Orion energy systems, inc. (OESX)
Income statement / Quarterly
Dec'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'11Dec'10Sep'10Jun'10
Product revenue

-

-

-

-

-

-

-

-

-

-

-

-

19,259

17,675

15,352

18,026

16,094

14,982

15,795

17,347

23,646

12,645

12,243

10,870

22,380

21,181

17,523

19,433

22,660

16,931

13,580

19,036

24,274

30,111

17,361

23,393

21,633

15,086

15,758

Service revenue

-

-

-

-

-

-

-

-

-

-

-

-

1,358

995

282

550

657

746

792

2,019

2,492

748

1,070

1,714

5,312

6,314

3,329

2,848

6,427

2,477

1,730

2,424

3,132

3,364

860

2,170

2,011

767

1,219

Revenues

34,249

48,322

42,378

22,443

16,291

13,198

13,822

15,057

17,263

15,422

12,558

15,290

20,617

18,670

15,634

18,576

16,751

15,728

16,587

19,366

26,138

13,393

13,313

12,584

27,692

27,495

20,852

22,281

29,087

19,408

15,310

21,460

27,406

33,475

18,221

25,563

23,644

15,853

16,977

Cost of revenue

25,975

35,531

32,095

18,059

12,121

10,656

10,366

11,833

12,147

11,801

9,847

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of product revenue

-

-

-

-

-

-

-

-

-

-

-

-

13,577

11,752

11,419

13,642

11,574

12,301

12,113

14,876

20,293

23,364

9,855

10,159

15,742

15,638

12,884

12,379

15,708

11,867

9,597

12,358

17,445

21,447

11,592

15,623

14,134

9,745

10,307

Cost of service revenue

-

-

-

-

-

-

-

-

-

-

-

-

885

674

189

315

468

515

717

1,508

2,021

584

846

1,147

3,800

4,028

2,245

1,931

4,798

1,736

1,340

1,966

2,447

2,647

622

1,498

1,676

498

917

Total cost of revenue

-

-

-

-

-

-

-

-

-

-

-

-

14,462

12,426

11,608

13,957

12,042

12,816

12,830

16,384

22,314

23,948

10,701

11,306

19,542

19,666

15,129

14,310

20,506

13,603

10,937

14,324

19,892

24,094

12,214

17,121

15,810

10,243

11,224

Gross profit

8,274

12,791

10,283

4,384

4,170

2,542

3,456

3,224

5,116

3,621

2,711

912

6,155

6,244

4,026

4,619

4,709

2,912

3,757

2,982

3,824

-10,555

2,612

1,278

8,150

7,829

5,723

7,971

8,581

5,805

4,373

7,136

7,514

9,381

6,007

8,442

7,834

5,610

5,753

Operating expenses:
General and administrative

2,662

2,605

3,007

2,550

2,269

2,336

3,076

1,789

2,878

3,157

5,335

3,737

3,541

3,598

3,901

5,748

3,861

3,403

3,872

3,580

3,816

3,842

3,670

5,742

3,277

3,173

2,759

3,158

2,848

4,638

3,302

2,758

2,841

2,725

3,075

3,044

2,709

2,988

2,945

Impairment of intangible assets

-

-

-

-

-

-

-

-

0

710

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition and integration related expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

375

88

356

0

-

0

0

-

-

-

-

-

-

-

-

-

Sales and marketing

2,735

2,918

2,706

2,201

2,190

2,135

2,578

2,638

2,981

2,906

3,354

3,666

3,147

3,125

2,895

3,232

2,409

2,634

3,068

3,274

3,771

3,367

2,878

3,183

3,397

3,644

3,303

3,886

4,730

4,561

3,952

4,042

4,053

3,729

3,775

3,550

3,235

3,299

3,590

Research and development

439

390

411

317

298

354

405

385

616

380

524

511

495

517

481

424

381

441

422

680

889

569

416

610

478

448

490

425

427

710

697

747

556

593

622

536

614

573

610

Total operating expenses

5,836

5,913

6,124

5,068

4,757

4,825

6,059

4,812

6,475

7,153

9,213

8,164

7,183

7,240

7,277

15,427

6,651

6,478

7,362

7,581

8,476

7,778

6,964

9,910

7,240

7,621

6,552

7,469

8,005

9,909

7,951

7,547

7,450

7,047

7,472

7,130

6,558

6,860

7,145

Income (loss) from operations

2,438

6,878

4,159

-684

-587

-2,283

-2,603

-1,588

-1,359

-3,532

-6,502

-7,252

-1,028

-996

-3,251

-10,808

-1,942

-3,566

-3,605

-4,599

-4,652

-18,333

-4,352

-8,632

910

208

-829

502

576

-4,104

-3,578

-411

64

2,334

-1,465

1,312

1,276

-1,250

-1,392

Other income (expense):
Other income

2

8

12

15

31

15

19

248

0

0

0

25

0

90

100

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

38

87

-

-

77

169

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

-

-

136

-

-

-

89

53

74

139

67

-40

65

68

70

75

71

60

91

141

62

83

90

103

123

142

113

126

138

142

161

154

160

150

87

183

98

55

70

Amortization of debt issue costs

61

60

61

70

31

0

0

-

28

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income

2

1

2

3

2

3

3

2

5

3

5

5

7

14

10

21

27

32

48

54

69

83

94

108

132

153

174

-

213

-

-

-

-

-

-

-

-

-

-

Dividend and interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

218

225

-

226

214

154

-

189

153

93

Total other expense

-95

-138

-183

-210

-75

-151

-67

133

-97

-136

-62

-40

-58

36

40

-54

-44

-28

-43

-87

7

0

4

5

9

11

61

63

75

76

64

134

66

64

67

-1,059

91

98

23

Income (loss) before income tax

2,343

6,740

3,976

-894

-662

-2,434

-2,670

-

-1,456

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss before income tax

-

-

-

-

-

-

-

-

-

-3,668

-6,564

-

-1,086

-960

-3,211

-10,862

-1,986

-3,594

-3,648

-4,686

-4,645

-18,333

-4,348

-8,627

919

219

-768

565

651

-4,028

-3,514

-277

130

2,398

-1,398

253

1,367

-1,152

-1,369

Income tax expense

39

19

8

-12

0

4

22

8

-23

0

0

0

0

10

-271

8

18

6

4

7

18

13

11

212

-99

-2,184

13

16

0

5,631

-1,574

-120

56

1,040

-606

-266

1,549

-1,692

-833

Net income (loss)

2,304

6,721

3,968

-882

-662

-2,438

-2,692

-1,463

-1,433

-3,668

-6,564

-7,292

-1,086

-970

-2,940

-10,870

-2,004

-3,600

-3,652

-4,693

-4,663

-18,346

-4,359

-8,839

1,018

2,403

-781

549

651

-9,659

-1,940

-157

74

1,358

-792

519

-182

540

-536

Basic net income (loss) per share attributable to common shareholders

0.08

0.22

0.13

-0.04

-0.02

-0.08

-0.09

-0.05

-0.05

-0.13

-0.23

-0.26

-0.04

-0.03

-0.11

-0.40

-0.07

-0.13

-0.13

-0.18

-0.21

-0.84

-0.20

-0.42

0.05

0.11

-0.04

0.02

0.03

-0.46

-0.09

-0.01

0.00

0.06

-0.03

0.03

-0.01

0.02

-0.02

Weighted-average common shares outstanding

30,243

30,189

29,723

29,590

29,568

29,488

29,070

28,935

28,909

28,834

28,455

28,309

28,258

28,171

27,885

27,759

27,671

27,598

27,481

24,041

21,882

21,820

21,669

21,468

21,219

21,089

20,173

20,158

20,191

21,075

22,561

22,905

22,996

22,989

22,921

22,825

22,726

22,638

22,523

Diluted net income (loss) per share

0.07

0.22

0.13

-0.04

-0.02

-0.08

-0.09

-0.05

-0.05

-0.13

-0.23

-0.26

-0.04

-0.03

-0.11

-0.40

-0.07

-0.13

-0.13

-0.18

-0.21

-0.84

-0.20

-0.42

0.05

0.11

-0.04

0.02

0.03

-0.46

-0.09

-0.01

0.00

0.06

-0.03

0.02

-0.01

0.02

-0.02

Weighted-average common shares and share equivalents outstanding

30,824

30,830

30,550

29,590

29,568

29,488

29,070

28,935

28,909

28,834

28,455

28,309

28,258

28,171

27,885

27,759

27,671

27,598

27,481

24,041

21,882

21,820

21,669

19,907

22,328

21,541

20,173

20,104

20,245

21,075

22,561

24,000

23,254

23,369

22,921

24,641

22,726

22,901

22,523

Product revenue
Revenues

25,867

35,572

32,339

17,911

13,952

11,590

12,808

-

15,993

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of revenue

19,075

25,878

23,825

14,512

10,508

9,367

9,724

-

11,181

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service revenue
Revenues

8,382

12,750

10,039

4,532

2,339

1,608

1,014

-

1,270

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of revenue

6,900

9,653

8,270

3,547

1,613

1,289

642

-

966

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-