BRIGHTCOVE INC BCOV Income Statement

Brightcove inc (BCOV)

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
Revenue:
Revenue
46,653	47,603	47,434	47,582	41,836	40,864	41,121	41,654	41,194	-	39,487	38,753	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Subscription and support revenue
-	-	-	-	-	-	-	-	-	-	-	-	34,242	-	36,203	35,080	34,653	34,098	33,184	31,917	31,811	30,570	30,450	29,929	29,375	27,229	26,535	25,575	23,777	-	21,503	-	-	-	-	-	-
Professional services and other revenue
-	-	-	-	-	-	-	-	-	-	-	-	3,330	-	2,186	1,880	1,639	1,038	653	931	1,074	812	1,077	1,074	1,730	2,517	1,992	1,326	944	-	568	-	-	-	-	-	-
Subscription and support revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,718	18,836	-	15,906	14,478	12,492
Professional services and other revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	902	1,108	-	767	802	582
Total revenue
-	-	-	-	-	-	-	-	-	-	-	-	37,572	-	38,389	36,960	36,292	35,136	33,837	32,848	32,885	31,382	31,527	31,003	31,105	29,746	28,527	26,901	24,721	24,338	22,071	21,620	19,944	18,536	16,673	15,280	13,074
Cost of revenue:
Cost of revenue
18,642	18,800	18,314	21,609	16,746	16,477	16,318	16,618	17,211	-	16,504	16,578	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of subscription and support revenue
-	-	-	-	-	-	-	-	-	-	-	-	12,154	-	11,691	11,675	11,675	10,718	10,314	10,357	10,346	9,919	9,467	9,109	9,520	7,764	7,047	7,647	6,747	-	5,822	-	-	-	-	-	-
Cost of professional services and other revenue
-	-	-	-	-	-	-	-	-	-	-	-	3,064	-	2,086	1,778	1,589	1,097	1,198	1,201	1,246	1,304	1,352	1,315	1,747	2,192	2,201	1,525	1,667	-	1,151	-	-	-	-	-	-
Cost of subscription and support revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,233	5,195	-	4,038	3,760	3,279
Cost of professional services and other revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,211	1,169	-	1,237	1,176	1,097
Total cost of revenue
-	-	-	-	-	-	-	-	-	-	-	-	15,218	-	13,777	13,453	13,264	11,815	11,512	11,558	11,592	11,223	10,819	10,424	11,267	9,956	9,248	9,172	8,414	7,603	6,973	6,444	6,364	5,635	5,275	4,936	4,376
Gross profit
28,011	28,803	29,120	25,973	25,090	24,387	24,803	25,036	23,983	23,783	22,983	22,175	22,354	23,272	24,612	23,507	23,028	23,321	22,325	21,290	21,293	20,159	20,708	20,579	19,838	19,790	19,279	17,729	16,307	16,735	15,098	15,176	13,580	12,901	11,398	10,344	8,698
Operating expenses:
Research and development
8,853	9,385	8,127	7,629	7,394	7,884	8,314	7,743	7,775	7,557	7,820	8,279	8,194	7,786	7,704	7,255	7,426	6,982	7,233	7,267	7,820	7,704	7,187	6,792	6,569	5,402	5,607	4,982	5,061	5,213	4,771	4,564	4,177	4,088	3,981	3,755	3,443
Sales and marketing
14,174	14,725	14,567	16,827	14,256	13,267	14,009	15,265	13,234	12,938	14,551	15,904	13,901	14,193	13,334	13,976	12,535	11,389	11,664	11,903	10,839	11,300	11,273	12,095	11,346	10,145	10,159	10,749	9,947	10,543	9,429	9,745	9,008	8,739	7,453	8,406	6,966
General and administrative
6,532	8,207	6,245	5,979	5,261	5,047	5,621	7,045	5,390	4,619	5,961	5,876	5,391	4,977	5,126	4,487	4,577	5,101	4,391	5,209	5,161	4,539	4,735	5,148	4,714	4,638	4,460	4,754	4,626	4,968	3,855	4,274	3,637	3,401	3,261	3,253	2,725
Merger-related
5,509	3,356	2,539	2,620	2,932	-	-	-	-	-	-	-	-	0	0	0	21	63	62	62	14	64	623	521	1,867	608	370	546	545	-	756	479	-	-	-	-	-
Total operating expenses
35,068	35,673	31,478	33,055	29,843	26,914	27,944	30,053	26,399	25,114	28,332	30,059	27,486	26,956	26,164	25,718	24,559	23,535	23,350	24,441	23,834	23,607	23,818	24,556	24,496	20,793	20,596	21,031	20,179	21,341	18,811	19,062	16,822	16,228	14,695	15,414	13,134
Loss from operations
-7,057	-6,870	-2,358	-7,082	-4,753	-2,527	-3,141	-5,017	-2,416	-1,331	-5,349	-7,884	-5,132	-3,684	-1,552	-2,211	-1,531	-214	-1,025	-3,151	-2,541	-3,448	-3,110	-3,977	-4,658	-1,003	-1,317	-3,302	-3,872	-4,606	-3,713	-3,886	-3,242	-3,327	-3,297	-5,070	-4,436
Other income (expense), net
-468	197	-441	19	-55	101	-217	-481	271	24	71	314	138	-471	-5	-91	-31	612	-127	-429	-224	-	-	-	-	-	-	-	-	135	42	-273	-263	3	-583	-261	122
Total other income (expense), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-420	-614	-294	-112	-177	104	-164	-299	-	-	-	-	-	-	-	-
Loss before income taxes
-7,525	-6,673	-2,799	-7,063	-4,808	-2,426	-3,358	-5,498	-2,145	-1,307	-5,278	-7,570	-4,994	-4,155	-1,557	-2,302	-1,562	308	-1,152	-3,580	-2,765	-3,868	-3,724	-4,271	-4,770	-1,180	-1,213	-3,466	-4,171	-4,606	-3,671	-4,159	-3,505	-3,659	-3,880	-5,331	-4,314
Provision for income taxes
328	39	171	175	175	191	144	154	112	65	118	108	79	208	61	96	45	136	123	66	66	56	81	56	67	63	55	56	38	-267	-3,280	29	29	-4	11	51	32
Consolidated net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,243	-1,268	-3,522	-4,209	-4,339	-391	-4,188	-3,534	-3,655	-3,891	-5,382	-4,346
Net income attributable to non-controlling interest in consolidated subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	20	312	220	150	52	129	87	76	69
Net loss
-7,853	-6,712	-2,970	-7,238	-4,983	-2,617	-3,502	-5,652	-2,257	-1,372	-5,396	-7,678	-5,073	-4,363	-1,618	-2,398	-1,607	172	-1,275	-3,646	-2,831	-3,924	-3,805	-4,327	-4,837	-1,243	-1,268	-3,522	-4,229	-4,651	-611	-4,338	-3,586	-3,784	-3,978	-5,458	-4,415
Accretion of dividends on redeemable convertible preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-1,466	0	733	-1,410	-1,410	-1,409	-1,410
Net loss attributable to common stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4,651	-611	-4,338	-4,319	-5,194	-5,388	-6,867	-5,825
Net loss per share - basic and diluted
-0.20	-0.17	-0.08	-0.19	-0.14	-0.07	-0.10	-0.16	-0.06	-0.04	-0.16	-0.22	-0.15	-0.13	-0.05	-0.07	-0.05	0.01	-0.04	-0.11	-0.09	-0.12	-0.12	-0.13	-0.16	-0.05	-0.04	-0.12	-0.15	-	-0.02	-	-	-	-	-	-
Net loss per share attributable to common stockholders - basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.16	0.27	-	-1.09	1.42	1.22
Weighted-average number of common shares used in computing net loss per share
38,981	38,904	38,564	37,966	36,677	-34,851,738	36,212	35,543	34,923,215	34,699	34,500	34,247	34,056	-32,658,233	33,345	32,794	32,724,850	32,712	32,636	32,548	32,495	-95,302	32,247	32,145	31,037	28,853	28,345	28,180	28,023	-70,479	27,478	27,256	15,842	-	4,939	4,832,610	-
Includes related party revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	785	906	856	932
Stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,056	1,041	-
Subscription and Support Revenue [Member]
Revenue
44,658	44,626	45,424	44,891	38,877	37,765	37,442	37,867	37,867	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenue
16,748	16,827	16,686	19,381	14,170	13,588	13,142	13,125	13,456	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Professional Services and Other Revenue [Member]
Revenue
1,995	2,977	2,010	2,691	2,959	3,099	3,679	3,787	3,327	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenue
1,894	1,973	1,628	2,228	2,576	2,889	3,176	3,493	3,755	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-