| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Net revenue | ||||||||||
83,755 | 78,142 | 60,219 | - | - | - | - | - | - | - | - |
Products | ||||||||||
- | - | - | - | - | - | - | - | - | 74,610 | - |
Services | ||||||||||
- | - | - | - | - | - | - | - | - | 10,233 | - |
Net revenue | ||||||||||
- | - | - | 56,168 | 60,794 | 81,249 | 74,284 | 72,361 | 77,637 | 84,843 | 41,315 |
Products | ||||||||||
- | - | - | - | - | - | - | - | - | 42,458 | - |
Services | ||||||||||
- | - | - | - | - | - | - | - | - | 5,027 | - |
Cost of revenue | ||||||||||
47,101 | 44,810 | 38,059 | 32,439 | 37,645 | 47,793 | 40,888 | 40,358 | 42,358 | 47,485 | 21,971 |
Gross profit | ||||||||||
36,654 | 33,332 | 22,160 | 23,729 | 23,149 | 33,456 | 33,396 | 32,003 | 35,279 | 37,358 | 19,344 |
Operating expenses: | ||||||||||
Research and development | ||||||||||
8,616 | 7,235 | 6,146 | 6,520 | 9,151 | 6,902 | 6,277 | 6,965 | 5,905 | 4,715 | 4,253 |
Selling and marketing | ||||||||||
18,138 | 16,391 | 13,452 | 14,032 | 20,236 | 20,635 | 18,907 | 19,124 | 18,293 | 20,375 | 12,886 |
General and administrative | ||||||||||
9,445 | 10,824 | 7,241 | 11,309 | 19,604 | 12,751 | 14,149 | 14,880 | 19,117 | 21,569 | 16,431 |
Increase in fair value of earnout liability | ||||||||||
550 | - | - | - | - | 3,510 | - | -5,463 | 706 | - | - |
Impairment of goodwill | ||||||||||
- | - | - | - | 8,771 | - | 27,300 | 17,027 | - | - | - |
Impairment of long-lived assets | ||||||||||
- | - | - | - | - | - | 178 | 13,410 | - | - | - |
Re-measurement of contingent consideration | ||||||||||
- | - | - | - | - | - | - | - | - | 221 | - |
Impairment of intangibles | ||||||||||
- | - | - | - | - | - | - | - | - | - | 647 |
Restructuring and severance | ||||||||||
14 | 747 | -49 | 3,088 | 1,266 | 3,098 | 1,770 | 325 | - | 337 | - |
Gain on sale of assets | ||||||||||
- | - | - | - | - | - | - | - | - | - | 1,417 |
Total operating expenses | ||||||||||
36,763 | 35,197 | 26,790 | 34,949 | 59,028 | 46,896 | 56,853 | 66,268 | 44,021 | 47,217 | 32,800 |
Loss from operations | ||||||||||
-109 | -1,865 | -4,630 | -11,220 | -35,879 | -13,440 | -23,457 | -34,265 | -8,742 | -9,859 | -13,456 |
Non-operating income (expense): | ||||||||||
Interest expense, net | ||||||||||
-917 | -1,518 | -2,590 | -2,378 | -1,908 | -3,619 | -2,169 | - | - | - | - |
Gain on sale of investment | ||||||||||
142 | - | - | - | - | - | - | - | - | - | - |
Loss on extinguishment of debt, net | ||||||||||
- | -1,369 | -788 | - | - | - | - | - | - | - | - |
Loss and impairment on equity investments | ||||||||||
- | - | - | - | - | - | - | - | - | - | -2,244 |
Other income (expense) | ||||||||||
- | - | - | - | - | - | - | -108 | 261 | 264 | - |
Interest expense, net | ||||||||||
- | - | - | - | - | - | - | -1,077 | -939 | -865 | -487 |
Foreign currency gains (losses), net | ||||||||||
59 | 204 | -358 | 27 | -1,211 | -1,270 | 710 | 296 | -454 | -234 | 76 |
Loss before income taxes | ||||||||||
-825 | -4,548 | -8,366 | -13,571 | -38,998 | -18,329 | - | - | - | - | - |
Loss from continuing operations before income taxes and noncontrolling interest | ||||||||||
- | - | - | - | - | - | -24,916 | -35,154 | -9,874 | -10,694 | -16,111 |
Income tax provision | ||||||||||
326 | 155 | -214 | 132 | 222 | 95 | 47 | -5,755 | -1,506 | -300 | -1,549 |
Loss from continuing operations | ||||||||||
- | - | - | - | - | - | - | - | - | - | -14,562 |
Income from discontinued operations, net of income taxes | ||||||||||
- | - | - | - | - | 521 | -10,835 | - | - | 220 | 383 |
Loss from discontinued operations, net of income taxes | ||||||||||
- | - | - | - | - | - | - | -24,169 | -1,853 | - | - |
Net loss | ||||||||||
-1,151 | -4,703 | -8,152 | -13,703 | -39,220 | -17,903 | -35,798 | -53,568 | -10,221 | -10,174 | -14,179 |
Loss before noncontrolling interest | ||||||||||
- | - | - | - | - | -18,424 | -24,963 | -29,399 | -8,368 | -10,394 | - |
Less: Income attributable to noncontrolling interest | ||||||||||
- | 5 | -14 | -8 | -76 | -109 | -933 | -3,232 | -468 | -630 | - |
Net loss | ||||||||||
-1,151 | -4,708 | -8,138 | -13,695 | -39,144 | -17,794 | -34,865 | -50,336 | -9,753 | -9,544 | -14,179 |
Net loss attributable to common stockholders | ||||||||||
- | - | -8,138 | - | - | - | - | - | - | - | - |
Net loss per common share: | ||||||||||
Basic | ||||||||||
-0.13 | -0.35 | -0.61 | - | - | - | - | - | - | - | - |
Diluted | ||||||||||
-0.13 | -0.35 | -0.61 | - | - | - | - | - | - | - | - |
Weighted average shares used in computing net loss per common share: | ||||||||||
Basic | ||||||||||
16,984 | 15,654 | - | - | - | - | - | - | - | - | - |
Diluted | ||||||||||
16,984 | 15,654 | - | - | - | - | - | - | - | - | - |
Loss from continuing operations | ||||||||||
- | - | - | - | - | -2.12 | -3.62 | -0.44 | -0.15 | -0.22 | -0.66 |
Income from discontinued operations | ||||||||||
- | - | - | - | - | 0.06 | -1.64 | -0.40 | -0.03 | 0.01 | 0.02 |
Basic and diluted net loss per share attributable to Identiv, Inc. | ||||||||||
- | - | - | -1.25 | -3.62 | -2.06 | -5.26 | -0.84 | -0.18 | -0.21 | -0.64 |
Weighted average common shares outstanding, basic and diluted | ||||||||||
- | - | 13,273 | 10,916 | 10,812 | 8,648 | 6,633 | 59,623 | 53,748 | 42,722 | - |
Weighted average shares used to compute basic and diluted loss per share | ||||||||||
- | - | - | - | - | - | - | - | - | - | 22,047 |