Rekor systems, inc. (NVMM)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Sep'16
Revenue:
Technology

-

-

1,536

1,416

-

-

892

872

-

-

-

-

-

-

Professional Services

-

-

3,447

10,913

-

-

5,015

11,466

-

-

-

-

-

-

Revenue

1,595

998

4,983

12,329

1,010

-9,409

5,907

12,338

11,218

10,773

4,421

3,470

3,470

2,405

Cost of revenue:
Technology

-

-

390

271

-

-

405

369

-

-

-

-

-

-

Professional Services

-

-

1,842

8,166

-

-

2,561

8,496

-

-

-

-

-

-

Cost of revenue

494

-2,101

2,232

8,437

490

-9,987

2,966

8,865

8,134

7,634

2,457

1,850

1,850

1,334

Gross profit:
Technology

-

-

1,146

1,145

-

-

487

503

-

-

-

-

-

-

Professional Services

-

-

1,605

2,747

-

-

2,454

2,970

-

-

-

-

-

-

Gross profit

1,101

3,099

2,751

3,892

520

577

2,941

3,473

3,084

3,138

1,963

1,620

1,620

1,071

OPERATING EXPENSES:
General and administrative expenses

2,791

4,671

3,039

4,898

1,543

-

2,954

3,829

-

-

-

-

-

-

Selling and marketing expenses

371

118

1,343

603

158

-

297

495

-

-

-

-

-

-

Research and development expenses

543

672

450

302

5

-

5

5

-

-

-

-

-

-

Impairment of intangible assets

-

-

0

1,549

-

-

0

0

-

-

-

-

-

-

Operating expenses

3,705

5,461

4,832

7,352

1,706

-

3,256

4,329

-

-

-

-

-

-

Selling, general, and administrative expenses

-

-

-

-

-

-

-

-

5,280

5,120

2,951

2,454

2,454

1,151

Loss from operations

-2,604

-2,362

-2,081

-3,460

-1,186

-1,755

-315

-856

-2,196

-1,981

-988

-834

-834

-80

Other income (expense):
Loss on extinguishment of debt

0

0

-45

0

-1,113

0

0

0

0

-

-

-

-

-

Interest expense

1,163

1,244

1,228

1,417

209

14

214

171

92

122

33

28

28

15

Other income

0

118

-102

-38

2

-266

1

105

95

-489

5

0

0

0

Total other expense

-1,163

-1,126

-1,375

-1,455

-1,320

-280

-213

-66

2

-611

-28

-28

-28

-15

Loss before income taxes

-3,767

-3,488

-3,456

-4,915

-2,506

-2,036

-528

-922

-2,193

-2,593

-1,016

-863

-863

-96

Income tax provision

7

23

0

12

12

-

0

0

-

568

-225

-318

-318

-40

Net loss from continuing operations

-3,774

-

-3,456

-

-2,518

-

-528

-

-

-

-

-

-

-

Income (loss) from operations held for sale (including goodwill impairment of $1,022,000 in 2019)

-

-

-160

-

-

-

47

-

-

-

-

-

-

-

Income tax provision from operations held for sale

-

-

12

-

-

-

22

-

-

-

-

-

-

-

Net loss from held for sale and discontinued operations

-14

-

-172

-

-357

-

25

-

-

-

-

-

-

-

Net loss

-3,788

-4,454

-3,628

-4,927

-2,875

-2,084

-503

-922

-2,193

-3,161

-791

-544

-544

-55

Loss per common share from continuing operations - basic and diluted

-0.19

-

-0.19

-

-0.15

-

-0.06

-

-

-

-

-

-

-

Loss per common share from held for sale and discontinued operations - basic and diluted

0.00

-

-0.01

-

-0.02

-

0.01

-

-

-

-

-

-

-

Loss per common share - basic and diluted

-0.19

-0.21

-0.20

-0.27

-0.17

-

-0.05

-0.08

-

-

-

-

-

-

Loss per common share - basic

-

-

-

-

-

-

-

-

-0.17

-0.19

-0.09

-0.11

-0.12

-0.01

Loss per common share - diluted

-

-

-

-

-

-

-

-

-0.17

-0.19

-0.09

-0.11

-0.12

-0.01

Weighted average shares outstanding
Basic and diluted

21,929

22,083

19,878

19,369

18,800

-

14,542

14,533

-

-

-

-

-

-

Basic

-

-

-

-

-

-

-

-

14,496

24,743

11,756

5,488

5,081

9,713

Diluted

-

-

-

-

-

-

-

-

14,496

24,743

11,756

5,488

5,081

9,713