	14,547	13,747	11,349	12,131	10,054	8,289	7,531	7,414	7,488	4,992	4,702	4,904	5,280	4,680	5,313	5,435	5,175	4,969	5,108	4,928	4,815	4,198	4,348	4,723	3,214	3,107	2,722	2,016	1,997	1,917	1,888	1,941	2,123	1,822
Operating expenses:
Sales and marketing
3,575	-	-	-	2,705	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative
6,453	-	-	-	8,189	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling, general and administrative
-	-	11,395	11,859	-	3,371	11,052	11,633	10,709	8,601	9,459	8,784	7,043	5,489	5,046	5,480	5,033	4,037	3,866	3,612	3,449	3,589	3,553	3,495	3,362	3,312	3,216	3,448	3,276	3,359	3,975	2,334	2,135	1,863	1,526	1,413	1,401	1,303	1,507	1,442	1,441
Research and development
1,174	-349	2,501	1,878	1,321	-497	3,514	1,558	1,423	1,971	883	836	769	680	761	645	811	786	786	743	738	866	868	855	721	735	736	664	700	385	809	591	591	528	366	393	391	345	394	364	342
Loss on lease agreement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,203	-
Amortization of intangible assets
2,349	4,211	2,375	2,761	2,418	1,443	2,447	1,994	1,597	1,247	1,341	1,042	847	625	625	626	377	352	505	504	505	511	494	497	497	519	497	582	582	569	573	292	292	231	150	150	149	149	150	150	149
Total operating expenses
13,551	46,867	16,271	16,498	14,633	4,317	17,013	15,185	13,729	11,819	11,683	10,662	8,659	6,794	6,432	6,751	6,221	5,175	5,157	4,859	4,692	4,966	4,915	4,847	4,580	4,566	4,449	4,694	4,558	4,313	5,357	3,217	3,018	2,622	2,042	1,956	1,941	1,797	2,051	3,159	1,932
Loss from operations
-2,444	-48,206	-764	-1,508	-477	-8,094	-2,026	-638	18	-470	448	-608	-370	737	982	737	-1,229	-473	-253	421	-12	347	520	328	389	542	479	121	-360	35	-634	-3	89	100	-26	41	-24	91	-110	-1,036	-110
Loss on lease termination
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on settlement of note payable and litigation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,034	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense and other, net
696	-	-	-	-2,714	-	-	-	-	-	-	-	-	-	-	-	-	22	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	48	-	-	1	0	1	1	2	2	4	2	3	0	1	1
Loss on lease termination
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	72	-	-	-	9	-	-	-	-	-	-	-	-	-	-
Gain (loss) on sale/disposal of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-26	-10	-	0	-	-	-	-18	23	-
Loss on debt refinancing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	110	-4	0	-110	0	0	0	-1,402	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Loss on lease termination
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on debt conversion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-199	-	-	-	-	-	-	-	-
Foreign currency gain (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14	-5	3	-11	-4	2	-10	-2	-5	5	-3	-21	-5	7	-1	-28	27	67	1	-21	-13	-24	26	-43
Interest expense and other, net
-	-	2,864	3,091	-	2,272	1,861	2,722	1,760	1,347	1,644	1,088	547	550	620	559	281	282	266	279	282	265	288	264	457	565	328	520	530	411	520	118	120	128	5	7	8	9	20	16	21
Other income
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Loss) on debt conversion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-
Interest expense - amortization of original issue discount (OID)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	3	8	8	8	10	4	50	78	128	125	150	164	60	56	535	-	0	-	-	-	-	-	-
Acquisition costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	130	-	-
Total other expense, net
-	-	-2,864	-3,091	-	-	-1,861	-2,722	-1,760	-1,347	-1,644	-1,088	-547	-550	-620	-559	-281	-248	-278	-284	-411	-278	-296	-278	-877	-647	-331	-648	-701	-579	-564	-200	-891	-703	64	-2	-27	-19	68	34	-63
Loss from continuing operations before income taxes
-1,748	-54,984	-3,628	-4,599	-3,191	-10,366	-3,887	-3,360	-1,742	-1,817	-1,196	-1,696	-917	187	362	178	-1,510	-721	-531	137	-423	69	224	50	-488	-105	148	-527	-1,061	-544	-1,198	-203	-802	-603	38	39	-51	72	-42	-1,002	-173
Income tax expense
19	-24,453	-272	368	246	-8,270	-303	408	183	-272	85	141	142	56	47	42	44	74	43	42	60	-23	63	35	42	-3	39	42	39	90	30	120	45	42	9	12	9	6	-42	13	15
Loss from continuing operations
-1,767	-	-	-	-3,437	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued Operations and Disposal Groups [Abstract]
Income from operations of discontinued operations
0	-	-	-	601	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax expense
0	-	-	-	58	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on discontinued operations, net of taxes
0	-	-	-	543	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-1,767	41,218	-3,356	-4,967	-2,894	1,729	-3,584	-3,768	-1,925	-1,545	-1,281	-1,837	-1,059	131	315	136	-1,554	-795	-574	95	-483	92	161	15	-530	-102	109	-569	-1,100	-634	-1,228	-323	-847	-645	29	27	-60	66	0	-1,015	-188
Other comprehensive income:
Unrealized gain (loss) on marketable securities
65	-	-	-	-52	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized gain (loss) on marketable securities
-	-	-4	78	-	-	-101	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency translation loss
-	-	-514	-365	-	-	-211	-437	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency translation gain (loss)
0	-	-	-	319	-	-	-	-	-5	-6	-23	-34	-59	26	81	35	16	27	-41	6	22	14	-10	-8	-10	-34	4	38	2	-2	-2	28	-	-	-	-	-	-	-	-
Unrealized net losses
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive loss
-1,702	41,165	-3,874	-5,254	-2,627	1,632	-3,896	-4,205	-1,922	-1,550	-1,287	-1,860	-1,093	72	341	217	-1,519	-779	-547	54	-477	114	175	5	-538	-112	75	-565	-1,062	-632	-1,230	-325	-819	-	-	-	-	-	-	-	-
Basic and diluted loss per share from continuing operations
Basic and diluted loss per share from continuing operations
Basic (in Dollars per share)
-0.11	-	-	-	-0.22	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted (in Dollars per share)
-0.11	-	-	-	-0.22	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Per Share [Abstract]
Basic (in Dollars per share)
-0.11	2.66	-0.22	-0.32	-0.19	0.14	-0.24	-0.29	-0.15	-0.13	-0.10	-0.18	-0.12	0.03	0.05	0.02	-0.25	-0.13	-0.09	0.02	-0.08	0.02	0.03	0.00	-0.09	0.00	0.02	-0.10	-0.21	-0.13	-0.23	-0.06	-0.18	-	0.01	0.01	-	-	0.00	-0.33	-
Diluted (in Dollars per share)
-0.11	2.66	-0.22	-0.32	-0.19	0.14	-0.24	-0.29	-0.15	-0.13	-0.10	-0.18	-0.12	0.03	0.05	0.02	-0.25	-0.13	-0.09	0.02	-0.08	0.02	0.03	0.00	-0.09	0.00	0.02	-0.10	-0.21	-0.13	-0.23	-0.06	-0.18	-	0.01	0.01	-	-	0.00	-0.33	-
Weighted average basic and diluted shares
Basic (in Shares)
15,727	15,630	15,565	15,444	15,405	15,295	15,223	12,939	12,583	12,538	12,418	9,980	8,628	7,014	6,534	6,294	6,290	6,293	6,290	6,066	6,055	6,050	6,008	5,979	5,971	5,957	5,929	5,497	5,261	5,266	5,245	4,982	4,699	-	4,627	4,627	-	-	3,085	3,085	-
Diluted (in Shares)
15,727	15,630	15,565	15,444	15,405	15,295	15,223	12,939	12,583	12,538	12,418	9,980	8,628	6,865	6,548	6,429	6,290	6,128	6,290	6,231	6,055	5,389	6,284	6,364	5,971	5,669	6,217	5,497	5,261	5,266	5,245	4,982	4,699	-	4,641	4,632	-	-	3,085	3,085	-
Basic And Diluted Loss Per Share (in Dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.01	-	-	-	-0.06
Shares Used In Computing Basic And Diluted Loss Per Share (in Shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,627	-	-	-	-
Shares Used In Computing Basic And Diluted Loss Per Share (in Shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,095
Recurring [Member]
Revenue
18,436	-	-	-	19,791	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Professional Services Revenue [Member]
Revenue
511	-	-	-	619	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Recurring
Revenues
-	-	21,220	20,433	-	-	19,561	17,749	17,485	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Professional services, hardware and other
Revenues
-	-	3,339	4,408	-	-	3,897	4,018	1,819	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-