Zix corp (ZIXI)
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

52,434

50,379

47,833

45,916

29,300

18,448

17,876

17,500

16,654

-

16,592

16,378

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenues

-

-

-

-

-

-

-

-

-

-

-

-

15,893

-

15,308

14,930

14,328

14,327

14,011

13,302

13,073

12,865

12,705

12,615

12,162

12,311

12,225

11,838

11,764

11,689

11,023

10,343

10,301

9,885

9,558

9,431

9,271

8,548

8,194

Cost of revenue

26,079

24,043

21,422

20,304

11,139

3,996

3,870

3,806

3,514

3,260

3,272

3,247

2,823

2,709

2,652

2,635

2,537

2,522

2,429

2,429

2,213

2,205

2,062

2,032

2,025

1,871

1,904

1,903

1,936

2,055

1,887

1,812

1,855

1,849

1,789

1,756

1,817

1,662

1,570

Gross margin

26,355

26,336

26,411

25,612

18,161

14,452

14,006

13,694

13,140

13,540

13,320

13,131

13,070

12,869

12,656

12,295

11,791

11,805

11,582

10,873

10,860

10,660

10,643

10,583

10,137

10,440

10,321

9,935

9,828

9,634

9,136

8,531

8,446

8,036

7,769

7,675

7,454

6,886

6,624

Operating expenses:
Research and development

5,386

5,383

5,590

5,311

4,147

2,604

2,764

2,978

2,977

2,933

2,916

2,708

2,423

2,434

2,619

2,321

2,179

2,074

2,044

2,094

2,105

2,398

2,234

2,218

2,201

2,119

2,345

2,488

2,611

2,431

2,046

1,465

1,477

1,281

1,343

1,292

1,313

1,261

1,248

Selling, general and administrative

20,029

23,502

19,592

21,872

20,264

9,858

8,025

8,562

7,554

8,589

7,514

7,783

7,985

7,086

7,484

9,028

7,144

8,506

6,420

7,046

6,915

6,611

6,544

6,778

6,289

4,839

4,659

5,532

6,616

5,665

5,020

4,370

4,330

3,818

3,754

3,796

3,760

4,026

3,988

Total operating expenses

25,415

-

25,182

27,183

24,411

-

10,789

11,540

10,531

-

10,430

10,491

10,408

-

10,103

11,349

9,323

-

8,464

9,140

9,020

-

8,778

8,996

8,490

-

7,004

8,020

9,227

-

7,066

5,835

5,807

-

5,097

5,088

5,073

5,287

5,236

Operating income (loss)

940

-2,549

1,229

-1,571

-6,250

1,990

3,217

2,154

2,609

2,018

2,890

2,640

2,662

3,349

2,553

946

2,468

1,225

3,118

1,733

1,840

1,651

1,865

1,587

1,647

3,482

3,317

1,915

601

1,538

2,070

2,696

2,639

2,937

2,672

2,587

2,381

1,599

1,388

Other income (expense):
Investment and other income (expense)

-15

-

-

-

92

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment and other income

-

-

14

9

-

92

183

360

119

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

-2,648

-2,706

-2,973

-3,171

-1,255

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other (expense) income

-2,663

-2,700

-2,959

-3,162

-1,163

92

183

360

119

108

86

66

79

30

74

50

59

82

110

29

23

43

66

12

62

-9

17

64

60

95

6

5

5

9

18

19

42

22

15

Loss before income taxes

-1,723

-5,249

-1,730

-4,733

-7,413

2,082

3,400

2,514

2,728

2,126

2,976

2,706

2,741

3,379

2,627

996

2,527

1,307

3,228

1,762

1,863

-

1,931

1,599

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,709

-

3,334

1,979

661

1,633

2,076

2,701

2,644

2,946

2,690

2,606

2,423

1,621

1,403

Income tax benefit

-870

-2,170

-133

-1,027

-1,148

-7,175

945

674

836

15,003

1,070

1,567

966

1,440

858

437

957

509

1,301

647

687

790

768

622

650

-1,367

159

108

94

-2,358

133

58

218

-12,021

119

-11

24

-50

24

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,671

1,379

Income from discontinued operations before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

150

188

Income tax expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

53

66

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

97

122

Net loss

-853

-3,079

-1,597

-3,706

-6,265

9,257

2,455

1,840

1,892

-12,877

1,906

1,139

1,775

1,939

1,769

559

1,570

798

1,927

1,115

1,176

904

1,163

977

1,059

4,840

3,175

1,871

567

3,991

1,943

2,643

2,426

14,967

2,571

2,617

2,399

1,768

1,501

Deemed and accrued dividends on preferred stock

2,229

2,090

2,090

3,371

2,433

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to common stockholders

-3,082

-5,169

-3,687

-7,077

-8,698

9,257

2,455

1,840

1,892

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.03

0.02

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

Basic loss per share attributable to common stockholders

-60.00

169.74

-0.07

-0.13

-170.00

0.16

0.05

0.04

0.04

-0.24

0.04

0.02

0.03

0.04

0.03

0.01

0.03

0.02

0.03

0.02

0.02

0.01

0.02

0.02

0.02

0.08

0.05

0.03

0.01

0.07

0.03

0.04

0.04

0.22

0.04

0.04

0.04

0.03

0.02

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.03

0.02

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

Diluted loss per common share attributable to common stockholders

-60.00

169.74

-0.07

-0.13

-170.00

0.17

0.05

0.03

0.04

-0.23

0.03

0.02

0.03

0.04

0.03

0.01

0.03

0.02

0.03

0.02

0.02

0.01

0.02

0.02

0.02

0.08

0.05

0.03

0.01

0.06

0.03

0.04

0.04

0.23

0.04

0.04

0.03

0.03

0.02

Basic weighted average common shares outstanding

53,496

53,210

53,148

53,028

52,713

52,529

52,494

52,467

52,875

53,402

53,786

53,573

52,959

52,792

52,717

53,766

56,002

55,527

56,517

57,146

56,496

56,244

57,610

58,565

59,375

61,042

61,378

61,158

60,977

63,822

60,896

61,103

63,022

65,223

64,140

65,208

67,182

64,148

63,976

Diluted weighted average common shares outstanding

53,496

53,210

53,148

53,028

52,713

53,752

53,474

53,217

53,481

50,943

54,631

54,479

53,666

53,467

53,262

54,270

56,581

56,544

57,590

58,373

57,395

57,006

58,501

59,466

60,891

62,556

63,065

62,451

62,032

64,542

61,472

61,721

63,764

65,830

65,927

67,280

70,006

66,636

66,359

Other comprehensive loss, net of tax
Foreign currency translation adjustments

-905

268

35

-56

-32

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive loss

-1,758

-2,811

-1,562

-3,762

-6,297

9,241

2,455

1,840

1,892

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-