Srax, inc. (SRAX)
Income statement / Quarterly
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'12
Revenues

351

-

1,001

-

592

-

2,015

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue

-

-

-

904

-

-

-

4,697

2,110

6,488

5,554

5,979

5,326

11,513

9,530

9,249

5,469

8,121

7,390

10,761

4,021

3,626

663

276

553

1,893

853

495

171

46

242

424

406

Cost of revenues

112

605

322

410

342

254

764

1,320

818

950

2,454

2,644

3,279

6,796

6,986

6,262

3,180

3,710

3,296

5,158

2,242

1,725

489

204

372

1,249

671

300

104

129

78

237

183

Gross profit

239

481

679

493

250

803

1,251

3,376

1,292

5,538

3,099

3,335

2,047

4,716

2,544

2,986

2,288

4,410

4,094

5,603

1,778

1,900

173

72

181

644

181

194

66

-83

164

186

223

Operating expense
Employee related costs

2,026

-

-

-

2,198

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Marketing and selling expenses

320

-

-

-

455

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Platform Costs

403

-

-

-

339

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

308

-

-

-

253

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

General and administrative

1,056

-6,000

5,389

5,114

1,247

-7,988

4,869

5,392

4,108

5,603

3,659

3,344

4,409

5,566

3,851

3,425

3,805

-

3,751

4,252

-

-

-

-

-

-

-

-

-

-

-

-

-

Write-off of non-compete agreement

-

-

-

-

-

-

-

-

-

-

0

0

468

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring costs

-

-

-

-

-

-

-

-

-

0

0

0

377

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

670

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expense

4,113

-

-

-

4,492

-

-

-

4,108

5,603

3,659

3,344

5,256

5,566

3,851

4,095

3,805

-

-

-

2,910

3,152

1,091

953

869

907

864

345

404

382

481

436

450

Loss from operations

-3,874

-4,285

-4,710

-4,620

-4,242

-3,269

-3,618

-2,015

-2,815

-65

-559

-8

-3,209

-849

-1,307

-1,108

-1,516

490

342

1,350

-1,131

-1,251

-918

-880

-688

-263

-682

-151

-337

-465

-316

-249

-226

Other income (expense)
Financing Costs

360

-

-

-

68

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of Leapfrog warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of put liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-16

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

40

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Write-off of contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

3,744

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Write off of contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,000

-934

-923

-

-

-

0

-

-

-126

-39

-

-

-

-

Interest expense

-

-

108

183

-

-

319

486

434

-

338

197

133

-

817

434

590

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of debt issuance costs

-

-

-

-

-

-

619

482

435

333

162

8

578

-

250

271

294

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Interest Expense

-

-

108

183

-

-

938

969

870

2,446

500

206

711

550

1,067

706

885

-

-

-

-

-

-

-

-

-

147

-

-

0

0

0

0

Change in fair value of warrant liabilities

-

-

-

-

-

-

-

-

-

-

-1,623

858

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on repurchase of series B warrant

-

-

-

-

-

-

-

-

-

-

-

2,068

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on repurchase of Series B warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on repurchase of Series B warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on repricing of Series A warrants

-

-

-

-

-

-

-

-

-

-

-

99

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (loss) on sale of assets

-

263

0

-77

472

-

23,978

-22

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Exchange gain (loss)

-71

-2

0

-0

14

-12

10

-0

-4

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of put warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of debt discount and warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on repricing of equity warrants

-

-

-

341

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of derivative liabilities

1,302

-

6,227

-

-1,962

-

1,839

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in Fair Value of Warrant Liability

-

-

-

-2,875

-

-

-

-1,013

3,723

-

-

-

1,947

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

-

-

-

22

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-operating income / (expense)

-

-

-

-3,294

-

-

-

-1,036

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other income (loss)

871

-98

6,119

-3,477

-1,544

-5,246

24,889

-2,005

2,826

-6,784

-2,124

-1,515

1,236

-

-1,067

2,982

-885

-

-1,000

-934

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income (expense)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

Loss before provision for income taxes

-3,003

-4,383

1,409

-8,098

-5,786

-8,516

21,271

-4,021

11

-6,850

-2,683

-1,524

-1,973

-1,343

-2,375

1,873

-2,401

-426

-658

415

-2,054

-1,925

-917

-880

-687

-262

-829

-277

-377

-465

-316

-249

-226

Provision for income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Net income (loss)

-3,003

-4,383

1,409

-8,098

-5,786

-8,516

21,271

-4,021

11

-6,850

-2,683

-1,524

-1,973

-1,343

-2,375

1,873

-2,401

-426

-658

415

-2,054

-1,925

-917

-880

-687

-262

-829

-277

-377

-465

-316

-249

-226

Net loss per share, basic and diluted

-0.21

-0.23

0.11

-0.67

-0.57

-

2.10

-0.39

-

-

-0.33

-0.19

-0.25

-

-

-

-0.41

-

-0.12

-

-0.08

-

-0.04

-

-0.03

-0.01

-0.06

-0.02

-0.03

-0.04

-0.02

-0.02

-0.02

Weighted average shares outstanding - basic and diluted

14,000

-

12,933

-

10,109

-

10,112

-

10,037

-

8,115

8,025

7,844

-

-

-

5,907

-

5,409

-

27,029

-

-

-

20,630

18,888

13,801

13,084

12,989

12,913

12,912

12,852

12,692

Net (loss) income per share, basic

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.40

0.31

-

-

-

0.02

-

-

-

-0.04

-

-

-

-

-

-

-

-

-

Net (loss) income per share, diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.40

0.29

-

-

-

0.01

-

-

-

-0.04

-

-

-

-

-

-

-

-

-

Basic

-

-

-

12,129

-

-

-

10,213

-

-

-

-

-

-

5,958

5,986

-

-

-

26,911

-

-

20,692

20,515

-

-

-

-

-

-

-

-

-

Diluted

-

-

-

12,129

-

-

-

10,213

-

-

-

-

-

-

5,958

6,538

-

-

-

29,520

-

-

-

20,515

-

-

-

-

-

-

-

-

-

Net (loss) income (per above)

-3,003

-4,383

1,409

-8,098

-5,786

-8,516

21,271

-4,021

11

-6,850

-2,683

-1,524

-1,973

-

-2,375

1,873

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-316

-249

-226