Adesto technologies corporation (IOTS)
Income statement / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Sep'14
Revenue, net

27,870

32,028

30,155

28,113

28,078

21,927

18,183

15,302

-

15,239

13,412

-

-

-

-

-

-

-

-

-

-

Revenue, net

-

-

-

-

-

-

-

-

-

-

-

11,307

-

11,180

10,282

10,176

11,826

11,143

10,600

9,690

10,034

Cost of revenue

15,078

15,781

15,709

14,893

16,544

12,344

10,419

8,122

8,422

7,773

6,689

5,753

-

-

-

-

-

-

-

-

-

Cost of revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

5,803

5,548

5,180

6,429

6,110

6,406

5,830

6,333

Gross profit

12,792

16,247

14,446

13,220

11,534

9,583

7,764

7,180

7,732

7,466

6,723

5,554

6,243

5,377

4,734

4,996

5,397

5,033

4,194

3,860

3,701

Operating expenses:
Research and development

8,589

7,384

7,447

7,522

7,134

5,297

4,283

3,559

2,970

3,606

3,675

3,372

2,885

4,390

4,200

3,937

3,482

3,217

3,132

2,964

3,456

Selling, general and administrative

7,753

8,461

8,158

7,935

7,830

5,795

4,690

4,277

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of intangible assets

1,788

1,789

1,788

1,788

1,752

1,138

687

294

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition related expenses

0

0

5

222

-

4,776

2,017

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring and other charges

-

-

-

1,694

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales and marketing

-

-

-

-

-

-

-

-

-

2,897

2,911

2,600

-

2,870

2,842

2,603

2,156

2,126

2,086

1,977

1,735

General and administrative

-

-

-

-

-

-

-

-

-

1,761

1,673

2,135

-

1,586

1,690

1,708

1,389

919

822

848

639

Gain from settlement with former foundry supplier

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,962

-

-

-

-

-

Total operating expenses

18,130

17,634

17,398

19,161

19,632

17,006

11,677

8,130

7,676

8,264

8,259

8,107

7,789

8,846

8,732

6,286

7,027

6,262

6,040

5,789

5,830

Loss from operations

-5,338

-1,387

-2,952

-5,941

-8,098

-7,423

-3,913

-950

56

-798

-1,536

-2,553

-1,546

-3,469

-3,998

-1,290

-1,630

-1,229

-1,846

-1,929

-2,129

Other income (expense):
Interest expense, net

-2,183

-6,034

-1,377

-1,370

-1,423

-1,046

-1,181

-141

-172

-170

-198

-213

-

-

-

-

-

-

-

-

-

Interest expense, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-576

-224

-258

-

-

-

-

-

Interest expense, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

336

305

181

189

Other income (expense), net

-449

190

-51

220

2,639

8

-1

10

-5

-12

-4

18

-21

-18

-33

22

-1,478

494

407

-118

-38

Total other income (expense), net

-2,632

-5,844

-1,428

-1,150

1,216

-1,038

-1,182

-131

-177

-182

-202

-195

-238

-594

-257

-236

-1,771

158

102

-299

-227

Loss before provision for (benefit from) income taxes

-7,970

-7,231

-4,380

-7,091

-6,882

-8,461

-5,095

-1,081

-121

-980

-1,738

-2,748

-1,784

-4,063

-4,255

-1,526

-3,401

-1,071

-1,744

-2,228

-2,356

Provision for (benefit from) income taxes

-52

337

-70

-31

1

-64

-37

21

44

17

13

27

-62

15

17

14

-137

5

22

49

15

Net loss

-7,918

-7,568

-4,310

-7,060

-6,883

-8,397

-5,058

-1,102

-165

-997

-1,751

-2,775

-1,722

-4,078

-4,272

-1,540

-3,264

-1,076

-1,766

-2,277

-2,371

Net loss per share:
Basic and diluted (in dollars per share)

-0.27

-0.25

-0.14

-0.24

-0.26

-0.30

-0.24

-0.05

0.03

-0.05

-0.11

-0.18

-0.11

-0.27

-0.29

-0.10

6.32

-1.90

-3.14

-4.07

-4.40

Weighted average number of shares used in computing net loss per share:
Basic and diluted (in shares)

30,264

30,016

29,735

29,592

29,559

28,171

21,475

21,370

21,321

21,058

16,343

15,642

15,351

15,034

14,983

14,974

10,345

564

561

559

539