Model n, inc. (MODN)
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'12Jun'12Mar'12
Revenue from Contract with Customer [Abstract]
Total revenues

39,952

38,388

36,603

34,712

34,843

35,077

36,714

39,617

39,234

39,067

35,605

34,244

33,257

28,063

28,508

27,917

26,059

24,487

25,381

23,610

22,676

22,101

20,278

19,269

20,650

21,559

27,757

27,247

24,559

22,341

22,773

20,240

SaaS and maintenance

-

-

-

-

-

-

-

-

-

-

-

-

27,257

22,640

-

22,798

21,236

19,925

16,990

15,251

12,935

12,420

12,394

11,196

10,804

12,029

11,985

10,828

10,078

9,879

9,582

8,581

Cost of revenues
SaaS and maintenance

-

-

-

-

-

-

-

-

-

-

-

-

11,880

10,208

-

10,330

10,238

9,012

7,786

6,928

5,789

5,511

5,175

5,302

5,269

5,346

5,181

4,865

4,781

4,523

5,616

5,168

Total cost of revenues

16,483

16,352

16,953

15,864

16,746

16,567

14,827

16,445

17,253

16,809

15,463

15,772

16,039

13,822

13,574

13,851

13,839

12,429

11,535

10,948

9,560

9,526

8,872

9,114

9,813

9,945

12,126

12,392

11,581

10,083

11,328

10,683

Gross profit

23,469

22,036

19,650

18,848

18,097

18,510

21,887

23,172

21,981

22,258

20,142

18,472

17,218

14,241

14,934

14,066

12,220

12,058

13,846

12,662

13,116

12,575

11,406

10,155

10,837

11,614

15,631

14,855

12,978

12,258

11,445

9,557

Operating expenses
Research and development

9,102

8,516

8,122

7,060

7,415

7,412

7,555

7,746

8,047

9,068

7,762

8,393

8,934

5,975

6,057

6,190

6,175

5,284

4,728

4,438

4,286

4,454

4,348

4,814

4,681

4,867

4,107

4,063

4,483

4,119

4,491

4,817

Sales and marketing

10,953

9,013

9,080

7,164

8,598

8,052

8,637

9,338

9,015

8,492

10,258

10,739

11,608

8,734

8,265

7,982

8,307

7,707

8,046

7,657

7,857

6,740

7,705

6,664

6,336

5,293

4,782

5,256

5,770

5,336

5,356

5,705

General and administrative

7,545

6,965

7,511

6,713

6,833

6,156

9,079

17,044

7,324

8,731

9,332

8,096

11,668

7,185

8,278

8,409

6,644

6,720

5,987

6,267

5,290

5,588

5,153

5,403

4,717

4,398

4,545

3,883

3,758

3,877

2,618

2,773

Restructuring

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-43

0

69

-

0

0

-

-

-

Total operating expenses

27,600

24,494

24,713

20,937

22,846

21,620

25,271

34,128

24,386

26,291

27,352

27,228

32,210

21,894

22,600

22,581

21,126

19,711

18,761

18,362

17,433

16,782

17,206

16,838

15,734

14,627

14,649

13,202

14,011

13,332

12,465

13,295

Loss from operations

-4,131

-2,458

-5,063

-2,089

-4,749

-3,110

-3,384

-10,956

-2,405

-4,033

-7,210

-8,756

-14,992

-7,653

-7,666

-8,515

-8,906

-7,653

-4,915

-5,700

-4,317

-4,207

-5,800

-6,683

-4,897

-3,013

982

1,653

-1,033

-1,074

-1,020

-3,738

Interest expense, net

-402

-563

-620

-689

-891

-733

-828

-4,478

-1,449

-1,423

-1,370

-1,442

-1,380

33

22

14

13

1

0

0

2

4

-

3

3

-

-

-

-

-

160

170

Interest income, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

-

-85

-115

-126

-

-

Other expenses (income), net

243

12

89

4

-127

-285

416

344

87

-125

15

-3

-228

154

-63

22

12

-57

81

-6

-92

39

-5

-24

-56

-31

6

48

-660

-52

36

-179

Loss before income taxes

-4,290

-3,009

-5,594

-2,774

-5,767

-4,128

-3,796

-15,090

-3,767

-5,581

-8,565

-10,201

-16,600

-7,466

-7,707

-8,479

-8,881

-7,709

-4,834

-5,706

-4,407

-4,164

-5,803

-6,704

-4,950

-3,040

957

1,616

-1,808

-1,252

-1,144

-4,087

Income Tax Expense (Benefit)

339

-11

61

230

141

598

-177

345

129

-324

457

234

-4,110

134

49

167

29

90

121

80

192

135

123

96

82

83

209

81

88

61

92

68

Net Income (Loss) Attributable to Parent

-4,629

-2,998

-5,655

-3,004

-5,908

-4,726

-3,619

-15,435

-3,896

-5,257

-9,022

-10,435

-12,490

-7,600

-7,756

-8,646

-8,910

-7,799

-4,955

-5,786

-4,599

-4,299

-5,926

-6,800

-5,032

-3,123

748

1,535

-1,896

-1,313

-1,236

-4,155

Earnings Per Share, Basic and Diluted [Abstract]
Basic and diluted (in dollars per share)

-0.14

-0.09

-0.18

-0.09

-0.18

-0.15

-0.12

-0.50

-0.13

-0.18

-0.31

-0.36

-0.44

-0.27

-0.28

-0.31

-0.33

-0.29

-0.19

-0.22

-0.18

-0.17

-0.25

-0.27

-0.21

-0.13

-

-

-0.19

-0.16

-

-0.54

Basic

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.07

-

-

-0.16

-

Diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.06

-

-

-0.16

-

Weighted Average Number of Shares Outstanding, Diluted [Abstract]
Weighted Average Number of Shares Outstanding, Basic and Diluted

33,794

33,145

32,845

32,596

31,999

31,488

31,347

30,749

29,983

29,401

29,200

28,936

28,452

28,008

27,878

27,573

27,238

26,827

26,544

26,317

25,880

25,319

24,943

24,794

24,406

23,452

-

-

10,137

8,028

-

7,730

Basic

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22,798

-

-

7,912

-

Diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

26,071

-

-

7,912

-

Subscription
Total revenues

28,991

28,182

27,439

26,638

25,940

25,202

25,513

24,944

24,004

23,847

-

-

27,257

22,640

-

22,798

-

-

-

-

-

-

-

11,196

10,804

12,029

-

10,828

10,078

9,879

9,582

8,581

Total cost of revenues

8,798

8,710

8,970

8,658

8,852

8,738

9,201

9,564

9,440

9,615

-

-

6,000

5,423

-

5,119

4,823

4,562

8,391

8,359

9,741

9,681

7,884

8,073

9,846

9,530

15,772

16,419

14,481

12,462

13,191

11,659

Professional services
Total revenues

10,961

10,206

9,164

8,074

8,903

9,875

11,201

14,673

15,230

15,220

-

-

11,880

10,208

-

10,330

-

-

-

-

-

-

-

5,302

5,269

5,346

-

4,865

4,781

4,523

5,616

5,168

Total cost of revenues

7,685

7,642

7,983

7,206

7,894

7,829

5,626

6,881

7,813

7,194

-

-

4,159

3,614

-

3,521

3,601

3,417

3,749

4,020

3,771

4,015

3,697

3,812

4,544

4,599

6,945

7,527

6,800

5,560

5,712

5,515