Silversun technologies, inc. (SSNT)
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'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenues

10,079

8,661

10,107

10,425

9,307

7,047

10,063

9,683

9,310

8,753

9,586

8,508

8,002

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Software product, net

-

-

-

-

-

-

-

-

-

-

-

-

-

952

1,709

1,184

860

1,069

864

918

1,382

767

1,345

946

609

1,179

995

528

716

759

851

462

359

348

356

321

874

219

230

Service, net

-

-

-

-

-

-

-

-

-

-

-

-

-

7,287

7,824

7,378

6,923

6,958

6,335

5,013

5,100

4,430

4,741

4,308

4,314

3,930

3,379

3,342

3,328

2,970

2,616

2,609

2,550

2,348

2,014

2,370

1,886

1,688

1,556

Total revenues, net

-

-

-

-

-

-

-

-

-

-

-

-

-

8,240

9,534

8,562

7,784

8,027

7,199

5,931

6,483

5,197

6,086

5,254

4,924

5,109

4,374

3,870

4,044

3,730

3,468

3,071

2,909

2,696

2,371

2,692

2,761

1,908

1,787

Product

-

-

-

-

-

-

-

-

-

-

-

-

-

512

885

641

444

604

409

432

637

389

699

454

327

560

563

239

342

367

433

203

169

178

146

212

431

104

114

Service

-

-

-

-

-

-

-

-

-

-

-

-

-

4,835

5,094

4,570

4,408

4,695

3,885

3,087

3,045

3,146

2,828

2,552

2,492

2,671

2,180

2,024

2,067

1,895

1,648

1,570

1,557

1,398

1,214

1,314

1,128

970

1,014

Cost of revenues

6,227

5,708

6,407

6,163

5,544

4,939

6,282

5,657

5,369

5,467

5,799

5,104

4,615

5,348

5,980

5,212

4,853

5,300

4,294

3,520

3,682

3,536

3,527

3,007

2,819

3,232

2,743

2,263

2,409

2,263

2,081

1,773

1,726

1,577

1,360

1,527

1,559

1,074

1,129

Gross profit

3,852

2,953

3,700

4,261

3,762

2,107

3,780

4,025

3,940

3,286

3,787

3,404

3,387

2,892

3,553

3,350

2,931

2,727

2,905

2,410

2,800

1,661

2,558

2,247

2,105

1,877

1,630

1,606

1,635

1,467

1,386

1,297

1,183

1,119

1,011

1,164

1,202

833

658

Selling, general and administrative expenses:
Selling and marketing expenses

1,941

1,622

1,765

1,708

1,742

1,389

1,606

1,719

1,596

1,246

1,181

1,275

1,146

1,009

1,172

1,090

1,084

1,208

1,254

929

912

849

853

890

732

898

926

688

730

-

-

-

-

-

-

-

-

-

-

Selling expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

523

569

515

536

450

431

425

382

442

General and administrative expenses

2,126

1,944

2,467

2,306

2,054

1,747

2,079

2,093

2,059

1,967

1,902

1,779

1,704

1,562

1,702

1,590

1,518

1,771

1,409

1,266

1,187

1,029

1,086

1,083

1,082

795

668

765

697

976

677

606

616

630

527

623

515

539

508

Share-based compensation expenses

3

3

3

3

6

6

6

6

53

8

8

8

76

14

4

11

11

11

8

10

30

11

56

51

11

-

25

4

-

4

4

408

719

-

-

-

-

-

-

Impairment of intangible assets

-

-

236

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization expenses

176

146

178

221

174

92

239

174

142

154

145

149

170

170

171

171

170

68

184

120

111

102

95

89

77

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

72

70

75

-

62

32

19

22

22

26

26

19

20

Total selling, general and administrative expenses

4,247

3,716

4,651

4,239

3,978

3,236

3,933

3,993

3,852

3,376

3,238

3,211

3,098

2,757

3,051

2,864

2,786

3,060

2,856

2,326

2,242

1,992

2,091

2,115

1,903

1,765

1,693

1,529

1,503

-

1,267

-

-

-

-

-

-

-

-

Total selling, general and administrative expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,617

1,869

1,188

1,000

1,080

967

941

970

Loss from continuing operations

-395

-763

-950

22

-215

-1,129

-152

32

88

-90

549

192

288

135

502

485

144

-332

48

84

557

-331

467

132

201

111

-62

77

131

-289

119

-319

-686

-69

10

84

234

-107

-312

Other (expense) income:
Other income (expense):
Other income

5

-

18

-

0

-

0

-

-

-

-

-

-

-0

0

0

10

134

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on revaluation of derivatives

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

99

262

866

-447

Gain from extinguishment of debt and derivative liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,228

-

-

-

Amortization of debt discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

4

-

12

12

8

-

-

Interest income (expense)

7

18

-18

-24

-16

-11

-15

-8

-6

-6

-8

-8

-8

-12

-13

-19

-19

-17

-14

-13

-12

-14

-21

-14

-9

-4

-20

-15

-16

-28

-16

-14

-18

-46

-24

-47

-23

-27

-29

Total other income (expense)

13

24

0

-24

-16

-11

-15

-8

-6

-6

-8

-8

-8

-13

-12

-19

-9

116

-14

-13

-12

-14

-21

-14

-9

-4

-20

-15

-16

-6

-16

-14

-22

-25

-24

2,268

230

838

-476

Loss from continuing operations before taxes

-381

-738

-949

-2

-232

-1,141

-167

24

81

-96

541

183

279

122

489

465

135

-216

34

70

545

-345

446

118

191

107

-82

62

115

-

102

-

-

-

-

-

-

-

-

Provision (benefit) for income taxes

-89

-455

0

0

0

-311

0

7

23

982

223

62

125

58

-2,262

-81

60

-8

17

26

24

-109

197

58

70

-120

0

0

0

-

0

-

-

-

-

-

-

-

-

Loss from continuing operations

-292

-

-949

-

-232

-

-167

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations
Income from discontinued operations

0

-

269

-

355

-

407

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of discontinued operations

-

-

10,144

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for income taxes

0

-

1,795

-

27

-

69

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations

0

-

8,618

-

328

-

338

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income

-

-

-

-2

-

-

-

17

58

-1,078

317

120

153

63

2,751

547

74

-207

16

44

521

-235

248

59

120

227

-82

62

115

-295

102

-334

-708

-95

-14

2,352

465

730

-789

Net income per common share – basic and fully diluted (in Dollars per share)

-

-

-

-

-

-

-

-

0.01

-

-

-

0.03

-

-

-

0.02

-

-

-

0.13

-

-

-

0.03

-

-

-

0.00

-

-

-

-0.01

-

-

-

-

-

-

Net income attributable to non-controlling interest in SWK Technologies Inc.

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5

10

61

26

-3

-37

Net (loss) income

-292

-

7,668

-

96

-

170

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-89

-24

2,291

439

733

-751

Basic earnings (loss) per share applicable to common shareholders:
Continuing operations (in Dollars per share)

-0.06

-

-0.21

-

-0.05

-

-0.04

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations (in Dollars per share)

0.00

-

1.91

-

0.07

-

0.08

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income (in Dollars per share)

-0.06

-0.21

1.70

0.00

0.02

-

0.04

0.00

-

-

0.07

0.03

-

-

0.62

0.12

-

-

0.00

0.01

-

-

0.06

0.02

-

-

0.00

0.00

-

-

0.00

0.00

-

-0.03

-0.01

0.52

0.10

0.21

-0.22

Diluted earnings (loss) per share applicable to common shareholders:
Continuing operations (in Dollars per share)

-0.06

-

-0.21

-

-0.05

-

-0.04

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations (in Dollars per share)

0.00

-

1.91

-

0.07

-

0.08

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income (in Dollars per share)

-0.06

-0.21

1.70

0.00

0.02

-

0.04

0.00

-

-

0.07

0.03

-

-

0.61

0.12

-

-

0.00

0.01

-

-

0.06

0.02

-

-

0.00

0.00

-

-

0.00

0.00

-

-0.07

-0.01

0.02

0.08

0.13

-0.22

Weighted average shares outstanding:
Basic (in Shares)

4,501

4,501

4,500

4,500

4,500

4,501

4,501

4,501

4,493

4,490

4,489

4,489

4,486

4,426

4,410

4,410

4,410

4,415

4,407

4,341

4,042

3,955

3,945

3,939

3,930

-335,699

117,195

117,161

116,950

116,984

116,949

116,800

110,847

4,420

4,492

4,447

4,563

3,571

3,432

Total adjusted weighted-average shares

4,501

4,501

4,500

4,500

4,500

4,381

4,501

4,617

4,497

4,478

4,493

4,493

4,490

4,461

4,477

4,477

4,477

4,473

4,407

4,341

4,051

3,954

3,947

3,939

3,930

-335,898

117,195

117,161

117,150

102,650

131,283

116,800

110,847

307,473

4,492

105,724

5,521

5,521

3,432

Product [Member]
Revenues

1,769

1,800

1,867

1,601

1,606

862

1,456

1,367

1,635

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of revenues

1,129

1,139

1,232

911

896

824

892

726

877

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service Net [Member]
Revenues

8,310

6,861

8,239

8,823

7,701

6,184

8,606

8,315

7,675

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of revenues

5,097

4,568

5,174

5,252

4,648

4,115

5,390

4,930

4,491

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-