Bridgeline Digital, Inc. BLIN Income Statement

Bridgeline digital, inc. (BLIN)

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	Dec'10	Jun'10
Net revenue:
Net revenue
10,951	10,409	9,952	10,067	10,457	11,974	13,568	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Digital engagement services
-	-	-	-	-	-	-	-	-	-	-	-	-	8,173	8,520	9,270	10,377	11,045	11,903	13,221	14,498	15,051	16,369	17,362	17,405	18,284	18,585	19,079	19,858	20,810	21,268	21,269	21,697	21,637	21,873	21,221	0	0	0
Subscription and perpetual licenses
-	-	-	-	-	-	-	-	-	-	-	-	-	6,286	6,084	6,123	6,098	5,935	5,792	5,599	5,604	5,552	5,749	5,668	5,073	4,790	4,000	3,338	3,109	2,705	2,511	2,497	2,351	2,462	2,388	2,327	0	0	0
Managed service hosting
-	-	-	-	-	-	-	-	-	-	-	-	-	1,184	1,291	1,326	1,424	1,475	1,529	1,625	1,619	1,633	1,619	1,646	1,646	1,752	1,921	2,115	2,337	2,457	2,517	2,388	2,266	2,156	2,006	1,926	0	0	0
Net revenue
-	-	-	-	-	-	-	-	-	-	16,293	15,784	15,406	15,643	15,895	16,719	17,899	18,455	19,224	20,445	21,721	22,236	23,737	24,676	24,124	24,826	24,506	24,532	25,304	25,972	26,296	26,154	26,314	26,255	26,267	25,474	0	0	0
Cost of revenue:
Cost of revenue
4,907	5,330	5,360	5,805	5,848	6,132	6,748	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Digital engagement services
-	-	-	-	-	-	-	-	-	-	-	-	-	4,817	5,143	5,657	6,550	7,628	8,738	9,719	10,136	10,292	10,231	10,228	10,038	9,863	10,114	10,301	10,571	10,848	10,949	11,153	11,520	11,712	11,871	11,359	0	0	0
Subscription and perpetual licenses
-	-	-	-	-	-	-	-	-	-	-	-	-	1,773	1,835	2,051	2,133	2,122	1,994	1,789	1,738	1,727	1,694	1,633	1,541	1,336	1,107	858	645	498	450	497	541	619	681	699	0	0	0
Managed service hosting
-	-	-	-	-	-	-	-	-	-	-	-	-	298	304	315	315	310	307	286	276	270	280	311	321	329	317	307	329	338	372	377	373	403	443	449	0	0	0
Cost of revenue
-	-	-	-	-	-	-	-	-	-	7,160	6,763	6,616	6,888	7,282	8,023	8,998	10,060	11,039	11,794	12,150	12,289	12,205	12,172	11,900	11,528	11,538	11,466	11,545	11,684	11,771	12,027	12,434	12,734	12,995	12,507	0	0	0
Gross profit
6,044	5,079	4,592	4,262	4,609	5,842	6,820	7,703	8,393	8,849	9,133	9,021	8,790	8,755	8,613	8,696	8,901	8,395	8,185	8,651	9,571	9,947	11,532	12,504	12,224	13,298	12,968	13,066	13,759	14,288	14,525	14,127	13,880	13,521	13,272	12,967	0	0	0
Operating expenses:
Sales and marketing
4,927	5,086	4,824	4,178	3,802	3,735	3,951	3,946	4,247	4,543	4,807	5,068	5,087	5,160	4,934	4,698	4,731	5,018	5,760	6,547	7,294	7,688	7,988	8,350	8,633	8,869	8,593	8,477	8,167	7,849	7,730	7,210	6,876	6,809	6,738	6,481	0	0	0
Support
-	-	-	0	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative
3,201	3,222	3,246	3,003	2,843	2,894	2,852	3,017	3,193	3,201	3,256	3,190	3,424	3,385	3,456	3,487	3,432	3,804	3,935	4,193	4,323	4,354	4,392	4,342	4,372	4,151	4,474	4,447	4,230	4,285	3,931	3,814	3,957	3,978	3,875	4,030	0	0	0
Research and development
2,094	2,157	2,185	1,882	1,696	1,615	1,604	1,633	1,620	1,634	1,587	1,607	1,642	1,597	1,578	1,605	1,550	1,640	1,901	2,113	2,353	2,465	2,386	2,186	2,088	1,756	1,365	1,097	952	1,185	1,456	1,819	1,897	1,887	1,866	1,559	0	0	0
Depreciation and amortization
1,023	852	620	412	248	274	356	419	452	505	582	755	957	1,138	1,309	1,401	1,495	1,599	1,695	1,800	1,888	1,997	1,999	1,979	1,881	1,720	1,690	1,659	1,693	1,738	1,729	1,630	1,509	1,407	1,340	1,327	0	0	0
Goodwill impairment
-	-	3,732	8,347	0	0	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring and acquisition related expenses
0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring and acquisition related expenses
-	-	-	0	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring charges
-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	1,292	1,276	1,082	496	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of intangible asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	281	0	0	0	-	-	-	-	-
Total operating expenses
12,366	12,375	15,660	14,649	17,344	17,222	13,809	14,099	9,925	10,212	10,518	10,952	11,409	11,604	12,156	22,983	22,984	23,643	24,287	14,653	15,858	16,504	16,765	16,857	16,974	16,496	16,122	15,680	15,042	15,057	15,127	14,754	14,520	14,362	13,819	13,397	0	0	0
Loss from operations
-6,322	-7,296	-11,068	-10,387	-12,735	-11,380	-6,989	-6,396	-1,532	-1,363	-1,385	-1,931	-2,619	-2,849	-3,543	-14,287	-14,083	-15,248	-16,102	-6,002	-6,287	-6,557	-5,233	-4,353	-4,750	-3,198	-3,154	-2,614	-1,283	-769	-602	-627	-640	-841	-547	-430	0	0	0
Interest expense and other, net
0	-	-304	-221	-298	-258	-265	-299	-238	-256	-201	-170	-448	-662	-914	-1,115	-1,106	-1,013	-892	-858	-770	-734	-739	0	0	0	-	-	-275	-288	-276	-279	-235	-224	-211	-182	0	0	0
Amortization of debt discount
-	-	-231	-259	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warrant liability expense
-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of warrant liabilities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of warrant liabilities
-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income, net
-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on inducement of debt (convertible notes)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) before income taxes
8,964	-4,380	-9,470	-11,120	-23,586	-11,744	-7,222	-6,590	-1,770	-1,619	-1,586	-4,789	-6,481	-6,925	-7,871	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-
Other expense, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Loss before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6,860	-7,057	-7,291	-5,972	-4,956	-5,222	-3,562	-3,427	0	0	0	-	-	-	-1,065	-758	-612	0	0	0
Provision for income taxes
3	3	4	-7	0	0	-3	14	4	5	16	-80	-72	-41	-47	-268	-251	-255	-226	251	250	257	243	141	138	171	171	88	88	68	68	51	51	24	24	84	0	0	0
Net income (loss)
8,961	-4,383	-9,474	-11,113	-23,586	-11,744	-7,219	-6,604	-1,774	-1,624	-1,602	-4,709	-6,409	-6,884	-7,824	-15,860	-14,938	-16,006	-16,768	-7,111	-7,307	-7,548	-6,215	-5,097	-5,360	-3,733	-3,598	0	0	0	-	-	-	-1,089	-782	-696	0	0	0
Dividends on convertible preferred stock
264	315	315	314	315	314	310	305	297	288	281	241	203	167	131	129	127	125	114	82	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deemed dividend on amendment of Series A convertible preferred stock
0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) applicable to common shareholders
6,383	-7,012	-9,789	-11,427	-23,901	-12,058	-7,529	-6,909	-2,071	-1,912	-1,883	-4,950	-6,612	-7,051	-7,955	-15,989	-15,065	-16,131	-16,882	-7,193	-7,358	-7,569	-6,215	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) per share attributable to common shareholders:
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-
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
4,128	4,140	4,117	4,457	4,917	5,927	6,914	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenue
2,205	2,319	2,591	2,806	3,210	3,931	4,473	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
License [Member]
Net revenue
5,825	5,271	4,837	5,151	5,091	5,305	5,609	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenue
2,419	2,728	2,486	2,864	2,540	2,017	2,011	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Technology Service [Member]
Net revenue
-	-	-	957	-	-	1,045	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenue
-	-	-	273	-	-	264	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-