Icad inc (ICAD)
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
Revenue:
Total revenue

6,551

9,381

7,857

7,329

6,773

6,954

6,192

6,162

6,313

-

7,000

6,409

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Products

-

-

-

-

-

-

-

-

-

-

-

-

3,131

-

2,014

3,418

2,028

2,629

4,515

3,096

3,958

4,577

4,603

5,294

4,209

4,930

4,494

4,278

4,834

3,985

5,661

3,536

4,051

3,865

5,754

4,494

5,215

4,059

4,716

Service and supplies

-

-

-

-

-

-

-

-

-

-

-

-

3,660

-

3,989

3,951

4,010

4,980

5,067

8,047

9,262

8,588

7,969

4,373

4,311

4,205

3,796

3,434

3,096

3,833

2,522

2,395

2,292

2,745

2,298

2,152

2,129

1,527

1,381

Total revenue

-

-

-

-

-

-

-

-

-

-

-

-

6,791

-

6,003

7,369

6,038

7,609

9,582

11,143

13,220

13,165

12,572

9,667

8,520

9,135

8,290

7,712

7,930

7,818

8,183

5,931

6,343

6,610

8,052

6,646

7,344

5,586

6,097

Cost of revenue:
Amortization and depreciation

97

100

103

100

94

97

99

102

105

-

263

286

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Products

-

-

-

-

-

-

-

-

-

-

-

-

420

-

236

185

190

399

1,110

680

941

1,323

1,019

1,390

1,180

1,261

1,052

1,193

1,162

127

1,527

969

1,107

1,161

1,280

1,140

1,207

544

557

Service and supplies

-

-

-

-

-

-

-

-

-

-

-

-

1,384

-

1,370

1,182

1,359

1,635

1,362

2,082

2,278

1,962

1,859

1,104

1,075

1,061

998

1,063

887

1,510

541

560

577

715

650

769

772

587

591

Amortization and depreciation

-

-

-

-

-

-

-

-

-

-

-

-

298

-

296

300

303

286

289

503

639

584

527

343

331

-

314

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of acquired intangibles

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

234

233

-

233

233

232

232

233

233

233

-

-

Total cost of revenue

2,041

2,216

1,803

1,603

1,491

1,544

1,454

1,378

1,815

3,561

2,357

1,906

2,102

2,399

1,902

1,667

1,852

2,320

2,761

3,265

3,858

3,869

3,405

2,837

2,586

2,846

2,364

2,490

2,282

2,265

2,301

1,762

1,916

2,108

2,163

2,142

2,212

1,131

1,148

Gross profit

4,510

7,165

6,054

5,726

5,282

5,410

4,738

4,784

4,498

4,341

4,643

4,503

4,689

4,529

4,101

5,702

4,186

5,289

6,821

7,878

9,362

9,296

9,167

6,830

5,934

6,289

5,926

5,222

5,648

5,553

5,882

4,169

4,427

4,502

5,889

4,504

5,132

4,455

4,949

Operating expenses:
Engineering and product development

2,211

2,520

2,485

2,139

2,127

2,014

2,035

2,057

3,339

2,267

2,254

2,232

2,574

2,683

2,360

2,204

2,271

2,542

2,093

2,272

2,256

2,207

2,086

2,004

1,862

1,470

1,951

1,756

1,866

873

1,971

1,975

2,212

2,081

2,630

3,304

2,776

1,715

1,525

Marketing and sales

3,608

4,353

3,588

3,120

2,573

2,421

2,100

2,006

2,166

2,331

2,580

2,690

2,902

2,800

2,322

2,561

2,496

2,712

2,697

3,165

3,830

3,556

3,448

2,872

2,592

2,964

2,589

2,337

2,438

2,608

2,842

2,488

2,646

2,904

3,108

3,945

3,727

2,347

2,617

General and administrative

2,532

2,167

1,872

1,858

1,546

3,698

1,778

1,583

2,058

1,810

1,944

2,089

2,034

2,089

1,783

2,177

1,626

2,127

2,118

2,330

2,213

2,208

2,282

1,865

1,689

1,629

1,462

1,602

1,672

1,388

1,773

1,603

1,595

1,635

2,147

3,413

2,804

1,805

1,839

Amortization and depreciation

52

70

69

67

70

71

74

77

83

107

107

116

122

249

288

293

286

258

257

496

620

810

425

255

251

-

278

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of MRI assets

-

-

-

-

-

-

-

-

-

0

0

0

2,508

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill and long-lived asset impairment

-

-

-

-

-

-

-

-

-

-

4,700

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill and long-lived asset impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

27,443

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,800

-1,100

-

-

-

Goodwill impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

26,828

-

-

-

-

Loss on indemnification asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

60

-508

-250

-43

-

-

Total operating expenses

8,403

9,110

8,014

7,184

6,316

8,204

5,987

5,723

7,646

8,508

11,585

7,127

5,124

7,821

6,753

7,235

6,679

7,639

7,165

35,706

8,919

8,781

8,241

6,996

6,394

6,910

6,280

5,695

5,976

6,338

6,586

6,066

6,453

6,561

31,421

9,811

9,350

5,867

5,981

Loss from operations

-3,893

-1,945

-1,960

-1,458

-1,034

-2,794

-1,249

-939

-3,148

-4,167

-6,942

-2,624

-435

-3,292

-2,652

-1,533

-2,493

-2,350

-344

-27,828

443

515

926

-166

-460

-621

-354

-473

-328

-785

-704

-1,897

-2,026

-2,059

-25,532

-5,307

-4,218

-1,412

-1,032

Gain from change in fair value of warrant

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

599

-

-

-

-

-

-

Interest expense

130

180

193

202

209

131

118

113

142

73

36

10

5

4

15

21

23

27

46

70

507

562

647

614

817

810

807

834

826

866

883

831

835

95

111

111

105

-

-

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

6

7

11

-

-

Other income

42

-

103

64

59

-

28

29

22

-

3

-

-

-

2

2

5

-

4

5

9

-

11

12

4

-

4

6

6

-

9

9

9

-

-

-

-

-

-

Gain from change in fair value of warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-699

-1,136

2,932

-624

571

-431

-

-126

213

-

-

-

-

-

-

-

Loss on extinguishment of debt

-341

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-1,723

-

-

-903

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on fair value of convertible debentures

7,464

1,331

900

1,915

2,525

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other expense, net

-7,893

-1,393

-990

-2,053

-2,675

-551

-90

-84

-120

-58

-33

-10

-5

-3

-13

-19

-18

-24

-42

-65

-2,221

-552

-636

-806

323

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other expense, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-179

-1,399

-389

-1,909

-748

-1,035

-227

-

-

-

-

-

-

Loss before income tax expense

-11,786

-3,338

-2,950

-3,511

-3,709

-3,345

-1,339

-1,023

-3,268

-4,225

-6,975

-2,634

-440

-3,295

-2,665

-1,552

-2,511

-2,374

-386

-27,893

-1,778

-37

290

-972

-137

-4,360

-533

-1,872

-717

-2,694

-1,452

-2,932

-2,253

-

-

-

-

-

-

Tax expense

26

10

6

19

8

-1

26

4

13

10

-42

-3

17

21

10

23

22

28

16

-107

79

59

16

25

53

50

56

10

10

8

13

11

11

-

-

-

-

-

-

Gain on sale of patent

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

275

Interest (expense) income - net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19

21

Net loss and comprehensive loss

-11,812

-3,348

-2,956

-3,530

-3,717

-3,344

-1,365

-1,027

-3,281

-4,235

-6,933

-2,631

-457

-3,316

-2,675

-1,575

-2,533

-2,402

-402

-27,786

-1,857

-96

274

-997

-190

-4,410

-589

-1,882

-727

-2,702

-1,465

-2,943

-2,264

-2,227

-25,637

-5,411

-4,312

-1,393

-736

Net loss per share:
Basic

-0.59

-0.17

-0.15

-0.20

-0.22

-0.20

-0.08

-0.06

-0.20

-0.26

-0.42

-0.16

-0.03

-0.20

-0.17

-0.10

-0.16

-0.15

-0.03

-1.77

-0.12

0.00

0.02

-0.07

-0.02

-

-0.05

-

-

-

-

-

-

-

-

-

-

-

-

Diluted

-0.59

-0.17

-0.15

-0.20

-0.22

-0.20

-0.08

-0.06

-0.20

-0.26

-0.42

-0.16

-0.03

-0.20

-0.17

-0.10

-0.16

-0.15

-0.03

-1.77

-0.12

0.00

0.02

-0.07

-0.02

-

-0.05

-

-

-

-

-

-

-

-

-

-

-

-

Basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.17

-0.07

-

-0.14

-0.27

-0.21

-

-2.34

-0.10

-0.08

-0.03

-0.02

Weighted average number of shares used in computing loss per share:
Basic

20,175

19,388

19,284

17,640

17,200

16,793

16,700

16,664

16,583

16,503

16,424

16,310

16,135

16,041

15,957

15,904

15,826

15,735

15,725

15,679

15,605

15,598

15,283

14,074

11,429

-

10,849

-

-

-

-

-

-

-

-

-

-

-

-

Diluted

20,175

19,388

19,284

17,640

17,200

16,793

16,700

16,664

16,583

16,503

16,424

16,310

16,135

16,041

15,957

15,904

15,826

15,735

15,725

15,679

15,605

14,533

16,348

14,074

11,429

-

10,849

-

-

-

-

-

-

-

-

-

-

-

-

Basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,836

10,820

-

10,805

10,794

10

-

10,936

54,550

-

-

-

Basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

54,366

45,922

45,737

Product [Member]
Total revenue

3,795

6,436

5,156

4,353

3,822

3,810

3,093

3,194

3,014

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total cost of revenue

1,017

1,144

809

645

680

563

603

537

458

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service [Member]
Total revenue

2,756

2,945

2,701

2,976

2,951

3,144

3,099

2,968

3,299

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total cost of revenue

927

972

891

858

717

884

752

739

1,252

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-