Viewray, inc. (VRAY)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Nov'14Sep'14Aug'14May'14Feb'14Nov'13
Revenue:
Total revenue

81,748

87,782

91,976

88,780

75,056

80,962

80,219

74,750

59,005

34,042

30,247

18,407

18,008

22,237

11,004

15,963

15,846

10,390

5,498

0

0

-

0

0

-

-

-

Cost of revenue:
Total cost of revenue

83,969

93,260

92,920

89,934

79,387

74,359

69,926

62,836

47,288

27,710

29,372

20,343

20,380

25,866

16,250

21,158

20,295

14,544

10,612

4,521

0

-

0

-

0

-

-

Grant

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Gross margin

-2,221

-5,478

-944

-1,154

-4,331

6,603

10,293

11,914

11,717

6,332

875

-1,936

-2,372

-3,629

-4,693

-4,642

-4,729

-4,154

-2,240

0

0

-

0

-

-

-

-

Revenue, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

Operating expenses:
Research and development

25,100

23,794

21,149

19,855

17,781

16,520

17,434

16,703

15,565

14,709

12,206

11,244

10,957

11,442

12,058

12,306

11,600

10,449

9,699

0

0

-

0

-

-

-

-

Selling and marketing

26,744

25,806

24,883

20,970

16,701

15,062

12,983

12,109

10,586

8,412

6,803

5,863

5,394

5,601

6,075

5,629

5,454

5,139

4,308

0

0

-

0

-

-

-

-

General and administrative

66,396

65,717

62,931

60,271

55,376

50,113

46,329

37,110

34,070

31,375

27,682

26,009

24,334

23,503

35,338

33,791

28,005

21,685

11,456

7,175

0

-

0

0

0

-

-

Selling, General and Administrative Expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24

-

23

0

0

0

Total operating expenses

118,240

115,317

108,963

101,096

89,858

81,695

76,746

65,922

60,221

54,496

46,691

43,116

40,685

40,546

49,506

47,761

48,266

37,273

18,972

10,681

0

24

0

23

0

0

0

Loss from operations

-120,461

-120,795

-109,907

-102,250

-94,189

-75,092

-66,453

-54,008

-48,504

-48,164

-45,816

-45,052

-43,057

-44,175

-54,696

-52,900

-53,492

-41,427

-20,397

-11,331

0

-24

0

-23

0

0

0

Interest income

2,196

1,721

1,393

911

226

8

8

7

6

5

3

3

2

2

3

2

2

2

2

0

0

-

0

-

-

-

-

Interest expense

4,606

4,327

4,845

5,750

6,594

7,701

7,633

7,502

7,376

7,247

7,157

7,021

6,606

5,951

5,242

4,588

4,050

3,452

2,901

0

0

-

0

-

-

-

-

Other income (expense), net

8,501

3,202

11,629

-6,662

-4,386

6,389

-10,224

-1,163

6,845

-16,770

-5,567

-9,397

-15,568

-512

-1,826

-389

-394

-117

-50

0

0

-

0

-

-

-

-

Loss before provision for income taxes

-114,370

-120,199

-101,730

-113,751

-104,943

-76,396

-84,302

-62,666

-49,029

-72,176

-58,537

-61,467

-65,229

-50,636

-53,734

-49,848

-49,907

-44,994

-38,458

0

0

-

0

-

-

-

-

Provision for income taxes

0

0

0

0

0

0

0

0

0

0

0

0

0

0

1

1

1

1

0

0

0

0

-

0

0

0

0

Net loss and comprehensive loss

-114,370

-120,199

-101,730

-113,751

-104,943

-76,396

-84,302

-62,666

-49,029

-72,176

-58,537

-61,467

-65,229

-50,636

-74,358

-70,472

-58,358

-44,995

-22,439

-12,196

-

-24

0

-22

0

0

0

Amortization of beneficial conversion feature related to Series A convertible preferred stock

-

-

0

0

-

2,728

2,728

2,728

2,728

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to common stockholders, basic and diluted

-

-

-101,730

-113,751

-

-79,124

-87,030

-65,394

-51,757

-72,176

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

-

-

-

-

Net loss per share, basic and diluted

-0.19

-0.31

-0.21

-0.32

-0.34

-0.18

-0.39

-0.30

-0.11

-0.35

-0.19

-0.15

-0.54

-0.24

-0.35

-0.32

-0.35

11.01

-0.35

-13.24

-9.27

0.00

-8.41

0.00

0.00

0.00

0.00

Weighted-average common shares used to compute net loss per share attributable to common stockholders, basic and diluted

147,457

114,654

99,039

97,572

96,741

96,096

84,920

74,531

68,943

65,718

59,061

57,230

51,821

43,670

40,156

38,234

38,211

38,740

29,157

919

911

-

900

-

3,500

-

-

Product
Total revenue

72,100

79,504

84,864

82,660

70,121

76,626

76,337

71,203

55,837

30,458

26,673

15,315

15,315

20,555

9,741

14,761

14,761

9,620

7,554

0

0

-

0

-

-

-

-

Total cost of revenue

71,542

80,446

80,326

77,004

68,844

66,522

64,730

59,259

44,933

25,488

27,350

18,425

18,236

23,897

13,231

18,194

18,446

12,673

9,064

0

0

-

0

-

-

-

-

Service
Total revenue

9,173

7,803

6,637

5,645

4,460

3,861

3,407

3,072

2,693

3,109

3,099

2,676

2,396

1,504

924

682

565

530

578

0

0

-

0

-

-

-

-

Total cost of revenue

12,427

12,814

12,594

12,930

10,543

7,837

5,196

3,577

2,355

2,222

2,022

1,918

2,144

1,969

2,186

2,131

1,849

1,871

1,548

0

0

-

0

-

-

-

-

Distribution Rights
Total revenue

475

475

475

475

475

475

475

475

475

475

415

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-