Clearone inc (CLRO)
Income statement / TTM
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

24,471

25,042

25,930

26,621

27,172

28,156

30,198

34,075

37,415

41,804

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of goods sold

13,144

13,849

14,708

14,956

15,196

14,785

15,116

15,464

15,985

17,795

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

48,637

52,191

55,196

57,243

57,796

58,863

58,689

58,787

57,909

56,788

53,415

51,007

49,592

48,397

47,604

47,556

46,417

45,347

45,285

45,520

46,067

0

0

0

-

-

Revenue, Net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Cost of goods sold

-

-

-

-

-

-

-

-

-

-

-

-

-

19,150

19,316

19,801

20,521

21,077

21,305

21,679

22,704

22,586

22,833

21,655

20,447

19,735

19,679

19,614

19,337

19,089

18,319

17,997

18,169

18,522

17,772

17,514

0

0

0

Gross profit

11,327

11,193

11,222

11,665

11,976

13,371

15,082

18,611

21,430

24,009

24,946

26,105

27,700

29,487

32,875

35,395

36,722

36,719

37,558

37,010

36,083

35,323

33,955

31,760

30,560

29,857

28,718

27,990

28,219

27,328

27,028

27,288

27,351

27,545

26,689

25,373

0

0

0

Operating expenses:
Sales and marketing

7,721

7,935

8,233

8,494

8,993

9,908

10,399

11,237

11,123

10,996

10,730

10,113

10,148

10,032

10,214

10,577

10,649

10,646

10,850

10,889

11,112

11,227

10,825

10,254

9,366

8,896

8,478

8,079

8,245

8,112

16,234

16,597

12,237

8,120

219

218

0

0

0

Research and product development

5,532

5,775

6,405

6,758

7,371

7,840

8,152

8,639

9,041

9,342

9,049

8,897

8,671

8,584

8,673

8,689

8,647

8,318

8,211

8,393

8,669

8,969

8,950

8,424

7,937

7,562

7,762

7,933

8,119

8,261

14,781

14,618

10,773

7,128

586

534

0

0

0

General and administrative

5,996

6,045

5,780

5,821

5,888

5,950

6,064

6,004

6,672

7,161

8,018

8,476

7,833

7,325

6,710

6,767

7,091

7,493

7,588

7,363

7,184

7,152

7,028

6,862

6,587

6,416

7,012

7,077

7,251

6,934

11,488

11,351

8,379

5,427

-394

-513

0

0

0

Impairment of an intangible asset

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of an intangible asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of goodwill

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from litigation, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

38,500

3,952

0

0

-

0

-

0

-

-

Total operating expenses

19,249

19,755

20,418

21,073

22,252

23,698

23,858

38,583

39,539

40,202

41,237

27,466

26,632

25,921

25,597

26,033

26,387

26,457

26,649

26,645

26,965

27,348

26,436

24,901

23,251

22,235

-15,270

-15,161

-14,635

-15,193

21,503

17,864

17,253

16,973

17,459

20,989

0

0

0

Operating loss

-7,922

-8,562

-9,196

-9,408

-10,276

-10,327

-8,776

-19,972

-18,109

-16,193

-16,291

-1,361

1,068

3,566

7,278

9,362

10,335

10,262

10,909

10,365

9,118

7,975

7,519

6,859

7,309

7,622

43,988

43,151

42,854

42,521

5,525

9,424

10,098

10,572

9,230

4,384

0

0

0

Interest expense

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income, net

203

210

237

100

98

80

114

187

222

300

381

403

403

312

249

234

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss before income taxes

-7,827

-8,352

-8,959

-9,308

-10,178

-10,247

-8,662

-19,785

-17,887

-15,893

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

244

259

242

147

112

56

4

34

50

17

29

24

0

0

0

-

-

Nonoperating Income (Expense)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Income (loss) before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,519

9,557

10,531

-

11,191

10,663

9,395

8,229

7,763

7,118

7,551

7,769

44,100

43,207

42,858

42,555

5,575

9,441

10,127

10,596

9,256

4,414

0

0

0

Provision for (benefit from) income taxes

0

-

0

0

-

6,440

9,097

-2,892

-2,337

-1,721

-3,028

1,439

2,093

1,434

1,185

2,015

2,429

3,775

3,352

3,647

3,012

2,633

5,510

3,344

2,618

2,590

-15,498

-15,264

-15,310

-15,908

-5,996

-3,517

-3,532

-3,667

1,213

-607

0

0

0

Net loss

-7,906

-8,408

-8,959

-17,125

-17,190

-16,687

-17,759

-16,893

-15,550

-14,172

-11,652

-1,167

608

2,444

5,104

6,312

6,872

6,776

7,839

7,016

6,383

5,596

4,701

4,770

4,933

5,179

27,954

27,295

26,900

26,647

3,553

5,924

6,595

6,929

0

0

0

-

-

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

-7,906

-8,408

-8,959

-17,125

-17,190

-16,687

-17,759

-16,893

-15,550

-14,172

-11,652

-1,167

608

2,444

5,104

6,312

6,872

6,776

7,839

7,016

6,383

5,596

4,701

4,770

4,933

5,179

27,954

27,295

26,900

26,647

3,553

5,924

6,595

6,929

0

0

0

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

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

-25

68

131

187

102

-38

-125

-93

-72

36

-112

-161

-84

-1

103

159

-15

-81

-51

-146

-4

14

115

248

96

23

-32

-87

0

-

0

0

-

-

-

-

-

-

-

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

-70

-63

-95

-58

-127

-78

-34

2

114

104

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in foreign currency translation adjustment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

-

-45

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in foreign currency translation adjustment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive loss

-8,001

-8,403

-8,923

-16,996

-17,215

-16,803

-17,918

-16,984

-15,508

-14,032

-11,735

-1,315

465

2,405

5,209

6,458

6,993

6,618

7,684

6,774

6,154

5,565

4,816

5,018

5,029

5,202

4,411

3,343

0

-

0

0

-

-

-

-

-

-

-