XML 18 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]    
Net revenue $ 60,794 $ 81,249
Cost of revenue 37,645 47,793
Gross profit 23,149 33,456
Operating expenses:    
Research and development 9,151 6,902
Selling and marketing 20,236 20,635
General and administrative 19,604 12,751
Earn-out consideration   3,510
Impairment of goodwill 8,771  
Restructuring and severance 1,266 3,098
Total operating expenses 59,028 46,896
Loss from operations (35,879) (13,440)
Non-operating income (expense):    
Interest expense, net (1,908) (3,619)
Foreign currency losses, net (1,211) (1,270)
Loss from continuing operations before income taxes and noncontrolling interest (38,998) (18,329)
Income tax provision (222) (95)
Loss from continuing operations before noncontrolling interest (39,220) (18,424)
Income from discontinued operations, net of income taxes   521
Consolidated net loss (39,220) (17,903)
Less: Loss attributable to noncontrolling interest 76 109
Net loss attributable to Identiv, Inc. common stockholders $ (39,144) $ (17,794)
Basic and diluted net income (loss) per share attributable to Identiv, Inc. common stockholders:    
Loss from continuing operations $ (3.62) $ (2.12)
Income from discontinued operations   0.06
Net loss $ (3.62) $ (2.06)
Weighted average shares used to compute basic and diluted loss per share 10,812 8,648