Pareteum corp (TEUM)
Income statement / Quarterly
Jun'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

34,148

23,039

14,312

8,007

6,003

4,112

4,014

3,498

3,239

2,794

3,144

3,170

3,267

3,273

3,272

3,485

19,244

5,013

5,454

4,445

5,072

5,384

5,523

4,123

3,564

6,240

6,836

6,699

7,084

8,580

8,137

7,796

7,790

8,508

9,040

9,673

COST AND OPERATING EXPENSES
Cost of service, excluding depreciation and amortization

15,293

10,068

5,226

2,128

1,779

1,194

-

791

945

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of service (excluding depreciation and amortization)

-

-

-

-

-

-

-

-

-

841

662

892

978

1,125

1,255

1,361

1,440

1,868

1,638

1,565

1,848

1,635

1,735

1,548

2,144

3,960

6,325

4,603

5,185

6,889

6,674

6,996

7,494

7,557

8,638

9,005

Product development

3,242

2,198

846

765

753

726

424

497

273

284

776

667

808

1,290

986

1,030

1,490

1,036

1,529

1,707

2,280

1,711

1,568

1,354

1,819

1,349

-

-

-

-

-

-

-

-

-

-

Sales and marketing

2,769

2,564

977

842

652

688

471

412

370

319

246

206

345

541

994

640

336

662

609

555

664

563

910

623

882

722

-

-

-

-

-

-

-

-

-

-

General and administrative

9,033

7,614

5,170

8,127

2,214

2,296

4,661

1,578

1,490

2,365

3,921

2,743

2,187

2,855

3,538

2,485

2,664

2,961

2,839

3,248

3,467

3,047

4,551

2,996

4,091

3,422

-

-

-

-

-

-

-

-

-

-

Restructuring and acquisition charges

427

3,080

5,185

1,994

5

73

125

253

458

129

440

560

0

637

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Selling, general and administrative expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,221

4,565

4,569

11,842

4,325

3,824

3,416

2,795

2,079

Non-cash compensation to officers, directors and employees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,709

1,538

1,691

-

2,432

2,037

1,130

779

2,712

Depreciation and amortization

3,224

2,843

2,468

998

994

965

1,383

1,432

872

843

926

1,108

1,113

1,097

1,351

1,781

1,745

1,746

2,383

1,900

1,928

2,008

1,901

1,543

1,836

1,319

1,943

1,263

1,224

1,278

1,260

1,353

1,337

1,302

1,481

1,515

Impairment for assets held and used

-

-

-

-

-

-

-

-

-

-

-

850

-

-

-

0

937

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of goodwill

-

-

-

-

-

-

-

-

-

-

-

3,228

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on sale of assets

-

-

-

-

-

-

-

-

-

-

-

-1,746

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total cost and operating expenses

33,989

28,369

19,873

14,858

6,400

5,946

8,171

4,965

4,412

4,784

6,769

12,005

5,434

7,548

11,124

7,299

8,615

8,274

9,000

8,976

10,189

8,967

10,666

8,066

10,774

10,776

11,974

11,797

12,514

14,429

14,699

15,107

14,695

13,406

13,695

15,312

INCOME/(LOSS) FROM OPERATIONS

158

-5,329

-5,561

-6,850

-397

-1,833

-4,157

-1,467

-1,173

-1,989

-3,624

-8,835

-2,167

-4,275

-7,851

-3,813

10,628

-3,261

-3,545

-4,530

-5,117

-3,583

-5,142

-3,942

-7,210

-4,536

-5,137

-5,098

-5,429

-5,848

-6,562

-7,310

-6,904

-4,898

-4,654

-5,639

OTHER INCOME/ (EXPENSE)
Interest income

149

101

48

49

43

42

36

41

54

39

36

24

24

25

25

28

22

30

33

36

29

27

14

33

21

33

53

-85

174

105

-15

74

24

22

40

32

Interest expense

777

548

33

111

99

63

309

421

406

517

371

253

296

306

284

280

555

367

345

260

333

301

452

181

208

223

-795

649

836

90

-

-

71

-

-

-

Interest expense related to debt discount accretion and conversion feature

199

71

9

115

30

29

1,860

205

293

1,049

3,108

2,319

261

351

89

125

403

63

738

1,287

1,025

884

748

259

502

558

1,081

0

0

7

-

-

-

-

-

-

Interest expense related to debt discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,796

4,959

Change in fair value of conversion feature

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

372

-139

539

617

1,226

3

-

0

-

-

-18,330

-2,660

LOSS BEFORE EARNINGS OF UNCONSOLIDATED JOINT VENTURE

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5,310

-4,961

-

-

-

-

-

-

-

Net (loss) income attributable to non-controlling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-0

0

0

1

Net loss from joint venture

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-164

-29

-

-

0

-

-

-

-

Changes in derivative liabilities

0

0

0

0

-1,597

313

1,126

0

0

-1,920

3,240

735

-140

-518

95

0

-149

-246

-160

103

-38

210

-

-173

-346

-

-

0

0

-

-

-

-

-

-

-

Gain on extinguishment of debt

-

-

-

0

-

-

0

-299

0

463

-

-443

0

0

0

0

0

2,475

0

626

0

-0

-

-44

-1,938

-

-

0

0

-

-

-

-

-

-

-

Interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

35

-

66

538

535

Other (expense)/income

-194

-47

-95

35

567

69

18

216

433

36

-

-

-109

221

30

82

155

-1,191

-195

301

68

3

-

-

-

-

-

-

-

-163

0

0

230

230

-

-

Amortization of deferred financing costs

101

49

7

8

6

6

93

25

26

196

416

568

145

136

46

41

362

62

184

73

113

136

132

44

2

70

527

0

0

3

-

-

-

-

-

-

Amortization of deferred financing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

566

593

Total other (expense)/income

-1,123

-616

-97

-150

2,072

-300

-3,334

-694

-237

697

-7,633

-4,194

-646

-28

-461

-335

-995

1,067

-1,269

-760

-1,335

-1,502

-1,682

-322

-1,912

-958

-1,619

-117

564

-156

-42

39

182

186

-21,191

-8,716

(LOSS)/INCOME BEFORE INCOME TAX (BENEFIT)/EXPENSE

-965

-5,945

-5,658

-7,000

1,675

-2,134

-7,491

-2,161

-1,410

-1,291

-11,258

-13,029

-2,814

-4,303

-8,313

-4,149

9,633

-2,193

-

-5,291

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

LOSS BEFORE (BENEFIT) PROVISION FOR INCOME TAXES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-6,452

-5,086

-6,825

-4,265

-9,122

-5,494

-6,757

-5,215

-4,864

-6,005

-6,605

-7,271

-6,721

-4,712

-25,845

-14,355

Income tax (benefit)/expense

-449

-167

-181

19

18

-0

26

147

-67

1

10

8

9

9

-67

6

111

-68

128

-44

-2

135

-241

41

0

0

96

94

97

0

-0

0

0

0

-

0

NET (LOSS)/INCOME

-515

-5,778

-5,476

-7,020

1,656

-2,134

-7,517

-2,309

-1,342

-1,293

-11,269

-13,038

-2,823

-4,313

-8,246

-4,156

9,521

-2,125

-4,943

-5,246

-6,450

-5,221

-6,583

-4,306

-9,122

-5,494

-6,661

-5,474

-4,990

-6,005

-6,604

-7,271

-6,721

-4,713

-25,845

-14,356

OTHER COMPREHENSIVE (LOSS)/INCOME
Foreign currency translation gain/(loss)

435

-359

2

-21

-79

104

-1,211

2

16

-26

-

101

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET LOSS ATTRIBUTABLE TO COMPANY

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-7,271

-6,721

-4,713

-25,846

-14,358

Foreign currency translation gain (loss)

-

-

-

-

-

-

-

-

-

-

281

425

-345

341

-1,394

-64

508

-1,712

-972

-2,273

-148

-2

1,809

489

-534

-761

726

594

-1,779

869

-1,556

-2,325

938

2,319

2,937

-3,168

COMPREHENSIVE (LOSS)/INCOME

-79

-6,138

-5,474

-7,041

1,577

-2,029

-8,729

-2,307

-1,326

-1,319

-10,987

-12,612

-3,168

-3,972

-9,641

-4,220

10,030

-3,837

-

-7,520

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-22,908

-17,527

Net (loss)/income per common share and equivalents - basic

0.00

-0.06

-0.07

-0.12

0.03

-0.04

-0.36

-0.16

-0.10

-0.14

-1.57

-1.90

-0.43

-0.66

-0.81

-0.03

0.06

-0.01

-

-0.04

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss)/income per common share and equivalents - diluted

0.00

-0.06

-0.07

-0.12

0.03

-0.04

-0.36

-0.16

-0.10

-0.14

-1.57

-1.90

-0.43

-0.66

-0.81

-0.03

0.06

-0.01

-

-0.04

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average shares outstanding during the period - basic

111,074

103,565

95,468

59,314

53,348

50,062

28,815

14,304

12,910

9,322

7,267

6,627

6,545

6,515

-446,088

160,161

156,384

154,854

-

149,468

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average shares outstanding during the period - diluted

111,074

103,565

84,075

59,314

64,741

50,062

28,815

14,304

12,910

9,322

-

-

-

6,515

-447,640

160,161

157,936

154,854

-

149,468

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Other Comprehensive Income (Loss), Net of Tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

489

-534

-761

-

594

-1,779

869

-

-2,325

938

-

-

-

Other Comprehensive Income (Loss), Net of Tax, Total

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,319

2,937

-3,168

COMPREHENSIVE LOSS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-6,598

-5,223

-4,774

-3,817

-9,657

-6,256

-5,934

-4,880

-6,770

-5,135

-8,161

-9,596

-5,783

-2,393

-

-

Net loss per common share and equivalents - basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.04

-0.04

-0.04

-0.03

-0.08

-0.05

-0.07

-0.05

-0.04

-0.05

-0.05

-0.07

-0.07

-0.05

-0.36

-0.23

Weighted average shares outstanding during the period - basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

146,482

141,752

139,162

134,440

118,686

112,748

111,905

111,558

111,167

110,656

-

107,842

100,467

-

-

-

Weighted average shares outstanding during the period - basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

96,282

72,141

62,356