2018 Q1 Form 10-K Financial Statement

#000119312518063938 Filed on February 28, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q4 2017 Q3
Revenue $41.19M $40.10M $39.49M
YoY Change 9.64% 3.82% 2.86%
Cost Of Revenue $17.21M $16.32M $16.50M
YoY Change 13.1% 6.32% 19.79%
Gross Profit $23.98M $23.78M $22.98M
YoY Change 7.29% 2.2% -6.62%
Gross Profit Margin 58.22% 59.31% 58.2%
Selling, General & Admin $18.62M $17.39M $20.51M
YoY Change -3.46% -8.14% 11.12%
% of Gross Profit 77.66% 73.12% 89.25%
Research & Development $7.775M $7.560M $7.820M
YoY Change -5.11% -2.58% 1.51%
% of Gross Profit 32.42% 31.79% 34.03%
Depreciation & Amortization $1.644M $1.650M $1.940M
YoY Change -5.19% -13.16% 1.57%
% of Gross Profit 6.85% 6.94% 8.44%
Operating Expenses $26.40M $25.11M $28.33M
YoY Change -3.95% -6.86% 8.29%
Operating Profit -$2.416M -$1.331M -$5.349M
YoY Change -52.92% -63.87% 244.65%
Interest Expense $50.00K $30.00K $20.00K
YoY Change 150.0% 200.0% 100.0%
% of Operating Profit
Other Income/Expense, Net $271.0K $0.00 $71.00K
YoY Change 96.38% -100.0% -1520.0%
Pretax Income -$2.145M -$1.310M -$5.278M
YoY Change -57.05% -68.51% 238.99%
Income Tax $112.0K $70.00K $118.0K
% Of Pretax Income
Net Earnings -$2.257M -$1.372M -$5.396M
YoY Change -55.51% -68.55% 233.5%
Net Earnings / Revenue -5.48% -3.42% -13.67%
Basic Earnings Per Share -$0.04 -$0.16
Diluted Earnings Per Share -$64.72K -$0.04 -$0.16
COMMON SHARES
Basic Shares Outstanding 34.95M shares 34.63M shares 34.35M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q1 2017 Q4 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $26.40M $26.10M $22.10M
YoY Change -9.59% -29.08% -37.22%
Cash & Equivalents $26.13M $26.13M $22.06M
Short-Term Investments
Other Short-Term Assets $7.953M $3.045M $2.938M
YoY Change 165.19% 40.45% 79.8%
Inventory
Prepaid Expenses $5.274M $3.991M $4.174M
Receivables $27.41M $25.24M $26.30M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $67.05M $58.40M $55.46M
YoY Change 12.15% -9.15% -12.93%
LONG-TERM ASSETS
Property, Plant & Equipment $10.08M $9.143M $9.005M
YoY Change 8.74% -1.31% -5.22%
Goodwill $50.78M $50.78M $50.78M
YoY Change 0.0% 0.0% 0.0%
Intangibles $7.562M $8.236M $8.910M
YoY Change -26.29% -24.92% -24.19%
Long-Term Investments
YoY Change
Other Assets $2.141M $969.0K $931.0K
YoY Change 118.47% -3.87% -2.62%
Total Long-Term Assets $70.66M $69.21M $69.75M
YoY Change -1.06% -4.06% -4.81%
TOTAL ASSETS
Total Short-Term Assets $67.05M $58.40M $55.46M
Total Long-Term Assets $70.66M $69.21M $69.75M
Total Assets $137.7M $127.6M $125.2M
YoY Change 4.96% -6.46% -8.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.866M $6.142M $6.635M
YoY Change -2.46% 15.3% 81.33%
Accrued Expenses $14.48M $13.62M $13.32M
YoY Change 21.11% -13.27% -7.67%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $100.0K
YoY Change -100.0% -100.0% -66.67%
Long-Term Debt Due $100.0K $200.0K $300.0K
YoY Change -75.0% -60.0% -50.0%
Total Short-Term Liabilities $63.67M $59.39M $57.77M
YoY Change 16.7% 5.12% 7.72%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.134M $1.228M $1.253M
YoY Change -23.94% -25.3% -38.37%
Total Long-Term Liabilities $1.134M $1.228M $1.253M
YoY Change -23.94% -25.3% -38.37%
TOTAL LIABILITIES
Total Short-Term Liabilities $63.67M $59.39M $57.77M
Total Long-Term Liabilities $1.134M $1.228M $1.253M
Total Liabilities $64.95M $60.86M $59.19M
YoY Change 15.76% 4.52% 6.32%
SHAREHOLDERS EQUITY
Retained Earnings -$167.0M -$170.3M -$168.9M
YoY Change 7.12% 13.09% 15.53%
Common Stock $35.00K $35.00K $35.00K
YoY Change 2.94% 2.94% 2.94%
Preferred Stock
YoY Change
Treasury Stock (at cost) $871.0K $871.0K $871.0K
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares 135.0K shares 135.0K shares 135.0K shares
Shareholders Equity $66.76M $66.76M $66.02M
YoY Change
Total Liabilities & Shareholders Equity $137.7M $127.6M $125.2M
YoY Change 4.96% -6.46% -8.59%

Cashflow Statement

Concept 2018 Q1 2017 Q4 2017 Q3
OPERATING ACTIVITIES
Net Income -$2.257M -$1.372M -$5.396M
YoY Change -55.51% -68.55% 233.5%
Depreciation, Depletion And Amortization $1.644M $1.650M $1.940M
YoY Change -5.19% -13.16% 1.57%
Cash From Operating Activities $935.0K $5.210M -$4.940M
YoY Change -114.17% 51.01% -288.55%
INVESTING ACTIVITIES
Capital Expenditures $538.0K -$1.030M -$1.280M
YoY Change 42.33% -2.83% -10.49%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities -$1.539M -$1.030M -$1.280M
YoY Change 57.04% 19.77% -10.49%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 544.0K -130.0K -140.0K
YoY Change -287.59% -51.85% -103.68%
NET CHANGE
Cash From Operating Activities 935.0K 5.210M -4.940M
Cash From Investing Activities -1.539M -1.030M -1.280M
Cash From Financing Activities 544.0K -130.0K -140.0K
Net Change In Cash -60.00K 4.050M -6.360M
YoY Change -99.24% 74.57% -227.45%
FREE CASH FLOW
Cash From Operating Activities $935.0K $5.210M -$4.940M
Capital Expenditures $538.0K -$1.030M -$1.280M
Free Cash Flow $397.0K $6.240M -$3.660M
YoY Change -105.69% 38.36% -190.37%

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<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b><font style="WHITE-SPACE: nowrap">Off-Balance</font> Sheet Risk and Concentration of Credit Risk</b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> The Company has no significant <font style="WHITE-SPACE: nowrap">off-balance</font> sheet risk, such as foreign exchange contracts, option contracts, or other foreign hedging arrangements. Financial instruments that potentially expose the Company to concentrations of credit risk consist primarily of cash, cash equivalents and trade accounts receivable. The Company maintains its cash and cash equivalents principally with accredited financial institutions of high credit standing. Although the Company deposits its cash with multiple financial institutions, its deposits, at times, may exceed federally insured limits. The Company routinely assesses the creditworthiness of its customers. The Company generally has not experienced any material losses related to receivables from individual customers, or groups of customers. The Company does not require collateral. Due to these factors, no additional credit risk beyond amounts provided for collection losses is believed by management to be probable in the Company&#x2019;s accounts receivable.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> For the years ended December&#xA0;31, 2017, 2016 and 2015, no individual customer accounted for more than 10% of total revenue.</p> <p style="MARGIN-BOTTOM: 0px; FONT-SIZE: 1px; MARGIN-TOP: 12px"> &#xA0;</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt; TEXT-INDENT: 4%"> As of December&#xA0;31, 2017 and 2016, no individual customer accounted for more than 10% of net accounts receivable.</p> </div>
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If the outstanding principal during any month is at least $15.0 million, the Company must also maintain a minimum net income threshold based on non-GAAP operating measures.
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BRIGHTCOVE INC
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CY2017 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b>Use of Estimates and Uncertainties</b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts expensed during the reporting period.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> Significant estimates relied upon in preparing these consolidated financial statements include revenue recognition and revenue reserves, allowances for doubtful accounts, contingent liabilities, the expensing and capitalization of research and development costs for <font style="WHITE-SPACE: nowrap">internal-use</font> software, intangible asset valuations, amortization periods, expected future cash flows used to evaluate the recoverability of long-lived assets, the determination of the fair value of stock awards issued, stock-based compensation expense, and the recoverability of the Company&#x2019;s net deferred tax assets and related valuation allowance.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> Although the Company regularly assesses these estimates, actual results could differ materially from these estimates. Changes in estimates are recorded in the period in which they become known. The Company bases its estimates on historical experience and various other assumptions that it believes to be reasonable under the circumstances. Actual results may differ from management&#x2019;s estimates if these results differ from historical experience, or other assumptions do not turn out to be substantially accurate, even if such assumptions are reasonable when made.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> The Company is subject to a number of risks and uncertainties common to companies in similar industries and stages of development including, but not limited to, rapid technological changes, competition from substitute products and services from larger companies, customer concentration, management of international activities, protection of proprietary rights, patent litigation, and dependence on key individuals.</p> </div>
CY2017 bcov Capitalization Of Stock Based Compensation Related To Software For Internal Use
CapitalizationOfStockBasedCompensationRelatedToSoftwareForInternalUse
221000
CY2017 bcov Unpaid Internal Use Software Costs
UnpaidInternalUseSoftwareCosts
28000
CY2017 bcov Operating Leases Renewal Option Description
OperatingLeasesRenewalOptionDescription
The Company's primary office lease has the option to renew the lease for two successive periods of five years each.
CY2017 bcov Number Of Wholly Owned Subsidiaries
NumberOfWhollyOwnedSubsidiaries
9 Subsidiaries
CY2017 bcov Number Of Share Based Compensation Plans
NumberOfShareBasedCompensationPlans
4 Plans
CY2017 bcov Percentage Of Revenue
PercentageOfRevenue
0.10 pure
CY2017 bcov Percentage Of Revenue For Identifying Major Customers
PercentageOfRevenueForIdentifyingMajorCustomers
0.10 pure
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
18685 shares
CY2012 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
15781 shares
CY2012 bcov Restricted Stock Units Granted To Employees That Joined Company In Connection With Acquisition
RestrictedStockUnitsGrantedToEmployeesThatJoinedCompanyInConnectionWithAcquisition
77100 shares
CY2016 us-gaap Advertising Expense
AdvertisingExpense
2137000
CY2016 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
408000
CY2016 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6181000
CY2016 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3116000
CY2016 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
21000
CY2016 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
83000
CY2016 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
690000
CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
9176000
CY2016 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-10270000
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0
CY2016 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
424000
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
457000
CY2016 us-gaap Cost Of Revenue
CostOfRevenue
55847000
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
33000
CY2016 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-47000
CY2016 us-gaap Cost Of Goods Sold Subscription
CostOfGoodsSoldSubscription
48011000
CY2016 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
336000
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-47000
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0
CY2016 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7796000
CY2016 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.30
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.043 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.340 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.408 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
-0.067 pure
CY2016 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-241000
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.061 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.001 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.011 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
-0.117 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.004 pure
CY2016 us-gaap Gross Profit
GrossProfit
94419000
CY2016 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-155000
CY2016 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
19167000
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-10756000
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-9576000
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
1180000
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
351000
CY2016 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
47000
CY2016 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
4764000
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
559000
CY2016 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
3172000
CY2016 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
299000
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
410000
CY2016 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
733000
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
-8978000
CY2016 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-598000
CY2016 us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
219000
CY2016 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
894000
CY2016 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-201000
CY2016 us-gaap Interest Expense
InterestExpense
63000
CY2016 us-gaap Interest Income Other
InterestIncomeOther
99000
CY2016 us-gaap Interest Paid
InterestPaid
63000
CY2016 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
6334000
CY2016 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-5293000
CY2016 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
11077000
CY2016 us-gaap Operating Expenses
OperatingExpenses
103397000
CY2016 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
3633000
CY2016 us-gaap Net Income Loss
NetIncomeLoss
-9986000
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-284000
CY2016 us-gaap Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
7836000
CY2016 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
8244000
CY2016 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-634000
CY2016 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
405000
CY2016 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
300000
CY2016 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
3887000
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1307000
CY2016 us-gaap Profit Loss
ProfitLoss
-9986000
CY2016 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
4555000
CY2016 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
604000
CY2016 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
230000
CY2016 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
850000
CY2016 us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
271000
CY2016 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
30171000
CY2016 us-gaap Revenues
Revenues
150266000
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
6012000
CY2016 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
0 shares
CY2016 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
54038000
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
4.01
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
5159000
CY2016 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
0
CY2016 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
4555000
CY2016 us-gaap Subscription Revenue
SubscriptionRevenue
142022000
CY2016 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
33189000 shares
CY2016 bcov Capitalization Of Stock Based Compensation Related To Software For Internal Use
CapitalizationOfStockBasedCompensationRelatedToSoftwareForInternalUse
169000
CY2016 bcov Unpaid Internal Use Software Costs
UnpaidInternalUseSoftwareCosts
20000
CY2016 bcov Depreciation And Amortization Including Internal Use Software Development Costs
DepreciationAndAmortizationIncludingInternalUseSoftwareDevelopmentCosts
4860000
CY2017Q1 us-gaap Gross Profit
GrossProfit
22354000
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
-5073000
CY2016 bcov Percentage Of Revenue For Identifying Major Customers
PercentageOfRevenueForIdentifyingMajorCustomers
0.10 pure
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
28028 shares
CY2016Q3 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
20528 shares
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.15
CY2016 bcov Percentage Of Revenue
PercentageOfRevenue
0.10 pure
CY2016 bcov Estimated Forfeiture Rate
EstimatedForfeitureRate
0.17 pure
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-5132000
CY2017Q1 us-gaap Revenues
Revenues
37572000
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.15
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
CY2016Q1 us-gaap Gross Profit
GrossProfit
23028000
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
-1607000
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-1531000
CY2016Q1 us-gaap Revenues
Revenues
36292000
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.07
CY2016Q2 us-gaap Gross Profit
GrossProfit
23507000
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
-2398000
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-2211000
CY2016Q2 us-gaap Revenues
Revenues
36960000
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.22
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.22
CY2017Q2 us-gaap Gross Profit
GrossProfit
22175000
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
-7678000
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-7884000
CY2017Q2 us-gaap Revenues
Revenues
38753000
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
CY2016Q3 us-gaap Gross Profit
GrossProfit
24612000
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
-1618000
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-1552000
CY2016Q3 us-gaap Revenues
Revenues
38389000
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.16
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.16
CY2017Q3 us-gaap Gross Profit
GrossProfit
22983000
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
-5396000
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-5349000
CY2017Q3 us-gaap Revenues
Revenues
39487000
CY2016Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.13
CY2016Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.13
CY2016Q4 us-gaap Gross Profit
GrossProfit
23272000
CY2016Q4 us-gaap Net Income Loss
NetIncomeLoss
-4363000
CY2016Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-3684000
CY2016Q4 us-gaap Revenues
Revenues
38625000
CY2017Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2017Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
CY2017Q4 us-gaap Gross Profit
GrossProfit
23783000
CY2017Q4 us-gaap Net Income Loss
NetIncomeLoss
-1372000
CY2017Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-1331000
CY2017Q4 us-gaap Revenues
Revenues
40101000

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