OneSpan Inc. OSPN Income Statement

Onespan inc. (OSPN)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Revenue
Total revenue
254,570	212,280	193,291	192,304	-	-	-	-	-	-	-
Total revenue
-	-	-	-	241,443	201,537	155,047	154,029	168,082	107,963	101,695
Cost of goods sold
Total cost of goods sold
81,962	64,813	58,777	61,647	97,903	75,895	55,176	54,464	59,970	31,997	30,535
Gross profit
172,608	147,467	134,514	130,657	143,540	125,642	99,871	99,565	108,112	75,966	71,160
Operating costs
Sales and marketing
61,503	63,805	58,994	57,347	38,199	42,189	40,323	37,768	40,294	31,027	30,299
Research and development
42,463	32,197	23,119	23,214	17,457	18,546	21,315	18,794	18,636	13,568	11,582
General and administrative
43,897	41,589	37,400	31,648	32,489	22,287	21,196	20,071	22,450	18,538	16,183
Amortization / impairment of intangible assets
9,470	9,852	8,809	8,849	4,942	4,532	3,325	1,905	1,967	443	453
Total operating costs
157,333	147,443	128,322	121,058	93,087	87,554	86,159	78,538	83,347	63,576	58,517
Operating income (loss)
15,275	24	6,192	9,599	50,453	38,088	13,712	21,027	24,765	12,390	12,643
Interest income, net
747	1,265	1,431	785	364	118	162	261	543	324	572
Other expense, net
-527	2,264	758	993	38	-286	240	409	500	698	2,107
Income before income taxes
15,495	3,553	8,381	11,377	50,855	37,920	14,114	21,697	25,808	13,412	15,322
Provision (benefit) for income taxes
6,706	-293	30,780	863	8,704	5,309	3,147	5,468	1,557	2,606	3,460
Net income-continuing operations
-	-	-	-	-	32,611	10,967	16,229	24,251	10,806	11,862
Net income (loss) from discontinued operations
-	-	-	-	-	873	180	-630	-6,118	0	0
Net income (loss)
8,789	3,846	-22,399	10,514	42,151	33,484	11,147	15,599	18,133	10,806	11,862
Basic income (loss) per share:
Continuing operations
-	-	-	-	-	0.83	0.28	0.43	0.65	0.29	0.32
Discontinued operations
-	-	-	-	-	0.02	0.00	-0.02	-0.16	0.00	0.00
Basic (in dollars per share)
0.22	0.10	-0.56	0.27	1.07	0.85	0.28	0.41	0.48	0.29	0.32
Diluted income (loss) per share:
Continuing operations
-	-	-	-	-	0.83	0.28	0.42	0.63	0.28	0.31
Discontinued operations
-	-	-	-	-	0.02	0.00	-0.02	-0.16	0.00	0.00
Diluted (in dollars per share)
0.22	0.10	-0.56	0.27	1.06	0.85	0.28	0.40	0.47	0.28	0.31
Weighted average common shares outstanding
Basic (in shares)
40,050	39,932	39,802	39,719	39,568	39,337	38,873	38,068	37,555	37,413	37,319
Diluted (in shares)
40,136	40,046	39,802	39,782	39,736	39,499	39,158	38,677	38,568	38,241	38,084
Product and license
Total revenue
184,173	152,977	147,257	156,057	218,908	182,556	-	-	-	-	-
Total cost of goods sold
63,393	50,706	48,333	53,191	95,028	72,802	-	-	-	-	-
Services and other
Total revenue
70,397	59,303	46,034	36,247	22,535	18,981	-	-	-	-	-
Total cost of goods sold
18,569	14,107	10,444	8,456	2,875	3,093	-	-	-	-	-