Bridgeline Digital, Inc. BLIN Income Statement

Bridgeline digital, inc. (BLIN)

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	Jun'10
Net revenue:
Net revenue
2,738	2,832	2,688	2,693	2,196	2,375	2,803	3,083	3,713	3,969	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Digital engagement services
-	-	-	-	-	-	-	-	-	-	-	-	-	2,026	1,909	1,849	2,389	2,373	2,659	2,956	3,057	3,231	3,977	4,233	3,610	4,549	4,970	4,276	4,489	4,850	5,464	5,055	5,441	5,308	5,465	5,483	5,381	5,544	4,813
Subscription and perpetual licenses
-	-	-	-	-	-	-	-	-	-	-	-	-	1,725	1,509	1,530	1,522	1,523	1,548	1,505	1,359	1,380	1,355	1,510	1,307	1,577	1,274	915	1,024	787	612	686	620	593	598	540	731	519	537
Managed service hosting
-	-	-	-	-	-	-	-	-	-	-	-	-	240	307	317	320	347	342	415	371	401	438	409	385	387	465	409	491	556	659	631	611	616	530	509	501	466	450
Net revenue
-	-	-	-	-	-	-	-	-	-	4,234	4,074	3,994	3,991	3,725	3,696	4,231	4,243	4,549	4,876	4,787	5,012	5,770	6,152	5,302	6,513	6,709	5,600	6,004	6,193	6,735	6,372	6,672	6,517	6,593	6,532	6,613	6,529	5,800
Cost of revenue:
Cost of revenue
1,184	1,311	921	1,491	1,607	1,341	1,366	1,534	1,891	1,957	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Digital engagement services
-	-	-	-	-	-	-	-	-	-	-	-	-	1,128	1,033	1,221	1,435	1,454	1,547	2,114	2,513	2,564	2,528	2,531	2,669	2,503	2,525	2,341	2,494	2,754	2,712	2,611	2,771	2,855	2,916	2,978	2,963	3,014	2,404
Subscription and perpetual licenses
-	-	-	-	-	-	-	-	-	-	-	-	-	496	412	391	474	558	628	473	463	430	423	422	452	397	362	330	247	168	113	117	100	120	160	161	178	182	178
Managed service hosting
-	-	-	-	-	-	-	-	-	-	-	-	-	71	72	76	79	77	83	76	74	74	62	66	68	84	93	76	76	72	83	98	85	106	88	94	115	146	94
Cost of revenue
-	-	-	-	-	-	-	-	-	-	1,914	1,835	1,716	1,695	1,517	1,688	1,988	2,089	2,258	2,663	3,050	3,068	3,013	3,019	3,189	2,984	2,980	2,747	2,817	2,994	2,908	2,826	2,956	3,081	3,164	3,233	3,256	3,342	2,676
Gross profit
1,554	1,521	1,767	1,202	589	1,034	1,437	1,549	1,822	2,012	2,320	2,239	2,278	2,296	2,208	2,008	2,243	2,154	2,291	2,213	1,737	1,944	2,757	3,133	2,113	3,529	3,729	2,853	3,187	3,199	3,827	3,546	3,716	3,436	3,429	3,299	3,357	3,187	3,124
Operating expenses:
Sales and marketing
786	1,076	1,797	1,268	945	814	1,151	892	878	1,030	1,146	1,193	1,174	1,294	1,407	1,212	1,247	1,068	1,171	1,245	1,534	1,810	1,958	1,992	1,928	2,110	2,320	2,275	2,164	1,834	2,204	1,965	1,846	1,715	1,684	1,631	1,779	1,644	1,427
Support
-	-	-	201	-	-	-	99	72	74	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative
723	754	939	785	744	778	696	625	795	736	861	801	803	791	795	1,035	764	862	826	980	1,136	993	1,084	1,110	1,167	1,031	1,034	1,140	946	1,354	1,007	923	1,001	1,000	890	1,066	1,022	897	1,045
Research and development
426	390	686	592	489	418	383	406	408	407	412	393	422	360	432	428	377	341	459	373	467	602	671	613	579	523	471	515	247	132	203	370	480	403	566	448	470	382	259
Depreciation and amortization
249	258	259	257	78	26	51	93	104	108	114	126	157	185	287	328	338	356	379	422	442	452	484	510	551	454	464	412	390	424	433	446	435	415	334	325	333	348	321
Goodwill impairment
-	-	0	0	0	3,732	-	4,615	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring and acquisition related expenses
367	5	-	-	304	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring and acquisition related expenses
-	-	-	938	-	-	-	6	181	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring charges
-	-	-	-	-	-	-	-	-	-	-	49	169	31	-	16	194	586	496	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of intangible asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	281	-	-	-	-	-
Total operating expenses
2,551	2,483	3,291	4,041	2,560	5,768	2,280	6,736	2,438	2,355	2,570	2,562	2,725	2,661	3,004	3,019	2,920	3,213	13,831	3,020	3,579	3,857	4,197	4,225	4,225	4,118	4,289	4,342	3,747	3,744	3,847	3,704	3,762	3,814	3,474	3,470	3,604	3,271	3,052
Loss from operations
-997	-962	-1,524	-2,839	-1,971	-4,734	-843	-5,187	-616	-343	-250	-323	-447	-365	-796	-1,011	-677	-1,059	-11,540	-807	-1,842	-1,913	-1,440	-1,092	-2,112	-589	-560	-1,489	-560	-545	-20	-158	-46	-378	-45	-171	-247	-84	72
Interest expense and other, net
-1	-	-128	7	-104	-79	-45	-70	-64	-86	-79	-9	-82	-31	-48	-287	-296	-283	-249	-278	-203	-162	-215	-190	-167	-167	-	-	-59	-76	-42	-98	-72	-64	-45	-54	-61	-51	-16
Amortization of debt discount
-	-	0	140	-221	-150	-	-28	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warrant liability expense
-	-	-	-	11,272	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of warrant liabilities
-1,820	-	-	-	-1,046	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of warrant liabilities
-	1,101	-	-	-	12	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income, net
-	-	-	10,146	-	-	-	133	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on inducement of debt (convertible notes)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	726	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) before income taxes
822	139	689	7,314	-12,522	-4,951	-961	-5,152	-680	-429	-329	-332	-529	-396	-3,532	-2,024	-973	-1,342	-	-	-	-	-	-	-	-	-	-	-	-	-	-256	-118	-	-	-	-	-	-
Other expense, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-59	-	-	-	-	-	-	-	-	-	-	-
Loss before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,085	-2,045	-2,075	-1,655	-1,282	-2,279	-756	-639	-1,548	-619	-621	-	-	-	-442	-90	-225	-308	-135	56
Provision for income taxes
0	3	-3	3	0	4	-14	10	0	1	3	0	1	12	-93	8	32	6	-314	25	28	35	163	24	35	21	61	21	68	21	-22	21	48	21	-39	21	21	21	21
Net income (loss)
822	136	692	7,311	-12,522	-4,955	-947	-5,162	-680	-430	-332	-332	-530	-408	-3,439	-2,032	-1,005	-1,348	-11,475	-1,110	-2,073	-2,110	-1,818	-1,306	-2,314	-777	-700	-1,569	-687	-642	-	-	-	-463	-51	-246	-329	-156	35
Dividends on convertible preferred stock
27	79	80	78	78	79	79	79	77	75	74	71	68	68	34	33	32	32	32	31	30	21	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deemed dividend on amendment of Series A convertible preferred stock
0	2,314	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) applicable to common shareholders
795	-2,257	612	7,233	-12,600	-5,034	-1,026	-5,241	-757	-505	-406	-403	-598	-476	-3,473	-2,065	-1,037	-1,380	-11,507	-1,141	-2,103	-2,131	-1,818	-1,306	-2,314	-777	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) per share attributable to common shareholders:
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-277	-166	-	-	-	-	-	-
Basic (in dollars per share)
0.25	-0.81	52.61	3.62	-41.52	-22.87	-	-61.78	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00
Diluted (in dollars per share)
0.17	-0.81	52.67	3.56	-41.52	-22.87	-	-61.78	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00
Basic and diluted (in dollars per share)
-	-	-	-	-	-	-	-	-8.95	-0.12	-0.09	-0.10	-0.14	-0.12	-2.72	-1.03	-0.20	-0.25	-2.64	-0.26	-0.49	-0.49	-0.58	-0.31	-0.65	-0.04	-0.04	-0.10	-0.05	-0.04	0.00	-0.02	-0.01	-0.04	-11,883,860.01	-0.02	-0.03	11,883,860.00	-
Number of weighted average shares outstanding:
Basic (in shares)
3,124	2,798	2,277	1,996	303	220	-	84	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,188,208
Diluted (in shares)
4,412	2,798	2,240	2,032	303	220	-	84	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0	11,529,013
Basic and diluted (in shares)
-	-	-	-	-	-	-	-	84	4,200	4,200	4,195	4,180	4,011	-4,863	2,003	5,267	5,164	4,439	4,348	4,271	4,343	-9,826	4,259	3,558	17,760	17,534	15,037	14,878	14,782	14,707	12,971	12,338	12,319	-	12,306	12,254	-	-
Service [Member]
Net revenue
899	1,096	1,015	1,118	911	1,073	1,355	1,578	1,921	2,060	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenue
457	583	592	573	571	855	807	977	1,292	1,397	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
License [Member]
Net revenue
1,839	1,736	928	1,322	1,285	1,302	1,242	1,262	1,499	1,606	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenue
727	728	130	834	1,036	486	508	510	513	480	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Technology Service [Member]
Net revenue
-	-	-	253	-	-	206	243	293	303	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenue
-	-	-	84	-	-	51	47	86	80	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-