|
Three Months Ended March 31,
|
|
|
2016
|
2015
|
|
|
|
Revenues
|
$ 6,482
|
$ 5,679
|
Cost of revenues
|
4,403
|
3,928
|
Gross profit
|
2,079 |
1,751
|
Gross profit margin
|
32%
|
31%
|
Operating expenses:
|
|
|
Research and development
|
700
|
743
|
% of sales
|
11%
|
13%
|
Selling and marketing
|
358
|
469
|
% of sales
|
6%
|
8%
|
General and administrative
|
1,136
|
1,111
|
% of sales
|
18%
|
20%
|
Amortization of intangible assets
|
228
|
302
|
Total operating expenses
|
2,422
|
2,625
|
% of sales
|
37%
|
46%
|
|
|
|
Net income (loss) attributable to MICT
|
(339)
|
(705)
|
Basic and diluted income (loss) per share
|
(0.06)
|
(0.12)
|
Weighted average common shares outstanding:
|
5,865,221
|
5,856,246
|
Three Months Ended
March 31,
|
|||||
2016
|
2015
|
||||
GAAP net income (loss) attributed to MICT
|
|
(339)
|
|
(705)
|
|
Total amortization of acquired intangible assets
|
|
143
|
|
189
|
|
Stock-based compensation
|
|
82
|
|
69
|
|
Income tax-effect of above non-GAAP adjustments
|
|
(2)
|
|
(9)
|
|
Total non-GAAP net income (loss) attributed to
MICT |
|
(116)
|
|
(456)
|
|
Non-GAAP net income (loss) per diluted share
|
|
(0.02)
|
|
(0.08)
|
|
Shares used in per share calculations
|
|
5,865,221
|
|
5,856,246
|
|
GAAP net income (loss) per diluted share
attributable to Micronet Enertec Technologies, Inc. |
|
(0.06)
|
|
(0.12)
|
|
Shares used in per share calculations
|
|
5,865,221
|
|
5,856,246
|
|