Seachange international inc (SEAC)
Income statement / Yearly
Jan'20Jan'19Jan'18Jan'17Jan'16Jan'15Jan'14Jan'13Jan'12Jan'11Jan'10
Revenue:
Total revenue

67,154

62,402

80,267

-

-

-

-

-

-

-

-

Products

-

-

-

18,205

21,896

31,507

54,749

64,274

73,157

82,155

97,005

Services

-

-

-

65,590

85,096

83,928

91,570

92,914

91,635

91,500

92,935

Total revenues

-

-

-

83,795

106,992

115,435

146,319

157,188

164,792

173,655

-

Cost of revenue:
Inventory write-down

-

-

-

-

-

-

-

1,752

430

2,474

-

Cost of revenue

-

-

-

-

-

-

-

73,897

71,507

78,063

-

Total revenues

-

-

-

-

-

-

-

-

-

-

189,940

Products

-

-

-

6,453

6,013

8,845

10,526

17,397

20,132

28,278

35,929

Services

-

-

-

35,740

44,159

48,272

55,075

52,162

48,061

45,001

54,941

(Recovery on) provision for loss contract

-

-

-

-4,118

9,162

-

-

-

-

-

-

Amortization of intangible assets

-

-

-

1,283

739

1,070

1,269

-

-

-

-

Amortization of intangible assets

-

-

-

-

-

-

-

2,429

-

-

-

Amortization of intangible assets

-

-

-

-

-

-

-

-

2,487

-

-

Amortization of intangible assets

-

-

-

-

-

-

-

-

-

1,978

-

Stock-based compensation expense

-

-

-

132

80

141

250

157

397

332

-

Total cost of revenue

23,652

25,072

26,323

39,490

60,153

58,328

67,120

-

-

-

90,870

Gross profit

43,502

37,330

53,944

44,305

46,839

57,107

79,199

83,291

93,285

95,592

99,070

Operating expenses:
Research and development

16,050

19,705

23,444

30,093

33,696

42,169

39,657

38,667

39,210

44,077

45,104

Selling and marketing

12,179

14,414

14,247

16,158

15,197

13,920

15,018

15,398

20,757

20,309

22,425

General and administrative

15,211

19,618

16,923

16,173

15,470

16,014

17,618

17,674

18,966

15,784

20,823

Amortization of intangible assets

-

-

-

2,019

4,041

4,084

3,361

3,966

-

3,073

2,826

Amortization of intangible assets

-

-

-

-

-

-

-

-

3,784

-

-

Stock-based compensation expense

-

-

-

2,489

3,472

3,079

2,709

5,772

2,591

2,266

-

Change in fair value of earn-outs

-

-

-

249

-

-

-60

2,435

3,312

-

-

Professional fees - other

-

-

-

347

637

671

1,614

1,619

-

-

-

Severance and restructuring costs

3,523

2,381

4,740

7,151

1,061

3,623

911

3,106

-

-

-

Loss on impairment of long-lived assets

-

-

-

23,772

21,464

-

-

-

-

-

-

Loss on impairment of goodwill and long-lived assets

-

17,015

-

-

-

-

-

-

-

-

-

Earn-outs and change in fair value of earn-outs

-

-

-

-

-

-

-

-

-

764

-

Professional fees - other

-

-

-

-

-

-

-

-

2,770

2,810

-

Severance and other restructuring costs

-

-

-

-

-

-

-

-

3,565

4,523

-

Total operating expenses

52,386

73,133

59,354

98,451

95,038

83,560

80,828

88,637

94,955

93,606

91,178

Loss on sale of fixed assets

-5,423

-

-

-

-

-

-

-

-

-

-

Loss from operations

-8,884

-35,803

-5,410

-54,146

-48,199

-26,453

-1,629

-5,346

-1,670

1,986

7,892

Interest income

-

-

-

-

-

-

-

-

-

304

763

Interest expense

-

-

-

-

-

-

-

-

-

24

156

Other income (expense), net

11

-4,217

6,636

-1,972

-523

-2,161

-224

-86

6

-1,160

-

Other expense, net

-

-

-

-

-

-

-

-

-

-

462

Loss of investment in affiliates

-

-

-

-500

-31

-

-363

885

-

27,071

-

Loss before income taxes

-8,873

-40,020

1,226

-56,618

-48,753

-28,614

-2,216

-4,547

-1,664

28,177

8,037

Income tax provision (benefit)

48

-2,018

-12,272

14,631

-1,029

-1,106

55

-1,555

1,881

-2,227

271

Equity income in earnings of affiliates, net of tax

-

-

-

-

27

19

44

193

142

-

-653

Equity income in earnings of affiliates, net of tax

-

-

-

-

-

-

-

-

-

167

-

Loss from continuing operations

-

-

-

-

-

-27,489

-2,227

-2,799

-3,403

30,571

-

Loss on sale of discontinued operations

-

-

-

-

-

-

-

-14,073

-

0

-

Loss from continuing operations

-

-

-

-

-

-

-

-

-

-

7,113

Income from discontinued operations, net of tax

-

-

-

-

-

5

-803

-2,293

-611

-1,103

-5,790

Net loss

-8,921

-38,002

13,498

-71,249

-47,697

-27,484

-3,030

-19,165

-4,014

29,468

1,323

Comprehensive loss

-

-

-

-

-

-

-

-

-

28,351

-

Net loss per share, basic

-0.24

-1.06

0.38

-2.04

-1.42

-0.84

-0.09

-0.59

-0.13

0.94

0.04

Net loss per share, diluted

-0.24

-1.06

0.38

-2.04

-1.42

-0.84

-0.09

-0.59

-0.13

0.92

0.04

Basic

-

-

-

-

-

-0.84

-0.07

-0.09

-0.11

0.98

0.23

Diluted

-

-

-

-

-

-0.84

-0.07

-0.09

-0.11

0.96

0.23

Basic

-

-

-

-

-

0.00

-0.02

-0.50

-0.02

-0.04

-0.19

Diluted

-

-

-

-

-

0.00

-0.02

-0.50

-0.02

-0.04

-0.19

Weighted average common shares outstanding, basic

36

35

35,412

34,970

33,506

32,772

32,718

32,494

32,093

31,434

30,860

Weighted average common shares outstanding, diluted

36

35

35,685

34,970

33,506

32,772

32,718

32,494

32,093

31,986

31,433

Comprehensive loss:
Net loss

-8,921

-38,002

13,498

-71,249

-47,697

-27,484

-3,030

-19,165

-4,014

29,468

1,323

Other comprehensive income, net of tax:
Foreign currency translation adjustment

1,212

1,992

-3

1,267

-847

-3,647

-294

7,954

-

-

-

Foreign currency translation adjustment

-

-

-

-

-

-

-

-

-872

-1,040

-

Unrealized gains on marketable securities

44

49

-60

-25

-12

25

-12

-6

-84

-77

-

Total other comprehensive income

1,256

2,041

-63

-

-

-

-

-

-

-

-

Comprehensive loss

-7,665

-35,961

13,435

-70,007

-48,556

-31,106

-3,336

-11,217

-4,970

-

-

Product [Member]
Total revenue

39,914

20,655

28,791

-

-

-

-

-

-

-

-

Cost of revenue

6,179

3,460

4,048

-

-

-

-

-

-

-

-

Service [Member]
Total revenue

27,240

41,747

51,476

-

-

-

-

-

-

-

-

Cost of revenue

17,473

21,612

22,275

-

-

-

-

-

-

-

-