Intevac inc (IVAC)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Sep'18Jun'18Mar'18Dec'17Dec'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
Net revenues:
Total net revenues

18,840

35,445

26,299

22,314

24,827

-

-

19,466

26,098

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total net revenues

-

-

-

-

-

-

19,466

-

-

17,974

-

-

26,726

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Systems and components

-

-

-

-

-

-

-

-

-

-

-

-

-

29,863

28,423

27,016

20,961

13,083

13,282

15,024

16,320

18,646

18,082

16,812

12,293

12,038

13,320

17,078

15,991

13,234

8,885

12,602

11,665

28,634

14,768

16,837

17,788

25,734

15,491

59,404

63,967

Technology development

-

-

-

-

-

-

-

-

-

-

-

-

-

1,100

1,965

1,967

1,598

1,835

382

1,375

2,098

1,812

1,803

2,251

2,464

2,677

3,695

3,474

3,124

3,749

4,097

4,882

5,169

3,157

2,547

1,808

1,533

1,851

1,932

5,223

4,631

Total net revenues

-

-

-

-

-

-

-

-

-

-

-

-

-

30,963

30,388

28,983

22,559

14,918

13,664

16,399

18,418

20,458

19,885

19,063

14,757

14,715

17,015

20,552

19,115

16,983

12,982

17,484

16,834

31,791

17,315

18,645

19,321

27,585

17,423

64,627

68,598

Cost of net revenues:
Systems and components

-

-

-

-

-

-

-

-

-

-

-

-

-

18,345

15,674

15,774

13,025

7,514

8,950

8,510

12,118

11,487

11,585

14,941

8,067

7,540

9,736

10,151

9,725

10,173

6,307

6,371

7,476

15,266

8,819

10,854

10,693

16,440

9,614

31,776

36,425

Technology development

-

-

-

-

-

-

-

-

-

-

-

-

-

1,148

1,667

1,298

1,019

1,277

858

1,212

1,388

1,165

1,378

1,525

1,875

1,964

2,469

2,666

2,495

2,981

3,161

3,765

3,626

2,271

1,672

1,395

1,110

1,008

1,429

3,267

3,139

Total cost of net revenues

10,684

18,951

17,521

13,957

17,588

21,004

11,980

11,980

16,337

13,099

-

14,922

15,428

19,493

17,341

17,072

14,044

8,791

9,808

9,722

13,506

12,652

12,963

16,466

9,942

9,504

12,205

12,817

12,220

13,154

9,468

10,136

11,102

17,537

10,491

12,249

11,803

17,448

11,043

35,043

39,564

Gross profit

8,156

16,494

8,778

8,357

7,239

10,572

7,486

7,486

9,761

4,875

-

9,848

11,298

11,470

13,047

11,911

8,515

6,127

3,856

6,677

4,912

7,806

6,922

2,597

4,815

5,211

4,810

7,735

6,895

3,829

3,514

7,348

5,732

14,254

6,824

6,396

7,518

10,137

6,380

29,584

29,034

Operating expenses:
Research and development

3,284

3,296

3,596

3,431

3,986

3,974

3,737

3,737

4,984

4,167

-

4,089

4,535

4,418

4,682

3,936

4,067

4,977

5,176

4,150

3,956

2,947

4,608

3,015

3,986

4,558

4,273

4,845

4,250

5,584

6,358

6,950

7,336

8,263

9,213

8,373

8,612

8,290

9,012

7,063

7,011

Selling, general and administrative

5,972

5,906

5,615

5,854

5,252

4,805

4,842

4,842

4,712

5,829

-

5,832

5,495

5,713

6,274

5,191

4,772

4,957

4,996

5,073

4,736

4,576

5,253

5,132

4,913

5,899

5,261

5,445

5,627

5,235

5,971

6,088

6,389

6,669

6,773

5,259

6,945

6,508

6,885

7,148

7,558

Bad debt expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,017

-

-

-

34

-

-

-

-

Total operating expenses

9,256

9,209

9,211

9,285

9,238

8,640

8,579

8,579

9,696

9,996

-

9,698

10,030

10,131

10,956

9,027

8,839

9,934

10,172

8,979

8,692

7,523

9,861

7,897

8,899

10,457

9,534

6,563

9,877

10,819

12,329

31,238

16,742

14,932

15,986

14,886

15,591

14,798

15,897

14,211

14,569

Loss on divestiture

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-208

0

0

0

2,207

-

-

-

-

-

-

Loss from operations

-1,100

7,285

-433

-928

-1,999

1,932

-1,093

-1,093

65

-5,121

-

150

1,268

1,339

2,091

2,884

-324

-3,807

-6,316

-2,302

-3,780

283

-2,939

-5,300

-4,084

-5,246

-4,724

1,172

-2,982

-6,990

-9,023

-23,890

-11,010

-678

-6,955

-8,490

-8,073

-4,661

-9,517

15,373

14,465

Interest income and other income (expense), net

142

125

126

163

160

52

-

186

133

145

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

73

-113

220

92

80

-

-

-

-

409

140

169

129

-

-

Interest income and other income (expense), net

-

-

-

-

-

-

186

-

-

-

-

-

28

127

110

-

60

87

37

-

23

-13

79

-

113

120

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss before provision for income taxes

-958

7,418

-307

-765

-1,839

2,090

-907

-907

198

-4,976

-

258

1,296

1,466

2,201

3,073

-264

-3,720

-6,279

-2,264

-3,757

270

-2,860

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income and other, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-8

48

372

-

-

-

-

-

-

Interest income and other, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-84

72

Loss before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,971

-5,126

-4,651

-

-2,762

-6,898

-8,943

-23,848

-11,018

-630

-6,583

-8,293

-7,933

-4,492

-9,388

15,289

14,537

Provision for income taxes

266

2,216

173

417

553

-7,893

192

192

365

160

-

299

66

366

372

238

217

-230

26

262

2

258

33

9,089

-412

-119

-130

-540

-17

-486

-679

18,810

-3,011

863

-3,422

-9,464

1,817

1,873

-2,357

2,110

2,200

Net loss

-1,224

5,202

-480

-1,182

-2,392

9,983

-1,099

-1,099

-167

-5,136

-

-41

1,230

1,100

1,829

2,835

-481

-3,490

-6,305

-2,526

-3,759

12

-2,893

-14,358

-3,559

-5,007

-4,521

1,725

-2,745

-6,412

-8,264

-42,658

-8,007

-1,493

-3,161

-6,209

-6,116

-2,619

-7,031

13,179

12,337

Net loss per share:
Basic

-

-

-

-

-

-

-0.05

-

-

-

-

-0.01

0.06

0.05

0.09

0.14

-0.02

-0.17

-0.31

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.59

0.55

Diluted

-

-

-

-

-

-

-0.05

-

-

-

-

0.00

0.05

0.05

0.08

0.14

-0.02

-0.17

-0.31

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.58

0.54

Basic and Diluted

-0.05

-

-0.02

-0.05

-0.10

-

-

-0.05

-0.01

-0.23

-

-

-

-

-

-

-

-

-

-

-0.17

-0.01

-0.12

-0.61

-0.15

-0.21

-0.19

0.07

-0.11

-0.27

-0.35

-1.83

-0.34

-0.06

-0.14

-0.27

-0.27

-0.11

-0.31

-

-

Weighted average shares outstanding:
Basic and Diluted

23,483

-

23,130

22,991

22,855

-

-

22,719

22,461

22

-

-

-

-

-

-

-

-

-

-

22,004

-

23,229

-

23,657

-

23,858

23,949

23,931

23,785

23,663

23,464

23,397

23,265

23,218

-

-

-

-

-

-

Basic

-

-

-

-

-

-

22,719

-

-

-

-

21,795

21,714

21,495

21,216

20,933

20,869

20,691

20,551

-

-

22,630

-

-

-

23,927

-

-

-

-

-

-

-

-

-

-

-

-

-

22,383

22,286

Diluted

-

-

-

-

-

-

22,719

-

-

-

-

22,711

22,970

23,209

22,790

20,933

20,869

20,691

20,551

-

-

22,912

-

-

-

23,927

-

-

-

-

-

-

-

-

-

-

-

-

-

22,887

22,931

Basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22,951

22,851

22,727

-

-

Systems and components
Total net revenues

13,836

29,264

21,090

17,237

21,637

-

-

17,140

23,335

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total net revenues

-

-

-

-

-

-

-

-

-

15,472

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total cost of net revenues

7,767

15,936

14,180

10,462

15,100

18,973

-

9,765

13,868

10,728

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Technology development
Total net revenues

5,004

6,181

5,209

5,077

3,190

-

-

2,326

2,763

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total net revenues

-

-

-

-

-

-

-

-

-

2,502

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total cost of net revenues

2,917

3,015

3,341

3,495

2,488

2,031

-

2,215

2,469

2,371

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-