Cyanotech corp (CYAN)
Income statement / Quarterly
Dec'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'11Dec'10Sep'10Jun'10
Net sales

7,504

7,690

8,071

6,059

10,044

6,954

7,145

8,101

9,150

8,055

8,809

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of sales

4,627

4,627

4,396

3,830

5,928

4,669

5,309

6,193

4,910

4,435

5,206

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET SALES

-

-

-

-

-

-

-

-

-

-

-

-

7,605

9,862

7,322

-

7,534

8,516

7,594

8,730

9,691

7,946

7,442

6,532

7,438

7,299

6,909

6,775

7,242

6,936

6,506

5,986

6,706

5,989

5,950

5,218

3,919

3,834

3,856

COST OF SALES

-

-

-

-

-

-

-

-

-

-

-

-

4,748

5,977

4,501

-

4,450

5,416

4,670

5,965

4,893

4,011

4,474

4,333

4,293

4,306

4,057

4,142

4,377

4,124

3,932

3,933

3,879

3,199

3,846

3,420

2,687

2,182

2,197

Gross profit

2,877

3,063

3,675

2,229

4,116

2,285

1,836

1,908

4,240

3,620

3,603

2,661

2,857

3,885

2,821

2,758

3,084

3,100

2,924

2,765

4,798

3,935

2,968

2,199

3,145

2,993

2,852

2,633

2,865

2,812

2,574

2,053

2,827

2,790

2,104

1,798

1,232

1,652

1,659

Operating expenses:
General and administrative

958

1,157

2,031

1,528

1,337

1,481

1,372

824

1,368

1,412

1,352

1,190

1,138

2,016

1,710

1,769

1,331

1,486

1,210

1,214

1,829

2,170

2,747

1,913

1,685

1,261

1,556

1,072

1,175

1,285

1,148

994

955

1,117

948

786

630

643

763

Sales and marketing

1,406

1,343

1,408

1,734

2,068

1,597

1,423

1,889

1,620

1,440

1,489

1,485

1,749

1,470

1,555

1,549

1,325

1,616

1,732

1,498

1,473

1,462

1,234

1,274

1,011

1,180

1,004

953

1,004

880

838

673

631

609

567

708

502

393

383

Research and development

146

154

187

288

216

211

208

130

142

149

142

132

143

152

166

158

132

166

177

141

155

105

116

75

108

171

115

75

52

80

51

83

77

89

71

53

83

62

84

Gain on disposal of equipment and leasehold improvements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29

-

-

-

-

-10

-

-

-21

-5

-

-

-

-

-

-

-

-

-

-

-

-

Loss on disposal of equipment and leasehold improvements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-113

-3

9

-

-19

-

-

-10

-1

-13

-22

-

-1

-62

-2

-

-

-

-

Total operating expenses

2,510

2,654

3,626

3,550

3,621

3,289

3,003

2,843

3,130

3,001

2,983

2,807

3,030

3,638

3,431

3,505

2,788

3,239

3,119

2,727

3,570

3,740

4,107

3,263

2,823

2,633

2,680

2,110

2,232

2,258

2,059

1,742

1,664

1,877

1,588

1,569

1,215

1,098

1,230

Income (loss) from operations

367

409

49

-1,321

495

-1,004

-1,167

-935

1,110

619

620

-146

-173

247

-610

-747

296

-139

-195

38

1,228

195

-1,139

-1,064

322

360

172

523

633

554

515

311

1,163

913

516

229

17

554

429

Interest expense, net

164

182

185

-

134

150

130

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense, net

-

-

-

-

-

-

-

-128

-130

-133

-108

-125

-149

-122

-132

-118

-89

-51

-24

-22

-23

-23

-25

-28

-29

-25

-36

-17

-14

-17

-12

-17

-14

-10

-14

-16

-16

-18

-20

Loss on extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-51

-

-

-

-

-

-

-

-

-

Total other expense, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-14

-68

-

-

-14

-10

-

-

-

-

-

(Loss) income before income tax expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

207

-190

-219

16

1,205

172

-1,164

-

-

335

136

506

619

486

503

299

1,149

903

502

217

1

536

409

Income (loss) before income taxes

203

227

-136

-1,489

361

-1,154

-1,297

-1,063

980

486

512

-271

-322

125

-742

-

-

-

-

-

-

-

-

-

293

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax expense

32

-1

-3

-16

73

-18

-22

-5

-127

11

11

3

27

26

-51

3,189

457

-204

-114

153

742

109

-751

-500

257

229

106

-2,082

12

10

10

-859

36

28

16

-578

-9

10

10

Net income (loss)

171

228

-133

-1,473

288

-1,136

-1,275

-1,058

1,107

475

501

-274

-349

99

-691

-4,054

-250

14

-105

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET INCOME (LOSS)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

463

63

-413

-

36

106

30

2,588

607

476

493

1,158

1,113

875

486

-

10

526

-

NET INCOME

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

399

Basic (in dollars per share)

0.03

0.04

-0.02

-0.25

0.05

-0.20

-0.22

-0.18

0.19

0.08

0.09

-0.05

-0.06

0.02

-0.12

-0.73

-0.04

0.00

-0.02

-

0.08

0.01

-0.08

-

0.01

0.02

0.01

0.47

0.11

0.09

0.09

0.21

0.21

0.16

0.09

0.14

0.00

0.10

0.08

Diluted (in dollars per share)

0.03

0.04

-0.02

-0.25

0.05

-0.20

-0.22

-0.18

0.19

0.08

0.09

-0.05

-0.06

0.02

-0.12

-0.73

-0.04

0.00

-0.02

-

0.08

0.01

-0.08

-

0.01

0.02

0.01

0.47

0.11

0.08

0.08

0.21

0.20

0.16

0.09

0.15

0.00

0.10

0.07

Basic (in shares)

5,957

5,965

5,919

5,849

5,836

5,806

5,785

5,693

5,749

5,709

5,685

5,673

5,669

5,657

5,633

5,597

5,594

5,568

5,565

-

5,533

5,493

5,488

-

5,486

5,475

5,464

5,465

5,464

5,450

5,441

5,439

5,424

5,398

5,395

5,393

5,392

5,374

5,253

Diluted (in shares)

5,962

5,973

5,919

5,823

5,862

5,806

5,785

5,803

5,831

5,771

5,719

5,603

5,669

5,727

5,633

5,118

5,594

6,047

5,565

-

5,779

5,668

5,488

-

5,659

5,699

5,615

5,495

5,617

5,635

5,873

5,632

5,571

5,473

5,460

5,518

5,423

5,390

5,321