Merriman Holdings, Inc.

MERR · OTC
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12/31/2014
12/31/2013
12/31/2012
12/31/2011
Revenue$15,928$10,262$12,919$21,949
% Growth55.2%-20.6%-41.1%
Cost of Goods Sold$660$523$614$0
Gross Profit$15,269$9,739$12,305$21,949
% Margin95.9%94.9%95.2%100%
R&D Expenses$0$0$0$0
G&A Expenses$15,616$11,712$15,191$26,117
SG&A Expenses$15,616$11,712$15,191$26,117
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses$1,244$1,478$3,153$2,122
Operating Expenses$16,860$13,190$18,344$28,239
Operating Income-$932-$3,230-$5,425-$6,290
% Margin-5.8%-31.5%-42%-28.7%
Other Income/Exp. Net-$696-$762-$1,444-$1,598
Pre-Tax Income-$1,628-$3,992-$6,869-$7,888
Tax Expense$0$0$0$6
Net Income-$1,628-$3,992-$6,869-$7,894
% Margin-10.2%-38.9%-53.2%-36%
EPS-0.37-1.32-39.6-81
% Growth72%96.7%51.1%
EPS Diluted-0.37-1.32-39.69-40.46
Weighted Avg Shares Out4,4213,03517497
Weighted Avg Shares Out Dil4,4213,035174195
Supplemental Information
Interest Income$0$0$0$6
Interest Expense$383$340$250$378
Depreciation & Amortization$84$83$21$126
EBITDA-$1,140-$3,096-$4,780-$5,925
% Margin-7.2%-30.2%-37%-27%