Transenterix, inc. (TRXC)
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
Revenue
Revenue from Contract with Customer, Excluding Assessed Tax

600

687

2,024

3,639

2,181

7,524

5,422

6,389

4,767

-

183

1,584

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of revenue
Cost of revenue

1,738

10,882

3,446

3,936

2,467

5,635

4,249

3,732

2,555

-

921

972

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue

-

-

-

-

-

-

-

-

-

-

-

-

1,946

-

1,466

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of revenue

-

-

-

-

-

-

-

-

-

-

-

-

1,334

-

1,031

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gross loss

-1,138

-10,195

-1,422

-297

-286

1,889

1,173

2,657

2,212

-102

-738

612

612

-

435

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-162

0

-

-

-

-

-1

1

Sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

134

61

113

93

219

362

521

329

1,575

531

9

0

-

-

-

0

-2

2

Operating Expenses
Cost of goods sold

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

435

202

238

220

714

2,058

1,156

882

3,172

1,077

171

0

-

-

-

-

-1

1

Research and development

3,934

4,634

5,884

6,295

5,655

6,439

4,838

5,281

5,265

5,175

4,889

5,070

6,855

7,513

7,011

6,364

8,385

8,558

7,048

6,579

7,484

5,984

9,067

7,882

5,011

4,845

2,909

2,165

2,781

3,109

1,228

769

1,177

887

975

849

656

1,026

730

Sales and marketing

4,253

5,589

6,883

7,868

7,674

7,901

5,819

6,046

5,970

5,536

4,528

3,749

3,723

3,588

2,574

1,306

1,683

1,694

413

373

375

404

456

461

406

453

438

540

512

-

1,025

-

-

-

-

-

-

-

-

General and administrative

3,349

3,801

5,908

4,489

4,560

3,865

3,686

3,627

2,676

3,587

2,920

2,719

3,049

2,886

2,793

2,895

2,239

2,098

1,762

2,116

1,855

733

1,481

1,913

1,614

1,056

1,278

702

685

-

777

-

-

-

-

-

-

-

-

Amortization of intangible assets

2,564

2,547

2,558

2,585

2,611

2,624

2,674

2,743

2,827

2,714

1,821

1,687

1,636

1,655

1,709

1,786

1,817

-

338

-

125

-

125

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of contingent consideration

-1,100

-87

11,647

-960

-1,000

1,081

1,358

-812

-627

-800

-773

774

-1,227

1,218

100

-944

-856

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance costs for warrants

-

-

-

-

-

-

-

-

-

-

-

627

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory write-down related to restructuring

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,565

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring and other charges

858

-

-

-

0

-

-

-

-

-

-

-

-

-

-

3,085

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill impairment

-

-

78,969

-

-

-

0

-

-

-

-

-

-

-

-

61,784

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of Intangible Assets, Finite-lived

-

-

7,912

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition related costs

0

-5

-40

0

45

-

345

0

-

-

-

-

-

-

-

-

-

-

4,003

-

-

-

-

-

-

-

2,891

-

-

-

-

-

-

-

-

-

-

-

-

Loss from sale of SurgiBot assets, net

0

-

0

0

-97

-

-44

-37

11,996

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reversal of transfer fee accrual

-

-

0

-

-

-

2,994

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Operating Expenses (Income)

-

-

-

-

-

-

-

-

-

-

-

-

16,490

-

13,987

80,729

14,980

-

13,564

-

9,839

-

11,331

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Merger expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Selling, general and administrative

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,068

915

680

506

467

653

712

619

Total Operating Expenses

16,014

2,111

96,427

22,197

21,640

20,114

13,054

18,546

5,369

-

14,931

13,078

-

-

-

-

-

-

-

9,068

-

-

-

10,494

7,251

-

9,574

4,563

4,860

9,153

4,107

1,837

2,092

1,567

1,481

1,316

1,309

1,738

1,349

Operating Loss

-17,152

-12,306

-97,849

-22,494

-21,926

-18,225

-11,881

-15,889

-3,157

-17,914

-15,669

-12,466

-15,878

-14,388

-13,552

-80,729

-14,980

-13,900

-13,564

-9,068

-9,839

-7,800

-11,270

-10,381

-7,158

-7,819

-9,212

-4,042

-4,531

-7,407

-3,576

-1,999

-2,092

-1,567

-1,481

-1,316

-1,309

-1,739

-1,348

Other Income (Expense)
Change in fair value of warrant liabilities

200

828

-600

-2,528

100

-10,138

8,760

17,507

-1,829

-

22,887

2,326

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,800

-

-

-

0

-

-

-

-

-

-

-

-

Interest income

27

23

63

178

318

419

391

320

270

-

62

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

1

1

Amortization of deferred financing cost

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

2

1

5

6

25

26

26

Interest expense

0

1,206

1,230

1,061

1,116

811

685

2,056

656

924

563

622

334

522

432

489

578

604

436

280

281

279

237

206

321

-

253

-

246

214

94

0

43

-

7

-

-

-

-

Other expense

-15

-32

-439

-191

-305

1,235

-52

1

-58

-6

-194

-40

-60

-

-30

95

-

-

-

-

-

-

-

-

-

-

-

-243

-

-

-

-

-

-

-

-

-

-

-

Other income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

Total Other Income (Expense), net

-143

-2,003

-992

1,454

-1,209

10,961

-9,106

-19,242

1,385

-59,205

-23,582

-2,988

-394

-420

-462

-394

-578

-604

-436

-280

-281

-279

-237

-206

-321

-212

-2,053

-243

-246

-209

-94

-3

-45

-42

-12

-6

-25

-25

-25

Loss before income taxes

-17,295

-14,309

-98,841

-21,040

-23,135

-7,264

-20,987

-35,131

-1,772

-77,119

-39,251

-15,454

-16,272

-14,808

-14,014

-81,123

-15,558

-

-14,000

-

-10,120

-

-11,507

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss before provision for income tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,002

-2,137

-1,609

-1,493

-1,322

-1,334

-1,764

-1,373

Income tax benefit

-697

-575

-1,070

-869

-610

-823

-781

-883

-890

-963

-738

-741

-858

-816

-1,070

-992

-2,645

-

-99

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

Net loss

-16,598

-13,734

-97,771

-20,171

-22,525

-6,441

-20,206

-34,248

-882

-76,156

-38,513

-14,713

-15,414

-13,992

-12,944

-80,131

-12,913

-13,579

-13,901

-9,348

-10,120

-8,079

-11,507

-10,587

-7,479

-8,031

-11,265

-4,285

-4,777

-7,616

-3,670

-2,002

-2,137

-1,609

-1,493

-1,322

-1,334

-1,764

-1,373

Preferred Stock Dividends and Other Adjustments

400

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-16,598

-13,734

-97,771

-20,171

-22,525

-6,441

-20,206

-34,248

-882

-76,156

-38,513

-14,713

-15,414

-

-12,944

-80,131

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-7,555

-2,002

-2,137

-1,609

-1,493

-1,322

-1,334

-1,764

-1,373

Net loss attributable to common stockholders

-17,010

-

-

-

-22,525

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,002

-2,137

-1,609

-1,493

-1,322

-1,334

-6,145

-1,475

Comprehensive loss
Foreign currency translation loss

-872

1,671

-3,670

1,240

-1,949

-1,039

-561

-4,398

2,308

1,282

2,952

5,430

1,133

-4,802

689

-2,286

3,796

-

-429

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive loss

-17,470

-12,063

-101,441

-18,931

-24,474

-7,480

-20,767

-38,646

1,426

-74,874

-35,561

-9,283

-14,281

-18,794

-12,255

-82,417

-9,117

-

-14,330

-

-10,120

-

-11,507

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic (in dollars per share)

-

-

-0.43

-0.09

-

-

-0.10

-0.17

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted (in dollars per share)

-

-

-0.43

-0.10

-

-

-0.10

-0.17

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic (in shares)

-

-

229,178

217,471

-

-

209,088

204,504

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted (in shares)

-

-

230,634

218,579

-

-

209,088

204,504

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other comprehensive income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

0

-

0

-

0

0

0

0

0

-

-

-

-

-

-

Comprehensive loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-9,348

-

-

-

-10,587

-7,479

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-11,265

-4,285

-4,777

-7,616

-3,670

-2,002

-2,137

-

-

-

-

-

-

Net loss per common share attributable to common stockholders - basic and diluted (USD per share)

-0.59

-

-

-

-1.35

-

-

-

0.00

-0.47

-0.26

-0.11

-0.13

-0.14

-0.11

-0.70

-0.12

-0.13

-0.16

-0.14

-0.16

-0.13

-0.18

-0.18

-0.15

7.23

-1.06

-3.97

-4.43

-2.08

-0.68

-0.04

-0.06

-0.06

-0.05

-0.05

-0.05

-0.26

-0.08

Weighted average number of shares used in computing net loss per common share - basic and diluted (in shares)

28,906

-

-

-

16,677

-

-

-

199,900

191,414

149,516

132,386

121,660

115,215

114,946

114,319

104,260

100,618

86,044

68,105

63,745

63,265

63,068

59,673

48,850

38,184

10,584

1,078

1,078

-21,704

5,391

48

37,829

-83,899

28,004

28,004

28,004

24,041

18,783

Product
Revenue from Contract with Customer, Excluding Assessed Tax

242

-

-

-

1,829

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of revenue

913

-

-

-

1,273

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service
Revenue from Contract with Customer, Excluding Assessed Tax

358

-

-

-

352

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of revenue

825

-

-

-

1,194

-

-

-

-

-

-

-

-

-

-

-

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