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SONIC FOUNDRY INC (SOFO)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Mar-31-23Dec-31-22Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21
   10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K
Revenue:          
Revenue  5.85.75.06.56.57.27.38.6
            Revenue growth  -10.6%-20.8%-30.9%-24.6%-25.4%-16.9%-20.9%-15.0%
Cost of revenue:          
Cost of revenue  2.52.52.02.61.92.12.12.7
    Gross margin  3.33.33.03.94.65.25.15.9
            Gross margin  57.2%57.1%60.7%60.6%70.5%71.3%71.0%68.9%
   
Operating expenses:          
Selling and marketing  2.62.72.93.12.93.23.13.2
General and administrative  1.11.01.61.41.41.31.81.5
Product development  3.12.42.81.91.91.91.81.9
Impairment of capitalized software development  3.8       
    Total operating expenses  10.56.17.36.46.26.46.76.6
    Loss from operations  -7.2-2.8-4.3-2.5-1.7-1.3-1.5-0.6
            Operating margin  -125.2%-48.5%-85.6%-38.2%-25.8%-17.3%-20.9%-7.5%
   
Non-operating income (expenses):          
Interest expense, net  -0.5-0.5-0.10.00.00.00.00.0
Other income (expense), net  -0.20.00.2-0.2-0.20.00.00.0
    Total non-operating income (expense)  -0.6-0.50.2-0.2-0.20.00.00.0
    Loss before income taxes  -7.9-3.3-4.3-2.7-1.8-1.3-1.5-0.6
Income tax benefit (expense)  0.0-0.1-0.10.00.3-0.10.00.2
    Net loss  -7.9-3.4-4.4-2.7-1.5-1.3-1.5-0.5
   
Loss per common share          
– basic (in dollars per share)  ($0.65)($0.28)($0.38)($0.26)($0.14)($0.15)($0.17)($0.07)
– diluted (in dollars per share)  ($0.65)($0.28)($0.38)($0.26)($0.14)($0.15)($0.17)($0.06)
   
Weighted average common shares          
– basic (in shares)  12.112.111.59.910.59.19.18.2
– diluted (in shares)  12.112.111.59.910.59.19.18.7

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