Ipass inc (IPAS)
Income statement / Quarterly
Sep'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

9,275

-

-

-

13,399

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue

-

10,535

11,427

-

-

13,474

14,286

16,117

15,877

16,497

14,731

15,426

14,985

15,595

16,558

17,155

17,250

17,762

17,637

9,273

18,539

20,288

29,629

-3,826

30,818

32,244

33,294

34,435

34,411

35,511

36,404

38,058

39,083

Cost of revenue and operating expenses:
Network access costs

5,720

-

-

-

10,312

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Network access costs

-

6,339

6,844

-

-

9,598

9,559

8,790

8,452

8,466

7,442

7,573

7,186

7,038

6,675

7,146

7,584

7,671

7,207

1,959

7,092

7,445

12,757

-8,283

12,574

13,835

14,640

15,518

15,647

17,209

17,392

17,338

18,843

Network operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,407

5,399

5,462

5,427

5,520

5,898

6,544

7,000

Network operations

1,294

1,379

1,384

-

1,629

1,514

1,692

-

1,838

1,780

2,098

-

2,169

2,510

2,950

-

3,093

3,336

3,717

-

3,150

3,075

4,841

-

5,126

-

-

-

-

-

-

-

-

Research and development

1,825

1,967

1,953

1,894

1,948

2,137

1,974

1,746

1,628

1,762

2,140

2,039

2,456

2,494

2,998

2,807

2,853

2,877

3,384

3,118

3,171

3,414

3,614

3,286

3,300

3,445

3,702

3,525

3,715

3,490

3,638

3,566

3,245

Sales and marketing

2,760

2,439

2,469

2,656

2,520

2,615

2,454

2,771

2,651

2,895

2,837

2,262

2,506

2,384

3,182

3,434

3,548

4,212

4,565

3,739

3,892

3,848

4,917

2,891

4,547

5,084

5,350

4,649

5,350

4,958

5,745

5,916

5,889

General and administrative

2,426

2,980

2,589

2,737

3,427

2,546

2,772

2,482

2,555

2,765

2,990

3,388

3,067

3,971

4,236

4,786

4,286

4,230

4,771

4,512

4,664

4,998

6,179

4,294

5,645

5,244

5,259

4,889

5,092

5,203

4,825

5,793

5,361

Restructuring charges and related adjustments

-

-

-

-

-

-

-

0

0

30

758

53

916

3,242

21

-12

715

16

14

14

13

26

600

11

10

9

-4

11

-7

10

-165

179

118

Amortization of intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

50

60

60

59

60

60

60

76

77

Total cost of revenue and operating expenses

14,025

15,104

15,239

-

19,836

18,410

18,451

-

17,124

17,698

18,265

-

18,300

21,639

20,062

-

22,079

22,342

23,658

-

21,982

22,806

32,908

-

31,252

33,084

34,406

-

35,284

36,450

-

-

-

Total cost of revenues and operating expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

37,393

39,412

40,533

Operating loss

-4,750

-4,569

-3,812

-4,524

-6,437

-4,936

-4,165

-1,367

-1,247

-1,201

-3,534

-2,048

-3,315

-6,044

-3,504

-4,019

-4,829

-4,580

-6,021

-5,704

-3,443

-2,518

-3,279

-3,617

-434

-840

-1,112

322

-873

-939

-989

-1,354

-1,450

Other income (expense):
Interest income (expense), net

-572

-43

7

31

8

14

14

13

12

6

5

-4

-12

-17

-21

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29

33

33

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest (expense) income, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

7

5

15

85

22

20

Interest income (expense), net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

3

4

-

4

3

-

-

-

-

-

-

-

Foreign exchange gain (loss)

-87

150

-143

-27

-173

-129

-49

41

-45

-120

-110

-86

-72

-118

189

65

45

-106

-71

-165

-155

-114

-73

-159

-66

-34

-29

-83

66

-119

-343

-478

245

Change in fair value of derivative

179

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other income (expense)

-838

-

-

-

-165

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other loss, net

-

-

-

-

-

-

-

-

-

-

-

-

0

-129

-4

-

345

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Loss before provision for income taxes

-5,588

-4,462

-3,948

-4,508

-6,602

-5,051

-4,200

-1,313

-1,280

-1,315

-3,639

-2,139

-3,399

-6,308

-3,340

-3,994

-4,468

-4,719

-6,125

-5,914

-3,596

-2,629

-3,348

-3,755

-496

-871

-1,138

374

-802

-1,043

-1,247

-1,810

-1,185

Provision for income taxes

44

61

65

-194

56

217

115

9

61

62

91

111

29

67

100

-1,563

-1,355

-4,004

-179

-361

-31

-417

27

-691

275

10

137

44

1

15

230

96

29

Net loss from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,431

-3,113

-715

-5,946

-

-3,565

-2,212

-

-

-

-

-

-

-

-

-

-

-

Net income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,514

-1,296

21,592

397

-

723

626

-

-

-

-

-

-

-

-

-

-

-

Net loss

-5,632

-4,523

-4,013

-4,314

-6,658

-5,268

-4,315

-1,322

-1,341

-1,377

-3,730

-2,250

-3,428

-6,375

-3,440

-3,945

-4,409

20,877

-5,549

-4,509

-2,842

-1,586

-3,375

-1,451

-771

-881

-1,275

330

-803

-1,058

-1,477

-1,906

-1,214

Comprehensive loss

-5,632

-4,523

-4,013

-4,314

-6,658

-5,268

-4,315

-1,322

-1,341

-1,377

-3,730

-2,250

-3,428

-6,375

-3,440

-3,945

-4,409

20,877

-5,549

-4,509

-2,842

-1,586

-3,375

-1,451

-771

-881

-1,275

330

-803

-1,058

-1,477

-

-

Net loss per share - basic and diluted (in usd per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.04

-0.05

-0.01

-0.09

-

-0.05

-0.04

-

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.01

-0.02

0.33

0.00

-

0.01

0.01

-

-

-

-

-

-

-

-

-

-

-

Total net income (loss) per share (in dollars per share)

-0.71

-0.06

-0.06

-

-1.01

-0.08

-0.07

-

-0.02

-0.02

-0.06

-

-0.05

-0.10

-0.05

-0.05

-0.07

0.32

-0.09

-0.07

-0.04

-0.03

-0.05

-0.03

-0.01

-0.01

-0.02

0.01

-0.01

-0.02

-0.03

-0.03

-0.02

Weighted average shares outstanding - basic and diluted (in shares)

7,927

74,226

69,853

126,418

6,587

65,667

65,567

66,233

64,546

63,452

63,146

63,040

62,979

62,894

62,846

58,946

62,696

64,389

64,421

64,226

64,143

63,381

61,892

61,245

61,094

60,747

59,757

58,586

58,776

58,379

57,973

57,615

58,842