Limelight networks, inc. (LLNW)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'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 from Contract with Customer, Excluding Assessed Tax

57,012

60,129

51,321

45,904

43,280

43,992

49,315

50,249

52,114

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue

-

-

-

-

-

-

-

-

-

-

46,069

45,370

44,735

-

39,473

43,560

41,422

42,739

42,049

43,795

42,329

40,726

39,020

41,343

41,170

42,201

42,656

42,763

45,813

46,472

45,001

44,447

44,316

45,979

42,352

41,558

41,403

39,952

42,195

Cost of revenue:
Cost of services

31,113

28,585

25,602

22,769

22,941

-

21,519

21,206

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of services

-

-

-

-

-

-

-

-

21,054

-

19,287

19,464

19,007

19,642

18,834

20,271

20,110

20,388

21,502

21,271

21,657

20,612

18,672

21,326

21,566

22,063

22,138

22,226

22,356

23,033

21,313

20,379

20,501

22,064

20,243

21,061

19,608

19,148

18,501

Depreciation — network

5,150

5,287

4,961

4,628

4,317

3,940

3,761

4,196

4,380

-

4,506

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation network

-

-

-

-

-

-

-

-

-

-

-

4,531

4,557

-

4,401

4,489

4,668

4,810

4,636

4,376

4,153

3,985

4,207

4,144

4,337

4,864

5,278

6,120

6,680

7,009

6,970

7,184

6,829

7,022

7,035

7,316

6,657

5,828

5,324

Total cost of revenue

36,263

33,872

30,563

27,397

27,258

26,081

25,280

25,402

25,434

25,209

23,793

23,995

23,564

24,116

23,235

24,760

24,778

25,198

26,138

25,647

25,810

24,597

22,879

25,470

25,903

26,927

27,416

28,346

29,036

30,042

28,283

27,563

27,330

29,086

27,278

28,377

26,265

24,976

23,825

Gross profit

20,749

26,257

20,758

18,507

16,022

17,911

24,035

24,847

26,680

22,977

22,276

21,375

21,171

19,663

16,238

18,800

16,644

17,541

15,911

18,148

16,519

16,129

16,141

15,873

15,267

15,274

15,240

14,417

16,777

16,430

16,718

16,884

16,986

16,893

15,074

13,181

15,138

14,976

18,370

Operating expenses:
General and administrative

7,882

7,554

7,356

8,340

7,535

7,482

7,851

7,517

9,522

8,656

8,079

6,804

8,514

7,960

8,033

7,241

6,808

5,510

6,586

6,081

6,850

6,210

7,295

7,643

7,028

7,882

8,244

8,009

7,769

9,370

8,757

8,053

8,320

7,174

8,416

8,471

6,611

6,328

9,609

Sales and marketing

11,894

10,399

10,713

10,994

10,972

9,485

9,766

10,022

10,280

8,998

8,836

8,997

9,267

8,214

7,711

8,117

8,903

8,101

9,489

10,002

10,276

9,103

8,731

9,370

10,254

9,928

10,363

10,699

10,484

10,613

11,037

11,762

11,632

10,207

9,176

9,929

10,798

10,021

11,319

Research and development

5,618

5,460

5,160

6,013

5,901

5,781

5,882

6,073

6,339

5,964

6,443

6,715

6,220

6,095

5,626

6,289

6,325

6,678

7,429

7,646

6,263

6,014

5,514

4,859

4,578

5,189

5,423

5,650

5,741

5,074

4,956

4,986

5,166

4,609

4,360

4,503

3,691

2,909

3,478

Depreciation and amortization

341

328

172

127

245

476

616

633

588

587

603

597

589

590

613

626

623

1,006

648

635

640

661

825

977

1,066

1,479

1,433

1,442

1,450

1,514

1,481

1,450

1,398

1,533

1,499

1,204

551

699

1,603

Provision for litigation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

54,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for litigation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

25,735

23,741

23,401

25,474

24,653

23,224

24,115

24,245

26,729

24,205

23,961

23,113

24,590

22,859

21,983

76,273

22,659

21,295

24,152

24,364

24,029

21,988

22,365

22,849

22,926

24,478

25,463

25,800

25,444

26,571

26,231

26,251

26,516

23,523

23,451

24,107

21,651

19,957

26,009

Operating loss

-4,986

2,516

-2,643

-6,967

-8,631

-5,313

-80

602

-49

-1,228

-1,685

-1,738

-3,419

-3,196

-5,745

-57,473

-6,015

-3,754

-8,241

-6,216

-7,510

-5,859

-6,224

-6,976

-7,659

-9,204

-10,223

-11,383

-8,667

-10,141

-9,513

-9,367

-9,530

-6,630

-8,377

-10,926

-6,513

-4,981

-7,639

Other income (expense):
Interest expense

10

46

10

10

10

10

10

7

59

38

18

10

14

54

406

279

179

25

0

0

4

6

7

7

12

13

15

21

27

41

40

46

50

74

89

100

36

-

7

Interest income

25

24

81

110

212

229

177

134

130

129

127

121

117

101

8

8

6

86

82

75

74

73

66

67

70

83

89

79

70

79

88

83

106

128

186

254

184

210

255

Gain (Loss) Related to Litigation Settlement

-

-

0

0

-

-

0

14,900

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of cost basis investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,420

-

-

-

-

-

-

-

-

Other, net

-110

169

-13

-70

-6

91

-246

-221

112

204

8

153

87

-570

151

-79

400

-406

473

-131

1,812

807

1,192

-195

17

4,489

-557

143

568

-21

-551

56

-86

-328

-18

32

3

-145

28

Total other income (expense)

-95

147

58

30

196

310

-79

14,806

183

295

117

264

190

-523

-247

-350

227

-345

555

-56

1,882

874

1,251

-135

75

4,559

-483

201

611

17

8,917

93

-30

-274

79

186

151

65

276

Loss before income taxes

-5,081

-

-2,585

-6,937

-8,435

-

-159

15,408

134

-

-1,568

-1,474

-3,229

-

-5,992

-57,823

-5,788

-4,099

-7,686

-6,272

-5,628

-4,985

-4,973

-7,111

-7,584

-4,645

-10,706

-11,182

-8,056

-10,124

-596

-9,274

-9,560

-6,904

-8,298

-10,740

-6,362

-4,916

-7,363

Income tax expense

176

205

166

255

124

191

113

249

-15

-21

188

151

108

200

130

115

158

46

76

90

55

22

98

27

56

59

197

51

80

167

14

163

137

-909

-1,896

429

138

406

-5,098

Loss from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-10,291

-610

-9,437

-9,697

-18,799

6,402

-11,169

-6,500

-5,322

-

Income from discontinued operations, net of income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4

269

-

-

-15

0

-

-1,943

-218

-391

-309

22,282

-11,420

-2,766

-3,318

-632

-

Net Income (Loss) Attributable to Parent

-5,257

2,458

-2,751

-7,192

-8,559

-5,194

-272

15,159

149

-

-1,756

-1,625

-

-

-

-

-

-

-

-

-

-

-5,075

-6,869

-

-5,115

-10,918

-11,233

-8,136

-12,234

-828

-9,828

-10,006

-6,553

5,018

-13,935

-9,818

-5,954

-2,265

Net (loss) income per share:
Basic and diluted net loss per share, Continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.05

-0.07

-

-

-0.11

-0.12

-

-

-

-

-

-

-

-

-

-

-

Net income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-3,337

-

-6,122

-57,938

-5,946

-

-7,762

-6,362

-5,683

-

-5,071

-7,138

-7,640

-

-10,903

-11,233

-

-

-

-

-

-

-

-

-

-

-

Earnings Per Share [Abstract]
Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

-

-

0.00

0.00

-

-

-

-

-

-

-

-

-

-

-

Basic and diluted net loss per share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.06

-0.56

-0.06

-0.04

-0.08

-0.06

-0.06

-0.05

-0.05

-0.07

-0.08

-

-0.11

-0.12

-

-

-

-

-

-

-

-

-

-

-

Basic (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.08

-

-0.01

-0.10

-0.09

-0.06

-0.06

-0.10

-0.06

-0.05

-

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

-0.01

0.00

0.10

-0.02

-0.03

-0.01

-

Basic (in dollars per share)

-0.04

0.01

-0.02

-0.06

-0.07

-0.05

0.00

0.14

0.00

-0.01

-0.02

-0.01

-0.03

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.01

-0.10

-0.10

-0.06

0.04

-0.12

-0.09

-0.06

-0.02

Diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.08

-

-0.01

-0.10

-0.09

-0.06

-0.06

-0.10

-0.06

-0.05

-

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

-0.01

0.00

0.10

-0.02

-0.03

-0.01

-

Diluted (in dollars per share)

-0.04

0.01

-0.02

-0.06

-0.07

-0.05

0.00

0.13

0.00

-0.01

-0.02

-0.01

-0.03

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.01

-0.10

-0.10

-0.06

0.04

-0.12

-0.09

-0.06

-0.02

Weighted average shares used in per share calculation:
Basic and diluted weighted average outstanding shares of common stock (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

104,860

103,904

102,693

101,391

100,552

99,841

98,636

98,637

98,458

98,419

97,946

-

96,949

96,257

-

-

-

-

-

-

-

-

-

-

-

Basic (shares)

118,964

117,605

116,270

115,275

114,410

113,579

112,760

111,356

110,761

110,129

109,342

108,422

107,363

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

96,818

-

99,359

102,783

104,226

210,065

113,662

113,113

103

98,634

93,889

Diluted (shares)

118,964

117,605

116,270

115,275

114,410

128,338

112,760

120,033

118,909

110,129

109,342

108,422

107,363

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

96,818

-

99,359

102,783

104,226

210,065

113,662

113,113

103

98,634

93,889