Cutera inc (CUTR)
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
Net revenue:
Revenue

32,239

51,795

46,117

47,774

36,026

45,469

40,573

42,553

34,125

47,632

38,173

36,389

29,299

37,875

30,281

27,477

22,423

30,042

23,085

22,563

19,071

25,499

18,726

17,724

16,189

22,239

16,828

19,560

15,967

22,533

19,426

19,591

15,727

18,542

15,232

14,895

11,621

12,092

12,217

Cost of revenue:
Cost of revenue

17,903

23,005

19,884

21,943

18,717

26,683

18,688

20,176

16,791

20,299

15,963

15,343

13,778

15,962

12,538

11,472

9,949

12,145

9,594

9,687

9,052

11,679

7,935

7,848

7,303

9,202

7,651

8,442

7,417

9,790

8,828

9,274

7,845

7,506

6,772

6,476

5,224

5,661

5,335

Gross profit

14,336

28,790

26,233

25,831

17,309

18,786

21,885

22,377

17,334

27,333

22,210

21,046

15,521

21,913

17,743

16,005

12,474

17,897

13,491

12,876

10,019

13,820

10,791

9,876

8,886

13,037

9,177

11,118

8,550

12,743

10,598

10,317

7,882

11,036

8,460

8,419

6,397

6,431

6,882

Operating expenses:
Sales and marketing

14,789

20,323

17,691

16,992

16,104

15,318

14,479

15,535

13,088

15,362

13,148

12,787

10,773

11,561

10,574

10,712

8,716

9,899

8,790

9,066

8,187

9,356

7,805

7,754

7,331

7,804

6,554

7,170

6,456

7,101

7,014

7,112

7,437

6,779

6,426

6,348

5,946

5,799

6,452

Research and development

3,870

4,463

3,643

3,273

3,706

3,464

3,244

4,095

3,556

3,481

3,467

2,981

2,945

2,897

2,914

2,712

2,709

2,812

2,748

2,728

2,445

2,649

2,628

2,622

2,644

2,438

2,440

2,217

2,121

2,122

2,217

1,872

2,216

2,313

2,352

2,346

2,130

1,871

1,506

General and administrative

7,806

5,933

7,308

5,267

5,525

5,494

5,160

4,902

5,439

3,947

3,379

3,548

3,216

3,010

2,716

3,997

3,220

3,189

2,937

3,014

2,989

3,407

2,897

2,335

2,564

3,135

2,160

2,354

2,289

2,452

2,475

2,854

3,495

2,878

2,310

2,588

2,328

2,352

2,744

Lease termination income

-

-

-

-

-

-

-

-

-

-

-4,000

-

-

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

26,465

30,719

28,642

25,532

25,335

24,276

22,883

24,532

22,083

22,790

15,994

19,316

16,934

17,468

16,204

17,421

14,645

15,900

14,475

14,808

13,621

15,412

13,330

12,711

12,539

13,377

11,154

11,741

10,866

11,675

11,706

11,838

13,148

11,970

11,088

11,282

10,404

10,022

10,702

Loss from operations

-12,129

-1,929

-2,409

299

-8,026

-5,490

-998

-2,155

-4,749

4,543

6,216

1,730

-1,413

4,445

1,539

-1,416

-2,171

1,997

-984

-1,932

-3,602

-1,592

-2,539

-2,835

-3,653

-340

-1,977

-623

-2,316

1,068

-1,108

-1,521

-5,266

-934

-2,628

-2,863

-4,007

-3,591

-3,820

Interest and other expense, net

-207

-20

-146

46

-79

-44

-49

-129

98

138

197

276

273

-204

166

217

144

105

84

96

8

8

0

138

80

105

140

75

135

105

152

144

96

140

91

199

184

132

141

Loss before income taxes

-12,336

-1,949

-2,555

345

-8,105

-5,534

-1,047

-2,284

-4,651

4,681

6,413

2,006

-1,140

4,241

1,705

-1,199

-2,027

2,102

-900

-1,836

-3,594

-1,584

-2,539

-2,697

-3,573

-235

-1,837

-548

-2,181

1,173

-956

-1,377

-5,170

-794

-2,537

-2,664

-3,823

-3,459

-3,679

Income tax expense

78

139

73

-243

115

20,760

-174

-712

-2,619

-18,199

225

59

-118

28

61

30

24

52

57

53

50

41

97

44

37

43

-169

90

-18

96

-64

89

97

93

326

-208

32

0

82

Net loss

-12,414

-2,088

-2,628

588

-8,220

-26,293

-873

-1,572

-2,032

22,880

6,188

1,947

-1,022

4,213

1,644

-1,229

-2,051

2,050

-957

-1,889

-3,644

-1,625

-2,636

-2,741

-3,610

-278

-1,668

-638

-2,163

1,077

-892

-1,466

-5,267

-887

-2,863

-2,456

-3,855

-3,459

-3,761

Net loss per share:
Basic and Diluted (in dollars per share)

-0.86

-

-

-

-0.59

-

-

-

-0.15

-

-

-

-0.07

-

-

-

-

-

-

-

-

-

-0.18

-0.19

-0.26

-0.03

-0.11

-0.04

-0.15

-0.02

-0.06

0.00

-0.38

-0.06

-0.21

-0.18

-0.28

-0.25

-0.28

Basic (in dollars per share)

-

-0.15

-0.19

0.04

-

-1.89

-0.06

-0.11

-

1.66

0.44

0.14

-

0.31

0.12

-0.09

-0.16

0.16

-0.07

-0.13

-0.25

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted (in dollars per share)

-

-0.15

-0.19

0.04

-

-1.89

-0.06

-0.11

-

1.57

0.42

0.13

-

0.30

0.12

-0.09

-0.16

0.15

-0.07

-0.13

-0.25

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted-average number of shares used in per share calculations:
Basic (in shares)

-

14,261

14,182

14,086

-

13,932

13,851

13,709

-

13,744

13,973

13,935

-

13,591

13,163

13,131

13,010

12,978

13,827

14,441

14,611

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted (in shares)

-

14,261

14,182

14,356

-

13,932

13,851

13,709

-

14,569

14,767

14,629

-

14,201

13,544

13,131

13,010

13,591

13,827

14,441

14,611

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,667

13

13,501

Basic and Diluted (in shares)

14

-

-

-

14

-

-

-

13,587

-

-

-

13,840

-

-

-

-

-

-

-

-

-

14

14

14

14,012

14,541

14,723

14,408

-42,125

14,127

14,095

13,960

-

13,862

13,765

-

-

-

Product [Member]
Revenue

26,391

45,593

40,315

41,968

30,762

39,946

35,675

37,650

29,264

42,972

33,486

31,727

24,475

-

-

-

-

-

-

-

-

20,967

14,409

13,171

11,752

17,849

12,480

15,053

11,523

17,919

15,128

15,156

11,854

15,280

12,005

11,301

8,293

-

-

Cost of revenue

14,103

14,416

16,343

18,393

15,541

19,967

15,909

17,045

13,922

17,520

13,859

13,840

11,144

-

-

-

-

-

-

-

-

9,925

5,877

5,917

5,077

7,116

5,490

6,151

5,422

7,674

6,618

6,968

5,651

5,467

4,580

4,210

3,288

-

-

Service [Member]
Revenue

5,848

6,202

5,802

5,806

5,264

5,523

4,898

4,903

4,861

4,660

4,687

4,662

4,824

-

-

-

-

-

-

-

-

4,493

4,317

4,553

4,437

4,390

4,348

4,507

4,444

4,614

4,298

4,435

3,873

3,262

3,227

3,594

3,328

-

-

Cost of revenue

3,800

8,589

3,541

3,550

3,176

6,716

2,779

3,131

2,869

2,779

2,104

1,503

2,634

-

-

-

-

-

-

-

-

1,754

2,058

1,931

2,226

2,086

2,161

2,291

1,995

2,116

2,210

2,306

2,194

2,039

2,192

2,266

1,936

-

-