ZYNEX INC ZYXI Income Statement

Zynex inc (ZYXI)

Income statement / TTM

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
NET REVENUE
Total net revenue
51,504	45,472	40,647	36,961	34,237	31,917	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rental
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,480	2,246	1,711	1,783	2,191	2,377	3,272	4,326	5,270	6,743	7,740	8,534	8,917	9,295	9,496	9,506	9,892	9,409	9,262	0	0	0
Devices
-	-	-	-	-	-	-	-	-	-	-	-	7,833	9,032	8,206	7,796	8,252	7,989	6,793	9,065	7,269	7,381	9,896	9,788	12,857	16,414	22,182	26,096	29,856	30,749	29,470	28,594	26,953	24,256	21,703	18,165	0	0	0
Supplies
-	-	-	-	-	-	-	-	-	-	-	-	5,439	4,281	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Net revenue
-	-	-	-	-	-	-	-	-	-	-	-	13,272	13,313	13,108	12,148	11,935	11,641	11,120	12,857	11,133	11,117	12,273	13,060	17,183	21,684	28,925	33,836	38,390	39,666	38,765	38,090	36,459	34,148	31,112	27,427	0	0	0
COSTS OF REVENUE AND OPERATING EXPENSES
Costs of revenue - devices and supplies
10,431	8,814	7,824	7,204	6,586	6,038	5,736	5,442	5,132	4,819	4,003	3,536	3,457	3,517	4,380	4,450	4,675	4,937	0	0	0	-	-	-	-	-	-	-	9,148	8,770	8,080	7,799	7,740	7,371	6,532	5,819	0	0	0
Sales and marketing
16,752	14,016	11,648	9,293	7,669	6,503	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative
13,053	11,576	10,959	9,923	9,310	9,006	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenue - rental
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	832	1,058	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Rental
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,326	1,283	1,461	1,647	1,766	1,842	1,360	1,153	0	0	0
Cost of revenue - sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,079	5,157	5,739	6,767	7,146	7,794	7,822	7,487	6,619	6,152	5,974	5,529	5,172	4,666	0	0	0
Cost of revenue noncore inventory write-off
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross profit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	29,242	30,896	30,685	30,291	28,719	26,777	24,580	21,608	0	0	0
Selling, general and administrative expense
-	-	-	-	-	-	-	-	-	9,669	8,348	7,935	8,342	9,156	9,726	9,544	9,319	9,185	9,308	9,974	10,651	11,397	13,451	15,555	18,761	21,144	23,737	26,198	27,353	28,159	27,317	26,532	24,993	23,676	22,092	20,093	0	0	0
Total costs of revenue and operating expenses
40,236	34,406	30,431	26,420	23,565	21,547	19,633	18,207	16,457	14,488	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from operations
11,268	11,066	10,216	10,541	10,672	10,370	11,081	11,196	10,415	8,944	5,870	3,557	1,473	640	-998	-1,846	-2,059	-2,481	-760	-122	-5,183	-5,697	-9,904	-11,384	-8,524	-7,600	-3,387	-1,607	1,889	2,737	3,368	3,759	3,726	3,101	2,488	1,515	0	0	0
Other income/ (expense)
Deferred insurance reimbursement
0	-880	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income/ (expense)
0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense and loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Other expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	0	0	-	-	-	0	-	-	0
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0
Interest expense
-	-	-	2	-	-	-	1,087	1,444	1,450	1,297	696	379	352	396	404	465	503	433	504	510	536	598	565	635	607	622	605	472	435	528	496	495	460	0	0	0	-	-
Other income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Other income/ (expense), net
-9	875	880	878	841	-154	0	0	0	-	0	0	-	-556	-403	-411	-472	-510	-512	-549	0	-	0	0	-	-530	-497	-486	-438	-401	-393	-345	0	-	0	0	-	0	0
Income from operations before income taxes
11,259	11,941	11,096	11,419	11,513	10,216	10,684	10,109	8,971	7,494	4,369	2,657	890	84	-1,401	-2,257	-2,531	-2,991	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax (benefit)/ expense
1,180	2,449	1,965	1,693	1,531	664	447	263	39	129	104	60	24	15	-57	-57	-57	-57	0	0	0	-	-	-	-	-790	-1,495	-811	533	788	1,077	1,273	1,240	1,080	890	517	0	0	0
Income (loss) before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-10,469	-11,941	-9,082	-8,130	-3,884	-2,093	1,451	2,336	2,827	3,256	3,234	2,644	2,223	1,289	0	0	0
Net Income
-	-	-	-	-	-	-	-	-	7,365	4,265	2,597	866	69	-1,344	-2,200	-2,474	-2,934	-1,225	-633	-5,691	-6,231	-11,289	-12,306	-8,474	-7,340	-2,389	-1,282	918	1,548	0	0	0	-	-	-	-	-	-
Plus: Net income - noncontrolling interest
-	-	-	-	-	-	-	-	-	0	0	0	0	0	-5	-7	-15	-23	-40	-28	-26	-32	-21	-42	-47	-39	0	0	0	-	-	-	-	-	-	-	-	-	-
Net income
10,079	9,492	9,168	9,726	9,982	9,552	10,237	9,846	8,932	7,365	4,265	2,597	866	69	-1,339	-2,193	-2,459	-2,911	-1,185	-605	-5,665	-6,199	-11,268	-12,264	-8,427	-7,301	-2,356	-1,260	929	1,553	1,750	1,983	1,994	1,564	1,333	772	0	0	0
Net income per share:
Basic
0.09	0.09	0.06	0.07	0.07	0.08	0.08	0.07	0.06	0.10	0.07	0.05	0.01	0.00	0.02	-0.01	-0.01	-0.03	-0.01	-0.02	-0.03	0.02	0.01	-0.18	-0.05	-0.14	-0.02	-0.06	-0.01	0.01	0.01	0.02	0.01	-	0.02	0.02	-	0.01	0.00
Diluted
0.09	0.09	0.06	0.06	0.07	0.07	0.08	0.07	0.06	0.09	0.07	0.05	0.01	0.00	0.02	-0.01	-0.01	-0.03	-0.01	-0.02	-0.03	0.02	0.01	-0.18	-0.05	-0.14	-0.02	-0.06	-0.01	0.01	0.01	0.02	0.01	-	0.02	0.02	-	0.01	0.00
Basic and diluted net income (loss) per share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-	-
Weighted average basic shares outstanding
32,913	32,707	32,490	32,326	32,233	32,270	32,521	32,620	32,601	32,831	32,327	32,048	31,418	31,270	31,271	31,271	31,271	31,271	31,271	31,271	31,271	31,272	31,215	31,171	31,171	31,163	31,148	31,148	31,148	31,145	31,130	31,091	30,881	30,818	30,794	30,756	30,631	30,569	30,513
Weighted average diluted shares outstanding
34,204	34,102	34,076	33,953	33,721	33,658	33,931	34,169	34,414	33,941	33,545	33,262	32,036	31,100	31,441	31,271	31,271	31,271	31,271	31,271	31,271	31,272	31,215	31,171	31,171	31,163	31,148	31,148	31,148	31,285	31,316	31,249	31,037	31,243	31,013	31,025	30,631	30,667	30,702
Devices [Member]
Total net revenue
12,182	10,713	8,674	7,824	7,209	6,822	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplies [Member]
Total net revenue
39,322	34,759	31,973	29,137	27,028	25,095	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-