ALPHATEC HOLDINGS, INC. ATEC Income Statement

Alphatec holdings, inc. (ATEC)

Income statement / TTM

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	Sep'10	Jun'10
Revenue:
Revenue
118,987	113,427	106,418	100,219	94,942	91,694	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenues
-	-	-	-	-	-	-	-	-	-	102,545	106,157	114,020	120,248	100,580	105,556	119,947	134,388	128,239	147,565	154,099	154,625	206,418	205,601	203,454	204,724	204,402	201,045	198,260	196,278	193,045	193,825	196,452	197,711	193,047	190,852	0	0	0
Cost of revenue
36,930	35,833	34,459	31,987	30,042	28,457	24,786	26,577	28,720	33,517	40,880	43,142	45,594	44,114	33,908	33,088	40,750	46,366	42,762	47,005	44,860	44,958	63,671	74,931	76,832	78,669	81,291	72,603	71,768	70,761	74,982	75,139	78,058	79,168	70,505	69,726	0	0	0
Amortization of acquired intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	1,772	1,769	1,748	1,733	1,924	1,854	1,801	1,749	1,504	1,553	1,596	1,613	1,596	1,554	0	0	0
Gross profit
82,057	77,594	71,959	68,232	64,900	63,237	67,848	66,154	66,348	68,222	61,665	63,015	68,426	76,134	67,402	73,198	79,566	88,022	86,075	100,723	109,316	109,667	140,975	128,901	124,874	124,322	121,187	126,588	124,691	123,768	116,559	117,133	116,798	116,930	120,946	119,572	0	0	0
Operating expenses:
Research and development
14,226	13,849	13,595	12,790	11,439	9,853	8,389	6,276	5,257	4,920	5,931	5,974	7,056	9,248	14,802	15,565	17,405	17,615	13,068	15,641	16,263	16,593	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Sales, general and administrative
108,620	101,714	91,469	83,510	76,480	72,640	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Litigation-related
0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Litigation-related expenses
-	-	-	0	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Research and development
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,447	14,558	14,886	14,238	14,880	15,485	16,888	17,404	18,455	0	0	0
In-process research and development
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
In-process research and development
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Sales and marketing
-	-	-	-	-	-	-	-	-	-	42,880	44,629	47,125	50,962	43,686	44,696	48,546	51,801	46,850	52,725	55,918	55,782	77,701	77,201	76,524	76,960	75,138	74,767	75,136	75,177	73,967	75,334	75,096	75,189	74,117	72,087	0	0	0
General and administrative
-	-	-	-	-	-	-	-	-	-	22,902	22,635	23,558	26,339	22,620	25,025	27,992	28,126	25,292	28,964	28,964	34,048	47,607	48,837	51,041	47,949	45,242	43,557	42,244	39,939	38,375	37,244	36,050	36,367	34,640	34,020	0	0	0
Amortization of intangible assets
688	698	713	728	743	738	723	708	693	688	857	768	851	934	167	364	778	1,200	601	1,063	1,151	1,232	0	0	0	-	2,861	2,611	2,399	2,180	2,097	2,151	2,196	2,152	2,162	2,086	0	0	0
Goodwill and intangible asset impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transaction-related
0	-	-	-	-	1,550	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	0	0
Gain on settlement
-	-	-	-	-	6,168	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring
-	60	683	850	1,043	1,381	1,066	1,038	1,373	2,206	2,412	3,878	3,434	2,292	2,196	942	746	597	0	0	0	-	6,326	10,351	10,441	9,665	4,045	0	0	-	0	-	-	1,050	1,695	2,106	0	0	0
Gain on sale of assets
-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
136,375	124,870	112,431	104,640	97,439	85,677	86,201	78,235	72,619	77,225	74,126	78,764	83,760	91,511	85,207	251,129	260,004	263,876	249,821	98,062	101,987	108,182	198,106	200,938	201,651	197,755	142,604	136,805	135,760	133,605	138,898	139,860	139,078	141,446	132,449	131,770	0	0	0
Operating loss
-54,318	-47,276	-40,472	-36,408	-32,539	-22,440	-18,353	-12,081	-6,271	-9,003	-12,461	-15,749	-15,334	-15,377	-17,805	-177,931	-180,438	-175,854	-163,746	2,661	7,329	1,485	-57,131	-72,037	-76,777	-73,433	-21,417	-10,217	-11,069	-9,837	-22,339	-22,727	-22,280	-24,516	-11,503	-12,198	0	0	0
Other expense:
Other expense, net
0	-	-	-	0	-	-	-	-	-	-	344	-221	-28	287	6,356	9,080	7,445	9,949	2,862	16	1,836	-2,052	-914	-629	-1,662	-1,574	-1,576	-1,185	-794	0	0	0	-	-	1,927	0	0	0
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23	14	10	10	10	7	6	14	45	81	118	153	168	183	148	365	351	0	0	0
Interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,998	4,705	3,022	10,599	7,772	4,952	3,959	3,715	3,441	6,092	6,105	5,795	5,746	3,056	3,027	3,709	4,428	0	0	0
Interest and other expense, net
-	-	-	-	-	-	-	-	-	-7,615	-7,930	-7,231	-6,365	-5,365	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on debt extinguishment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income (loss), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Total other expense
-	-	-9,512	-8,340	-	-7,729	0	0	0	-	-	-17,052	-16,751	-15,558	-8,943	6,762	7,473	3,455	8,882	-1,113	-4,675	-1,176	-12,641	-8,676	-5,574	-5,615	-5,275	-4,972	-7,196	-6,781	-5,953	-5,895	-2,846	-2,172	-2,316	-2,150	0	0	0
Loss from continuing operations before taxes
-64,938	-57,141	-49,984	-44,748	-40,742	-30,169	-13,430	-7,226	-1,511	-4,574	-20,824	-32,801	-32,085	-30,935	-26,748	-171,169	-172,965	-172,399	-154,864	1,548	2,654	309	0	0	0	-	0	0	0	-	0	0	-	-	-	-	-	-	-
Loss before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-25,126	-26,688	-13,819	-14,348	0	0	0
Income tax provision
-230	-239	458	464	-872	-1,361	-1,788	-1,821	-541	-34	386	-4,604	-4,608	-4,634	-4,781	-2,267	-2,025	-1,146	-1,869	586	640	407	3,244	3,772	3,900	3,179	483	-55	-1,418	-1,159	-2,222	-3,717	-3,551	-4,507	-3,814	-2,546	0	0	0
Loss from continuing operations
-64,708	-56,902	-50,442	-45,212	-39,870	-28,808	-11,642	-5,405	-970	-4,540	-21,210	-28,197	-27,477	-26,301	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations, net of applicable taxes
-	-100	-157	-175	-157	-167	2,350	2,331	2,275	2,246	5,507	1,910	-1,346	-3,624	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Income from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net loss
-64,756	-57,002	-50,599	-45,387	-40,027	-28,975	-9,292	-3,074	1,305	-2,294	-15,703	-26,287	-28,823	-29,925	-35,474	-182,018	-180,732	-178,676	-169,046	-11,822	-10,770	-12,882	-73,016	-84,485	-86,251	-82,227	-27,175	-15,134	-16,847	-15,459	-26,070	-24,905	-21,575	-22,181	-10,005	-11,680	0	0	0
Net loss per share, basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.04	-0.05	-	-0.03	-	-	-	-0.15	-	-	-	-	-	-	-	-	-	-	-	-
Net loss per share, diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.04	-	-	-	-0.15	-	-	-	-	-	-	-	-	-	-	-	-
Basic and diluted net income per share from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00
Shares used in calculating basic net loss per share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	99,258	99,020	-	97,391	-	-	-	96,381	-	-	-	-	-	-	-	-	-	-	-	-
Shares used in calculating diluted net loss per share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	98,329	-	-	-	96,381	-	-	-	-	-	-	-	-	-	-	-	-
Loss per share, basic and diluted:
Continuing operations
-0.33	-0.28	-0.26	-0.26	-0.29	-0.30	-0.22	-0.21	-0.09	-	-0.22	-0.24	-0.60	-	-1.17	-0.22	-0.50	-	-18.96	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.04	-0.04
Discontinued operations
0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	-0.01	-0.01	-0.01	-	-0.43	-0.39	-0.28	-	-0.39	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss per share, basic and diluted
-0.33	-0.27	-0.26	-0.27	-0.29	-0.68	-0.22	-0.21	-0.09	-	-0.23	-0.24	-0.61	-	-1.60	-0.62	-0.78	-	-19.35	-	-	-	-	-0.03	-0.07	-	-	-0.05	-0.03	-	-0.03	-0.07	-0.01	-	-0.01	-0.03	-0.02	-0.04	-0.04
Shares used in calculating basic and diluted net loss per share
62,568	61,300	55,736	46,880	45,020	43,521	42,497	34,030	21,212	-	13,938	11,047	9,005	-	8,560	8,488	8,466	-	8,281	-	-	-	-	96,922	96,838	-	-	95,926	95,826	-	89,503	89,218	-	-	88,829	-	-	-	-
Basic and diluted (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	88,938	-	-	88,740	88	86,990	84,675
United States Product
Revenue
114,357	108,242	100,149	93,094	87,410	83,656	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
International Supply Agreement
Revenue
4,630	5,185	6,269	7,125	7,532	8,038	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-