Atricure, inc. (ATRC)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenue

53,225

61,321

56,614

58,906

53,966

52,893

49,941

51,802

46,994

46,062

42,150

45,231

41,273

41,157

38,340

39,672

35,940

35,863

31,423

32,583

29,886

29,415

26,678

26,514

24,847

21,884

20,146

20,429

19,430

18,364

16,139

18,268

17,476

16,762

15,222

16,780

15,637

14,473

14,192

Cost of revenue

14,341

16,547

14,817

15,013

14,095

14,303

13,993

13,723

12,491

13,379

11,232

12,677

11,265

12,260

10,868

10,854

10,026

10,318

8,945

9,466

8,151

8,995

7,786

7,733

7,190

6,215

5,461

5,306

5,344

5,362

4,590

5,557

4,724

5,022

4,137

4,502

3,744

3,299

2,963

Gross profit

38,884

44,774

41,797

43,893

39,871

38,590

35,948

38,079

34,503

32,683

30,918

32,554

30,008

28,897

27,472

28,818

25,914

25,545

22,478

23,117

21,735

20,420

18,892

18,781

17,657

15,669

14,685

15,123

14,086

13,002

11,549

12,711

12,752

11,741

11,085

12,277

11,892

11,173

11,228

Operating expenses:
Research and development expenses

11,587

13,096

10,154

9,804

8,176

8,455

8,556

8,655

9,057

7,721

7,966

8,907

9,550

9,866

8,271

9,124

8,563

7,767

6,504

5,862

5,609

4,997

5,033

4,569

4,001

3,648

3,237

3,049

3,506

2,968

2,905

2,885

3,389

2,964

3,069

2,879

2,944

2,937

2,422

Selling, general and administrative expenses

42,751

47,004

40,280

37,928

37,015

32,742

33,440

28,466

34,876

27,097

29,799

30,002

30,100

26,726

25,487

27,432

26,770

28,408

22,101

22,074

21,270

20,202

14,662

17,065

21,581

16,859

14,062

13,713

12,380

11,887

11,173

11,146

10,859

10,470

9,207

10,170

10,022

9,067

9,239

Total operating expenses

54,338

60,100

50,434

47,732

45,191

41,197

41,996

37,121

43,933

34,818

37,765

38,909

39,650

36,592

33,758

36,556

35,333

36,175

28,605

27,936

26,879

25,199

19,695

21,634

25,582

20,507

17,299

16,762

15,886

14,855

14,078

14,031

14,248

13,435

12,276

13,049

12,966

12,004

11,661

Loss from operations

-15,454

-15,326

-8,637

-3,839

-5,320

-2,607

-6,048

958

-9,430

-2,135

-6,847

-6,355

-9,642

-7,695

-6,286

-7,738

-9,419

-10,630

-6,127

-4,819

-5,144

-4,779

-803

-2,853

-7,925

-4,838

-2,614

-1,639

-1,800

-1,853

-2,529

-1,320

-1,496

-1,694

-1,191

-771

-1,074

-830

-432

Other income (expense):
Interest expense

1,228

1,257

1,113

879

862

1,320

1,246

1,221

820

570

576

564

554

535

530

477

259

241

16

17

18

15

24

29

237

138

123

132

173

187

190

201

224

163

170

172

308

199

214

Interest income

405

465

577

636

720

656

151

123

76

67

58

48

54

61

67

60

39

48

56

43

43

32

27

23

14

8

2

2

4

4

3

2

2

2

5

4

4

5

6

Other

-123

70

-114

-9

-107

-80

-41

-150

88

6

145

5

-18

-440

-32

-34

-80

-75

-48

-90

-141

-585

338

172

466

-8

-9

-17

31

45

160

199

101

-219

212

2

109

-2

-122

Loss before income tax expense

-16,400

-16,048

-9,287

-4,091

-5,569

-3,351

-7,184

-290

-10,086

-2,632

-7,220

-6,866

-10,160

-8,609

-6,781

-8,189

-9,719

-10,898

-6,135

-4,883

-5,260

-5,347

-462

-2,687

-7,682

-4,976

-2,744

-1,786

-1,938

-1,991

-2,556

-1,320

-1,617

-2,075

-1,144

-937

-1,268

-1,027

-764

Income tax expense

8

48

75

10

66

79

51

48

48

-52

26

17

23

16

2

17

5

16

6

8

6

-3

4

5

27

4

4

5

5

30

11

6

3

5

12

9

4

1

0

Net loss

-16,408

-16,096

-9,362

-4,101

-5,635

-3,430

-7,235

-338

-10,134

-2,580

-7,246

-6,883

-10,183

-8,625

-6,783

-8,206

-9,724

-10,914

-6,141

-4,891

-5,266

-5,344

-466

-2,692

-7,709

-4,980

-2,748

-1,791

-1,943

-2,021

-2,567

-1,326

-1,620

-2,079

-1,156

-947

-1,273

-1,029

-764

Basic and diluted net loss per share

-0.42

-0.43

-0.25

-0.11

-0.15

-0.08

-0.22

-0.01

-0.31

-0.08

-0.22

-0.21

-0.32

-0.27

-0.21

-0.26

-0.31

-0.38

-0.22

-0.18

-0.19

-0.18

-0.02

-0.10

-0.31

-0.24

-0.13

-0.09

-0.10

-0.13

-0.16

-0.08

-0.10

-0.14

-0.07

-0.06

-0.08

-0.07

-0.05

Weighted average shares outstanding — basic and diluted

38,671

38,204

37,842

37,334

36,976

36,569

33,601

33,252

32,926

32,664

32,576

32,288

32,020

31,797

31,706

31,575

31,358

30,397

27,462

27,304

27,069

26,966

26,915

26,849

24,766

20,803

20,725

20,652

19,544

16,334

16,278

16,132

16,016

15,867

15,811

15,613

15,396

15,148

15,025

Comprehensive loss:
Unrealized (loss) gain on investments

-63

21

33

17

66

-32

8

1

-8

1

8

4

2

-17

-19

13

41

-41

17

2

37

-15

-20

-11

-2

-

5

-1

-

0

1

-1

-1

-

-

-

-

-

-

Foreign currency translation adjustment

-150

197

-255

115

-153

-31

-46

-211

86

43

29

342

73

-2

60

-219

286

-80

36

253

-487

255

-390

-28

2

-165

88

12

-144

70

96

-106

55

-

-

-

-

-

-

Other comprehensive loss

-213

218

-222

132

-87

-63

-38

-210

78

44

37

346

75

-19

41

-206

327

-121

53

255

-450

-

-410

-39

-

-176

93

11

-144

70

97

-107

54

-

-

-

-

-

-

Net loss

-16,408

-16,096

-9,362

-4,101

-5,635

-3,430

-7,235

-338

-10,134

-2,580

-7,246

-6,883

-10,183

-8,625

-6,783

-8,206

-9,724

-10,914

-6,141

-4,891

-5,266

-5,344

-466

-2,692

-7,709

-4,980

-2,748

-1,791

-1,943

-2,021

-2,567

-1,326

-1,620

-2,079

-1,156

-947

-1,273

-1,029

-764

Comprehensive loss, net of tax

-16,621

-15,878

-9,584

-3,969

-5,722

-3,493

-7,273

-548

-10,056

-2,536

-7,209

-6,537

-10,108

-8,644

-6,742

-8,412

-9,397

-11,035

-6,088

-4,636

-5,716

-5,104

-876

-2,731

-7,709

-5,156

-2,655

-1,780

-2,087

-1,951

-2,470

-1,433

-1,566

-2,030

-1,344

-941

-1,257

-

-