XML 17 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]        
Revenue $ 927 $ 4 $ 927 $ 324
Cost of revenue 632 4 632 281
Gross profit 295 0 295 43
Operating expenses:        
Selling, general and administrative 1,671 2,012 3,957 3,972
Research and development 1,326 984 2,590 1,676
Total operating expenses 2,997 2,996 6,547 5,648
Loss from operations (2,702) (2,996) (6,252) (5,605)
Interest and other expense, net 94 24 193 36
Loss from continuing operations before income taxes (2,608) (2,972) (6,059) (5,569)
Income tax benefit (expense) 0 734 (2) 2,059
Loss from continuing operations (2,608) (2,238) (6,061) (3,510)
Discontinued operations (Note 3)        
Income from discontinued operations 0 0 0 1,303
Income tax expense 0 (184) 0 (2,562)
Gain on sale of discontinued operations 0 0 0 25,630
(Loss) income from discontinued operations 0 (184) 0 24,371
Net (loss) income (2,608) (2,422) (6,061) 20,861
Less: Net loss attributable to noncontrolling interest (82) 0 (171) 0
Net (loss) income attributable to Astrotech Corporation (2,526) (2,422) (5,890) 20,861
Less: Deemed dividend to State of Texas 0 0 0 (531)
Net (loss) income attributable to common stockholders (2,526) (2,422) (5,890) 20,330
Amounts attributable to Astrotech Corporation:        
Loss from continuing operations, net of tax (2,526) (2,238) (5,890) (3,510)
(Loss) income from discontinued operations, net of tax 0 (184) 0 24,371
Net (loss) income attributable to Astrotech Corporation $ (2,526) $ (2,422) $ (5,890) $ 20,861
Weighted average common shares outstanding:        
Basic and diluted (in shares) 20,701 19,637 20,703 19,593
Basic and diluted net (loss) income per common share:        
Net loss attributable to Astrotech Corporation from continuing operations (in dollars per share) $ (0.12) $ (0.11) $ (0.28) $ (0.20)
Net income from discontinued operations (in dollars per share) 0.00 (0.01) 0.00 1.24
Net (loss) income attributable to Astrotech Corporation (in dollars per share) $ (0.12) $ (0.12) $ (0.28) $ 1.04
Other Comprehensive Income (Loss), Net of Tax [Abstract]        
Net unrealized loss, net of tax benefit of $40, $0, $73, and $0 $ (74) $ 0 $ (135) $ 0
Reclassification adjustment for realized losses included in net (loss) income, net of taxes of $2, $0, $5, and $0 5 0 9 0
Total comprehensive (loss) income $ (2,595) $ (2,422) $ (6,016) $ 20,861