NeoPhotonics Corp NPTN Income Statement

Neophotonics corp (NPTN)

Income statement / TTM

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	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenue
0	-	0	0	0	-	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of goods sold
272,037	267,991	264,355	260,977	260,592	256,367	248,457	242,079	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenue
-	-	-	-	-	-	-	-	-	-	-	-	383,966	-	390,709	370,957	357,200	339,439	329,298	327,314	319,393	306,177	301,570	296,808	294,347	282,242	269,890	259,228	247,263	245,423	240,584	217,280	205,232	201,029	190,971	193,677	0	0	0
Cost of goods sold
-	-	-	-	-	-	-	-	-	-	-	-	279,452	-	279,499	263,424	251,050	240,358	232,641	234,365	238,022	235,059	233,502	230,625	227,131	217,069	210,303	197,204	185,652	184,163	181,100	166,391	155,900	150,944	138,947	138,776	0	0	0
Gross profit
102,802	88,813	80,197	72,931	72,728	66,173	59,273	50,853	52,158	61,479	76,826	93,762	104,514	117,133	111,210	107,533	106,150	99,081	96,657	92,949	81,371	71,118	68,068	66,183	67,216	65,173	59,587	62,024	61,611	61,260	59,484	50,889	49,332	50,085	52,024	54,901	0	0	0
Operating expenses:
Research and development
54,835	57,634	55,674	55,163	54,613	53,818	54,183	55,668	56,631	58,287	59,582	62,394	59,968	57,376	54,037	47,326	47,003	44,533	42,678	43,757	44,385	45,959	48,815	49,200	48,202	45,853	41,556	39,222	37,457	38,288	40,792	37,958	35,001	30,855	25,907	24,088	0	0	0
Sales and marketing
15,144	16,088	16,420	16,939	17,207	16,728	17,213	16,933	16,952	17,760	17,834	19,699	19,596	18,595	18,058	15,911	16,010	15,823	15,107	14,393	14,058	13,725	13,784	14,289	14,067	14,242	13,973	13,747	13,804	13,241	13,151	12,900	11,727	11,686	10,995	10,288	0	0	0
General and administrative
28,795	29,759	29,224	30,413	30,506	30,403	31,170	30,215	30,677	34,453	34,454	36,639	36,751	34,409	35,383	32,945	32,523	31,635	30,677	30,005	30,779	31,570	32,051	34,244	33,940	30,012	26,674	24,299	22,819	24,361	25,838	25,185	23,401	20,911	19,053	16,563	0	0	0
Amortization of purchased intangible assets
0	119	237	355	475	475	474	475	473	472	589	932	1,274	1,609	1,822	1,807	1,795	1,791	1,710	1,641	1,572	1,502	1,540	1,543	1,590	1,532	1,448	1,388	1,283	1,316	1,322	1,105	1,056	994	954	1,135	0	0	0
Asset sale related costs
80	397	471	710	742	427	422	192	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition and asset sale related costs
-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	-	934	0	0	0	-	-	-	-	5,406	5,818	5,932	5,563	1,447	0	0	0	-	-	-	-	-	-
Adjustment to fair value of contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-
Restructuring charges
82	261	1,610	2,740	3,283	3,135	2,170	3,866	3,738	3,934	3,550	0	0	-	0	-	-	44	548	0	0	-	0	-	-	-	0	-	0	-	-	-	0	-	-	-	-	-	-
Loss (gain) on asset sale
-	-	0	0	-	-	0	0	-	2,193	2,000	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset impairment charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adjustment to fair value of contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-554	0	0	0	-	-	-	-	-	-
Escrow settlement gain
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
98,033	103,355	105,664	108,348	109,671	107,831	105,262	107,036	108,292	112,843	115,440	119,886	118,071	114,114	110,690	99,797	98,531	95,128	91,927	91,489	88,434	90,250	92,897	97,081	100,171	98,846	90,900	83,693	78,728	78,167	96,038	92,693	87,721	78,551	56,909	52,074	0	0	0
Income (loss) from operations
4,769	-14,542	-25,467	-35,417	-36,943	-41,658	-45,989	-56,183	-56,134	-51,364	-38,614	-26,124	-13,557	3,019	520	7,736	7,619	3,953	4,730	1,460	-7,063	-19,132	-24,829	-30,898	-32,955	-33,673	-31,313	-21,669	-17,117	-16,907	-36,554	-41,804	-38,389	-28,466	-4,885	2,827	0	0	0
Interest income
375	376	390	380	403	397	357	309	218	198	217	275	321	303	264	200	146	121	118	139	154	189	234	248	282	348	437	518	591	592	677	606	505	407	198	182	0	0	0
Interest expense
1,804	1,919	1,958	2,015	2,278	2,493	2,626	2,581	1,933	1,362	841	449	437	402	414	482	839	1,243	1,465	1,669	1,524	1,269	1,177	1,053	1,084	996	890	774	577	568	626	543	458	422	405	529	0	0	0
Other income (expense), net
3,438	642	2,007	357	197	1,446	1,798	447	-494	104	1,497	1,556	2,025	472	705	2,539	2,683	3,941	4,927	4,810	3,573	3,012	2,111	491	853	1,186	264	303	576	575	-174	-137	13,997	14,246	0	0	0	-	-
Other income (expense), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Total interest and other income (expense), net
2,009	-901	439	-1,278	-1,678	-650	-471	-1,825	-2,209	-1,060	873	1,382	1,909	373	555	2,257	1,990	2,819	3,580	3,280	2,203	1,932	1,168	-314	51	538	-189	47	590	599	-123	-74	14,044	14,231	13,987	13,674	0	0	0
Income (loss) before income taxes
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,772	4,932	0	0	-	0	-	-	-33,135	-31,502	-21,622	-16,527	-16,308	-36,677	-41,878	-24,345	-14,235	9,102	16,501	0	0	0
Income tax provision
3,456	1,633	846	-424	861	1,329	4,731	3,245	1,714	909	-687	1,312	2,389	3,597	2,877	3,230	3,731	3,104	3,456	3,201	2,171	2,519	2,095	1,970	1,783	1,204	1,346	1,140	1,607	1,364	866	553	723	1,155	1,582	2,034	0	0	0
Loss from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-17,672	-37,543	-42,431	-25,068	-15,390	0	0	0	-	-
Income from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	142	693	768	641	636	0	0	0	-	-
Net income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Net income attributable to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Net income (loss)
3,322	-17,076	-25,874	-36,271	-39,482	-43,637	-51,191	-61,253	-60,057	-53,333	-37,054	-26,054	-14,037	-205	-1,802	6,763	5,878	3,668	4,854	1,539	-7,031	-19,719	-25,756	-33,182	-34,687	-34,339	-32,876	-22,790	-18,162	-17,530	-36,850	-41,663	-24,427	-14,754	7,633	14,505	0	0	0
Deemed dividend on beneficial conversion of Series X redeemable convertible preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,049	0	0	0	-
Accretion of redeemable convertible preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	29	61	0	0	0
Net loss attributable to NeoPhotonics Corporation common stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-31,810	-9,445	-2,605	0	0	0
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	-	-