Clearone inc (CLRO)
Income statement / Quarterly
Mar'20Dec'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'11Sep'10Jun'10
Revenue

5,734

6,325

5,992

6,420

6,305

7,213

6,683

6,971

7,289

9,255

10,560

10,311

11,678

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of goods sold

2,896

3,312

3,455

3,481

3,601

4,171

3,703

3,721

3,190

4,502

4,051

4,242

5,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

10,730

12,908

11,966

13,033

14,284

15,913

14,013

13,586

15,351

15,739

14,111

12,708

14,230

12,366

11,703

11,293

13,035

11,573

11,655

10,154

11,965

11,511

11,890

10,701

-

-

Revenue, Net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,359

9,937

Cost of goods sold

-

-

-

-

-

-

-

-

-

-

-

-

-

5,040

5,240

4,302

4,568

5,206

5,725

5,022

5,124

5,434

6,099

6,047

5,006

5,681

4,921

4,839

4,294

5,625

4,856

4,562

4,046

4,855

4,534

4,734

4,399

4,105

4,276

Gross profit

2,838

3,013

2,537

2,939

2,704

3,042

2,980

3,250

4,099

4,753

6,509

6,069

6,678

5,690

7,668

7,664

8,465

9,078

10,188

8,991

8,462

9,917

9,640

8,064

7,702

8,549

7,445

6,864

6,999

7,410

6,717

7,093

6,108

7,110

6,977

7,156

6,302

6,254

5,661

Operating expenses:
Sales and marketing

1,739

1,814

1,907

2,261

1,953

2,112

2,168

2,760

2,868

2,603

3,006

2,646

2,741

2,337

2,389

2,681

2,625

2,519

2,752

2,753

2,622

2,723

2,791

2,976

2,737

2,321

2,220

2,088

2,267

1,903

1,821

2,254

2,134

10,025

2,184

-2,106

-1,983

2,124

2,183

Research and product development

1,344

1,453

1,428

1,307

1,587

2,083

1,781

1,920

2,056

2,395

2,268

2,322

2,357

2,102

2,116

2,096

2,270

2,191

2,132

2,054

1,941

2,084

2,314

2,330

2,241

2,065

1,788

1,843

1,866

2,265

1,959

2,029

2,008

8,785

1,796

-1,816

-1,637

2,243

1,744

General and administrative

1,506

1,715

1,300

1,475

1,555

1,450

1,341

1,542

1,617

1,564

1,281

2,210

2,106

2,421

1,739

1,567

1,598

1,806

1,796

1,891

2,000

1,901

1,571

1,712

1,968

1,777

1,405

1,437

1,797

2,373

1,470

1,611

1,480

6,927

1,333

-1,361

-1,472

1,106

1,214

Impairment of an intangible asset

-

-

-

-

-

-

-

-

-

-

736

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of an intangible asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of goodwill

-

-

-

-

-

-

-

-

-

-

12,724

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from litigation, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

272

-

-

38,250

0

0

250

-

3,702

-

0

-

-

Total operating expenses

4,589

4,982

4,635

5,043

5,095

5,645

5,290

6,222

6,541

5,805

20,015

7,178

7,204

6,840

6,244

6,344

6,493

6,516

6,680

6,698

6,563

6,708

6,676

7,018

6,946

5,796

5,141

5,368

5,930

-31,709

5,250

5,894

5,372

4,987

1,611

5,283

5,092

5,473

5,141

Operating loss

-1,751

-1,969

-2,098

-2,104

-2,391

-2,603

-2,310

-2,972

-2,442

-1,052

-13,506

-1,109

-526

-1,150

1,424

1,320

1,972

2,562

3,508

2,293

1,899

3,209

2,964

1,046

756

2,753

2,304

1,496

1,069

39,119

1,467

1,199

736

2,123

5,366

1,873

1,210

781

520

Interest expense

108

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income, net

35

-25

142

51

42

2

5

49

24

36

78

84

102

117

100

84

11

-

54

85

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss before income taxes

-1,824

-1,994

-1,956

-2,053

-2,349

-2,601

-2,305

-2,923

-2,418

-1,016

-13,428

-1,025

-424

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

104

-

70

64

81

29

85

47

-14

-6

29

-5

16

10

-4

7

11

-

-

Nonoperating Income (Expense)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12

-

Income (loss) before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,524

1,404

1,983

-

3,562

2,378

2,003

3,248

3,034

1,110

837

2,782

2,389

1,543

1,055

39,113

1,496

1,194

752

2,133

5,362

1,880

1,221

793

520

Provision for (benefit from) income taxes

23

-

20

45

-

-65

7,837

-760

-572

2,592

-4,152

-205

44

1,285

315

449

-615

1,036

1,145

863

731

613

1,440

228

352

3,490

-726

-498

324

-14,598

-492

-544

-274

-4,686

1,987

-559

-409

194

167

Net loss

-1,847

-1,985

-1,976

-2,098

-2,349

-2,536

-10,142

-2,163

-1,846

-3,608

-9,276

-820

-468

-1,088

1,209

955

1,368

1,572

2,417

1,515

1,272

2,635

1,594

882

485

1,740

1,663

1,045

731

24,515

1,004

650

478

1,421

3,375

1,321

812

-

-

Basic weighted average shares outstanding (in shares)

16,650

16,646

16,646

16,630

16,630

10,855

8,306

8,301

8,307

8,380

8,520

8,638

8,768

8,857

8,921

9,112

9,196

9,150

9,139

9,119

9,100

9,119

9,198

9,266

9,082

8,983

9,027

9,093

9,152

9,109

9,113

9,107

9,098

9,097

9,089

8,992

8,931

8,929

8,929

Diluted weighted average shares outstanding (in shares)

16,650

16,646

16,646

16,630

16,630

10,855

8,306

8,301

8,307

8,380

8,520

8,638

8,768

9,184

9,164

9,362

9,513

9,650

9,615

9,603

9,508

9,480

9,607

9,677

9,558

9,561

9,406

9,459

9,394

9,192

9,193

9,226

9,246

9,172

9,358

9,433

9,122

9,108

9,045

Basic loss per share (in dollars per share)

-0.11

-0.12

-0.12

-0.13

-0.14

-0.17

-1.22

-0.26

-0.22

-0.42

-1.09

-0.09

-0.05

-0.12

0.14

0.10

0.15

0.17

0.26

0.17

0.14

0.29

0.17

0.10

0.05

0.20

0.18

0.11

0.08

2.70

0.11

0.07

0.05

0.16

0.37

0.15

0.09

0.11

0.04

Diluted loss per share (in dollars per share)

-0.11

-0.12

-0.12

-0.13

-0.14

-0.17

-1.22

-0.26

-0.22

-0.42

-1.09

-0.09

-0.05

-0.11

0.13

0.10

0.14

0.17

0.25

0.16

0.13

0.27

0.17

0.09

0.05

0.18

0.18

0.11

0.08

2.66

0.11

0.07

0.05

0.16

0.36

0.14

0.09

0.11

0.04

Comprehensive loss:
Net loss

-1,847

-1,985

-1,976

-2,098

-2,349

-2,536

-10,142

-2,163

-1,846

-3,608

-9,276

-820

-468

-1,088

1,209

955

1,368

1,572

2,417

1,515

1,272

2,635

1,594

882

485

1,740

1,663

1,045

731

24,515

1,004

650

478

1,421

3,375

1,321

812

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,417

1,515

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

987

353

Other comprehensive income/loss:
Unrealized gain (loss) on available-for-sale securities, net of tax

-23

-8

-78

84

70

55

-22

-1

-70

-32

10

20

38

-180

-39

97

121

-76

17

-77

55

-46

-78

65

73

55

55

-87

0

-

0

0

-

-

-

-

-

-

-

Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Parent

-34

5

-50

9

-27

-27

-13

-60

22

17

23

52

12

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in foreign currency translation adjustment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7

-20

33

-

-8

129

-

-45

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in foreign currency translation adjustment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-180

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive loss

-1,904

-1,988

-2,104

-2,005

-2,306

-2,508

-10,177

-2,224

-1,894

-3,623

-9,243

-748

-418

-1,326

1,177

1,032

1,522

1,478

2,426

1,567

1,147

2,544

1,516

947

558

1,795

1,718

958

731

-

1,004

650

-

-

-

-

-

-

-