Vericel corporation (VCEL)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Jun'10Jun'09
Product sales, net

117,850

90,857

62,760

54,383

51,168

28,796

19

21

18

89

182

Other revenue

0

0

1,164

0

0

-

-

-

-

-

-

Revenues

117,850

90,857

63,924

54,383

51,168

-

19

21

18

89

182

Gross profit

80,279

58,697

33,570

26,076

24,698

11,503

15

15

-

-

-

Research and development

30,391

13,599

12,944

15,295

18,890

21,263

15,104

26,025

21,330

12,658

11,289

Selling, general and administrative

61,139

49,007

35,610

27,388

22,479

13,774

5,875

7,750

7,724

5,201

4,950

Impairment of Intangible Assets, Finite-lived

-

-

-

2,638

0

0

-

-

-

-

-

Total operating expenses

91,530

62,606

48,554

45,321

41,369

35,037

20,979

33,775

29,058

17,893

16,351

Loss from operations

-11,251

-3,909

-14,984

-19,245

-16,671

-23,534

-20,964

-33,760

-29,040

-17,804

-16,169

Other income (expense):
Fair Value Adjustment of Warrants

0

2,524

257

0

-324

27

-5,337

-4,248

-9,329

3,171

-115

Gain (Loss) on Extinguishment of Debt

0

-838

-860

0

0

-

-

-

-

-

-

Bargain purchase gain

-

-

-

-

-

3,473

0

-

-

-

-

Foreign currency translation loss

-

-

-

-

-

152

0

-

-

-

-

Interest income

1,614

897

14

8

36

24

16

50

53

115

296

Other income

20

31

92

15

9

6

11

12

10

40

73

Interest expense

-8

-1,732

-1,107

-314

-20

-2

0

-

-

-

-

Total other income (expense)

1,586

-4,228

-2,302

-321

331

3,614

5,342

4,286

9,372

3,246

108

Net Income (Loss) Attributable to Parent

-9,665

-8,137

-17,286

-19,566

-16,340

-19,920

-15,622

-29,474

-19,668

-14,558

-

Net loss attributable to common shareholders

-

-

-

-

-

-

-

-

-

-14,558

-16,061

Net loss per share attributable to common shareholders (Basic and Diluted) (in dollars per share)

-0.22

-0.20

-0.52

-1.18

-0.97

-2.23

-6.95

-16.25

-10.18

-0.59

-0.90

Weighted average number of common shares outstanding (Basic and Diluted) (in shares)

44,180

40,242

33,355

23,093

23,760

11,642

3,016

2,060

1,931

24,729

-

Weighted Average Number of Shares Outstanding, Basic (in shares)

-

-

-

-

-

-

-

-

-

-

17,877

Weighted Average Number of Shares Outstanding, Diluted (in shares)

-

-

-

-

-

-

-

-

-

-

17,877

Product
Cost of product sales

37,571

32,160

30,354

28,307

26,470

17,293

4

6

4

34

112