Nlight, inc. (LASR)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17
Total revenue

43,215

42,896

43,814

48,048

41,861

46,162

51,025

51,705

42,467

37,482

36,547

34,664

29,887

Total cost of revenue

33,714

32,904

30,852

32,177

28,347

29,656

32,978

34,026

27,738

25,200

24,202

23,984

20,920

Gross Profit

9,501

9,992

12,962

15,871

13,514

16,506

18,047

17,679

14,729

12,282

12,345

10,680

8,967

Operating expenses:
Research and development

8,538

8,819

6,402

6,494

6,422

6,398

5,475

4,898

4,283

3,538

3,849

4,010

3,726

Sales, general, and administrative

7,700

10,139

7,256

8,572

8,144

7,889

7,485

7,232

6,238

6,053

3,897

4,774

4,629

Total operating expenses

16,238

18,958

13,658

15,066

14,566

14,287

12,960

12,130

10,521

9,591

7,746

8,784

8,355

Loss from operations

-6,737

-8,966

-696

805

-1,052

2,219

5,087

5,549

4,208

2,691

4,599

1,896

612

Other income (expense):
Interest income, net

283

454

665

740

750

655

298

-6

-219

-222

-76

-469

-502

Other income (expense), net

-116

532

90

-907

820

250

-537

-42

76

6

-1,043

-630

-167

Income (loss) before income taxes

-6,570

-7,980

59

638

518

3,124

4,848

5,501

4,065

2,475

3,480

797

-57

Income tax expense

905

2,736

837

793

1,753

764

839

848

1,149

1,382

1,236

1,084

1,156

Net Income (Loss) Attributable to Parent

-7,475

-10,716

-778

-155

-1,235

2,360

4,009

4,653

2,916

1,093

2,244

-287

-1,213

Less: Income allocated to participating securities

-

-

0

0

-

0

0

1,499

2,916

-407

2,244

0

0

Net income (loss) attributable to common stockholders

-

-

-778

-155

-

2,360

4,009

3,154

0

1,500

0

-287

-1,213

Net income (loss) per share, basic (in dollars per share)

-0.20

-0.30

-0.02

0.00

-0.03

0.14

0.11

0.13

0.00

-

0.00

-0.11

-

Net income (loss) per share, diluted (in dollars per share)

-0.20

-0.30

-0.02

0.00

-0.03

0.11

0.10

0.11

0.00

-

0.00

-0.11

-

Shares used in per share calculations:
Basic (in shares)

37,846

37,455

37,262

37,065

36,694

36,919

35,007

24,491

3,031

-

2,751

2,626

-

Diluted (in shares)

37,846

37,455

37,262

37,065

36,694

46,717

40,332

29,756

3,031

-

2,751

2,626

-

Net income (loss) per share, basic and diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-0.47

Shares used in basic and diluted per share calculations (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

2,600

Products
Total revenue

36,930

-

-

-

41,861

-

-

-

-

-

-

-

-

Total cost of revenue

27,900

-

-

-

28,347

-

-

-

-

-

-

-

-

Development
Total revenue

6,285

-

-

-

0

-

-

-

-

-

-

-

-

Total cost of revenue

5,814

-

-

-

0

-

-

-

-

-

-

-

-