Tactile systems technology, inc. (TCMD)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Sep'15Jun'15
Total revenue

43,675

57,063

49,612

45,200

37,617

46,448

36,322

34,133

26,848

34,886

28,283

26,264

19,850

28,478

22,635

19,729

13,700

16,820

14,771

Total cost of revenue

12,602

15,963

14,239

13,695

11,359

14,433

10,141

9,610

7,309

8,829

7,528

7,034

5,624

7,523

6,282

5,324

3,811

4,466

4,401

Gross profit

31,073

41,100

35,373

31,505

26,258

32,015

26,181

24,523

19,539

26,057

20,755

19,230

14,226

20,955

16,353

14,405

9,889

12,354

10,370

Operating expenses
Sales and marketing

22,970

22,374

20,737

18,418

17,391

17,730

15,632

14,452

12,557

12,670

10,915

10,645

10,166

9,936

8,979

7,598

7,281

6,199

5,929

Research and development

1,684

1,192

1,467

1,234

1,281

1,340

1,223

1,289

1,437

1,361

1,116

1,465

1,118

1,162

1,285

1,049

980

1,094

1,011

Reimbursement, general and administrative

10,870

11,485

9,966

8,805

9,388

10,809

7,956

7,471

7,372

7,099

7,551

6,390

5,874

6,565

5,115

3,966

3,414

3,599

3,202

Total operating expenses

35,524

35,051

32,170

28,457

28,060

29,879

24,811

23,212

21,366

21,130

19,582

18,500

17,158

17,663

15,379

12,613

11,675

10,892

10,142

Loss from operations

-4,451

6,049

3,203

3,048

-1,802

2,136

1,370

1,311

-1,827

4,927

1,173

730

-2,932

3,292

974

1,792

-1,786

1,462

228

Other income

266

151

160

159

161

135

128

132

91

88

85

64

55

18

10

5

5

3

3

Loss before income taxes

-4,185

6,200

3,363

3,207

-1,641

2,271

1,498

1,443

-1,736

5,015

1,258

794

-2,877

3,310

984

1,797

-1,781

1,465

231

Income tax benefit

-2,900

1,958

900

400

-3,100

-147

-200

-1,100

-1,700

2,785

-84

-2,993

-1,373

931

492

809

-801

589

93

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

2,379

492

988

-980

876

138

Convertible preferred stock dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

0

224

509

514

470

466

Allocation of undistributed earnings to preferred stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

99

302

-

262

-

Net (loss) income

-1,307

4,283

2,431

2,785

1,472

2,355

1,746

2,572

-50

2,230

1,342

3,787

-1,504

2,780

169

177

-1,494

144

-328

Net (loss) income per common share
Basic (in dollars per share)

-0.07

0.22

0.13

0.15

0.08

0.12

0.10

0.14

0.00

0.13

0.08

0.22

-0.09

0.57

0.01

0.05

-0.45

0.05

-0.12

Diluted (in dollars per share)

-0.07

0.22

0.12

0.14

0.08

0.12

0.09

0.13

0.00

0.13

0.07

0.20

-0.09

0.55

0.01

0.04

-0.45

0.03

-0.12

Weighted-average common shares used to compute net (loss) income per common share
Basic (in shares)

19,173

19,066

18,981

18,881

18,746

18,513

18,344

18,155

17,996

17,762

17,603

17,176

16,878

16,698

12,253

3,406

3,293

3,148

2,808

Diluted (in shares)

19,173

19,751

19,641

19,591

19,579

20,555

19,525

19,313

17,996

20,734

19,083

18,814

16,878

20,912

13,982

4,846

3,293

4,799

2,808

Sales revenue
Total revenue

37,623

50,401

42,882

38,790

30,831

41,598

32,969

30,572

23,647

-

-

-

-

-

-

-

-

-

-

Total cost of revenue

10,922

13,803

12,233

11,586

9,412

12,850

9,153

8,557

6,409

-

-

-

-

-

-

-

-

-

-

Gross profit

26,701

36,598

30,649

27,204

21,419

28,748

23,816

22,015

17,238

-

-

-

-

-

-

-

-

-

-

Rental revenue
Total revenue

6,052

6,662

6,730

6,410

6,786

4,850

3,353

3,561

3,201

-

-

-

-

-

-

-

-

-

-

Total cost of revenue

1,680

2,160

2,006

2,109

1,947

1,583

988

1,053

900

-

-

-

-

-

-

-

-

-

-

Gross profit

4,372

4,502

4,724

4,301

4,839

3,267

2,365

2,508

2,301

-

-

-

-

-

-

-

-

-

-