S&w seed co (SANW)
Income statement / TTM
Mar'20Dec'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'10
Revenue
Total revenue

100,562

89,646

95,874

109,722

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of revenue
Total cost of revenue

63,098

53,820

57,557

69,014

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Seed revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,757

11,427

7,870

2,664

0

0

0

Milling and other revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

994

1,214

953

977

0

0

0

Revenue

-

-

-

-

-

-

-

-

72,079

70,143

73,835

75,373

92,121

96,123

96,038

96,044

90,133

95,647

85,299

81,208

72,049

49,652

47,319

51,533

44,693

40,771

42,997

37,338

25,369

23,709

14,751

14,147

14,751

12,642

8,823

3,641

0

0

0

Cost of seed revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,991

8,392

5,801

2,027

0

0

0

Cost of milling and other revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

346

448

282

253

0

0

0

Cost of revenue

-

-

-

-

-

-

-

-

55,252

54,158

57,302

59,232

72,283

76,575

77,679

77,653

72,404

76,314

68,037

64,607

58,018

41,091

38,341

41,561

35,959

35,153

38,172

33,743

24,343

20,414

11,516

10,239

10,338

8,840

6,083

2,280

0

0

0

Gross profit

37,463

35,826

38,317

40,708

16,034

17,892

17,880

14,753

16,827

15,984

16,533

16,140

19,838

19,548

18,358

18,390

17,728

19,332

17,262

16,601

14,031

8,561

8,978

9,971

8,734

5,617

4,824

3,595

1,025

3,295

3,234

3,907

4,412

3,801

2,740

1,360

0

0

0

Operating expenses
Selling, general and administrative expenses

21,309

20,023

19,247

17,486

14,306

12,372

10,476

10,503

12,063

12,107

12,252

11,794

10,925

10,665

10,379

10,397

9,819

9,621

10,306

9,620

9,068

8,530

7,009

6,815

7,454

7,012

6,606

5,762

3,765

3,118

2,815

2,772

2,628

2,610

2,339

2,166

0

0

0

Research and development expenses

7,384

7,167

6,868

6,272

5,415

4,656

4,137

3,887

3,489

3,139

3,032

3,032

2,919

2,831

2,815

2,764

2,887

2,872

2,357

1,890

1,245

801

830

840

877

780

636

505

318

293

253

242

309

342

408

450

0

0

0

Depreciation and amortization

4,687

4,648

4,338

4,128

3,903

3,570

3,406

3,439

3,447

3,407

3,379

3,325

3,284

3,282

3,231

3,185

3,345

3,129

2,648

2,179

1,529

1,264

1,271

1,265

1,267

1,106

939

694

446

356

271

272

263

259

254

242

0

0

0

Gain on disposal of property, plant and equipment

12

102

97

86

95

-2

16

82

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Disposal of property, plant and equipment loss (gain)

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

0

0

-

-5

0

0

0

Impairment charges

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

51,268

49,637

48,256

45,701

23,529

20,601

18,003

17,747

18,990

18,970

18,995

18,549

17,458

16,778

16,425

16,347

16,049

15,647

15,837

14,215

12,363

11,083

9,099

8,909

9,592

8,899

8,182

6,963

4,530

3,768

3,339

3,288

3,201

3,212

3,002

2,858

0

0

0

Loss from operations

-13,804

-13,810

-9,939

-4,993

-7,495

-2,709

-122

-2,993

-2,163

-2,985

-2,462

-2,408

2,379

2,769

1,933

2,043

1,678

3,685

1,425

2,385

1,667

-2,522

-121

1,061

-858

-3,281

-3,357

-3,368

-3,505

-472

-104

619

1,211

589

-262

-1,498

0

0

0

Other expense
Foreign currency loss (gain)

-21

55

-24

99

60

93

52

12

0

-29

-19

-1

66

-18

313

226

121

174

-195

-159

-85

-40

-30

51

-243

-254

-229

-263

0

0

0

-

-

-

-

-

-

-

-

Change in derivative warrant liabilities

-

-

-

-

-

-

-

-

1,107

2,117

3,417

1,517

568

253

237

1,903

1,862

86

-857

-1,396

-1,082

0

0

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Change in contingent consideration obligation

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in contingent consideration obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

26

-21

74

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on equity method investment

-

-

-

-

-

-

-

-

-

-

-

-144

-186

-119

-249

-294

-252

-223

-94

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reduction of anticipated loss on sub-lease land

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in estimated value of assets held for sale

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of debt

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense - amortization of debt discount

496

503

460

340

289

237

201

169

162

262

610

1,176

1,919

2,919

3,592

3,899

3,999

4,869

3,827

2,934

2,059

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

2,211

2,525

2,665

2,886

2,676

2,430

2,172

1,863

1,621

1,408

1,320

1,324

1,361

1,499

1,742

2,086

2,366

2,656

2,293

1,831

1,273

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-464

-356

-226

-39

-34

-24

-20

-15

-8

-1

6

0

0

0

Loss before income taxes

-18,288

-18,398

-14,555

-9,501

-10,259

-5,283

-2,785

-4,582

-3,417

-3,156

-1,639

-4,194

-584

-1,801

-3,234

-2,038

-2,908

-3,707

-5,821

-4,009

-2,928

-3,391

-914

460

-1,706

-4,000

-3,943

-3,859

-3,544

-505

-154

574

1,171

554

-263

-1,497

0

0

0

Provision (benefit) for income taxes

-53

-128

-156

-148

113

-52

100

143

8,112

8,824

8,782

7,627

-163

-621

-2,256

-2,403

-2,687

-2,448

-1,658

-845

-662

-1,196

-371

87

-579

-1,400

-1,380

-1,343

-1,296

-149

-94

199

366

63

-228

-685

0

0

0

Net loss

-18,235

-18,269

-14,398

-9,352

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) including noncontrolling interests

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss attributed to noncontrolling interests

-119

-50

0

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to S&W Seed Company

-18,090

-18,150

-14,251

-9,305

-10,373

-5,252

-2,886

-4,725

-11,530

-11,981

-10,422

-11,822

-421

-1,180

-977

365

-221

-1,258

-4,163

-3,163

-2,265

-2,195

-542

373

-1,126

-2,600

-2,563

-2,516

-2,248

-355

-59

374

804

490

-34

-811

0

0

0

Net loss attributable to S&W Seed Company per common share:
Basic

-0.10

-0.20

-0.15

-0.12

-0.10

-0.09

0.00

-0.17

0.07

-0.02

-0.09

-0.62

0.07

0.07

-0.19

0.02

0.04

0.10

-0.14

0.00

-0.04

-0.13

-0.08

0.05

-0.03

0.01

0.00

-0.11

-0.21

0.02

0.01

-0.11

0.00

0.08

0.09

-0.04

-0.05

-0.01

-0.04

Diluted

-0.10

-0.20

-0.15

-0.12

-0.10

-0.09

0.00

-0.17

0.07

-0.02

-0.09

-0.51

0.02

0.01

-0.19

0.02

0.04

0.10

-0.14

0.00

-0.04

-0.13

-0.08

0.05

-0.03

0.01

0.00

-0.11

-0.21

0.02

0.01

-0.11

0.00

0.08

0.09

-0.04

-0.05

-0.01

-0.04

Weighted average number of common shares outstanding:
Basic

33,385

33,301

33,284

33,197

33,267

29,153

24,790

24,302

24,335

21,130

20,156

17,970

17,963

17,821

17,117

16,740

15,420

14,120

13,463

14,716

13,166

11,634

11,625

11,605

11,559

11,561

11,563

11,356

9,087

7,800

6,839

6,216

5,800

5,800

5,800

5,800

5,800

5,800

5,800

Diluted

33,385

33,301

33,284

33,196

33,267

29,153

24,791

24,285

24,353

21,130

20,156

17,779

17,979

17,996

17,117

16,740

15,420

14,120

13,463

14,716

13,166

11,634

11,625

11,858

11,559

11,662

11,854

10,692

9,087

8,353

6,950

6,106

5,879

5,804

5,836

5,800

5,800

5,800

5,800