Support.com 2009 Annual Report Download - page 73

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Table of Contents
SUPPORT.COM, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Note 10. Quarterly Financial Information (Unaudited)
Selected quarterly financial information for 2009 and 2008 is as follows:
Fiscal Year 2009 Quarter Ended
Mar. 31,
2009
Jun. 30,
2009
Sept. 30,
2009
Dec. 31,
2009
(in thousands, except per share data)
Statements of Operations Data:
Revenue:
Services $ 3,552 $ 3,374 $ 4,542 $ 5,302
Software and other 62 59 58 546
Total revenue 3,614 3,433 4,600 5,848
Cost of revenue:
Cost of services 4,373 4,283 3,887 4,077
Cost of software and other — — — 59
Total cost of revenue 4,373 4,283 3,887 4,136
Gross profit (loss) (759) (850) 713 1,712
Operating expenses:
Research and development 1,698 1,605 1,306 1,186
Sales and marketing 2,051 2,007 1,604 2,013
General and administrative 3,598 2,980 4,265 3,276
Amortization of intangible assets 42 42 42 51
Total operating expenses 7,389 6,634 7,217 6,526
Loss from operations (8,148) (7,484) (6,504) (4,814)
Interest income and other, net (302) 422 117 191
Loss from continuing operations, before income taxes (8,450) (7,062) (6,387) (4,623)
Income tax provision (benefit) 4 (2,841) (918) (1,186)
Loss from continuing operations, after income taxes (8,454) (4,221) (5,469) (3,437)
Income (loss) from discontinued operations, after income taxes 1,058 6,460 (298) (216)
Net income (loss) $ (7,396) $ 2,239 $ (5,767) $ (3,653)
Basic and diluted earnings per share:
Income (loss) from continuing operations $ (0.18) $ (0.09) $ (0.12) $ (0.07)
Income (loss) from discontinued operations 0.02 0.14 0.00 (0.01)
Basic and diluted net loss per share $ (0.16) $ 0.05 $ (0.12) $ (0.08)
72
Source: Support.com, Inc., 10-K, March 12, 2010 Powered by Morningstar® Document Research℠