Inuvo, Inc. INUV Income Statement

Inuvo, inc. (INUV)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Net revenue
14,932	18,222	13,789	14,047	15,464	17,015	16,806	19,004	20,503	-	20,311	18,271	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenue
3,439	-	4,955	5,674	6,680	-	6,196	6,991	8,778	-	9,649	7,620	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net revenue
-	-	-	-	-	-	-	-	-	-	-	-	17,215	19,665	17,485	15,648	18,730	21,035	19,254	16,727	13,420	15,509	13,026	10,942	10,121	11,431	14,509	13,130	15,919	16,240	15,481	12,873	8,767	6,610	8,203	9,213	11,793	13,995	14,270	11,365	9,338
Affiliate expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,505	4,040	3,922	4,426	5,741	7,244	7,861	6,564	5,146
Data acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	767	607	669	627	621	595	564	580	594
Merchant processing fees and product costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	74	78	44	44	7	-	27	21	-
Merchant processing fees and product costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	36
Cost of revenue
-	-	-	-	-	-	-	-	-	-	-	-	7,891	7,972	5,136	3,971	4,285	4,683	5,876	7,092	6,069	6,170	5,910	4,666	3,676	6,156	8,183	6,964	7,480	7,445	6,745	6,097	5,347	4,725	4,635	5,098	6,371	7,856	8,454	7,166	5,777
Gross profit
11,493	12,832	8,834	8,373	8,783	9,060	10,610	12,013	11,725	12,248	10,662	10,650	9,324	11,693	12,348	11,677	14,445	16,351	13,377	9,635	7,351	9,338	7,115	6,275	6,444	5,274	6,325	6,166	8,438	8,795	8,736	6,776	3,419	1,884	3,567	4,114	5,422	6,139	5,816	4,199	3,560
Operating expenses
Marketing costs (traffic acquisition costs or TAC)
9,622	10,122	6,940	6,528	6,544	6,826	8,285	8,446	8,294	7,455	7,161	7,493	6,467	8,800	9,921	9,408	11,065	12,665	10,153	6,583	4,922	5,894	4,277	3,614	3,663	3,763	2,939	2,993	4,692	5,091	5,832	5,422	1,843	697	1,959	2,296	2,493	2,358	1,705	861	493
Compensation
2,344	2,023	2,186	1,735	1,808	1,775	1,806	2,323	2,619	3,146	2,363	2,301	2,387	1,885	1,650	1,577	1,716	1,525	1,540	1,341	1,191	1,399	1,192	1,139	1,099	1,160	1,412	1,455	1,993	2,143	1,634	1,625	1,296	1,180	1,481	2,336	2,672	2,547	2,525	2,453	2,829
Selling, general and administrative
2,058	2,000	2,081	2,213	2,377	2,534	1,859	1,982	2,126	2,034	2,025	2,165	2,118	1,209	1,229	1,298	1,259	1,431	1,047	1,178	987	1,151	1,180	1,054	1,010	639	1,360	1,631	2,144	2,600	2,393	2,386	1,985	1,670	1,363	1,097	1,435	1,919	1,785	1,879	2,043
Total operating expenses
14,025	14,147	11,208	10,477	10,729	11,136	11,950	12,752	13,040	12,637	11,551	11,960	10,973	11,894	12,801	12,284	14,042	15,622	12,742	9,103	7,100	8,445	6,650	5,808	5,774	5,563	5,713	6,080	8,831	9,835	9,860	9,434	5,125	3,548	4,803	5,731	6,600	6,826	6,016	5,193	5,366
Operating loss
-2,532	-1,314	-2,374	-2,103	-1,945	-2,075	-1,340	-739	-1,314	-388	-888	-1,309	-1,649	-201	-452	-606	403	729	635	531	250	893	464	467	670	-289	612	85	-392	-1,040	-1,123	-2,658	-1,705	-1,663	-1,236	-1,616	-1,178	-687	-200	-994	-1,806
Other income, net
-	-	3,305	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Litigation settlements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Other expense, net
-140	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13	-	-
Interest expense, net
-152	29	-143	148	-516	-	-101	-94	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-85	-98	-66	-106	-	-202	-	-166	-2,712	-131	-214	-471	-516	-120	-150	-160
Litigation settlements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	75	-	-	0	0	0	374	-	-	-	-
Impairment of assets and loss on sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-
Write-off of capitalized development & note receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	78	100	-	-	-	-	-
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	1	0	0
Interest expense, net
-	-	-	-	-	-	-	-	100	-	97	72	42	-	25	22	23	-	23	37	51	-	84	103	97	-	98	66	106	164	127	104	166	67	53	113	96	1,008	-133	-150	-160
Loss from continuing operations before taxes
-	-	787	-1,954	-	-2,199	-1,441	-833	-1,415	-494	-986	-1,382	-1,691	-229	-477	-629	379	699	611	494	199	828	379	364	572	-375	514	19	-498	-1,204	-1,326	-2,762	-1,872	-4,376	-1,367	-1,831	-1,650	-1,203	-320	-1,144	-1,966
Income tax benefit
-	-	0	0	-	8	0	-0	-7	-1,498	0	0	0	62	-43	-56	7	78	-7	34	-406	75	0	0	-75	-75	-75	-79	-83	-381	8	45	0	8	-0	0	0	5	-1	-0	-0
Net Income (Loss) Attributable to Parent, Total
-2,825	-	-	-	-2,462	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss from continuing operations
-	-	-	-	-	-	-	-	-1,408	1,003	-986	-1,382	-1,691	-292	-434	-573	372	620	619	459	606	752	379	364	648	-299	590	98	-415	-823	-1,334	-2,808	-1,872	-4,383	-1,367	-1,831	-1,650	-1,203	-322	-1,145	-1,966
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	0	0	0	-1	-16	171	-1	2	-3	32	-14	20	-107	23	17	26	45	49	283	125	-40	14	-155	-1	0	0	0	257	522	-1,910	84	935
Gain from litigation settlement in discontinued operations net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net income (loss)
-	-	787	-1,954	-	-	-1,441	-832	-1,408	1,003	-986	-1,382	-1,693	-308	-263	-574	374	617	651	445	626	645	402	382	674	-253	639	381	-290	-863	-1,320	-2,964	-1,874	-4,383	-1,367	-1,831	-1,393	-681	-2,232	-1,060	-1,031
Foreign currency revaluation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-6	10	-5	0	0	0	0	-	-	-	-
Foreign currency valuation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0	-0	0	-	-	-	-	-	-	-	-	-	-	-	-
Total comprehensive income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	402	382	674	-253	639	381	-290	-	-	-	-	-	-	-	-	-	-	-	-
Total comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	864	1,314	2,974	1,868	13,568	-1,367	-1,831	-1,393	-	-	-	-
Per common share data: Basic and diluted
Net loss from continuing operations (in usd per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.03	0.02	0.02	0.02	0.03	-0.02	0.03	0.01	-0.02	-	-	-	-0.13	-0.45	-0.14	-0.21	-0.19	-0.14	-0.04	-0.14	-0.23
Net income from discontinued operations (in usd per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.01	-	-	-	0.00	0.00	0.00	0.00	0.03	0.06	-0.22	0.01	0.11
Net loss (in usd per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.03	0.02	0.02	0.02	0.03	-0.02	0.03	0.02	-0.01	-	-	-	-0.13	-0.45	-0.14	-0.21	-0.16	-0.08	-0.26	-0.13	-0.12
Net loss from continuing operations (in usd per share)
-	-	-	-	-	-	-	-	-0.05	-	-0.03	-0.05	-0.06	-	-0.02	-0.02	0.02	-	0.03	0.02	-	-	-	-	-	-	-	-	-	-	-0.06	-0.12	-	-	-	-	-	-	-	-	-
Net loss from discontinued operations (in usd per share)
-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	-	0.01	0.00	0.00	-	0.00	0.00	-	-	-	-	-	-	-	-	-	-	0.00	-0.01	-	-	-	-	-	-	-	-	-
Net loss (in usd per share)
-0.05	-	0.02	-0.06	-0.08	-	-0.04	-0.03	-0.05	-	-0.03	-0.05	-0.06	-	-0.01	-0.02	0.02	-	0.03	0.02	-	-	-	-	-	-	-	-	-	-	-0.06	-0.13	-	-	-	-	-	-	-	-	-
Weighted average shares
Basic (in shares)
53,642	50,632	46,218	32,570	32,396	32,495	32,316	30,614	28,652	28,555	28,553	28,486	27,025	25,000	24,694	24,567	24,381	24,372	24,271	24,268	24,086	23,775	23,445	23,445	23,444	23,291	23,291	23,290	23,252	22,603	23,497	23,484	14,431	10,056	10,035	8,805	8,558	-67,577	8,521	84,597	8,443
Diluted (in shares)
53,642	45,831	51,019	32,570	32,396	32,495	32,316	30,614	28,652	28,555	28,553	28,486	27,025	24,815	24,694	24,567	24,566	24,440	24,788	24,689	24,240	24,908	24,143	24,050	23,481	23,103	23,447	23,323	23,252	-	23,497	23,484	-	-	-	-	-	-	-	-	-