Shiftpixy, inc. (PIXY)
Income statement / TTM
Feb'20Nov'19Aug'19May'19Feb'19Nov'18Aug'18May'18Feb'18Nov'17May'17Nov'16May'16
Gross Billings

-

-

-

-

-

-

-

-

-

-

0

-

0

Adjustments to gross billings

-

-

-

-

-

-

-

-

-

-

0

-

0

Revenues (gross billings of $15.6m and $8.2m less worksite employee payroll cost of $13.5m and $7.0m, respectively for the three months ended; gross billings of $32.2m and $14.0m less worksite employee payroll cost of $27.9m and $12.0m, respectively for six months ended)

60,179

58,782

53,436

37,194

32,266

38,967

34,959

28,402

0

0

0

0

0

Cost of revenue

47,577

46,464

41,046

29,095

25,329

31,325

29,458

23,849

0

0

0

0

0

Gross profit

12,602

12,318

12,390

8,098

6,936

7,640

5,500

4,552

0

0

0

0

0

Operating expenses:
Salaries, wages and payroll taxes

0

0

-

-

0

0

-

-

-

-

-

-

-

Stock-based compensation - general and administrative

0

-

-

-

0

-

-

-

-

-

-

-

-

Commissions

0

0

-

-

0

0

-

-

-

-

-

-

-

Salaries, wages and payroll taxes

-

-

-

7,142

-

-

5,383

0

0

0

-

-

-

Stock-based compensation - general and administrative

-

-

-

184

-

-

-

0

0

0

-

-

-

Commissions

-

-

-

2,427

-

-

1,594

0

0

0

-

-

-

Professional fees

4,236

4,134

3,918

3,459

2,595

2,209

2,078

0

0

0

-

-

-

Software development

0

-

-

-

0

-

-

-

-

-

-

-

-

Software development

-

-

-

-

-

-

-

0

0

0

-

-

-

Depreciation and amortization

0

-

-

739

0

-

274

0

0

0

-

-

-

External Software development

-

0

-

-

-

0

-

-

-

-

-

-

-

General and administrative

3,323

3,908

3,823

4,537

3,820

3,666

3,005

0

0

0

-

-

-

Total operating expenses

23,493

23,039

22,063

20,029

17,558

17,160

17,072

15,139

0

0

0

0

0

Operating Loss

-10,891

-10,721

-9,673

-11,930

-10,621

-9,519

-11,572

0

0

0

-

-

-

Other (expense) income:
Interest expense

0

0

-

-

0

0

-

-

-

-

-

-

-

Expense related to modification of warrants

0

-

-

-

-

-

-

-

-

-

-

-

-

Loss from debt conversion

0

-

-

-

-

-

-

-

-

-

-

-

-

Inducement loss

0

-

-

-

0

-

-

-

-

-

-

-

-

Change in fair value derivative and warrant liability

0

-

-

-

-

-

-

-

-

-

-

-

-

Gain on convertible note settlement

-

-

-

-

0

-

-

-

-

-

-

-

-

Gain on convertible note penalties accrual

0

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of derivative liability

-

0

-

-

-

-

-

-

-

-

-

-

-

Total other (expense) income

0

0

-

-

0

0

-

-

-

-

-

-

-

Loss from continuing operations

0

-

-

-

0

-

-

-

-

-

-

-

-

Income (Loss) from discontinued operations

0

-

-

-

0

-

-

-

-

-

-

-

-

Gain from asset sale

0

-

-

-

-

-

-

-

-

-

-

-

-

Total Income from discontinued operations, net of tax

0

-

-

-

0

-

-

-

-

-

-

-

-

Interest expense

-

-

-

0

-

-

-

-

-

-

-

-

-

Inducement loss from debt conversion

-

-

-

0

-

-

-

-

-

-

-

-

-

Change in fair value derivative and warrant liability

-

-

-

0

-

-

-

-

-

-

-

-

-

Total other income (expense)

-

-

-

0

-

-

-

-

-

-

-

-

-

Net income (loss)

-7,452

-19,037

-18,727

-18,327

-15,148

-15,727

-16,823

-10,587

0

0

0

0

0

Net Income (Loss) gain per share, Basic and diluted
Continuing operations

-0.26

-

-

-

-4.79

-

-

-

-

-

-

-

-

Discontinued operations
Operating income (loss)

-0.10

-

-

-

2.04

-

-

-

-

-

-

-

-

Gain on sale of assets

0.92

-

-

-

-

-

-

-

-

-

-

-

-

Total discontinued operations

0.82

-

-

-

2.04

-

-

-

-

-

-

-

-

Net income (loss) per common share - Basic and diluted

0.56

-2.86

-

-

-2.74

-3.11

-

-

-0.09

-0.12

-

-

-

Net loss per common share, Basic

-

-

-

-0.14

-

-

-

-0.06

-

-

-0.10

0.01

0.00

Net loss per common share, Diluted

-

-

-

-0.15

-

-

-

-0.06

-

-

-0.10

0.01

0.00

Weighted average common shares outstanding - Basic and diluted

16,971

893

-

-

779

723

-

-

28,800

26,767

-

-

-

Weighted average number of common shares, Basic

-

-

-

34,516

-

-

-

28,800

-

-

26,555

26,213

26,653

Weighted average number of common shares, Diluted

-

-

-

44,516

-

-

-

28,800

-

-

26,555

26,974

26,653