| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|
Net revenues | ||||||||
42,622 | 83,057 | 107,404 | 83,695 | 52,738 | 29,599 | 53,008 | 59,716 | - |
Net revenues | ||||||||
- | - | - | - | - | - | - | - | 53,605 |
Cost of revenues | ||||||||
21,933 | 20,380 | 19,738 | 20,352 | 10,570 | 8,089 | 8,770 | 8,497 | 8,146 |
Gross profit | ||||||||
20,688 | 62,677 | 87,666 | 63,343 | 42,168 | 21,510 | 44,237 | 51,218 | 45,459 |
Operating expenses: | ||||||||
General and administrative (including share-based compensation of $6,395,451, $5,240,518 and $2,739,892 for 2015, 2016 and 2017, respectively) | ||||||||
15,250 | 19,836 | 17,993 | 17,592 | 15,210 | 11,387 | 11,227 | 13,208 | 16,982 |
Product development (including share-based compensation of $(217,695), $205,448 and $216,374 for 2015, 2016 and 2017, respectively) | ||||||||
16,208 | 14,485 | 10,738 | 11,147 | 9,032 | 10,735 | 13,313 | 13,027 | 10,754 |
Sales and marketing (including share-based compensation of $(121,723), $129,911 and $111,947 for 2015, 2016 and 2017, respectively) | ||||||||
29,467 | 50,083 | 46,474 | 43,761 | 30,588 | 13,072 | 21,337 | 26,991 | 26,095 |
Loss from impairment of intangible assets | ||||||||
291 | 1,111 | 250 | 1,802 | 0 | 0 | 4,078 | - | - |
Loss from impairment of goodwill | ||||||||
0 | 6,659 | 0 | 8,149 | 0 | - | 13,463 | - | - |
Total operating expenses | ||||||||
61,217 | 92,176 | 75,456 | 82,453 | 54,830 | 35,194 | 63,420 | 53,227 | 53,831 |
Government subsidies | ||||||||
230 | 1,194 | 251 | 659 | 11 | 75 | 265 | 514 | 567 |
Income (loss) from operations | ||||||||
-40,298 | -28,303 | 12,460 | -18,450 | -12,651 | -13,608 | -18,917 | -1,494 | -7,805 |
Interest income | ||||||||
487 | 1,050 | 2,648 | 4,044 | 1,340 | 3,177 | 2,744 | 1,590 | 1,352 |
Interest expense | ||||||||
3 | 2 | 0 | 12 | 196 | 517 | 247 | 142 | - |
Exchange loss, net | ||||||||
-131 | -55 | -766 | -112 | 556 | 71 | 1,349 | 812 | 1 |
Gain (loss) on the interest sold and retained noncontrolling investment | ||||||||
-1,996 | 20,567 | 9,999 | 0 | 0 | - | - | - | - |
Gain from sales of cost method investment | ||||||||
0 | 0 | 4,648 | 4,337 | 0 | - | - | - | - |
Gain from sale of equity method investment | ||||||||
111 | - | - | - | - | - | - | - | - |
Loss from equity method investment | ||||||||
-13 | -138 | -66 | 0 | 2,773 | - | - | - | - |
Short-term investment income | ||||||||
63 | 378 | 216 | 58 | 132 | 435 | 1,032 | 1,138 | 40 |
Other expense, net | ||||||||
-282 | -303 | -937 | 18 | -29 | -633 | -7 | -7 | -257 |
Loss from impairment of cost method investment | ||||||||
- | - | - | - | - | - | 1,479 | - | - |
Income (loss) before income tax expense | ||||||||
-42,064 | -6,805 | 28,201 | -10,116 | -8,073 | -11,076 | -15,525 | 1,897 | -6,668 |
Income tax expense | ||||||||
324 | 4,160 | 1,384 | 513 | 100 | 883 | 3,938 | 263 | -446 |
Net income (loss) | ||||||||
-42,388 | -10,966 | 26,817 | -10,630 | -8,173 | -11,960 | -19,463 | 1,634 | -6,221 |
Less: net income (loss) attributable to the noncontrolling interest | ||||||||
-5,651 | -9,287 | 4,335 | -3,462 | 399 | -104 | -137 | -325 | -2 |
Net income (loss) attributable to China Finance Online Co. Limited | ||||||||
-36,736 | -1,678 | 22,482 | -7,167 | -8,573 | -11,855 | -19,326 | 1,960 | -6,219 |
Net income (loss) per share attributable to China Finance Online Co. Limited | ||||||||
Basic | ||||||||
-0.32 | -0.01 | 0.20 | -0.07 | -0.08 | -0.11 | -0.18 | 0.02 | -0.06 |
Diluted | ||||||||
-0.32 | -0.01 | 0.18 | -0.07 | -0.08 | -0.11 | -0.18 | 0.02 | -0.06 |
Weighted average shares used in calculating net income (loss) per share | ||||||||
Basic | ||||||||
113,601 | 113,213 | 110,997 | 109,385 | 109,019 | 108,983 | 108,961 | 108,247 | 105,203 |
Diluted | ||||||||
113,601 | 113,213 | 125,129 | 109,385 | 109,019 | 108,983 | 108,961 | 114,125 | 105,203 |
Other comprehensive income (loss), net of tax: | ||||||||
Changes in foreign currency translation adjustment | ||||||||
2,400 | -4,343 | -3,467 | -221 | 1,195 | 130 | 2,928 | 1,688 | - |
Net unrealized loss on available-for-sale securities, net of tax effects of $5,728, nil and nil for 2012, 2013 and 2014, respectively | ||||||||
- | - | - | - | - | -13 | -32 | - | - |
Reclassification adjustment of available-for-sale securities,net of tax effects of nil, nil and nil for 2012, 2013 and 2014, respectively | ||||||||
- | - | - | - | - | -45 | - | - | - |
Other comprehensive income (loss), net of tax | ||||||||
2,400 | -4,343 | -3,467 | -221 | 1,195 | 162 | 2,896 | 1,688 | - |
Comprehensive income (loss) | ||||||||
-39,987 | -15,309 | 23,350 | -10,852 | -6,978 | -11,797 | -16,567 | 3,322 | - |
Less: net income (loss) attributable to the noncontrolling interest | ||||||||
-5,651 | -9,287 | 4,335 | -3,462 | 399 | -104 | -137 | -325 | - |
Comprehensive income (loss) attributable to China Finance Online Co. Limited | ||||||||
-34,336 | -6,022 | 19,015 | -7,389 | -7,377 | -11,692 | -16,430 | 3,648 | - |