Orbital Energy Group, Inc. CUI Income Statement

Orbital energy group, inc. (CUI)

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
5,688	-10,850	6,073	22,811	5,458	-29,906	5,155	23,127	21,966	-43,297	21,796	22,500	17,844	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	19,202	16,890	-	17,204	18,138	10,052	11,873	10,697	9,996	8,463	8,779	10,715	9,860	9,521	9,740	9,973
Revenue from freight
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11	9	-	9	12	7	17	14	15	5	10	12	18	18	21	16
Total revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	23,257	23,140	20,661	21,886	24,845	22,872	16,637	18,553	21,377	19,214	16,899	15,227	17,213	18,151	10,059	11,890	10,712	10,011	8,469	8,790	10,728	9,878	9,540	9,761	9,989
Cost of revenues
5,129	-6,715	4,652	15,472	4,271	-16,932	3,834	15,492	15,389	-27,879	14,356	14,276	12,160	12,931	14,660	13,983	12,626	13,427	15,506	14,599	10,416	12,712	13,369	11,506	9,905	9,199	10,683	11,148	6,115	7,784	6,778	6,209	5,185	5,567	6,706	5,993	5,865	5,775	6,151
Gross profit
559	-4,135	1,421	7,339	1,187	-12,974	1,321	7,635	6,577	-15,418	7,440	8,224	5,684	6,472	8,597	9,157	8,035	8,459	9,339	8,273	6,221	5,841	8,008	7,707	6,994	6,027	6,529	7,002	3,944	4,106	3,933	3,801	3,284	3,222	4,021	3,885	3,674	3,986	3,838
Operating expenses:
Selling, general and administrative expense
7,192	1,391	4,793	9,044	4,835	-4,039	4,222	9,245	9,201	-7,972	8,212	8,712	8,554	7,912	8,080	9,009	9,238	8,503	7,941	7,894	8,685	6,394	6,843	6,494	6,191	5,198	5,019	5,289	3,938	3,793	3,740	3,937	4,020	2,352	3,382	3,506	3,335	2,946	2,984
Depreciation and amortization
407	299	359	480	406	85	382	553	529	-271	521	564	552	557	585	616	608	635	632	609	986	1,001	1,066	1,076	1,053	1,008	938	920	143	-	224	-	-	-	-	-	-	-	-
Research and development
17	-174	20	241	52	-1,295	47	783	620	-1,698	696	614	610	471	512	527	506	342	532	531	443	348	359	328	269	311	187	198	244	232	204	176	178	186	199	145	184	366	115
Provision for (credit to) for bad debt
6	51	-18	31	67	43	4	-40	6	4	30	-23	-27	44	0	42	7	-9	67	54	83	20	18	30	-108	178	-10	47	-5	32	32	10	-10	-	62	15	-	13	7
Impairment of goodwill
-	-	-	-	-	-	-	1,263	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating (income) expense
-	-	-11	0	-2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized gain (loss) on derivative
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-61	-55	-	0	0	0	-	-	-	-	-	-	-	-	-	-
Impairment of goodwill and intangible assets
-	-	-	-	-	-	-	-	-	-	0	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating expenses
-	-	-	-	-	-	-	-	-	-	0	4	5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	81	-	55	56	61	51	8	9	25	17	11	19	5	15	13
Other operating expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	2	-	-	-	5	-3	3	4	4	1	13	3	0	-9	39	1	8	50	57
Impairment of intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	0	278	-	-	-	-	-	-	-
Loss on disposals of fixed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Impairment of intangible, trademark and trade name V-Infinity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Total operating expenses
7,622	1,560	5,143	9,796	5,358	-2,122	4,655	11,804	10,356	-6,792	9,459	9,874	9,694	9,036	9,182	10,194	10,359	9,527	9,172	9,088	10,199	7,824	8,286	7,929	7,406	6,706	6,136	6,455	4,321	4,313	4,202	4,401	4,188	3,314	3,643	3,667	3,520	3,326	3,107
Continuing loss from operations
-7,063	-5,695	-3,722	-2,457	-4,171	-10,852	-3,334	-4,169	-3,779	-8,626	-2,019	-1,650	-4,010	-2,564	-585	-1,037	-2,324	-1,068	167	-815	-3,978	-1,983	-278	-222	-412	-678	393	546	-377	-207	-269	-600	-903	-91	378	217	154	659	730
Fair value gain on equity method investment purchase
-	-	-	629	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other (expense) income
-1,032	1,135	-463	-354	249	-295	-43	-308	330	141	77	46	46	14	6	-195	-76	-144	-305	293	-104	-	-8	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of investment premiums and discounts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-17	-14	-	-9	0	0	-	0	-	-	-	-	-	-	-	-
Amortization of debt offering costs and debt discount
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	18	18	-	18	18	-	-	-	-	-	-	-
Amortization of debt offering costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18	-	19	106	191	419	2,506
Interest expense
11	-70	4	118	9	-82	60	124	114	-173	137	121	116	104	119	121	123	123	109	96	113	127	127	127	125	134	107	86	114	114	158	114	187	231	230	226	230	264	286
Loss from continuing operations before income taxes and equity in net loss of affiliate
-8,106	-	-	-	-3,931	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-29	-
Net loss of affiliate
-446	-	-354	-356	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26	15	-	8	-6	2	23	-3	19	20	20	16	-13	18	28	7
Total other income (expense), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-175	-103	-	-62	-60	-74	-59	-185	-107	-160	-58	-260	-328	-405	-688	-2,830
Loss from continuing operations before taxes
-8,552	-5,452	-4,543	-2,656	-3,931	-11,065	-3,437	-4,601	-3,563	-8,312	-2,079	-1,725	-4,080	-2,654	-698	-1,353	-2,523	-1,335	-247	-618	-4,195	-2,200	-413	-397	-516	-1,706	330	486	-452	-266	-454	-707	-1,063	-150	118	-110	-250	-	-2,099
Income tax benefit
-1,600	-1,081	-1,310	-391	-174	-808	-396	164	-302	-1,691	-177	-157	-226	-44	-191	128	145	13	-188	-114	-119	-302	-64	-331	-28	-50	-406	49	9	9	8	7	7	-	6	7	7	30	-
Loss from continuing operations, net of income taxes
-6,952	-	-3,233	-	-3,757	-	-3,041	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations (Note 3)
(Loss) income from operations of discontinued power and electromechanical components businesses
-486	-	3,944	-	975	-	1,760	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax (benefit) expense
-57	-	1,023	-	221	-	253	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Loss) income from discontinued operations, net of income taxes
-429	-	2,921	-	754	-	1,507	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-42
(Loss) from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-23	-136	5	-72
Gain on divestment of Comex Electronics
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	312	-185	-	-	-
Gain on debt extinguishments in discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	475	-	-
Other income (loss) from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-15
Net income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	312	-209	339	5	-87
Consolidated Net income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	424	-327	-	-54	-2,187
Consolidated Net profit (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	81	-	-
Less: Net income from discontinued operations - noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-106	174	2	-45
Net loss
-7,381	4,451	-312	-2,265	-3,003	-7,765	-1,534	-4,765	-3,261	-5,265	-1,902	-1,568	-3,854	-2,610	-507	-1,481	-2,668	-1,348	-59	-504	-4,076	-	-349	-66	-	-	-	-	-	-	-462	-714	-1,071	-158	424	-220	-93	-	-
Basic and diluted weighted average common shares outstanding (in shares)
28,420	28,708	28,691	28,634	28,583	28,547	28,527	28,506	28,488	26,682	20,991	20,967	20,949	20,916	20,906	20,889	20,878	20,807	20,802	20,786	20,774	20,744	20,673	20,628	20,587	-	-	-	-	-	-	-	8,439	-	-	7,236	-	-	-
Consolidated net (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-487	-	737	437	-462	-	-	-	-	-158	111	-118	-258	-59	-2,099
Loss from continuing operations per common share - basic and diluted (in dollars per share)
-0.24	-	-0.11	-	-0.13	-	-0.11	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.02	-0.04	-	-0.01
(Loss) income from discontinued operations - basic and diluted (in dollars per share)
-0.02	-	0.10	-	0.02	-	0.06	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.01	0.02	-	0.00
Loss per common share - basic and diluted (in dollars per share)
-0.26	0.16	-0.01	-0.08	-0.11	-0.28	-0.05	-0.17	-0.11	-0.22	-0.09	-0.07	-0.18	-0.13	-0.02	-0.07	-0.13	-0.07	0.00	-0.02	-0.20	-0.10	-0.02	0.00	-0.02	-	-	0.02	-0.04	-	-	-0.07	-0.13	-	-	-0.03	-0.01	-	-0.01
Net profit (loss) allocable to common stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-57	-2,142
Foreign currency translation adjustment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5	-20
Comprehensive profit (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-62	-2,162
Basic profit (loss) per common share from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.02	-	-	0.00	-
Diluted profit (loss) per common share from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.02	-	-	0.00	-
Basic profit (loss) per common share from discontinued operations - attributable to CUI Global, Inc.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.04	-	-	0.00	-
Diluted profit (loss) per common share from discontinued operations - attributable to CUI Global, Inc.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.04	-	-	0.00	-
Basic income (loss) per common share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.04	-	-	-	-0.04	-	-	-	0.06	-	-	0.00	-
Diluted income (loss) per common share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.04	0.02	-	-	-0.04	-0.07	-	-	0.06	-	-	0.00	-
Basic weighted average common and common equivalent shares outstanding
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,564	18,835	10,883	-	10,819	10,551	-	-	7,309	-	-	196,478	-
Diluted weighted average common and common equivalent shares outstanding
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,574	18,851	-	-	10,819	10,551	-	-	7,332	-	-	196,478	-
Basic and diluted weighted average common and common equivalents shares outstanding
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,137	-	184,971