THESTREET, INC. TST Income Statement

Thestreet, inc. (TST)

Income statement / Quarterly

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	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Total revenue
6,923	6,688	-	-	6,901	6,671	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total revenue
-	-	-	13,007	-	-	-	13,334	14,057	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Business to business
-	-	-	-	-	-	-	-	-	7,387	7,443	7,215	7,531	7,132	-	7,174	7,267	7,133	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Business to consumer
-	-	-	-	-	-	-	-	-	7,893	8,480	7,997	8,761	8,936	-	9,487	9,869	9,756	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Subscription services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,449	11,369	11,169	10,757	10,252	10,283	8,956	8,719	9,189	-	-	-	-	-	-
Subscription services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,715	11,557	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Subscription services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,994	10,074	9,609	9,645	9,825
Media
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,969	2,903	3,204	2,939	3,431	2,415	2,726	2,327	3,542	2,641	3,761	3,625	5,046	4,346	4,953	4,511	4,691	4,838
Total revenue
-	-	-	-	-	-	-	-	-	15,280	15,923	15,213	16,292	16,069	16,967	16,661	17,136	16,890	17,282	14,619	14,762	14,389	14,801	13,584	13,484	12,580	13,826	11,597	12,481	12,815	14,269	14,341	15,028	14,120	14,336	14,663
Operating expense:
Cost of services
3,375	3,418	9,696	5,770	3,722	3,589	-	6,185	6,244	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of services (exclusive of depreciation and amortization shown separately below)
-	-	-	-	-	-	-	-	-	7,281	8,484	7,924	8,144	7,886	7,998	8,707	8,585	8,323	8,832	7,483	7,676	7,737	6,824	7,460	6,903	6,242	7,051	5,699	5,699	6,435	6,462	6,274	6,802	6,959	6,466	6,136
Sales and marketing
1,749	2,099	6,078	3,639	2,462	2,045	2,642	2,782	3,257	3,543	4,062	3,736	4,013	3,884	3,862	3,703	4,113	4,511	4,397	3,343	3,758	4,101	3,809	3,525	3,702	3,416	3,318	2,717	3,268	4,090	3,559	4,640	4,110	4,370	4,202	3,841
General and administrative
2,469	3,173	4,770	4,368	3,505	3,281	3,405	3,718	3,681	4,026	3,226	3,937	3,879	5,113	3,755	3,773	3,683	3,787	4,124	3,564	3,278	2,978	2,988	2,755	3,011	3,463	3,395	3,143	3,277	3,822	3,651	3,750	4,400	4,008	4,648	4,917
Depreciation and amortization
509	500	2,562	1,166	461	440	997	1,115	1,058	1,179	2,685	1,080	972	943	1,124	1,069	1,137	978	1,000	721	721	735	1,006	883	935	943	1,771	1,295	1,158	1,287	1,264	1,326	1,545	1,620	1,087	1,094
Accelerated equity vesting
-	2,930	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transaction costs
1,729	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset impairments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	555
Restructuring and other charges
30	2,902	-	-	-	-	239	0	0	198	-0	-582	162	1,380	0	-1,221	0	0	-	0	-	-	0	0	0	385	549	3,046	1,280	1,713	1,825	0	0	0	-	-
Loss on disposition of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-171	-	-	-	-	-	-	-	-	-	-	-	-
Loss (gain) on disposition of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-73	56	-	-14	220	0	-	0	0	-	-	-
(Gain) loss on disposition of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,318
Total operating expense
9,864	15,024	47,977	14,944	10,152	9,356	12,880	13,801	14,241	16,229	28,233	16,097	17,172	19,208	16,740	16,032	17,520	17,600	18,355	15,112	15,435	15,553	14,627	14,796	14,626	14,394	16,059	15,915	14,464	17,348	16,764	15,992	16,858	16,959	16,404	15,227
Operating loss
-2,940	-8,335	-21,468	-1,937	-3,250	-2,685	-758	-467	-184	-948	-12,309	-883	-880	-3,138	226	629	-383	-710	-1,072	-493	-672	-1,164	173	-1,211	-1,142	-1,814	-2,233	-4,317	-1,983	-4,532	-2,495	-1,651	-1,829	-2,838	-2,067	-563
Net interest income
248	378	109	32	22	16	20	8	10	7	-9	-12	-11	-0	-25	-30	-32	-33	-7	26	31	38	39	32	65	71	57	91	107	96	137	155	176	198	240	225
Loss before income taxes from continuing operations
-2,692	-7,956	-	-	-3,227	-2,668	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Loss) income from discontinued operations
-563	18	-	-	2,581	1,501	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of business, net of tax
-	54,057	-	-551	27,100	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Loss) income before income taxes
-	-	-	-2,586	-	-	-	383	532	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
(Loss) income before income taxes
-3,256	46,119	-	-	26,454	-1,167	-	-	-	-941	-12,319	-895	-891	-3,139	201	598	-416	-744	-1,080	-466	-641	-1,126	-	-	-1,076	-	-	-	-1,875	-4,436	-	-1,496	-1,653	-2,640	-	-
Loss from continuing operations before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,827	-337
Benefit for income taxes
-	-2,893	-20,044	-775	-1,061	-485	-3,190	193	187	186	-680	325	318	305	450	243	254	232	475	0	0	0	-	-	-	-	-	-	0	0	-	0	0	0	0	0
Provision for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Loss before income taxes from continuing operations
-	-	-	-1,905	-	-	-	-459	-174	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,875	-4,436	-2,392	-1,496	-1,653	-2,640	-1,827	-337
Gain on discontinued operations
-	-	-	-129	-	-	-	842	706	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposal of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-0	-0	-1	-2	-2
Net (loss) income attributable to common stockholders
-3,256	49,012	-6,807	-1,811	27,515	-681	4,145	189	344	-1,127	-11,638	-1,221	-1,210	-3,444	-249	354	-671	-976	-1,555	-466	-641	-1,126	212	-1,179	-1,076	-1,742	-	-4,226	-	-	-2,392	-1,496	-1,653	-2,642	-1,830	-339
Preferred stock cash dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	96	96	96	96	96	96	96	96	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock cash dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	96	96	96	96	96	96	96	96
Net income attributable to common stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-345	257	-767	-1,073	-1,651	-563	-737	-1,222	212	-1,179	-1,076	-1,742	-2,176	-4,226	-1,971	-4,533	-2,488	-1,592	-1,749	-2,738	-1,926	-436
Net income (loss) per share:
Discontinued operations (in dollars per share)
-	-	-	-0.02	-	-	-	0.03	0.02	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic net (loss) income attributable to common stockholders:
Loss from continuing operations (in Dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.07	-0.05	-0.05	-0.09	-0.06	-0.01
Loss on disposal of discontinued operations (in Dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00
Net loss attributable to common stockholders
-	-	-	-	-	-	-	-	-	-0.03	-	-	-	-0.10	-	-	-0.02	-0.03	-	-	-0.02	-0.04	0.00	-0.03	-0.03	-0.05	-0.06	-0.13	-0.06	-0.14	-0.07	-0.05	-0.05	-0.09	-0.06	-0.01
Continuing operations (in dollars per share)
-0.50	-0.99	0.76	-0.02	-0.44	-0.44	-	-0.02	-0.01	-	-	-	-	-	-	0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations (in dollars per share)
-0.11	10.61	-	-	6.02	0.30	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic net (loss) income per share (in dollars per share)
-0.61	9.62	-5.03	-0.04	5.58	-0.14	-	0.01	0.01	-	-	-0.03	-0.03	-	-	-	-	-	-	-0.02	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations (in dollars per share)
-	-	-	-0.02	-	-	-	0.03	0.02	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted net (loss) income attributable to common stockholders:
Continuing operations (in dollars per share)
-0.50	-0.97	0.76	-0.02	-0.43	-0.44	-	-0.02	-0.01	-	-	-	-	-	-	0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations (in dollars per share)
-0.11	10.32	-	-	5.87	0.30	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted net (loss) income per share (in dollars per share)
-0.61	9.35	-4.90	-0.04	5.44	-0.14	-	0.01	0.01	-	-	-0.03	-0.03	-	-	-	-	-	-	-0.02	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends declared and paid per common share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock cash dividends (in Dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock cash dividends (in Dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	-	0.00	0.00	0.00	-0.01	0.00	0.00	0.00	0.00	0.00
Net loss attributable to common stockholders (in Dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.03	-0.03	-0.05	-	-0.13	-0.06	-0.14	-0.08	-0.05	-0.05	-0.09	-0.06	-0.01
Weighted average basic and diluted shares outstanding
-	-	-	-	-	-	-	-	-	35,558	-	-	-	35,197	-	-	34,848	34,779	-	-	34,367	34,206	33,945	33,892	33,784	33,278	32,896	32,848	32,752	32,342	32,016	31,994	31,923	31,880	-	-
Weighted average basic shares outstanding (in shares)
5,326	5,095	138,252	49,600	4,929	4,918	-	35,869	35,698	-	-	35,253	35,234	-	-	34,854	-	-	-	34,436	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Employee stock options and restricted stock units
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	231	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Employee stock options and restricted stock units
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average diluted shares outstanding (in shares)
5,326	5,242	144,613	49,600	5,055	4,918	-	36,142	35,803	-	-	35,253	35,234	-	-	35,085	-	-	-	34,436	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average basic and diluted shares outstanding (in Shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	31,653	31,560