ASURE SOFTWARE INC
For the period ended Dec 31, 2023. Filed Feb 26, 2024.
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FY2023 · Filed Feb 26, 2024
ASUR$10.28-1.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Comprehensive Loss
(in thousands, except per share amounts)
| Year EndedDecember 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Revenue: | ||
| Recurring | $99,734 | $86,222 |
| Professional services, hardware and other | 19,348 | 9,606 |
| Total revenue | 119,082 | 95,828 |
| Cost of sales | 33,545 | 33,318 |
| Gross profit | 85,537 | 62,510 |
| Operating expenses: | ||
| Sales and marketing | 28,734 | 20,260 |
| General and administrative | 39,333 | 33,924 |
| Research and development | 6,846 | 6,147 |
| Amortization of intangible assets | 13,623 | 13,486 |
| Total operating expenses | 88,536 | 73,817 |
| Loss from operations | (2,999) | (11,307) |
| Interest expense, net | (4,297) | (4,438) |
| Loss on extinguishment of debt | (1,517) | — |
| Other (expense) income, net | (292) | 1,391 |
| Loss from operations before income taxes | (9,105) | (14,354) |
| Income tax expense | 109 | 112 |
| Net loss | (9,214) | (14,466) |
| Other comprehensive income (loss): | ||
| Unrealized income (loss) on marketable securities | 1,368 | (2,384) |
| Comprehensive loss | $(7,846) | $(16,850) |
| Basic and diluted loss per share | ||
| Basic | $(0.42) | $(0.72) |
| Diluted | $(0.42) | $(0.72) |
| Weighted average basic and diluted shares | ||
| Basic | 22,138 | 20,117 |
| Diluted | 22,138 | 20,117 |
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