Creative realities, inc. (CREX)
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
Sales
Hardware

1,367

2,900

2,034

1,654

1,641

1,394

1,517

2,839

1,231

-

1,568

1,543

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Services and other

-

-

-

-

-

-

-

-

-

-

-

2,025

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total sales

-

-

-

-

-

-

-

-

-

-

-

3,568

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Hardware

-

-

-

-

-

-

-

-

-

-

-

-

561

-

856

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Services and other

-

-

-

-

-

-

-

-

-

-

-

-

5,858

-

1,852

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Hardware

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,022

658

293

962

1,166

429

234

1,839

1,935

1,012

2,847

2,202

578

292

394

512

296

338

358

942

1,492

1,053

1,169

644

Software

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

922

74

44

113

80

102

88

184

623

255

469

338

Services and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,007

1,777

2,981

2,407

1,536

1,697

3,486

2,581

1,071

1,260

1,582

1,903

1,126

1,041

1,167

1,144

1,181

1,333

1,076

1,175

939

1,089

1,034

934

Total sales

-

-

-

-

-

-

-

-

-

-

-

-

6,419

-

2,708

3,029

2,435

3,274

3,369

2,702

2,126

3,720

4,420

3,006

2,272

3,434

4,105

2,626

1,407

1,605

1,769

1,557

1,773

1,522

2,301

3,054

2,397

2,672

1,916

Services and other

2,337

3,177

4,689

7,660

7,843

3,835

4,484

4,340

2,835

-

2,007

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total sales

3,704

6,077

6,723

9,314

9,484

5,229

6,001

7,179

4,066

-

3,575

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of sales
Hardware

-

-

-

-

-

-

-

-

-

-

-

1,141

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Services and other

-

-

-

-

-

-

-

-

-

-

-

803

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Hardware

-

-

-

-

-

-

-

-

-

-

-

-

564

-

785

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Services and other

-

-

-

-

-

-

-

-

-

-

-

-

3,008

-

602

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Hardware

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

620

740

412

861

1,070

382

897

1,606

1,459

644

1,266

1,818

358

192

201

339

179

189

275

575

1,060

729

768

429

Software

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

8

2

21

13

31

17

29

66

29

25

41

Services and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

692

550

1,915

997

965

1,267

1,395

1,494

1,193

1,364

4,322

1,698

446

461

482

513

420

604

719

562

536

546

555

532

Hardware

983

2,045

1,484

1,311

1,405

994

838

1,844

1,100

-2,419

1,337

1,944

3,572

2,826

1,387

1,312

1,290

2,327

1,858

2,035

1,649

2,292

3,100

2,652

2,008

5,577

3,516

807

661

720

873

612

824

1,076

1,166

1,662

1,304

1,348

1,002

Services and other

1,114

1,508

1,933

3,775

4,398

2,352

1,422

2,245

1,457

-

820

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total cost of sales

2,097

3,553

3,417

5,086

5,803

3,346

2,260

4,089

2,557

-

2,157

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gross profit

1,607

2,524

3,306

4,228

3,681

1,883

3,741

3,090

1,509

1,500

1,418

1,624

2,847

2,675

1,321

1,717

1,145

947

1,511

667

477

1,428

1,320

354

264

-2,143

589

1,819

746

885

896

945

949

446

1,135

1,392

1,093

1,324

914

Operating expenses:
Sales and marketing

427

514

523

610

697

609

425

538

503

619

637

404

418

309

280

232

240

193

247

348

326

255

411

237

276

-27

190

381

362

353

339

400

458

382

431

514

763

560

532

Research and development

313

340

306

394

373

378

261

297

321

503

185

146

157

157

218

272

246

294

25

254

231

371

121

0

0

-523

0

205

318

378

462

396

559

368

555

620

573

645

746

General and administrative

2,856

2,268

2,113

2,421

2,290

2,840

3,233

1,938

1,703

1,671

1,838

1,688

1,747

1,642

1,562

1,472

1,717

1,543

1,479

1,825

2,100

2,274

2,013

741

736

-575

545

1,244

1,410

1,281

1,206

1,280

1,676

1,255

1,412

1,568

1,870

1,334

1,521

Depreciation and amortization

366

378

278

308

286

204

330

324

327

-

374

-

-

-

540

536

539

-

439

432

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill impairment

10,646

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization expense

-

-

-

-

-

-

-

-

-

-

-

-

402

-

-

-

-

-

-

-

425

-

-

-

66

99

76

59

61

63

68

75

80

90

111

122

144

172

171

Lease termination expense

-

-

-

-

-

0

0

0

-474

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

ConeXus acquisition expense

-

-

-

-

-

-

-

-

-

-

1,971

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization expense

-

-

-

-

-

-

-

-

-

-

-

408

-

-

-

-

-

-

-

-

-

-

206

101

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on lease termination

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

638

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment loss on intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,065

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

14,608

3,250

3,220

3,733

3,646

4,031

4,249

3,097

3,328

3,114

5,005

2,646

2,724

2,496

3,665

2,512

2,742

2,123

2,828

2,859

3,082

3,344

2,751

1,079

1,078

-1,026

811

1,889

2,151

2,075

2,075

2,151

2,773

2,095

2,509

2,824

3,350

2,711

2,970

Operating income/(loss)

-13,001

-726

86

495

35

-2,148

-508

-7

-1,819

-1,614

-3,587

-1,022

123

179

-2,344

-795

-1,597

-1,176

-1,317

-2,192

-2,605

-1,916

-1,431

-725

-814

-1,117

-222

-70

-1,405

-1,190

-1,179

-1,206

-1,824

-1,649

-1,374

-1,432

-2,257

-1,387

-2,056

Other income (expenses):
Interest expense

227

215

199

213

204

592

688

752

574

430

497

273

410

474

413

352

397

757

302

164

63

-1

26

3

4

12

8

6

7

1

1

1

5

6

6

7

11

21

16

Change in fair value of warrant liability

-

-

-

-22

-

-602

-27

-11

-197

-340

116

369

8

532

82

-293

-279

-

15

-1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on settlement of obligations

40

1,627

406

6

7

-

169

39

-

6

0

0

866

-

547

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of Special Loan

151

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on settlement of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

406

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

593

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income/(expense)

1

-

-

-

-1

1

-6

-5

4

-7

11

-2

0

24

140

-12

12

-111

-60

67

-10

-

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-745

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1

1

0

1

2

6

8

Total other income/(expense)

-337

1,417

207

-185

-198

-4,958

-498

-707

-373

-91

-602

-644

448

-927

192

335

-106

-518

-377

-96

672

527

567

-3

-4

-12

-8

-6

-7

-1

-1

-1

-4

-5

-6

-6

-9

-15

-8

Income/(loss) before income taxes

-13,338

691

293

310

-163

-7,106

-1,006

-714

-2,192

-1,705

-4,189

-1,666

571

-748

-2,152

-460

-1,703

-1,694

-1,694

-2,288

-1,933

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Benefit from / (provision for) income taxes

-155

128

51

-107

21

-214

-128

-102

46

-268

77

73

79

88

62

-578

63

358

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income/(loss)

-13,183

563

242

417

-184

-6,892

-878

-612

-2,238

-1,437

-4,266

-1,739

492

-

-

-

-

-1,971

-1,775

-2,288

-1,933

-1,389

-864

-728

-818

-1,130

-230

-76

-1,412

-1,191

-1,180

-1,207

-1,828

-1,654

-1,380

-1,438

-2,266

-1,402

-2,064

Net loss from operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,214

118

-1,766

-

-1,694

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends on preferred stock

-

-

-

-

-

0

105

129

111

-579

107

113

113

-801

114

112

112

68

81

82

113

294

921

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Net income/(loss) attributable to common shareholders

-

-

242

417

-

-10,824

-983

-741

-2,349

-1,350

-4,373

-1,852

379

-961

-2,328

6

-1,878

-

-

-2,370

-2,046

-1,683

-1,785

-728

-818

-

-230

-

-

-

-

-

-

-

-

-

-

-

-

Net loss per common share - basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.04

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) per common share - basic and diluted

-

-

-

-

-

-

-

-

-

-

-1.77

-

-

-

-

-

-

-

-0.04

-

-0.04

-0.06

-0.02

-0.03

-0.03

0.19

-0.01

-0.01

-0.27

-

-0.25

-0.26

-

-

-

-

-

-

-

Basic earnings/(loss) per common share

-1.35

0.07

0.02

0.04

-0.02

-1.56

-0.31

-0.27

-0.81

-0.40

-1.81

-0.76

0.01

-

-0.03

0.00

-0.03

-

-

-0.05

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted earnings/(loss) per common share

-1.35

0.07

0.02

0.04

-0.02

-1.48

-0.35

-0.27

-0.85

-

-

-0.81

0.01

-

-0.03

0.00

-0.03

-

-

-0.05

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic and diluted loss per common share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.40

-

-0.07

-0.07

-0.12

-0.08

-0.12

Weighted average shares outstanding - basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

46

-

46

-28,612,109

36,435

28,547

28,547,267

74,489

28,571

5,888

5,240

5,014

4,685

4,626

4,603

-

-

-

-

-

-

Weighted average shares outstanding - basic

9

9

9

9

9

6

2

2

2

-

2

2

67

-

65

65

64

-

-

46,218

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average shares outstanding - diluted

9

9

9

9

9

6

2

2

2

-

2

2

67

-

65

65

64

-

-

46,218

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic and diluted weighted average shares outstanding

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,495

19,393

19,275

17

17