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SmartRent, Inc.

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Mar-31-23Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21
   10-Q10-Q10-Q10-Q10-K10-Q10-Q10-Q
Revenue          
Total revenue  53.465.142.437.434.735.121.719.2
            Total revenue growth  25.9%74.2%95.6%95.0%154.9%111.8%274.3% 
Cost of revenue          
Total cost of revenue  43.556.041.442.1 41.9  
   
Operating expense          
Research and development  6.57.28.06.4 6.9  
Sales and marketing  4.85.26.15.24.94.92.41.8
General and administrative  10.612.013.812.0 7.9  
    Total operating expense  22.024.428.023.622.819.710.38.8
    Loss from operations  -12.1-15.3-27.0-28.394.8-26.511.410.4
            Operating margin  -22.6%-23.5%-63.7%-75.8%273.5%-75.5%52.6%54.1%
Interest income, net  1.82.00.30.00.2-0.1  
Other (expense) income  -0.10.10.20.1 -0.1  
    Loss before income taxes  -10.3-13.2-26.6-28.2-26.0-26.6-10.0-9.2
Income tax (expense) benefit  0.00.01.04.80.00.00.00.0
    Net loss  -10.3-13.2-25.6-23.4-26.0-26.7-10.1-9.3
   
Other comprehensive loss          
Foreign currency translation adjustment  0.00.1-0.4-0.2-0.1-0.10.1-0.1
    Comprehensive loss  -10.4-13.1-26.0-23.646.1-26.8  
   
Net loss per common share          
Net loss per common share basic  ($0.05)($0.07)($0.13)($0.12)$0.35($0.31)($4.87)($0.99)
Net loss per common share diluted  ($0.05)($0.07)($0.13)($0.12)$0.35($0.31)($4.87)($0.99)
   
Weighted-average number of shares used in computing net loss per share basic  199.6198.3195.7193.174.785.32.19.4
Weighted-average number of shares used in computing net loss per share diluted  199.6198.3195.7193.1    

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