MARIN SOFTWARE INC MRIN Income Statement

Marin software inc (MRIN)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12
Revenues, net
8,660	11,384	11,728	12,476	13,448	15,825	13,153	14,251	15,402	-	18,224	18,742	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenues, net
-	-	-	-	-	-	-	-	-	-	-	-	20,333	-	24,013	25,753	27,188	29,015	26,327	26,775	26,413	27,002	25,684	23,853	22,815	21,829	20,113	18,218	17,155	17,051	15,501	14,032	12,974
Cost of revenues
5,345	5,536	5,567	5,929	5,811	6,160	6,459	6,963	7,572	7,733	8,256	8,207	8,324	8,451	8,668	8,894	9,190	9,454	10,375	10,599	9,709	9,323	9,145	8,763	8,383	8,097	7,944	7,696	7,372	7,036	6,485	5,989	5,254
Gross profit
3,315	5,848	6,161	6,547	7,637	9,665	6,694	7,288	7,830	9,959	9,968	10,535	12,009	14,473	15,345	16,859	17,998	19,561	15,952	16,176	16,704	17,679	16,539	15,090	14,432	13,732	12,169	10,522	9,783	10,015	9,016	8,043	7,720
Operating expenses
Sales and marketing
2,312	3,383	3,732	4,087	4,634	4,594	5,296	6,154	7,381	6,920	6,630	6,710	6,676	6,916	7,581	9,285	9,107	9,076	10,835	13,064	12,157	11,563	12,186	11,978	11,989	11,709	10,281	10,350	10,459	9,018	8,742	8,021	6,852
Research and development
3,437	4,418	3,872	4,660	4,895	5,007	5,471	5,817	6,155	6,108	6,672	6,646	7,138	6,520	6,268	7,044	8,009	7,478	8,162	9,194	8,484	8,217	7,824	6,627	6,083	5,660	5,072	4,904	5,079	4,363	3,606	3,078	2,967
General and administrative
1,981	2,317	2,631	2,277	3,221	3,049	2,921	3,766	3,377	4,402	3,920	3,945	4,177	5,168	4,735	5,018	4,969	5,134	5,882	5,655	5,720	5,791	5,682	5,368	4,416	4,273	4,681	4,026	4,048	3,431	3,091	2,517	4,393
Impairment of goodwill
-	-	0	-	-	-	14,740	-	-	-	0	2,797	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
7,730	12,028	10,235	11,024	12,750	12,650	28,428	15,737	16,913	17,430	17,222	20,098	17,991	18,604	18,584	21,347	22,085	21,688	24,879	27,913	26,361	25,571	25,692	23,973	22,488	21,642	20,034	19,280	19,586	16,812	15,439	13,616	14,212
Loss from operations
-4,415	-6,180	-4,074	-4,477	-5,113	-2,985	-21,734	-8,449	-9,083	-7,471	-7,254	-9,563	-5,982	-4,131	-3,239	-4,488	-4,087	-2,127	-8,927	-11,737	-9,657	-7,892	-9,153	-8,883	-8,056	-7,910	-7,865	-8,758	-9,803	-6,797	-6,423	-5,573	-6,492
Interest expense, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-39	-34	-18	-36	-63	-8	-11	-16	-33	-62	-66	-78	-82	-109	-184	-171	-137	-102	-110
Other income, net
469	540	640	532	540	585	336	377	295	231	-144	-563	262	237	188	411	33	356	-214	-164	244	-385	201	-286	4	-66	-16	-81	-408	-234	-25	-94	-103
Loss before provision for income taxes
-3,946	-576	-3,434	-3,945	-4,573	-2,400	-21,398	-8,072	-8,788	-7,240	-7,398	-10,126	-5,720	-3,803	-3,090	-4,111	-4,072	-1,807	-9,204	-11,909	-9,424	-	-	-9,231	-	-	-	-	-	-	-	-	-
Loss before provision for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-8,118	-	-7,963	-8,948	-10,395	-7,202	-6,585	-5,769	-6,705
Provision for income taxes
25	-50	-161	58	33	-38	96	204	324	-78	151	528	406	793	-37	307	341	331	300	138	236	-4,343	259	2,440	188	7	230	149	106	54	63	55	49
Net loss
-3,971	-526	-3,273	-4,003	-4,606	-2,362	-21,494	-8,276	-9,112	-7,271	-7,549	-10,545	-6,126	-4,596	-3,053	-4,418	-4,413	-2,138	-9,504	-12,047	-9,660	-8,830	-9,244	-6,791	-8,306	-8,061	-8,193	-9,097	-10,501	-7,256	-6,648	-5,824	-6,754
Foreign currency translation adjustments
83	-11	-54	76	-71	-129	-93	-578	444	282	585	1,119	219	-1,196	-15	-324	425	-404	-13	364	-977	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency translation adjustments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	589	-87	-129	-	0	-	-	-	-	-	-
Other comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Comprehensive loss
-3,888	-537	-3,327	-3,927	-4,677	-2,491	-21,587	-8,854	-8,668	-6,989	-6,964	-9,426	-5,907	-5,792	-3,068	-4,742	-3,988	-2,542	-9,517	-11,683	-10,637	-9,204	-9,833	-6,704	-8,177	-8,061	-8,193	-9,097	-10,501	-7,256	-6,648	-5,824	-6,754
Net loss per share available to common stockholders, basic and diluted (Note 10)
-0.58	-0.04	-0.49	-0.65	-0.77	-0.39	-3.71	-1.44	-1.59	-1.28	-1.34	-1.87	-1.10	-2.22	-0.55	-0.12	-0.12	-5.52	-0.26	-0.33	-0.27	-0.25	-0.27	-0.20	-0.25	0.60	-0.25	-0.28	-1.43	-1.53	-1.51	-1.37	-1.59
Weighted-average shares used to compute net loss per share available to common stockholders, basic and diluted
6,819	6,715	6,631	6,201	5,945	5,842	5,787	5,767	5,736	5,678	5,651	5,640	5,583	-59,654	5,503	38,280	37,767	-88,187	36,953	36,389	35,745	35,108	34,849	33,771	33,112	33,124	32,522	32,237	7,365	4,749	4,404	4,261	4,254
Stock-based compensation expense
446	564	653	762	685	-	875	1,030	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Allocated Share-based Compensation Expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,657	829	527	2,891
Amortization of intangible assets
95	346	468	468	532	598	598	651	690	699	700	721	730	730	730	794	826	826	826	836	646	484	485	162	0	-	0	0	-	-	-	-	-
Restructuring related expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	24	425	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of Revenues [Member]
Stock-based compensation expense
94	139	127	142	125	-	160	172	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of intangible assets
47	173	234	234	234	234	234	233	237	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring related expenses
-7	90	0	0	6	0	37	0	139	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales and Marketing [Member]
Stock-based compensation expense
110	141	155	205	180	-	181	271	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of intangible assets
0	0	0	0	64	131	130	184	213	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring related expenses
50	178	0	66	157	169	113	48	497	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Research and Development [Member]
Stock-based compensation expense
167	209	266	269	281	-	339	314	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of intangible assets
48	173	234	234	234	233	234	234	237	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring related expenses
0	0	0	0	0	0	0	0	115	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and Administrative [Member]
Stock-based compensation expense
75	75	105	146	99	-	195	273	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of intangible assets
0	0	0	0	0	0	0	0	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring related expenses
0	0	0	0	0	0	11	36	111	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of Sales [Member]
Allocated Share-based Compensation Expense
-	-	-	-	-	-	-	-	204	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling and Marketing Expense [Member]
Allocated Share-based Compensation Expense
-	-	-	-	-	-	-	-	240	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Research and Development Expense [Member]
Allocated Share-based Compensation Expense
-	-	-	-	-	-	-	-	339	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and Administrative Expense [Member]
Allocated Share-based Compensation Expense
-	-	-	-	-	-	-	-	245	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-