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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  23.023.725.227.529.631.833.335.2
            Revenue growth  -22.1%-25.4%-24.1%-21.9%-19.4%-11.6%-7.4%1.2%
Cost of revenue:          
Cost of revenue  9.58.98.58.78.89.510.010.3
    Gross margin  13.614.816.718.820.822.323.324.9
            Gross margin  58.9%62.5%66.2%68.5%70.3%70.1%70.0%70.7%
   
Operating expenses:          
Selling and marketing  11.311.512.112.312.412.412.112.0
General and administrative  5.25.55.85.96.05.75.54.9
Product development  10.19.08.67.57.57.47.37.2
    Total operating expenses  30.426.026.425.725.925.524.824.1
    Loss from operations  -16.8-11.2-9.7-6.9-5.1-3.2-1.50.8
            Operating margin  -72.9%-47.3%-38.5%-25.2%-17.2%-10.1%-4.5%2.3%
   
Non-operating income (expenses):          
Interest expense, net  -1.1-0.7-0.20.00.00.00.0-0.1
Other income (expense), net  -0.1-0.1-0.2-0.4-0.20.00.00.0
    Total non-operating income (expense)  -1.1-0.6-0.2-0.4-0.22.32.32.3
    Loss before income taxes  -18.1-12.0-10.0-7.3-5.3-0.90.83.1
Income tax benefit (expense)  -0.30.00.10.20.50.20.10.0
    Net loss  -18.3-12.0-9.9-7.1-4.8-0.70.93.1
   
Loss per common share          
– basic (in dollars per share)  ($1.57)($1.06)($0.93)($0.72)($0.53)($0.06)$0.12$0.37
– diluted (in dollars per share)  ($1.57)($1.06)($0.93)($0.72)($0.52)($0.07)$0.11$0.36
   
Weighted average common shares          
– basic (in shares)  11.411.010.39.79.28.68.48.1
– diluted (in shares)  11.411.010.39.79.38.88.78.5

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