Income Statement Balance Sheet Cash Flow Statement
Annual Financials for iPass Inc.
Fiscal year is January-December. All values USD millions. 2009 2010 2011 2012 2013 5-year trend
Sales/Revenue 172.28M 156.08M 140.76M 126.08M 111.12M
Cost of Goods Sold (COGS) incl. D&A 104.76M 100.22M 88.31M 74.62M 68.69M
COGS excluding D&A 98.82M 96.44M 85.81M 72.34M 65.91M
Depreciation & Amortization Expense 5.94M 3.78M 2.5M 2.28M 2.78M
Depreciation 4.56M 3.35M 2.26M 2.11M 2.78M
Amortization of Intangibles 1.38M 428,000 239,000 169,000 0
Gross Income 67.52M 55.86M 52.45M 51.46M 42.43M
2009 2010 2011 2012 2013 5-year trend
SG&A Expense 72.67M 58.48M 55.08M 54.92M 52.97M
Research & Development 14.36M 13.79M 14.37M 13.73M 13.32M
Other SG&A 58.31M 44.68M 40.71M 41.18M 39.66M
Other Operating Expense 0 0 0 0 0
Unusual Expense 9.05M 887,000 (151,000) 26,000 1.85M
EBIT after Unusual Expense (9.05M) (887,000) 151,000 (26,000) (1.85M)
Non Operating Income/Expense (581,000) 129,000 (351,000) (276,000) 657,000
Non-Operating Interest Income 613,000 83,000 112,000 19,000 0
Equity in Affiliates (Pretax) 0 0 0 - 0
Interest Expense 0 0 0 0 0
Gross Interest Expense 0 0 0 0 0
Interest Capitalized 0 0 0 0 0
Pretax Income (14.17M) (3.29M) (2.72M) (3.74M) (11.74M)
Income Tax (674,000) (192,000) 290,000 642,000 569,000
Income Tax - Current Domestic (1.09M) (258,000) 55,000 30,000 32,000
Income Tax - Current Foreign 496,000 272,000 361,000 495,000 334,000
Income Tax - Deferred Domestic 0 0 0 0 0
Income Tax - Deferred Foreign (83,000) (206,000) (126,000) 117,000 203,000
Income Tax Credits 0 0 0 0 0
Equity in Affiliates 0 0 0 0 0
Other After Tax Income (Expense) 0 0 0 0 0
Consolidated Net Income (13.49M) (3.1M) (3.01M) (4.38M) (12.31M)
Minority Interest Expense 0 0 0 0 0
Net Income (13.49M) (3.1M) (3.01M) (4.38M) (12.31M)
Extraordinaries & Discontinued Operations 0 0 0 0 0
Extra Items & Gain/Loss Sale Of Assets 0 0 0 0 0
Cumulative Effect - Accounting Chg 0 0 0 0 0
Discontinued Operations 0 0 0 0 0
Net Income After Extraordinaries (13.49M) (3.1M) (3.01M) (4.38M) (12.31M)
Preferred Dividends 0 0 0 0 0
Net Income Available to Common (13.49M) (3.1M) (3.01M) (4.38M) (12.31M)
EPS (Basic) (0.22) (0.05) (0.05) (0.07) (0.19)
Basic Shares Outstanding 62.03M 58.69M 58.43M 60.71M 63.41M
EPS (Diluted) (0.22) (0.05) (0.05) (0.07) (0.19)
Diluted Shares Outstanding 62.03M 58.69M 58.43M 60.71M 63.41M
EBITDA 791,000 1.16M (132,000) (1.17M) (7.77M)
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