BSQUARE CORP /WA BSQR Income Statement

Bsquare corp /wa (BSQR)

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	Sep'10	Jun'10
Revenue:
Total revenue
16,729	15,366	14,641	14,180	15,096	16,839	16,694	19,203	20,678	-	19,653	18,848	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Software
-	-	-	-	-	-	-	-	-	-	-	-	-	-	19,216	18,735	20,167	19,529	21,215	23,676	21,788	20,616	19,768	17,413	18,450	21,586	18,456	16,851	16,511	20,195	19,635	17,794	18,216	15,481	17,021	17,059	18,749	19,125	17,246
Professional engineering service
-	-	-	-	-	-	-	-	-	-	-	-	3,390	2,745	3,251	4,003	5,272	5,499	5,220	5,197	4,477	4,979	4,767	5,642	4,281	4,243	5,116	4,986	4,359	5,661	5,850	6,711	7,332	7,903	7,008	6,363	7,259	6,213	9,659
Total revenue
-	-	-	-	-	-	-	-	-	-	-	-	22,841	26,797	22,467	22,738	25,439	25,028	26,435	28,873	26,265	-	24,535	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23,055	22,731	25,829	23,572	21,837	20,870	25,856	25,485	24,505	25,548	23,384	24,029	23,422	26,008	25,338	26,905
Cost of revenue:
Software
-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,281	15,459	17,161	16,205	17,698	19,956	17,078	17,300	16,760	14,874	15,555	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Software
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,351	15,965	13,955	13,167	16,018	15,730	14,757	14,607	12,877	13,856	13,108	15,269	15,588	14,032
Professional engineering service
-	-	-	-	-	-	-	-	-	-	-	-	2,474	2,562	3,509	3,386	3,982	3,907	3,864	3,685	3,738	3,531	3,812	3,916	3,641	3,962	4,238	4,089	4,356	4,813	4,913	5,358	6,139	6,219	5,369	5,207	5,489	4,709	5,097
Total cost of revenue
14,144	12,716	12,009	11,757	12,705	13,149	13,335	15,942	15,478	15,853	15,273	14,975	16,588	22,843	18,790	18,845	21,143	20,112	21,562	23,641	20,816	-	20,572	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,790	19,196	21,313	20,203	18,044	17,523	20,831	20,643	20,115	20,746	19,096	19,225	18,315	20,758	20,297	19,129
Gross profit
2,585	2,650	2,632	2,423	2,391	3,690	3,359	3,261	5,200	3,616	4,380	3,873	6,253	3,954	3,677	3,893	4,296	4,916	4,873	5,232	5,449	4,764	3,963	4,265	3,535	4,516	3,369	3,793	3,347	5,025	4,842	4,390	4,802	4,288	4,804	5,107	5,250	5,041	7,776
Operating expenses:
Selling, general and administrative
2,897	2,838	2,462	3,082	2,934	3,526	3,199	4,901	5,448	5,733	5,338	5,046	4,865	4,426	3,283	3,204	3,206	3,280	3,174	2,939	3,007	3,011	2,880	3,172	3,300	3,940	3,960	3,841	3,631	3,724	2,866	3,552	4,139	4,296	4,332	4,108	3,931	3,280	2,981
Research and development
127	475	1,046	1,894	2,336	2,029	2,292	2,078	2,230	2,180	1,588	1,446	1,347	835	809	774	441	339	312	422	566	465	360	423	432	551	804	738	663	690	861	1,108	940	984	950	985	914	766	802
Restructuring costs
-	-	253	1,376	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
3,024	4,027	3,761	6,352	5,270	9,293	5,491	6,979	7,678	7,913	6,926	6,492	6,212	5,261	4,092	3,978	3,647	3,619	3,486	3,361	3,573	3,476	3,240	3,595	3,732	4,491	4,764	4,579	4,294	4,414	3,727	4,660	5,079	5,280	5,282	5,093	4,845	4,046	3,783
Loss from operations
-439	-1,377	-1,129	-3,929	-2,879	-5,603	-2,132	-3,718	-2,478	-4,297	-2,546	-2,619	41	-1,307	-415	-85	649	1,297	1,387	1,871	1,876	1,288	723	670	-197	25	-1,395	-786	-947	611	1,115	-270	-277	-992	-478	14	405	995	3,993
Other income (loss), net
-35	33	22	61	33	51	65	47	44	66	34	59	55	43	128	55	21	8	32	68	24	17	-16	-11	-91	-	-15	25	-	-	28	103	-9	337	43	34	8	16	-5
Other income (expense), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	90	-	-	-	-	-	-	-	-	-	-
Loss before income taxes
-474	-1,344	-1,107	-3,868	-2,846	-5,552	-2,067	-3,671	-2,434	-4,231	-2,512	-2,560	96	-1,264	-287	-30	670	1,305	1,419	1,939	1,900	1,305	707	659	-288	-35	-1,410	-761	-857	-	1,143	-	-	-	-	-	-	-	-
Loss before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-167	-286	-655	-435	48	413	1,011	3,988
Income tax benefit
-	-	-	-	-	-	20	12	-	1	-44	0	-106	-3	-181	155	170	165	174	54	77	-91	16	8	105	-12	2,157	44	5	-104	533	35	-98	-153	-269	27	229	75	15
Net loss
-474	-1,360	-1,107	-3,868	-2,846	-5,533	-2,087	-3,683	-2,434	-4,232	-2,468	-2,560	202	-1,261	-106	-185	500	1,140	1,245	1,885	1,823	1,396	691	651	-393	-23	-3,567	-805	-862	696	610	-202	-188	-502	-166	21	184	936	3,973
Basic loss per share
-0.04	-0.10	-0.09	-0.30	-0.22	-0.44	-0.16	-0.29	-0.19	-0.34	-0.20	-0.20	0.02	-0.10	-0.01	-0.02	0.04	0.10	0.10	0.16	0.15	0.11	0.06	0.06	-0.03	0.00	-0.32	-0.07	-0.08	0.06	0.06	-0.02	-0.02	-0.04	-0.02	0.00	0.02	0.09	0.39
Diluted loss per share
-0.04	-0.10	-0.09	-0.30	-0.22	-0.44	-0.16	-0.29	-0.19	-0.34	-0.20	-0.20	0.02	-0.10	-0.01	-0.02	0.04	0.09	0.10	0.15	0.15	0.11	0.06	0.06	-0.03	0.00	-0.32	-0.07	-0.08	0.07	0.05	-0.02	-0.02	-0.04	-0.02	0.00	0.02	0.09	0.39
Shares used in per share calculations:
Basic
13,055	13,000	12,934	12,855	12,795	12,757	12,721	12,697	12,673	12,642	12,607	12,577	12,550	12,476	12,310	12,152	12,102	12,159	11,959	11,856	11,778	11,741	11,655	11,510	11,390	11,246	11,194	11,149	11,107	11,040	10,943	10,922	10,875	10,773	10,610	10,563	10,430	10,196	10,157
Diluted
13,055	13,000	12,934	12,855	12,795	12,757	12,721	12,697	12,673	12,344	12,607	12,577	12,848	12,047	12,310	12,152	12,531	12,858	12,466	12,295	12,057	12,215	11,832	11,715	11,390	11,246	11,194	11,149	11,107	12,525	11,474	10,922	10,875	8,533	10,610	11,529	11,704	10,390	10,287
Comprehensive loss:
Net loss
-474	-1,360	-1,107	-3,868	-2,846	-5,533	-2,087	-3,683	-2,434	-4,232	-2,468	-2,560	202	-1,261	-106	-185	500	1,140	1,245	1,885	1,823	1,396	691	651	-393	-23	-3,567	-805	-862	696	610	-202	-188	-502	-166	21	184	936	3,973
Other comprehensive income (loss)
Foreign currency translation, net of tax
-34	19	-2	-82	2	-42	15	21	-11	4	14	14	-7	-35	-78	13	21	-1	3	88	-71	-120	-97	54	77	45	56	-29	-96	-107	-65	-29	87	-	-40	-40	-	-	-
Foreign currency translation, net of tax of $(45) and $12
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-30	-	-
Unrealized gain (loss) on investments, net of tax
-1	-2	-2	-2	8	1	4	-8	10	-	-3	-2	5	1	29	2	-25	-1	1	2	-6	-	-	-	-	1	1	-2	-2	-6	6	-1	13	-10	-8	4	-1	-	-
Total other comprehensive income
-	-	-	-	-	-	-	-	-	-	11	12	-2	-34	-49	15	-4	-2	4	90	-77	-121	-97	54	77	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other comprehensive income (loss)
-35	17	-4	-84	10	-41	19	13	-1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	46	57	-31	-98	-113	-59	-30	100	-71	-48	-36	-31	-	-
Comprehensive loss
-509	-1,343	-1,111	-3,952	-2,836	-5,574	-2,068	-3,670	-2,435	-4,228	-2,457	-2,548	200	-1,295	-155	-170	496	1,138	1,249	1,975	1,746	1,275	594	705	-316	23	-3,510	-836	-960	-	551	-	-	-	-	-	153	-	-
Comprehensive loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-232	-88	-	-214	-15	-	-	-
Partner Solutions [Member]
Total revenue
15,905	-	12,556	-	13,101	-	14,241	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of revenue
13,156	-	10,762	-	11,149	-	12,003	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross profit
2,749	-	1,794	-	1,952	-	2,238	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Edge to Cloud [Member]
Total revenue
824	-	2,085	-	1,995	-	2,453	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of revenue
988	-	1,247	-	1,556	-	1,332	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross profit
-164	-	838	-	439	-	1,121	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Third Party Software [Member]
Total revenue
-	-	-	11,684	-	-	-	16,992	16,064	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of revenue
-	-	-	9,923	-	-	-	14,480	13,354	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross profit
-	-	-	1,761	-	-	-	2,512	2,710	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proprietary Software [Member]
Total revenue
-	-	-	258	-	-	-	281	1,795	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of revenue
-	-	-	86	-	-	-	100	41	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross profit
-	-	-	172	-	-	-	181	1,754	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Professional Engineering Service [Member]
Total revenue
-	-	-	2,238	-	-	-	1,930	2,819	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cost of revenue
-	-	-	1,748	-	-	-	1,362	2,083	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross profit
-	-	-	490	-	-	-	568	736	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-