Sizmek Inc.
CIK:0001591877|SEC Filings
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2016 |
Jun. 30, 2015 |
Jun. 30, 2016 |
Jun. 30, 2015 |
|
| Revenues: | ||||
| Platform solutions | $ 38,007 | $ 35,645 | $ 72,438 | $ 68,537 |
| Programmatic solutions | 10,893 | 4,571 | 16,987 | 8,438 |
| Total | 48,900 | 40,216 | 89,425 | 76,975 |
| Cost of revenues (excluding depreciation and amortization): | ||||
| Platform solutions | 13,398 | 11,175 | 27,063 | 22,010 |
| Programmatic solutions | 7,914 | 3,317 | 12,500 | 6,142 |
| Total | 21,312 | 14,492 | 39,563 | 28,152 |
| Selling and marketing | 14,877 | 15,433 | 29,698 | 29,636 |
| Research and development | 3,103 | 3,674 | 6,313 | 6,577 |
| General and administrative | 5,368 | 4,739 | 10,923 | 9,293 |
| Merger, integration, and other | 2,436 | 1,170 | 5,203 | 2,004 |
| Depreciation and amortization | 3,309 | 7,771 | 6,232 | 15,210 |
| Loss from operations | (1,505) | (7,063) | (8,507) | (13,897) |
| Other (income) expense, net | (977) | 366 | (1,502) | 1,345 |
| Loss before income taxes | (528) | (7,429) | (7,005) | (15,242) |
| Provision for income taxes | 513 | 468 | 988 | 600 |
| Net loss | $ (1,041) | $ (7,897) | $ (7,993) | $ (15,842) |
| Basic and diluted loss per common share | $ (0.04) | $ (0.27) | $ (0.27) | $ (0.53) |
| Weighted average common shares outstanding: | ||||
| Basic and diluted | 29,128 | 29,549 | 29,081 | 29,666 |