Cinedigm corp. (CIDM)
Income statement / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10
Revenues

11,512

10,241

9,803

12,069

14,643

13,744

13,078

17,673

18,492

16,278

15,240

90,394

24,445

23,880

22,475

104,449

30,708

27,704

22,828

27,630

31,276

23,721

22,857

31,664

34,885

19,242

18,537

15,800

21,779

22,609

20,904

17,695

19,793

21,028

18,041

7,885

16,087

15,117

19,350

Costs and expenses:
Direct operating (excludes depreciation and amortization shown below)

5,726

4,087

3,612

3,833

5,246

3,616

3,425

5,053

6,363

4,041

4,066

25,121

7,287

4,902

5,691

31,341

8,512

8,388

7,292

9,184

9,110

3,311

8,504

9,375

11,013

4,753

3,779

1,033

2,119

2,928

2,435

1,648

2,104

1,697

1,593

-3,659

861

2,188

4,939

Selling, general and administrative

2,997

4,988

5,849

8,206

6,425

6,487

6,543

6,630

9,259

6,247

6,318

23,776

6,095

5,239

6,432

33,367

7,610

9,509

9,616

7,714

7,484

8,213

7,709

9,076

6,949

4,104

6,204

3,171

5,435

6,306

5,893

3,933

4,303

4,071

3,410

-154

2,787

3,668

5,476

Research and development

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

36

38

13

72

35

55

17

77

97

65

(Recovery) provision for doubtful accounts

-5

56

270

375

113

1,067

65

-589

631

949

0

1,213

416

0

-

789

0

0

339

0

-378

78

94

167

33

132

62

252

72

78

76

459

0

0

0

-86

4

122

104

Merger and acquisition expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1,267

604

0

0

0

-

-

-

-

Restructuring expenses, net

-

-

-

-

-

-

-

-

-

-

-

-

22

20

90

-

576

63

133

-

-

-

-

-

3,921

-

-

-

0

340

-

-

832

0

-

-

0

-

-

Restructuring expenses

-

-

-

-

-

-

-

-

-

-

-

87

-

-

-

1,130

-

-

-

388

487

817

946

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18,000

0

18,000

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Litigation recovery, net of expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

225

1,208

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Litigation settlement (recovery) net of expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-578

-91

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Litigation Settlement, Amount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,228

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization of property and equipment

1,594

1,609

1,774

1,861

2,074

2,076

2,089

2,197

2,213

3,645

4,357

27,722

6,271

7,763

8,524

37,344

9,428

9,427

9,357

9,352

9,400

9,391

9,376

9,388

9,444

9,212

9,245

9,022

9,120

9,120

9,097

9,146

8,996

8,869

8,854

7,514

8,127

8,114

8,161

Amortization of intangible assets

589

594

995

1,440

1,397

1,395

1,395

1,395

1,395

1,395

1,395

5,718

1,395

1,464

1,463

5,852

1,463

1,463

1,459

1,053

1,462

1,464

1,885

1,418

1,228

409

418

425

732

223

158

41

84

77

92

-555

83

84

721

Total operating expenses

10,901

11,334

12,500

15,739

15,255

14,641

13,517

14,686

19,861

16,277

16,136

83,637

21,486

19,388

22,200

125,595

27,364

45,642

28,196

34,304

28,143

23,365

28,514

27,036

32,588

18,610

19,708

13,079

17,478

19,031

18,964

16,219

16,391

14,749

14,004

4,480

11,939

14,273

19,466

Income (loss) from operations

611

-1,093

-2,697

-3,670

-612

-897

-439

2,987

-1,369

1

-896

6,757

2,959

4,492

275

-21,146

3,344

-17,938

-5,368

-6,674

3,133

356

-5,657

4,628

2,297

632

-1,171

2,721

4,301

3,578

1,940

1,476

3,402

6,279

4,037

3,405

4,148

844

-116

Interest income

-

-

-

-

-

-

-

-

-

-

-

73

-

-

-

82

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19

44

21

24

51

15

34

38

67

Interest expense, net

1,618

1,813

2,282

2,432

2,593

2,572

2,695

3,087

3,147

3,975

4,041

19,068

4,827

5,111

4,935

20,642

5,158

5,192

5,130

4,942

4,929

4,993

5,035

5,248

5,051

4,532

4,924

6,869

6,690

7,278

7,477

22,494

7,603

-7,569

7,371

6,716

6,799

6,645

6,831

Debt conversion expense and loss on extinguishment of notes payable

-

-

-

-

-

-

-

-

-

-

-

-5,415

-

-

-

-931

0

0

-931

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-4,448

Debt conversion expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on termination of capital lease

-

-

-

-

-

-

-

-

-

-

-

2,535

2,535

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gains (Losses) on Extinguishment of Debt and Debt Conversion Expense

-

-

-

-

-

-

-

-

-1,299

-3,205

-

-

-1,099

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Loss) income on investment in non-consolidated entity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-560

-1,252

-1,018

678

631

31

-167

-343

0

0

-

0

-

-

Other expense, net

-1,019

-155

-13

-56

-12

-18

-10

-35

-40

-133

-69

31

-55

141

125

513

274

124

108

36

-31

-39

139

174

23

113

134

161

102

193

198

306

175

385

46

-23

-100

-159

-151

Change in fair value of interest rate derivatives

-

-

-

-

-

-

-

30

44

43

40

142

39

38

27

-40

34

-68

2

-160

-106

84

-259

-117

38

-71

829

-

-

-

-

-

-

-

-

-

-

-

-

Loss from operations before income taxes

-2,026

-3,061

-4,992

-

-3,217

-3,487

-3,144

-

-5,811

-7,269

-4,966

-

-448

-440

-4,508

-

-1,506

-23,074

-11,319

-

-1,933

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of interest rate derivatives

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

349

255

421

171

597

219

-787

-

-

-1,891

5,033

Loss from operations before income taxes

-

-

-

-

-

-

-

-

-

-

-

-14,945

-

-

-

-42,164

-

-

-

-

-

-

-

-

-

-

-

-16,400

-1,260

-2,621

-4,868

-

-

-

-

-

-

-

-

Income Tax Expense (Benefit)

136

27

47

101

55

0

139

-94

113

196

186

252

33

43

67

345

470

0

0

-

0

-

-

-

-

-

-

75

0

0

-5,019

-

-

-

-

-

-

-

-

Change in fair value of warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

Change in fair value of interest rate swaps

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-199

318

-987

-458

Net loss

-

-

-

-

-

-

-

-

-

-

-

-15,197

-

-

-

-42,509

-

-

-

-11,639

-1,933

-4,592

-10,812

-465

-2,693

-4,418

-6,384

-16,475

-1,260

-2,621

151

-5,526

-3,751

-662

-4,024

-3,518

-2,399

-8,800

-6,904

(Loss) income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-342

293

149

-2,862

-7,689

-749

-604

-63

-524

10

-284

3,445

-6,889

432

-2,369

-4,366

-1,681

-2,035

-155

Loss on sale of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-3,045

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-2,162

-3,088

-5,039

-

-3,272

-3,487

-3,283

-

-5,924

-7,465

-5,152

-

-481

-483

-4,575

-6,140

-1,976

-23,074

-11,319

-11,887

-2,275

-7,344

-10,663

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (income) loss attributable to noncontrolling interest

7

7

-6

6

-14

-8

-16

-9

-15

-11

-6

-68

-18

-15

-21

-767

487

-741

-434

-861

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to controlling interests

-2,169

-3,095

-5,033

-6,229

-3,258

-3,479

-3,267

55

-5,909

-7,454

-5,146

-15,129

-463

-468

-4,554

-41,742

-2,463

-22,333

-10,885

-11,026

-2,275

-7,344

-10,663

-3,327

-10,382

-5,167

-6,988

-16,538

-1,784

-2,611

-133

-5,777

-10,640

-230

-6,393

-7,262

-4,080

-10,835

-7,059

Preferred stock dividends

89

89

89

89

89

89

89

89

89

89

89

356

89

89

89

356

89

89

89

89

89

89

89

89

89

89

89

89

89

89

89

267

89

-89

89

-

100

-

-

Preferred stock dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

105

100

Net loss attributable to common stockholders

-2,258

-3,184

-5,122

-6,318

-3,347

-3,568

-3,356

-34

-5,998

-7,543

-5,235

-15,485

-552

-557

-4,643

-42,098

-2,552

-22,422

-10,974

-11,115

-2,364

-7,433

-10,752

-3,416

-10,471

-5,256

-7,077

-16,627

-1,873

-2,700

-222

-5,866

-10,729

-319

-6,482

-7,351

-4,180

-10,940

-7,159

Net loss per Class A common stock attributable to common stockholders - basic and diluted:
Loss from continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3.48

-0.03

-0.06

-0.14

0.02

-0.05

-0.09

-0.13

-0.34

-0.03

-0.06

0.00

-

-0.10

-0.02

-

-

-

-

-

Loss from discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-0.04

-

-0.06

-0.12

-0.01

-0.02

0.00

-0.01

0.00

-0.01

-

-0.18

0.01

-

-

-

-

-

Net loss attributable to common stockholders (in dollars per share)

-0.05

-0.08

-0.13

-0.17

-0.09

-0.09

-0.09

0.47

-0.20

-0.60

-0.48

-1.92

-0.07

-0.08

-0.70

-6.51

-0.40

-3.55

-1.63

-3.85

-0.03

-0.10

-0.14

-0.04

-0.17

-0.10

-0.15

-0.34

-0.04

-0.06

-0.01

-

-0.28

-0.01

-

-

-

-

-

Weighted average number of Class A and Class B common stock outstanding: basic and diluted (in shares)

42,418

41,439

38,351

38,309

38,033

37,696

37,639

39,458

29,389

12,650

10,920

8,049

8,361

7,235

6,623

6,467

6,366

6,323

6,732

-199,465

76,863

76,748

76,567

65,330

61,729

52,920

48,357

48,328

48,320

48,299

45,119

-

37,620

37,115

-

-

-

-

-

Loss from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.12

-0.11

-0.08

-0.29

-0.23

Loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.08

-0.12

-0.05

-0.07

-0.01

Earnings per share-basic

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.20

-

-

-0.36

-0.24

Weighted average number of Class A and Class B common shares outstanding: basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

32,632

123,085,361

31,330

30,294

29,421