BOINGO WIRELESS, INC. WIFI Income Statement

Boingo wireless, inc. (WIFI)

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	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenue
59,886	64,056	64,707	68,554	66,473	67,808	65,253	59,601	58,159	57,348	53,655	49,033	44,333	44,974	40,796	39,075	34,499	38,771	37,186	34,277	29,392	33,627	30,822	28,396	26,452	28,766	28,607	26,239	23,134	28,000	26,017	24,302	24,187	25,899	24,688	22,943	21,028	20,214	20,298
Costs and operating expenses:
Network access
28,759	29,245	29,155	29,802	31,411	33,646	29,273	24,088	26,565	26,047	24,143	21,105	19,407	19,537	17,982	16,915	14,678	15,837	17,517	16,011	13,623	18,181	15,058	13,247	12,925	12,870	13,670	11,035	9,670	12,712	10,061	9,661	9,855	9,929	9,647	9,169	8,337	7,742	8,347
Network operations
13,287	14,954	13,682	14,249	14,142	13,386	13,260	12,723	12,846	13,059	11,625	11,668	11,263	10,741	10,698	10,418	10,450	9,377	8,219	7,902	8,039	7,613	6,245	5,793	5,824	5,203	4,495	4,753	3,951	3,646	3,693	3,748	3,454	4,084	4,097	3,944	3,724	3,236	3,172
Development and technology
6,985	9,041	8,182	8,353	8,999	8,489	7,995	7,463	7,425	6,940	6,817	6,663	6,334	6,112	5,394	5,267	5,353	5,169	5,001	4,786	4,191	4,074	3,965	3,169	3,671	2,948	2,622	2,726	3,136	2,980	2,300	2,834	2,658	2,241	2,449	2,259	2,484	1,978	2,047
Selling and marketing
5,579	6,661	5,721	6,194	5,867	6,157	5,674	5,353	5,463	5,745	5,201	5,094	4,893	4,626	4,553	4,882	4,668	5,663	4,793	4,781	4,416	4,753	3,778	3,966	3,885	4,138	3,294	3,822	2,990	3,018	2,567	2,419	2,251	1,999	1,955	1,826	1,629	1,509	1,381
General and administrative
6,750	6,935	5,021	7,015	8,294	8,084	7,789	6,730	7,699	8,196	8,006	11,263	8,103	7,166	6,701	7,700	8,152	5,362	5,472	5,689	5,833	4,116	4,304	4,645	4,395	3,565	3,201	3,811	4,490	3,245	2,971	3,157	3,327	3,343	3,236	2,810	2,564	2,554	2,344
Amortization of intangible assets
1,111	1,206	1,103	1,131	1,131	1,203	1,112	668	727	825	852	910	911	866	855	862	865	867	943	873	893	904	959	928	925	794	541	516	399	325	296	247	235	263	323	508	561	573	618
Total costs and operating expenses
62,471	68,042	62,864	66,744	69,844	70,965	65,103	57,025	60,725	60,812	56,644	56,703	50,911	49,048	46,183	46,044	44,166	42,275	41,945	40,042	36,995	39,641	34,309	31,748	31,625	29,518	27,823	26,663	24,636	25,926	21,888	22,066	21,780	21,859	21,707	20,516	19,299	17,592	17,909
Loss from operations
-2,585	-3,986	1,843	1,810	-3,371	-3,157	150	2,576	-2,566	-3,464	-2,989	-7,670	-6,578	-4,074	-5,387	-6,969	-9,667	-3,504	-4,759	-5,765	-7,603	-6,014	-3,487	-3,352	-5,173	-752	784	-424	-1,502	2,074	4,129	2,236	2,407	4,040	2,981	2,427	1,729	2,622	2,389
Interest expense and amortization of debt discount
2,349	-	2,191	-	2,395	-	8	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income and other expense, net
254	2,572	388	-1,662	719	656	-14	-50	-79	160	-84	-46	4	-160	-117	-152	-30	-16	-49	19	-20	-53	11	-18	19	-33	-2	25	47	-27	33	81	56	116	13	-239	-66	-75	68
Loss before income taxes
-4,680	-5,446	40	148	-5,047	-4,893	128	2,526	-2,645	-3,491	-3,073	-7,716	-6,574	-4,234	-5,504	-7,121	-9,697	-3,520	-4,808	-5,746	-7,623	-6,067	-3,476	-3,370	-5,154	-785	782	-399	-1,455	2,047	4,162	2,317	2,463	4,156	2,994	2,188	1,663	2,547	2,457
Income tax expense
45	-282	143	-81	192	-5,351	54	16	128	-2,585	167	141	199	-30	95	124	238	80	115	82	204	322	75	155	148	1,843	258	-173	-467	497	1,101	709	658	2,079	1,194	312	479	319	306
Net loss
-4,725	-5,164	-103	229	-5,239	458	74	2,510	-2,773	-906	-3,240	-7,857	-6,773	-4,204	-5,599	-7,245	-9,935	-3,600	-4,923	-5,828	-7,827	-6,389	-3,551	-3,525	-5,302	-2,628	524	-226	-988	1,550	3,061	1,608	1,805	2,077	1,800	1,876	1,184	2,228	2,151
Net loss attributable to non-controlling interests
-92	8	84	13	-86	42	596	395	456	113	210	160	107	168	110	21	49	54	-104	109	55	135	264	209	146	174	170	173	133	150	284	147	148	222	138	145	137	118	121
Net loss attributable to common stockholders
-4,633	-5,172	-187	216	-5,153	416	-522	2,115	-3,229	-1,019	-3,450	-8,017	-6,880	-	-5,709	-7,266	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,461	1,657	1,855	1,662	1,731	1,047	2,110	2,030
Accretion of convertible preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	438	1,195	1,194	1,315
Net loss attributable to common stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9,984	-	-4,819	-5,937	-7,882	-6,524	-3,815	-3,734	-5,448	-2,802	354	-399	-1,121	-	2,777	-	-	1,855	1,662	1,293	-148	916	715
Net loss per share attributable to common stockholders:
Basic (in dollars per share)
-0.10	-0.11	0.00	0.00	-0.12	0.01	-0.01	0.05	-0.08	-0.02	-0.09	-0.20	-0.18	-0.11	-0.15	-0.19	-0.27	-0.09	-0.13	-0.16	-0.22	-0.19	-0.11	-0.10	-0.15	-0.08	0.01	-0.01	-0.03	0.04	0.08	0.04	0.05	0.11	0.05	0.06	-0.03	0.16	0.12
Diluted (in dollars per share)
-0.10	-0.11	0.00	0.00	-0.12	0.01	-0.01	0.05	-0.08	-0.02	-0.09	-0.20	-0.18	-0.11	-0.15	-0.19	-0.27	-0.09	-0.13	-0.16	-0.22	-0.19	-0.11	-0.10	-0.15	-0.08	0.01	-0.01	-0.03	0.04	0.07	0.04	0.05	0.10	0.05	0.05	-0.03	0.07	0.07
Weighted average shares used in computing net loss per share attributable to common stockholders:
Basic (in shares)
44,272	-131,528	44,136	44,041	43,527	-125,499	42,377	41,961	41,330	-118,174	40,336	39,286	38,712	-113,534	38,189	37,944	37,554	-110,007	37,041	36,724	36,390	36,160	35,881	35,621	35,350	35,452	35,593	35,670	35,597	35,248	35,080	34,799	33,969	33,760	33,139	23,258	5,899	5,835	5,834
Diluted (in shares)
44,272	-131,865	44,136	44,378	43,527	-128,757	42,377	45,219	41,330	-118,174	40,336	39,286	38,712	-113,534	38,189	37,944	37,554	-110,007	37,041	36,724	36,390	36,160	35,881	35,621	35,350	33,916	37,129	35,670	35,597	37,896	37,337	37,403	36,632	40,078	36,678	27,269	5,899	31,408	30,916