CEVA INC CEVA Income Statement

Ceva inc (CEVA)

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
Revenues:
Revenues
23,615	28,312	23,471	18,400	16,969	21,401	21,413	17,494	17,569	21,601	24,044	20,575	21,287	21,196	17,846	17,103	16,508	16,071	16,235	13,359	13,834	13,821	14,098	9,215	13,674	13,966	10,005	12,813	12,116	12,967	12,006	13,592	15,112	15,952	14,847	14,388	15,052	10,675	10,609
Other revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	856	921	738	978	862
Cost of revenues
2,751	2,823	2,767	2,493	2,023	1,985	2,006	1,988	1,972	1,923	1,726	1,608	1,696	1,633	1,422	1,403	1,628	1,408	1,281	1,550	1,185	1,263	1,255	1,370	1,112	1,364	1,131	1,093	1,575	1,025	1,046	1,011	870	924	811	876	948	1,001	863
Gross profit
20,864	25,489	20,704	15,907	14,946	19,416	19,407	15,506	15,597	19,678	22,318	18,967	19,591	19,563	16,424	15,700	14,880	14,663	14,954	11,809	12,649	12,558	12,843	7,845	12,562	12,602	8,874	11,720	10,541	11,942	10,960	12,581	14,242	15,028	14,036	13,512	14,104	9,674	9,746
Operating expenses:
Research and development, net
15,113	14,250	13,873	12,390	12,330	11,999	11,897	11,843	12,016	9,972	10,031	10,509	9,873	7,767	7,346	7,811	7,914	6,938	6,571	7,241	7,363	7,328	6,453	6,051	5,996	4,937	5,619	5,621	5,039	4,695	4,637	5,425	5,486	5,730	5,158	5,405	5,250	4,129	4,505
Sales and marketing
3,168	3,554	2,832	2,956	3,021	2,859	2,727	3,399	3,176	3,150	3,057	3,427	2,938	3,077	2,763	2,855	2,845	2,810	2,384	2,548	2,426	2,614	2,611	2,197	2,393	2,821	2,376	2,540	2,355	2,603	2,235	2,104	2,289	2,287	2,099	2,327	2,224	1,664	1,776
General and administrative
3,664	3,481	3,509	2,534	2,317	2,161	2,406	2,833	2,954	3,100	2,711	2,552	2,125	2,281	2,218	2,078	1,990	2,363	2,183	1,666	1,972	1,930	2,223	1,861	2,040	2,082	2,006	1,744	1,838	2,226	1,940	1,849	1,869	2,096	2,057	1,732	1,754	1,593	1,570
Amortization of intangible assets
582	746	757	210	210	225	225	92	359	309	309	309	309	309	309	309	309	324	325	324	325	-	326	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
22,527	22,031	20,971	18,090	17,878	17,244	17,255	18,167	18,505	16,531	16,108	16,797	15,245	13,434	12,636	13,053	13,058	12,435	11,463	11,779	12,086	12,195	11,613	10,109	10,429	9,840	10,001	9,905	9,232	9,524	8,812	9,378	9,644	10,113	9,314	9,464	9,228	7,386	7,851
Operating loss
-1,663	3,458	-267	-2,183	-2,932	2,172	2,152	-2,661	-2,908	3,147	6,210	2,170	4,346	6,129	3,788	2,647	1,822	2,228	3,491	30	563	363	1,230	-2,264	2,133	2,762	-1,127	1,815	1,309	2,418	2,148	3,203	4,598	4,915	4,722	4,048	4,876	2,288	1,895
Financial income, net
831	992	603	896	800	883	831	777	927	879	821	755	571	422	615	561	441	426	401	269	-27	32	66	417	460	661	617	707	729	727	731	974	948	873	784	707	545	493	541
Other loss (Note 1)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-404	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Loss before taxes on income
-832	4,450	336	-1,287	-2,132	2,185	2,983	-1,884	-1,981	4,026	7,031	2,925	4,917	6,551	4,403	3,208	2,263	2,654	3,892	299	536	395	892	-1,847	2,593	3,423	-510	2,522	2,038	3,145	2,879	4,177	5,546	5,788	5,506	4,755	5,421	2,781	2,436
Taxes on income
353	1,388	-439	225	165	-118	440	206	201	863	1,181	-983	810	1,350	1,015	497	463	350	583	131	50	2,329	236	-321	608	295	-187	347	333	390	285	698	689	935	571	632	770	-208	313
Net loss
-1,185	3,062	775	-1,512	-2,297	2,303	2,543	-2,090	-2,182	3,163	5,850	3,908	4,107	5,201	3,388	2,711	1,800	2,304	3,309	168	486	-1,934	656	-1,526	1,985	3,128	-323	2,175	1,705	2,755	2,594	3,479	4,857	4,853	4,935	4,123	4,651	2,989	2,123
Basic and diluted net income per share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.09	-	-	-	0.02	-	0.03	-0.07	0.09	-	-0.01	-	0.08	-	-	-	-	-	-	-	-	-	-
Basic net loss per share (in dollars per share)
-0.05	0.13	0.04	-0.07	-0.10	0.10	0.12	-0.09	-0.10	0.14	0.27	0.18	0.19	-	0.16	0.13	-	-	0.16	0.01	-	-	-	-	-	-	-	0.10	-	0.12	0.12	0.15	0.21	0.21	0.21	0.18	0.20	0.14	0.10
Diluted net loss per share (in dollars per share)
-0.05	0.14	0.03	-0.07	-0.10	0.11	0.11	-0.09	-0.10	0.13	0.26	0.17	0.19	-	0.15	0.13	-	-	0.16	0.01	-	-	-	-	-	-	-	0.10	-	0.13	0.11	0.15	0.20	0.21	0.20	0.17	0.19	0.13	0.10
Weighted-average shares used to compute net loss per share (in thousands):
Basic (in shares)
22,421	43,836	21,953	21	21,917	66,094	21,997	22	22	22,028	21,946	21,712	21,398	21,251	21,025	20,604	20,520	20,490	20,448	20,564	20,418	20,196	20,355	20,778	21,159	21,680	22,072	22,087	22,197	22,286	22,526	22,873	23,507	46,172	23,390	23,107	22	21	21,061
Diluted (in shares)
22,421	44,949	22,404	21	21,917	67,539	22,428	22	22	22,811	22,683	22,563	22,187	22,080	21,883	21,371	20,926	21,203	20,811	20,984	20,958	19,453	20,667	20,778	21,590	22,572	22,072	22,546	22,670	22,721	23,019	23,449	24,239	48,170	24,253	24,165	23	22	22,069
Comprehensive income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,610	4,133	4,763	-	-
License [Member]
Revenues
14,495	14,806	11,269	10,804	11,011	10,539	9,786	10,038	10,083	9,006	14,021	10,337	9,535	8,298	7,456	7,470	8,650	8,027	8,600	7,669	7,839	7,359	8,728	4,355	7,906	7,264	3,945	6,129	5,034	4,764	4,960	5,997	6,006	8,308	5,225	5,195	5,108	4,459	4,593
Royalty [Member]
Revenues
9,120	13,506	12,202	7,596	5,958	10,862	11,627	7,456	7,486	12,595	10,023	10,238	11,752	12,898	10,390	9,633	7,858	8,044	7,635	5,690	5,995	6,462	5,370	4,860	5,768	6,702	6,060	6,684	7,082	8,203	7,046	7,595	9,106	10,159	8,766	8,272	9,206	5,238	5,154