Smith Micro Software, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $23.0M | $28.2M | $39.5M | $37.0M | $42.7M | $43.3M | $57.8M | $130.5M |
| Cost of Revenue | $5.1M | $7.6M | $8.2M | $9.3M | $9.7M | $8.4M | $13.8M | $15.5M |
| Gross Profit | $17.9M | $20.7M | $31.4M | $27.7M | $33.0M | $34.9M | $44.0M | $115.0M |
| Gross Margin | 77.9% | 73.2% | 79.4% | 74.8% | 77.3% | 80.5% | 76.2% | 88.1% |
| Operating Expenses | ||||||||
| Research & Development | $9.0M | $15.9M | $13.9M | $14.2M | $21.3M | $24.8M | $41.7M | $42.8M |
| SG&A Expense | $8.6M | $10.3M | $11.1M | $13.2M | $18.2M | $20.2M | $25.3M | $24.1M |
| Operating Income | $-5.7M | $-15.9M | $-2.5M | $-11.7M | $-27.8M | $-27.0M | $-165.7M | $18.4M |
| Operating Margin | -24.7% | -56.3% | -6.4% | -31.8% | -65.2% | -62.3% | -286.8% | 14.1% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-7.2M | $-15.6M | $-2.5M | $-11.8M | $-27.8M | $-25.7M | $-165.5M | $18.5M |
| Income Tax Expense | $-546.0K | $-229.0K | $68.0K | $49.0K | $153.0K | $-234.0K | $-5.9M | $6.2M |
| Net Income | $-6.7M | $-15.3M | $-2.6M | $-11.8M | $-28.0M | $-25.5M | $-159.6M | $12.3M |
| Net Margin | -29.0% | -54.3% | -6.6% | -31.9% | -65.5% | -58.8% | -276.3% | 9.5% |
| EPS (Basic) | $-0.49 | $-1.28 | $-0.23 | $-1.16 | $-0.76 | $-0.71 | $-4.48 | $0.36 |
| EPS (Diluted) | $-0.49 | $-1.28 | $-0.23 | $-1.16 | $-0.76 | $-0.71 | $-4.48 | $0.36 |
| Shares Outstanding (Basic) | 13.5M | 12.0M | 11.5M | 10.2M | 37.0M | 35.8M | 35.6M | 34.2M |
| Shares Outstanding (Diluted) | 13.5M | 12.0M | 11.5M | 10.2M | 37.0M | 35.8M | 35.6M | 34.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |