Cyanotech corp (CYAN)
Income statement / TTM
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

29,324

31,864

31,128

30,202

32,244

31,350

32,451

34,115

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of sales

17,480

18,781

18,823

19,736

22,099

21,081

20,847

20,744

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET SALES

-

-

-

-

-

-

-

-

-

-

-

-

32,985

32,914

31,568

-

32,374

34,531

33,961

33,809

31,611

29,358

28,711

28,178

28,421

28,225

27,862

27,459

26,670

26,134

25,187

24,631

23,863

21,076

18,921

16,827

0

0

0

COST OF SALES

-

-

-

-

-

-

-

-

-

-

-

-

20,664

20,366

19,805

-

20,501

20,944

19,539

19,343

17,711

17,111

17,406

16,989

16,798

16,882

16,700

16,575

16,366

15,868

14,943

14,857

14,344

13,152

12,135

10,486

0

0

0

Gross profit

11,844

13,083

12,305

10,466

10,145

10,269

11,604

13,371

14,124

12,741

13,006

12,224

12,321

12,548

11,763

11,866

11,873

13,587

14,422

14,466

13,900

12,247

11,305

11,189

11,623

11,343

11,162

10,884

10,304

10,266

10,244

9,774

9,519

7,924

6,786

6,341

0

0

0

Operating expenses:
General and administrative

5,674

6,053

6,377

5,718

5,014

5,045

4,976

4,956

5,322

5,092

5,696

6,054

6,633

6,826

6,296

5,796

5,241

5,739

6,423

7,960

8,659

8,515

7,606

6,415

5,574

5,064

5,088

4,680

4,602

4,382

4,214

4,014

3,806

3,481

3,007

2,822

0

0

0

Sales and marketing

5,891

6,553

6,807

6,822

6,977

6,529

6,372

6,438

6,034

6,163

6,193

6,259

6,323

5,899

6,045

6,222

6,171

6,319

6,165

5,667

5,443

4,981

4,699

4,469

4,148

4,141

3,841

3,675

3,395

3,022

2,751

2,480

2,515

2,386

2,170

1,986

0

0

0

Research and development

775

845

902

923

765

691

629

563

565

566

569

593

619

608

622

633

616

639

578

517

451

404

470

469

469

413

322

258

266

291

300

320

290

296

269

282

0

0

0

Gain on disposal of equipment and leasehold improvements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Loss on disposal of equipment and leasehold improvements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-126

0

0

-

0

-

-

-46

0

0

0

-

0

0

0

-

-

-

-

Total operating expenses

12,340

13,451

14,086

13,463

12,756

12,265

11,977

11,957

11,921

11,821

12,458

12,906

13,604

13,362

12,963

12,651

11,873

12,655

13,156

14,144

14,680

13,933

12,826

11,399

10,246

9,655

9,280

8,659

8,291

7,723

7,342

6,871

6,698

6,249

5,470

5,112

0

0

0

Income (loss) from operations

-496

-368

-1,781

-2,997

-2,611

-1,996

-373

1,414

2,203

920

548

-682

-1,283

-814

-1,200

-785

0

932

1,266

322

-780

-1,686

-1,521

-210

1,377

1,688

1,882

2,225

2,013

2,543

2,902

2,903

2,821

1,675

1,316

1,229

0

0

0

Interest expense, net

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense, net

-

-

-

-

-

-

-

-499

-496

-515

-504

-528

-521

-461

-390

-282

-186

-120

-92

-93

-99

-105

-107

-118

-107

-92

-84

-60

-60

-60

-53

-55

-54

-56

-64

-70

0

0

0

Loss on extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

Total other expense, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

-

-

-

(Loss) income before income tax expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-186

812

1,174

229

0

0

0

-

-

1,596

1,747

2,114

1,907

2,437

2,854

2,853

2,771

1,623

1,256

1,163

0

0

0

Income (loss) before income taxes

-1,195

-1,037

-2,418

-3,579

-3,153

-2,534

-894

915

1,707

405

44

-1,210

0

0

0

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax expense

12

53

36

17

28

-172

-143

-110

-102

52

67

5

3,191

3,621

3,391

3,328

292

577

890

253

-400

-885

-765

92

-1,490

-1,735

-1,954

-2,050

-827

-803

-785

-779

-498

-543

-561

-567

0

0

0

Net income (loss)

-1,207

-1,090

-2,454

-3,596

-3,181

-2,362

-751

1,025

1,809

353

-23

-1,215

-4,995

-4,896

-4,981

-4,395

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET INCOME (LOSS)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

2,760

3,331

3,701

4,164

2,734

3,240

3,639

3,632

2,484

1,897

0

-

0

0

-

NET INCOME

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

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