Harvard bioscience inc (HBIO)
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
Revenues

23,771

-

-

-

28,202

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenues

-

-

27,418

29,584

-

33,858

28,635

31,522

26,759

21,646

18,717

18,958

18,086

26,415

25,007

26,136

26,963

28,370

25,731

28,800

25,763

30,364

25,448

26,958

25,893

27,854

25,137

26,094

26,086

28,249

26,104

28,496

28,322

29,028

26,381

27,143

26,312

26,453

25,905

Cost of revenues

10,789

13,738

12,439

13,629

12,048

15,118

12,818

16,167

13,490

10,626

9,217

9,885

8,509

14,310

13,317

14,461

14,018

15,446

14,005

16,205

14,285

16,501

14,006

14,680

14,132

15,811

13,833

14,005

13,826

14,918

14,110

14,881

14,922

15,868

14,503

14,358

13,943

13,886

13,855

Gross profit

12,982

17,234

14,979

15,955

16,154

18,740

15,817

15,355

13,269

11,020

9,500

9,073

9,577

12,105

11,690

11,675

12,945

12,924

11,726

12,595

11,478

13,863

11,442

12,278

11,761

12,043

11,304

12,089

12,260

13,331

11,994

13,615

13,400

13,160

11,878

12,785

12,369

12,567

12,050

Sales and marketing expenses

5,579

5,894

5,294

5,770

6,306

6,467

6,021

6,309

5,646

4,419

3,635

3,550

3,478

5,292

5,006

5,086

5,102

5,222

5,028

5,128

5,199

5,123

4,113

4,557

4,432

3,984

4,414

4,393

4,539

4,106

4,670

4,743

4,768

4,101

4,361

4,271

4,176

4,101

4,191

General and administrative expenses

6,759

5,544

6,604

4,809

5,803

6,085

4,655

5,258

5,384

4,306

4,317

4,114

4,788

4,983

4,783

5,236

5,948

5,074

5,005

4,922

4,831

4,448

4,130

3,997

4,251

3,992

5,314

4,359

4,222

3,526

4,832

4,902

4,861

4,509

4,560

4,206

4,355

4,407

3,807

Research and development expenses

2,490

2,645

2,564

2,771

2,735

3,045

2,783

2,758

2,402

1,526

1,538

1,296

1,285

1,156

1,309

1,502

1,425

1,532

1,426

1,714

1,748

1,564

1,059

1,284

973

285

1,934

922

1,013

-1,203

1,861

1,972

1,714

-75

1,554

1,128

1,267

1,240

1,102

Restructuring charges (credits)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

11

301

376

54

57

678

97

115

137

2,099

96

-24

-21

144

29

-13

150

18

477

-28

0

283

0

Amortization of intangible assets

1,427

1,458

1,422

1,436

1,430

1,401

1,468

1,412

1,103

395

400

382

376

623

729

690

680

682

666

678

793

739

618

587

634

635

600

676

679

681

681

712

678

730

706

689

621

593

578

Impairment charges

-

-

460

941

-

-

0

0

-

-

-

-

-

-

676

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

HART transaction costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,016

503

-

-

-

-

-

-

-

-

-

-

Total operating expenses

16,255

15,600

16,344

15,727

16,274

16,998

14,927

15,737

14,535

10,646

9,890

9,342

9,927

13,228

12,503

12,515

13,166

12,811

12,501

12,496

12,628

11,742

10,017

10,540

10,427

11,524

12,358

11,342

10,935

7,950

12,073

12,316

12,171

9,444

11,658

10,266

10,419

10,624

9,678

Operating loss

-3,273

1,634

-1,365

228

-120

1,742

890

-382

-1,266

374

-390

-269

-350

-1,123

-813

-840

-221

113

-775

99

-1,150

2,121

1,425

1,738

1,334

519

-1,054

747

1,325

5,381

-79

1,299

1,229

3,716

220

2,519

1,950

1,943

2,372

Other expense:
Interest expense, net

-1,299

-

-

-

-1,405

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in fair value of acquisition contingencies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

429

Foreign exchange

-

-

125

86

-

-

-26

345

-347

-46

-73

-272

-143

326

138

282

-9

51

70

-134

223

-2

0

-67

-81

-64

-84

-25

34

-27

-29

-16

-41

2

-11

-11

-21

-2

-81

Interest expense, net

-

-

1,348

1,376

-

-

1,458

1,483

894

181

189

180

163

154

141

180

164

205

204

215

222

238

239

248

265

304

276

245

130

138

147

152

147

149

216

192

195

196

129

Interest income

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

0

1

-5

1

3

1

29

19

12

14

14

10

10

9

9

11

12

14

17

17

16

15

11

7

Other (income) expense, net

111

-44

-86

-70

-269

-193

-314

-347

-2,738

-622

-12

-11

-94

-36

-64

-29

-50

-275

-188

-180

-616

-738

-249

-165

17

33

-7

-69

-8

7

-13

-70

-211

-275

-128

-332

-74

-193

-101

Total other expense

-1,188

-1,536

-1,309

-1,360

-1,674

-1,697

-1,798

-1,485

-3,979

-849

-274

-463

-400

135

-67

73

-222

-434

-321

-526

-614

-949

-469

-468

-315

-321

-357

-329

-95

-149

-178

-226

-385

-405

-338

-519

-275

-380

125

Loss before income taxes

-4,461

98

-2,674

-1,132

-1,794

45

-908

-1,867

-5,245

-475

-664

-732

-750

-988

-880

-767

-443

-321

-1,096

-427

-1,764

1,172

956

1,270

1,019

198

-1,411

418

1,230

5,232

-257

1,073

844

3,311

-118

2,000

1,675

1,563

2,497

Income tax expense

55

-452

-54

-885

576

-3,260

-652

-369

605

-464

-19

-115

-7

332

758

-54

193

16,819

-249

-776

-363

1,191

323

248

300

-476

-433

322

299

1,908

-124

299

315

1,096

-146

630

-1

-11,167

615

Loss from continuing operations

-

-

-

-

-

3,305

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-978

96

931

3,324

-133

774

529

-

-

-

-

-

-

Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest

-

-

-2,620

-247

-

-

-256

-1,498

-5,850

-

-645

-617

-743

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations:
Income from discontinued operations before income taxes

-

-

0

0

-

-1

0

24

913

303

254

270

-293

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax benefit from discontinued operations

-

-

0

0

-

442

0

-10

-873

-707

26

34

30

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations

-

-

0

0

-

-443

0

34

1,786

1,010

228

236

-323

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5

-

-

-

0

0

0

-

-

-

-

-

-

Loss from Discontinued Operations, Net of Tax, Attributable to Parent

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5

-282

-835

-2,124

0

0

0

-

-

-

-

-

-

Net loss

-4,516

550

-2,620

-247

-2,370

2,862

-256

-1,464

-4,064

999

-417

-381

-1,066

-1,320

-1,638

-713

-636

-17,140

-847

349

-1,401

-19

633

1,022

719

-757

-983

-186

96

1,200

-133

774

529

738

28

1,370

1,676

12,730

1,882

Loss per share:
Basic loss per common share from continuing operations (in dollars per share)

-

-

-0.07

-0.01

-

0.09

-0.01

-0.04

-0.16

0.00

-0.02

-0.02

-0.02

-

-

-

-

-

-

-

-

-

-

-

-

0.02

-0.03

0.00

0.03

0.11

0.00

0.03

0.02

-

-

-

-

-

-

Basic earnings per common share from discontinued operations (in dollars per share)

-

-

0.00

0.00

-

-0.01

0.00

0.00

0.05

0.02

0.01

0.01

-0.01

-

-

-

-

-

-

-

-

-

-

-

-

-0.04

0.00

-0.01

-0.03

-0.07

0.00

0.00

0.00

-

-

-

-

-

-

Basic loss per common share (in dollars per share)

-0.12

0.02

-0.07

-0.01

-0.06

0.08

-0.01

-0.04

-0.11

0.03

-0.01

-0.01

-0.03

-0.04

-0.05

-0.02

-0.02

-0.52

-0.02

0.01

-0.04

0.00

0.02

0.03

0.02

-0.02

-0.03

-0.01

0.00

0.04

0.00

0.03

0.02

0.03

0.00

0.05

0.06

0.45

0.06

Diluted loss per common share from continuing operations (in dollars per share)

-

-

-0.07

-0.01

-

0.09

-0.01

-0.04

-0.16

0.00

-0.02

-0.02

-0.02

-

-

-

-

-

-

-

-

-

-

-

-

0.02

-0.03

0.00

0.03

0.10

0.00

0.03

0.02

-

-

-

-

-

-

Diluted earnings per common share from discontinued operations (in dollars per share)

-

-

0.00

0.00

-

-0.01

0.00

0.00

0.05

0.02

0.01

0.01

-0.01

-

-

-

-

-

-

-

-

-

-

-

-

-0.04

0.00

-0.01

-0.03

-0.07

0.00

0.00

0.00

-

-

-

-

-

-

Diluted loss per common share (in dollars per share)

-0.12

0.02

-0.07

-0.01

-0.06

0.08

-0.01

-0.04

-0.11

0.03

-0.01

-0.01

-0.03

-0.04

-0.05

-0.02

-0.02

-0.52

-0.02

0.01

-0.04

0.00

0.02

0.03

0.02

-0.02

-0.03

-0.01

0.00

0.03

0.00

0.03

0.02

0.02

0.00

0.05

0.06

0.44

0.06

Weighted-average common shares:
Basic (in shares)

38,328

37,837

38,036

37,735

37,644

37,320

36,947

36,082

35,462

34,898

34,840

34,695

34,579

34,378

34,327

34,127

34,013

33,960

33,933

33,569

32,908

32,448

32,341

32,045

31,846

31,080

30,574

30,102

29,778

28,922

28,797

28,767

28,709

28,499

28,488

28,428

28,389

28,443

29,577

Diluted (in shares)

38,328

37,837

38,036

37,735

37,644

37,320

36,947

36,082

35,462

34,898

34,840

34,695

34,579

34,378

34,327

34,127

34,013

32,504

33,933

35,025

32,908

33,660

33,414

32,945

32,924

33,720

30,574

31,695

31,665

31,102

28,797

29,595

29,672

29,694

29,896

30,187

29,497

28,786

30,044

Net Loss

-4,516

550

-2,620

-247

-2,370

2,862

-256

-1,464

-4,064

999

-417

-381

-1,066

-1,320

-1,638

-713

-636

-17,140

-847

349

-1,401

-

633

1,022

719

-757

-983

-186

96

1,200

-133

774

529

738

28

1,370

1,676

12,730

1,882

Other comprehensive (loss):
Foreign currency translation adjustments

-1,576

-

-1,495

-195

4

-

395

-2,938

1,506

-

1,181

2,066

942

-

-2,006

-1,821

616

-

-526

1,760

-4,497

-

-3,168

369

215

-

2,387

193

-2,037

-

1,444

-1,718

1,262

-

-1,837

317

1,855

-

-

Derivatives qualifying as hedges, net of tax:
(Loss) gain on derivative instruments designated and qualifying as cash flow hedges

-216

-

-78

-298

-196

-

126

155

-254

-

0

-93

4

-

11

-12

-36

-

-39

-12

-59

-

23

-56

-24

-

-

-53

0

-

-

-

-

-

-

-

-

-

-

Amounts reclassified from accumulated other comprehensive loss to net loss

-72

-

-37

-19

-17

-

-55

-70

25

-

-21

-19

-3

-

-8

-10

-13

-

-22

-24

-26

-

-31

-34

-35

-

-

-7

0

-

-

-

-

-

-

-

-

-

-

Derivatives qualifying as hedges, net of tax

-144

-

-

-

-179

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other comprehensive (loss)

-1,720

-

-

-

-175

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized losses on pension benefit obligation, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

484

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Comprehensive loss

-6,236

-

-4,156

-721

-2,545

-

320

-4,177

-2,837

-

785

1,611

-117

-

-3,625

-2,536

-43

-

-1,390

2,121

-5,931

-

-2,481

885

945

-

1,404

-39

-1,941

-

1,311

-944

1,791

-

-1,809

1,687

3,531

-

-