Tandem Diabetes Care, Inc. TNDM Income Statement

Tandem diabetes care, inc. (TNDM)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13
Sales
97,926	108,398	94,657	93,255	65,995	76,199	46,264	34,126	27,277	40,294	27,003	21,327	18,977	28,912	12,293	22,985	20,058	29,120	15,716	15,706	12,308	17,888	13,514	10,255	8,065	10,244	7,776	5,527	5,458
Cost of sales
47,665	48,126	43,974	43,351	32,642	34,664	24,468	19,039	15,873	22,827	15,131	13,325	12,224	18,847	13,870	14,809	13,130	15,662	10,203	10,905	9,500	11,352	9,117	6,806	7,199	9,056	5,243	5,121	3,418
Gross profit
50,261	60,272	50,683	49,904	33,353	41,535	21,796	15,087	11,404	17,467	11,872	8,002	6,753	10,065	-1,577	8,176	6,928	13,458	5,513	4,801	2,808	6,536	4,397	3,449	866	1,187	2,532	405	2,040
Operating expenses:
Selling, general and administrative
49,717	45,560	44,649	40,565	34,961	32,178	29,506	22,628	20,914	21,299	20,125	22,104	22,849	19,067	20,683	21,087	21,997	20,544	19,123	19,599	19,355	20,117	18,895	18,068	18,041	14,304	12,008	11,324	6,884
Research and development
14,117	12,568	12,038	11,204	9,389	8,797	7,999	6,456	5,975	5,751	4,914	4,866	5,130	4,344	6,154	4,142	4,169	4,134	5,093	3,873	3,863	3,921	4,508	3,699	3,663	3,346	2,651	2,758	2,322
Total operating expenses
63,834	58,128	56,687	51,769	44,350	40,975	37,505	29,084	26,889	27,050	25,039	26,970	27,979	23,411	26,837	25,229	26,166	24,678	24,216	23,472	23,218	24,038	23,403	21,767	21,704	17,650	14,660	14,083	9,206
Operating loss
-13,573	2,144	-6,004	-1,865	-10,997	560	-15,709	-13,997	-15,485	-9,583	-13,167	-18,968	-21,226	-13,346	-28,414	-17,053	-19,238	-11,220	-18,703	-18,671	-20,410	-17,502	-19,006	-18,318	-20,838	-16,463	-12,127	-13,677	-7,166
Other income (expense), net:
Interest and other income
726	814	914	786	757	629	443	299	91	60	60	60	59	37	34	107	118	90	87	61	99	33	30	31	18	6	0	0	0
Interest and other expense
0	3	60	9	6	0	1,401	3,112	3,071	2,896	2,928	2,892	2,625	1,530	1,434	1,379	1,364	952	969	923	897	926	923	910	1,142	1,166	1,205	1,170	1,167
Loss on extinguishment of debt
-	-	0	-	-	-	-5,313	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair Value Adjustment of Warrants
1,922	226	-2,321	424	12,746	-2,548	12,265	42,549	14,228	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,990	-272	453	2,830
Total other expense, net
-1,196	585	3,175	353	-11,995	3,177	-18,536	-45,362	-17,208	-1,815	-2,868	-2,832	-2,566	-1,493	-1,400	-1,272	-1,246	-862	-882	-862	-798	-893	-893	-879	-1,124	-7,150	-933	-1,623	-3,997
Loss before income taxes
-14,769	-	-2,829	-	-22,992	-	-34,245	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax expense
98	-	72	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Parent
-14,900	2,652	-2,901	-1,512	-22,992	3,686	-34,245	-59,359	-32,693	-11,406	-16,035	-21,800	-23,792	-14,824	-29,814	-18,325	-20,484	-12,092	-19,585	-19,533	-21,208	-18,466	-19,899	-19,197	-21,962	-23,613	-13,061	-15,300	-11,163
Other comprehensive loss:
Unrealized gain on short-term investments
42	-14	-60	101	50	-	-19	6	-	0	0	0	1	2	-6	-37	20	17	-5	-39	39	-11	7	-2	14	-	-	-	-
Foreign currency translation gain (loss)
-409	45	-11	20	4	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other comprehensive gain or loss:
Comprehensive loss
-15,234	2,683	-2,972	-1,391	-22,938	3,686	-34,264	-59,353	-32,693	-11,406	-16,035	-21,800	-23,791	-14,822	-29,820	-18,362	-20,464	-12,075	-19,590	-19,572	-21,169	-18,477	-19,892	-19,199	-21,948	-23,613	-13,061	-15,300	-11,163
Net loss per share, basic (in dollars per share)
-	-	-0.05	-	-	-	-0.62	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss per share, diluted (in dollars per share)
-	-	-0.09	-	-	-	-0.62	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average shares used to compute basic net loss per share (in shares)
-	-	58,801	-	-	-	55,615	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average shares used to compute diluted net loss per share (in shares)
-	-	59,196	-	-	-	55,615	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss per share, basic and diluted (in dollars per share)
-0.25	-	-	-0.03	-0.40	-	-	-1.17	-1.82	2.04	-3.09	-4.36	-7.46	-16.29	-9.73	-0.60	-0.68	-22.91	-0.65	-0.65	-0.83	-31.53	-0.85	-0.83	-0.96	165.77	-60.96	-72.50	-53.77
Weighted average shares used to compute basic and diluted net loss per share (in shares)
59,740	-	-	58,219	57,771	-	-	50,948	17,993	9,325	5,190	5,004	3,189	-51,618	3,063	30,489	30,294	-73,896	30,040	29,902	25,522	-60,198	23,472	23,098	22,936	11,135	214	211	207