Lovesac co (LOVE)
Income statement / Quarterly
Feb'20Nov'19Aug'19May'19Feb'19Nov'18Oct'18Aug'18Jul'18May'18Oct'17Jul'17
Net sales

92,175

52,097

48,146

40,958

64,177

41,685

41,685

33,249

33,249

26,768

24,391

20,745

Cost of merchandise sold

47,016

25,843

23,861

19,965

28,669

18,799

18,799

15,410

15,410

12,121

10,724

9,213

Gross profit

45,158

26,253

24,285

20,992

35,508

22,886

22,886

17,838

17,838

14,647

13,667

11,531

Operating expenses
Selling, general and administration expenses

27,843

24,484

21,956

23,861

18,003

19,329

19,329

20,454

23,899

15,194

12,095

13,528

Advertising and marketing

10,476

7,258

6,069

5,389

5,196

5,164

5,164

3,594

-

4,407

2,798

-

Depreciation and amortization

1,508

1,377

1,205

1,065

620

1,084

1,084

758

758

670

835

338

Total operating expenses

39,829

33,120

29,232

30,316

27,415

25,578

25,578

24,807

24,658

20,272

15,729

13,866

Operating loss

5,329

-6,867

-4,946

-9,324

8,092

-2,691

-2,691

-6,969

-6,819

-5,625

-2,062

-2,334

Interest income, net

108

134

169

234

212

200

200

-0

-

-57

-114

-

Interest expense, net

-

-

-

-

-

-

-

-

0

-

-

79

Net loss before taxes

5,437

-6,732

-4,777

-9,089

8,305

-2,490

-2,490

-6,969

-6,819

-5,683

-2,176

-2,414

Provision for income taxes

21

15

-6

12

-

-

0

-

149

-

0

0

Net loss

5,416

-6,748

-4,770

-9,101

8,439

-2,490

-2,490

-6,969

-6,969

-5,683

-2,176

-2,414

Net loss per common share:
Basic and diluted

0.39

-0.46

-0.33

-0.67

1.90

-0.22

-0.22

-3.71

-3.71

-1.25

-0.43

-0.45

Weighted average number of common shares outstanding:
Basic and diluted

14,501

14,538

14,331

13,669

13,538

13,465

13,465

9,077

9,077

6,065

6,000

6,000