Smith micro software, inc. (SMSI)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenues

43,346

26,285

22,974

-

-

-

-

-

-

-

-

Revenues

-

-

-

28,235

39,507

36,979

42,675

43,329

57,767

130,501

107,279

Cost of revenues

3,927

4,333

5,082

7,564

8,152

9,317

9,707

8,448

13,761

15,507

15,486

Gross profit

39,419

21,952

17,892

20,671

31,355

27,662

32,968

34,881

44,006

114,994

91,793

Operating expenses:
Selling and marketing

7,517

5,784

6,186

9,615

8,902

9,559

15,675

16,666

26,594

29,708

24,999

Research and development

11,682

8,602

8,952

15,906

13,863

14,192

21,305

24,767

41,711

42,759

36,530

General and administrative

9,921

8,607

8,551

10,341

11,128

13,218

18,216

20,211

25,279

24,146

19,155

Restructuring expense

194

173

-123

303

-

2,435

5,602

238

3,184

-

-

Long-lived asset impairment

-

-

-

411

-

-

-

-

-

-

-

Goodwill and long-lived asset impairment

-

-

-

-

-

-

-

-

112,904

-

-

Total operating expenses

29,314

23,166

23,566

36,576

33,893

39,404

60,798

61,882

209,672

96,613

80,684

Operating income

10,105

-1,214

-5,674

-15,905

-2,538

-11,742

-27,830

-27,001

-165,666

18,381

11,109

Non-operating income (expense):
Change in fair value of warrant liability

-

812

-

-

-

-

-

-

-

-

-

Change in carrying value of contingent liability

-

-

-

668

-

-

-

-

-

-

-

Loss on debt extinguishment

-

-203

-405

-

-

-

-

-

-

-

-

Gain on sale of software product

483

-

-

-

-

-

-

-

-

-

-

Other income (expense):
Interest income, net

228

-472

-1,120

-313

1

-5

-

-

-

-

-

Other expense

-14

-26

-8

-22

3

-3

-

-

-

-

-

Change in fair value of contingent liability

-

-

-

-

-

-

-

-1,210

-

-

-

Interest and other income (expense), net

-

-

-

-

-

-

30

94

131

130

381

Income before provision for income taxes

10,802

-2,727

-7,207

-15,572

-2,534

-11,750

-27,800

-

-

-

-

Income (loss) before provision for income taxes

-

-

-

-

-

-

-

-25,697

-165,535

18,511

11,490

Provision for income tax expense

80

13

-546

-229

68

49

153

-234

-5,929

6,165

6,738

Net income

10,722

-2,740

-6,661

-15,343

-2,602

-11,799

-27,953

-25,463

-159,606

12,346

4,752

Unrealized holding losses on available-for-sale securities

-

-

-

2

-1

-

7

33

-24

-14

-

Income tax expense related to items of other comprehensive income

-

-

-

-

-

-

0

6

1

-6

-

Other comprehensive loss, net of tax

-

-

-

2

-1

-

7

27

-25

-8

-

Comprehensive loss

-

-

-6,661

-15,341

-2,603

-11,799

-27,946

-25,436

-159,631

12,338

-

Earnings per share:
Basic

0.31

-0.14

-

-

-

-

-

-

-

0.36

0.15

Diluted

0.29

-0.14

-

-

-

-

-

-

-

0.36

0.14

Basic and diluted

-

-

-0.49

-1.28

-0.26

-1.16

-0.76

-0.71

-4.48

-

-

Weighted average shares outstanding:
Basic

34,513

22,322

-

-

-

-

-

-

-

34,204

32,438

Diluted

36,991

22,322

-

-

-

-

-

-

-

34,615

32,897

Basic and diluted

-

-

13,489

11,951

10,162

10,162

36,982

35,849

35,617

-

-