Neophotonics corp (NPTN)
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

97,401

-

92,392

81,690

79,366

-

81,748

81,102

68,586

-

71,121

73,214

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of goods sold

67,675

72,154

66,193

66,015

63,629

68,518

62,815

65,630

59,404

-

60,608

56,437

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue

-

-

-

-

-

-

-

-

-

-

-

-

71,688

-

103,312

99,129

99,145

89,123

83,560

85,372

81,384

78,982

81,576

77,451

68,168

74,375

76,814

74,990

56,063

62,023

66,152

63,025

54,223

57,184

42,848

50,977

50,020

47,126

45,554

Cost of goods sold

-

-

-

-

-

-

-

-

-

-

-

-

53,185

-

75,863

71,600

68,023

64,013

59,788

59,226

57,331

56,296

61,512

62,883

54,368

54,739

58,635

59,389

44,306

47,973

45,536

47,837

42,817

44,910

30,827

37,346

37,861

32,913

30,656

Gross profit

29,726

31,202

26,199

15,675

15,737

22,586

18,933

15,472

9,182

15,686

10,513

16,777

18,503

31,033

27,449

27,529

31,122

25,110

23,772

26,146

24,053

22,686

20,064

14,568

13,800

19,636

18,179

15,601

11,757

14,050

20,616

15,188

11,406

12,274

12,021

13,631

12,159

14,213

14,898

Operating expenses:
Research and development

11,884

15,470

13,688

13,793

14,683

13,510

13,177

13,243

13,888

13,875

14,662

14,206

15,544

15,170

17,474

11,780

12,952

11,831

10,763

11,457

10,482

9,976

11,842

12,085

12,056

12,832

12,227

11,087

9,707

8,535

9,893

9,322

10,538

11,039

7,059

6,365

6,392

6,091

5,240

Sales and marketing

3,659

4,030

3,832

3,623

4,603

4,362

4,351

3,891

4,124

4,847

4,071

3,910

4,932

4,921

5,936

3,807

3,931

4,384

3,789

3,906

3,744

3,668

3,075

3,571

3,411

3,727

3,580

3,349

3,586

3,458

3,354

3,406

3,023

3,368

3,103

2,233

2,982

2,677

2,396

General and administrative

6,789

7,429

7,403

7,174

7,753

6,894

8,592

7,267

7,650

7,661

7,637

7,729

11,426

7,662

9,822

7,841

9,084

8,636

7,384

7,419

8,196

7,678

6,712

8,193

8,987

8,159

8,905

7,889

5,059

4,821

6,530

6,409

6,601

6,298

5,877

4,625

4,111

4,440

3,387

Amortization of purchased intangible assets

0

0

0

0

119

118

118

120

119

117

119

118

118

234

462

460

453

447

447

448

449

366

378

379

379

404

381

426

321

320

321

321

354

326

104

272

292

286

285

Asset sale related costs

12

9

12

47

329

83

251

79

14

-

78

21

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition and asset sale related costs

-

-

-

-

-

-

-

-

-

-

-

-

130

-

148

775

-

467

180

147

140

-

-

-

-

89

126

681

4,510

501

240

312

394

-

-

-

-

-

-

Adjustment to fair value of contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

Restructuring charges

0

0

3

79

179

1,349

1,133

622

31

384

2,829

494

227

-

0

-

-

0

18

20

6

-

504

-

-

-

450

-

325

-

-

-

130

-

-

-

-

-

-

Loss (gain) on asset sale

-

-

0

800

-

-

0

0

-

193

0

0

2,000

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asset impairment charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

368

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Adjustment to fair value of contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,026

-

-

-308

-850

-1,303

1,907

-

-

-

-

-

-

Escrow settlement gain

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,886

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

22,344

26,852

24,938

23,899

27,666

29,161

27,622

25,222

25,826

26,592

29,396

26,478

30,377

29,189

33,842

24,663

26,420

25,765

22,949

23,397

23,017

22,564

22,511

20,342

24,833

25,211

26,695

23,432

23,508

17,265

19,488

18,467

22,947

35,136

16,143

13,495

13,777

13,494

11,308

Income (loss) from operations

7,382

4,350

1,261

-8,224

-11,929

-6,575

-8,689

-9,750

-16,644

-10,906

-18,883

-9,701

-11,874

1,844

-6,393

2,866

4,702

-655

823

2,749

1,036

122

-2,447

-5,774

-11,033

-5,575

-8,516

-7,831

-11,751

-3,215

1,128

-3,279

-11,541

-22,862

-4,122

136

-1,618

719

3,590

Interest income

98

83

95

99

99

97

85

122

93

57

37

31

73

76

95

77

55

37

31

23

30

34

52

38

65

79

66

72

131

168

147

145

132

253

76

44

34

44

60

Interest expense

378

447

483

496

493

486

540

759

708

619

495

111

137

98

103

99

102

110

171

456

506

332

375

311

251

240

251

342

163

134

135

145

154

192

52

60

118

175

176

Other income (expense), net

1,198

-1,810

2,960

1,090

-1,598

-445

1,310

930

-349

-93

-41

-11

249

1,300

18

458

-1,304

1,533

1,852

602

-46

2,519

1,735

-635

-607

1,618

115

-273

-274

696

154

0

-275

-53

191

14,134

-26

-

-

Other income (expense), net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-105

18

Total interest and other income (expense), net

918

-2,174

2,572

693

-1,992

-834

855

293

-964

-655

-499

-91

185

1,278

10

436

-1,351

1,460

1,712

169

-522

2,221

1,412

-908

-793

1,457

-70

-543

-306

730

166

0

-297

8

215

14,118

-110

-236

-98

Income (loss) before income taxes

8,300

-

3,833

-7,531

-13,921

-

-7,834

-9,457

-17,608

-

-19,382

-9,792

-11,689

-

-6,383

3,302

3,351

-

-

-

-

-

-

-6,682

-11,826

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

805

2,535

2,918

514

-

-1,035

-

-

-4,118

-8,586

-8,374

-12,057

-2,485

1,294

-3,279

-11,838

-22,854

-3,907

14,254

-1,728

483

3,492

Income tax provision

1,993

107

1,561

-205

170

-680

291

1,080

638

2,722

-1,195

-451

-167

1,126

804

626

1,041

406

1,157

1,127

414

758

902

97

762

334

777

-90

183

476

571

377

-60

-22

258

547

372

405

710

Loss from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,961

723

-3,656

-11,778

-22,832

-4,165

13,707

-2,100

-

-

Income from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-28

0

0

170

523

75

-127

165

-

-

Net income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

78

2,782

Net income attributable to noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Net income (loss)

6,307

2,069

2,272

-7,326

-14,091

-6,729

-8,125

-10,537

-18,246

-14,283

-18,187

-9,341

-11,522

1,996

-7,187

2,676

2,310

399

1,378

1,791

100

1,585

-1,937

-6,779

-12,588

-4,452

-9,363

-8,284

-12,240

-2,989

723

-3,656

-11,608

-22,309

-4,090

13,580

-1,935

78

2,782

Deemed dividend on beneficial conversion of Series X redeemable convertible preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

17,049

0

-

Accretion of redeemable convertible preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

7

22

32

Net loss attributable to NeoPhotonics Corporation common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-22,309

-4,090

13,580

-18,991

56

2,750

Continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.02

-

-

-

-0.17

0.56

-

-

-

Discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-0.01

-

-

-

Basic net income (loss) per share (in dollars per share)

0.13

-

0.05

-0.16

-0.30

-

-0.18

-0.24

-0.41

-

-0.42

-0.22

-0.27

0.05

-0.17

0.06

0.06

0.02

0.03

0.05

0.00

0.06

-0.06

-0.21

-0.40

-

-

-

-

-

0.02

-

-

-

-0.17

0.55

-

0.00

-

Continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.13

-

-

-0.17

0.54

-

-

-

Discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-0.01

-

-

-

Diluted net income (loss) per share (in dollars per share)

0.12

-

0.05

-0.16

-0.30

-

-0.18

-0.24

-0.41

-

-0.42

-0.22

-0.27

0.06

-0.17

0.06

0.05

0.01

0.03

0.05

0.00

0.06

-0.06

-0.21

-0.40

-

-

-

-

-

-

-0.13

-

-

-0.17

0.53

-

0.00

-

Weighted average shares used to compute basic net income (loss) per share (in shares)

48,615

-

47,666

46,754

46,414

-

45,476

44,665

44,259

-

43,790

43,219

42,615

42,430

42,038

41,603

41,121

40,853

40,367

35,684

32,780

32,653

32,383

31,790

31,610

-

-

-

-

-

30,215

-

-

-

24,744

24,694

-

1,936

1,934

Weighted average shares used to compute diluted net income (loss) per share (in shares)

50,617

-

48,615

46,754

46,414

-

45,476

44,665

44,259

-

43,790

43,219

42,615

37,186

42,038

44,320

43,648

42,202

42,217

37,294

33,031

32,653

32,383

31,790

31,610

-

-

-

-

-

30,611

-

-

-

24,744

25,561

-

2,858

2,709

Continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.47

-

-

-

-1.27

-

-

Discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.01

-

-

-

0.01

-

-

Basic and diluted net loss per share (USD per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.30

-0.27

-0.40

-

-

-

-0.46

-

-

-

-1.26

-

-

Weighted average shares used to compute basic and diluted net loss per share (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

31,185

30,780

30,574

-

-

28,402

24,870

-

-

-

-

-

-

Weighted average shares used to compute basic and diluted net income (loss) per share attributable to NeoPhotonics Corporation common stockholders:

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,069

-

-