Turtle beach corporation (HEAR)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Sep'13Dec'12Sep'12Sep'11Sep'10
Net revenue

234,663

287,437

149,135

-

-

-

-

-

-

-

-

-

Revenue, Net

-

-

-

-

162,747

186,176

178,470

-

207,136

-

-

-

Product sales

-

-

-

-

-

-

-

545

-

222

78

599

Other revenue

-

-

-

-

-

-

-

16

-

11

0

7

Net revenue

-

-

-

173,978

-

-

-

562

-

233

79

607

Cost of revenue

155,950

178,738

98,132

131,368

122,056

135,509

128,141

292

132,795

120

35

505

Gross profit

78,713

108,699

51,003

42,610

40,691

50,667

50,329

270

74,341

113

43

101

Operating expenses:
Selling and marketing

38,634

32,389

24,385

28,572

31,829

33,442

31,645

-

22,837

-

-

-

Selling, general and administrative

-

-

-

-

-

-

-

4,602

-

3,247

572

446

Research and development

7,856

5,611

5,587

8,259

11,556

9,400

4,873

2,056

2,099

1,340

647

229

General and administrative

21,796

16,658

15,700

19,580

21,484

17,159

8,349

-

6,153

-

-

-

Goodwill and Intangible Asset Impairment

-

-

-

63,236

49,822

0

-

-

-

-

-

346

Restructuring charges

-

-

533

664

399

747

0

-

0

-

-

-

Business transaction costs

-

-

-

-

-

3,744

3,864

-

342

-

-

-

Business transaction

-

-

-

-

-

-

-

1,280

-

0

-

-

Total operating expenses

68,286

54,658

46,205

120,311

115,090

64,492

48,731

7,938

31,431

4,587

1,220

1,023

Operating income (loss)

10,427

54,041

4,798

-77,701

-74,399

-13,825

1,598

-7,668

42,910

-4,474

-1,176

-921

Interest income

-

-

-

-

-

-

-

8

-

15

2

-

Interest expense

929

5,335

7,916

7,447

5,099

7,209

6,626

4

4,738

0

-

-

Interest and note discount amortization

-

-

-

-

-

-

-

-

-

-

-308

-

Interest and note discount amortization

-

-

-

-

-

-

-

-

-

-

-

1

Other non-operating expense (income), net

2,209

-7,779

463

-2,421

-1,016

-724

-45

-5

-7

-2

-2

-0

Income (loss) before income tax

11,707

40,927

-2,655

-

-

-

-

-

-

-

-

-

Gain on bargain purchase from acquisition

-

-

-

-

-

-

-

-

2,303

-

-

-

Total other expense, net

-

-

-

-

-

-

-

-

-

-

-

-1

Income before income tax

-

-

-

-87,569

-80,514

-21,758

-5,073

-

40,468

-

-

-

Income tax expense (benefit)

-6,237

1,737

593

-387

2,393

-6,272

1,090

-

14,008

-

-

-

Total

-

-

-

-

-

-

-

-2

-

12

-307

-

Net income (loss)

17,944

39,190

-3,248

-87,182

-82,907

-15,486

-6,163

-7,670

26,460

-4,462

-1,484

-923

Net income (loss) attributable to common stockholders

-

-

-

-

-

-

-

-

1,611

-

-

-

Net income (loss) per share
Basic (in dollars per share)

1.24

2.90

-0.26

-7.18

-1.96

-0.39

-0.49

-

0.13

-

-

-

Diluted (in dollars per share)

1.04

2.74

-0.26

-7.18

-1.96

-0.39

-0.49

-

0.13

-

-

-

Weighted average number of shares:
Basic (in shares)

14,483

13,512

12,336

12,148

42,269

39,665

12,700

-

12,700

-

-

15,306

Diluted (in shares)

15,688

14,289

12,336

12,148

42,269

39,665

12,700

-

12,700

-

-

-

Goodwill, Impairment Loss

-

-

-

-

-

-

0

-

-

-

-

-

Net loss per basic and diluted common share

-

-

-

-

-

-

-

-1.16

-

-0.85

-0.44

-0.06

Weighted average common shares used to compute net loss per basic and diluted common share

-

-

-

-

-

-

-

6,587

-

5,258

3,393

-