REALNETWORKS INC RNWK Income Statement

Realnetworks inc (RNWK)

Income statement / Quarterly

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
43,145	43,400	44,993	44,248	39,472	16,557	17,579	15,724	19,650	-	18,557	21,605	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenue
24,176	24,697	26,278	27,282	24,870	3,727	4,239	4,625	5,136	-	5,343	6,287	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-4,689	-6,763	-6,254	-9,455	1,214	-6,904	-5,977	-6,930	-5,178	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24,523	-25,907
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest
-5,596	-6,157	-6,486	-9,947	1,127	-6,945	-6,302	-8,532	-4,781	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30,575	-33,810
Net revenue
-	-	-	-	-	-	-	-	-	-	-	-	19,691	-	31,051	29,734	28,230	-2,926	30,823	33,954	30,597	35,506	34,157	40,825	45,724	50,595	48,958	49,850	56,793	67,264	59,088	65,526	66,964	80,219	84,414	83,752	87,301	86,432	88,884
Cost of revenue
-	-	-	-	-	-	-	-	-	-	-	-	6,569	-	16,740	15,698	15,172	-14,949	18,090	19,832	16,547	17,881	18,928	20,786	18,786	20,076	18,990	19,519	20,506	25,098	25,244	25,962	27,427	32,089	31,816	30,666	32,066	30,710	29,149
Extinguishment of liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	10,580	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Extinguishment of liability (See Note 10)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-
Gross profit
18,969	18,703	18,715	16,966	14,602	12,830	13,340	11,099	14,514	13,900	13,214	15,318	13,122	12,526	14,311	14,036	13,058	12,023	12,733	14,122	14,050	17,625	15,229	20,039	37,518	30,519	29,968	30,331	36,287	42,166	33,844	39,564	39,537	28,168	52,598	53,086	55,235	55,722	59,735
Sale of patents and other technology assets, net of costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	117,933	-1,580	-	0	0	-	-	-
Operating expenses:
Sale of patents and other technology assets, net of costs (See Note 17)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-
Research and development
8,618	8,452	8,687	8,876	8,833	7,391	8,052	7,652	7,694	7,625	7,152	7,584	7,349	6,738	6,699	7,167	9,319	8,945	10,501	11,801	12,379	12,655	12,784	13,267	14,059	14,929	15,707	14,993	15,251	14,027	15,321	16,028	17,818	16,012	16,496	17,809	19,895	19,517	27,583
Sales and marketing
8,117	7,806	8,470	8,360	8,142	5,262	4,998	4,883	5,997	5,419	4,883	5,496	7,155	7,451	7,183	7,749	9,225	9,409	11,938	14,047	12,837	15,904	13,283	16,016	21,723	20,181	19,427	19,269	21,134	21,839	21,972	22,694	23,796	25,342	28,625	28,853	28,480	26,321	27,382
Advertising with related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
General and administrative
7,113	7,417	7,132	8,392	8,364	5,180	4,586	5,339	5,601	5,358	5,081	5,254	5,303	6,035	7,086	6,217	8,077	3,237	7,021	7,008	7,283	8,384	7,723	8,577	9,317	8,137	9,869	8,691	9,946	8,788	8,759	13,068	13,276	10,163	10,522	10,874	5,622	12,640	14,590
Restructuring and other charges
209	911	691	729	167	553	632	187	501	255	557	150	1,564	192	499	413	385	-284	3,114	1,964	485	1,187	2,048	541	1,216	1,690	1,877	816	1,382	1,353	10,724	1,539	1,609	800	438	508	6,904	1,080	4,792
Lease exit and related charges
-	-	0	0	-	0	0	-129	-325	0	0	0	0	48	1,233	127	831	293	2,121	9	78	177	154	470	79	23	0	3,066	0	-	243	0	-	-	0	174	-	-314	-7,082
Loss on litigation settlements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-11,525	-	-	-	0	-	-	-	-	-	-	-	-
Total operating expenses
24,057	24,586	24,980	26,357	25,506	18,386	18,268	17,932	19,468	18,657	17,673	18,484	21,371	20,464	22,700	21,673	27,837	21,600	34,695	34,829	33,062	38,307	35,992	38,871	46,394	44,960	58,405	46,835	47,713	49,054	57,019	53,329	56,499	51,845	56,081	57,870	60,901	59,872	81,429
Operating loss
-5,100	-5,883	-6,265	-9,391	-10,904	-5,556	-4,928	-6,833	-4,954	-4,757	-4,459	-3,166	-8,249	-7,938	-8,389	-7,637	-14,779	-9,577	-21,962	-20,707	-19,012	-20,682	-20,763	-18,832	-8,876	-14,441	-28,437	-16,504	-11,426	-6,888	-23,175	104,168	-18,542	-23,677	-3,483	-4,784	-5,666	-4,150	-21,694
Interest Expense
262	207	220	43	166	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income (expenses):
Interest income
5	14	0	40	77	74	72	111	87	83	116	109	128	133	119	80	117	83	147	250	200	160	80	180	136	141	166	179	647	159	164	225	644	190	672	311	379	1,074	551
Business Combination, Step Acquisition, Remeasurement Gain and Gains (Losses) From Other Preexisting Relationships
-	-	0	0	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in net loss of Napster investment
-	-	0	-	-	-	-737	-	-	-2,894	0	-349	-748	-5,904	-233	-396	0	-690	-735	-6,916	-6,180	-282	-1,530	-1,802	-838	-59	-2,629	-1,347	-2,233	-1,614	-1,613	-2,114	-368	-2,159	-1,440	-1,018	-3,281	-6,142	-5,427
Gain on deconsolidation of Rhapsody
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Other income (expenses), net
795	-431	541	183	127	92	-112	-42	-41	-217	-50	-13	-226	-128	-243	15	-287	-122	297	-112	443	-10	325	-95	-77	613	-118	-137	109	-433	248	-49	1,475	188	-228	-311	-122	-206	994
Total other income (expenses), net
538	-624	321	180	12,376	146	-777	69	46	1,472	66	-253	-846	-3,404	5,664	-347	-167	-666	-906	-6,684	-5,238	-132	-1,125	-1,717	1,592	22,084	-2,581	-1,305	-1,477	-2,104	1,009	1,140	1,751	-1,781	-996	-1,018	-3,024	-5,274	-3,932
Income (loss) before income taxes
-4,550	-6,507	-5,944	-9,211	1,472	-5,410	-5,705	-6,764	-4,908	-3,285	-4,393	-3,419	-9,095	-11,342	-2,725	-7,984	-14,946	-10,243	-22,868	-27,391	-24,250	-20,814	-21,888	-20,549	-7,284	7,643	-31,018	-17,809	-12,903	-8,992	-22,166	105,308	-16,791	-25,458	-4,479	-5,802	-8,690	-9,424	-25,626
Income tax expense
139	256	310	244	258	1,494	272	166	270	-3,732	139	360	455	-143	331	363	225	-215	-1,684	390	219	24	290	480	486	5,113	357	662	-1,229	-12,065	48	24,311	224	-22,694	703	1,047	3,615	-33,947	281
Net income (loss) including noncontrolling interests
-4,689	-6,763	-6,254	-9,455	1,214	-6,904	-5,977	-6,930	-5,178	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24,523	-25,907
Net income (loss) attributable to RealNetworks
-	-	-	-	-	-	-	-	-	447	-4,532	-3,779	-9,550	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest
-47	-	-286	-253	-319	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4,513	-	-
Net income (loss) attributable to RealNetworks
-	-6,364	-5,968	-9,202	1,533	-6,904	-5,977	-6,930	-5,178	839	-4,334	-3,386	-9,424	-9,976	-3,056	-8,347	-15,171	-8,413	-21,184	-27,781	-24,469	-20,838	-22,178	-21,029	-7,770	2,530	-31,375	-18,471	-11,674	3,073	-22,214	80,997	-17,015	-2,764	-5,182	-6,849	-12,305	24,523	-25,907
Income (Loss) from Continuing Operations, Per Basic Share
-	-	-	-	-	-	-	-	-	0.01	-0.12	-0.10	-0.26	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Basic Share
-	-	-	-	-	-	-	-	-	0.01	0.00	0.01	0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic net income (loss) per share (USD per share)
-0.12	-0.17	-0.16	-0.24	0.04	-0.18	-0.16	-0.18	-0.14	0.02	-0.12	-0.09	-0.25	-0.26	-0.08	-0.23	-0.42	-0.22	-0.59	-0.77	-0.68	-0.57	-0.62	-0.59	-0.22	0.07	-0.88	-0.52	-0.33	0.08	-0.63	2.33	-0.49	-0.08	-0.15	-0.20	-0.36	0.72	-0.19
Income (Loss) from Continuing Operations, Per Diluted Share
-	-	-	-	-	-	-	-	-	0.01	-0.12	-0.10	-0.26	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Diluted Share
-	-	-	-	-	-	-	-	-	0.01	0.00	0.01	0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted net income (loss) per share (USD per share)
-0.12	-0.17	-0.16	-0.24	0.04	-0.18	-0.16	-0.18	-0.14	0.02	-0.12	-0.09	-0.25	-0.26	-0.08	-0.23	-0.42	-0.22	-0.59	-0.77	-0.68	-0.57	-0.62	-0.59	-0.22	0.07	-0.88	-0.52	-0.33	0.08	-0.63	2.32	-0.49	-0.08	-0.15	-0.20	-0.36	0.71	-0.19
Shares used to compute basic net income (loss) per share
38,229	38,146	38,062	37,948	37,820	37,684	37,618	37,577	37,449	37,319	37,200	37,103	37,030	37,044	36,805	36,755	36,520	36,259	36,191	36,106	36,104	36,055	36,003	35,890	35,840	35,744	35,670	35,455	35,343	35,254	34,998	34,752	34,488	34,340	34,199	34,135	34,066	33,905	135,277
Shares used to compute diluted net income (loss) per share
38,229	38,054	38,062	37,948	37,912	37,684	37,618	37,577	37,449	37,319	37,200	37,103	37,030	37,044	36,805	36,755	36,520	36,259	36,191	36,106	36,104	36,055	36,003	35,890	35,840	35,744	35,670	35,455	35,343	36,102	34,998	34,900	34,488	34,340	34,199	34,135	34,066	34,442	135,277
Comprehensive income (loss):
Unrealized investment holding gains (losses), net of reclassification adjustments
-907	-	0	0	-	17	-3	2	1	-2	0	6	4	-1,542	72	16	151	-74	-596	-191	-94	-209	-323	-38	-3,575	-20,260	-1,043	-1,622	2,637	-2,473	5,407	-12,061	8,494	-1,555	12,401	5,679	-7,066	1,539	-3,160
Foreign currency translation adjustments
-907	-	-232	-492	-87	-	-322	-1,604	396	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency translation adjustments, net of reclassification adjustments
-	-	-	-	-	-	-	-	-	288	562	646	594	-1,345	428	-645	700	-132	-1,144	588	-2,585	-1,265	-2,338	216	-25	-476	1,235	-388	-1,238	707	506	-1,852	-384	-1,375	-4,335	1,357	2,553	4,513	-4,743
Total other comprehensive income (loss)
-907	606	-232	-492	-87	-41	-325	-1,602	397	286	562	652	598	-2,887	500	-629	851	-206	-1,740	397	-2,679	-1,474	-2,661	178	-3,600	-20,736	192	-2,010	1,399	-1,766	5,913	-13,913	8,110	-	8,066	7,036	-	-	-
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent
-	-	-	-	-	-	-	-	-	392	198	393	126	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) attributable to RealNetworks
-	-6,364	-5,968	-9,202	1,533	-6,904	-5,977	-6,930	-5,178	839	-4,334	-3,386	-9,424	-9,976	-3,056	-8,347	-15,171	-8,413	-21,184	-27,781	-24,469	-20,838	-22,178	-21,029	-7,770	2,530	-31,375	-18,471	-11,674	3,073	-22,214	80,997	-17,015	-2,764	-5,182	-6,849	-12,305	24,523	-25,907
Comprehensive income (loss) including noncontrolling interests
-5,549	-5,758	-6,200	-9,694	1,446	-6,945	-6,302	-8,532	-4,781	1,125	-3,772	-2,734	-8,826	-12,863	-2,556	-8,976	-14,320	-8,619	-22,924	-27,384	-27,148	-22,312	-24,839	-20,851	-11,370	-18,206	-31,183	-20,481	-10,275	1,307	-16,301	67,084	-8,905	-5,694	2,884	187	-16,818	30,575	-33,810
Net Income (Loss) Attributable to Noncontrolling Interest
-	-	-	-253	-319	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Gain (loss) on equity investment, net
-	-	-	-	-	-	-	-	-	-	-	-	-	2,495	6,021	-46	3	63	-615	94	299	0	0	0	2,371	21,389	0	0	0	-	2,210	3,078	-	-	0	0	-	-	-
(Gain) loss on equity investment, net
0	-	-	-	12,338	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-50
Net Income (Loss) Attributable to Noncontrolling Interest
-	-	-	-253	-319	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
License and product revenue
Revenue from Contract with Customer, Excluding Assessed Tax
-	-	-	-	-	-	-	-	7,414	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of Goods and Services Sold
-	-	-	-	-	-	-	-	1,755	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service revenue
Revenue from Contract with Customer, Excluding Assessed Tax
-	-	-	-	-	-	-	-	12,236	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of Goods and Services Sold
-	-	-	-	-	-	-	-	3,381	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-