Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2020	Dec. 31, 2019
Revenue:
Total revenue	$ 65,854	$ 73,875	$ 135,450	$ 140,504
Cost of revenue:
Total cost of revenue	38,128	33,722	78,211	70,573
Gross profit	27,726	40,153	57,239	69,931
Operating expenses:
Research and development	18,528	19,717	37,514	40,380
Sales and marketing	1,677	2,134	3,673	4,080
General and administrative	9,448	6,428	15,960	13,715
Total operating expenses	29,653	28,279	57,147	58,175
Income (loss) from operations	(1,927)	11,874	92	11,756
Other income, net	521	596	1,235	1,157
Income (loss) from continuing operations before provision (benefit) for income taxes	(1,406)	12,470	1,327	12,913
Provision (benefit) for income taxes	(67)	205	(53)	616
Equity in net (income) of equity method investees	(1,279)	(797)	(1,895)	(797)
Income (loss) from continuing operations	(60)	13,062	3,275	13,094
Discontinued operations:
Income from operations of Advertising business, net of tax	0	0	0	832
Loss from sale of Advertising business	0	(56)	0	(4,874)
Loss on discontinued operations	0	(56)	0	(4,042)
Net income (loss)	$ (60)	$ 13,006	$ 3,275	$ 9,052
Basic income (loss) per share:
Income (loss) from continuing operations (in dollars per share)	$ (0.00)	$ 0.27	$ 0.07	$ 0.27
Loss on discontinued operations (in dollars per share)	0	0	0	(0.08)
Net income (loss) (in dollars per share)	(0.00)	0.27	0.07	0.19
Diluted income (loss) per share:
Income (loss) from continuing operations (in dollars per share)	(0.00)	0.27	0.07	0.27
Loss on discontinued operations (in dollars per share)	0	0	0	(0.08)
Net income (loss) (in dollars per share)	$ (0.00)	$ 0.27	$ 0.07	$ 0.18
Weighted average shares used in computing income (loss) per share:
Basic (in shares)	47,825	48,475	47,526	48,127
Diluted (in shares)	47,825	48,821	48,151	49,257
Stock-based compensation expense included in continuing operations above:
Total stock-based compensation expense	$ 2,640	$ 1,478	$ 5,497	$ 3,230
Cost of revenue
Stock-based compensation expense included in continuing operations above:
Total stock-based compensation expense	22	13	41	29
Research and development
Stock-based compensation expense included in continuing operations above:
Total stock-based compensation expense	1,603	623	3,433	1,718
Sales and marketing
Stock-based compensation expense included in continuing operations above:
Total stock-based compensation expense	308	190	677	325
General and administrative
Stock-based compensation expense included in continuing operations above:
Total stock-based compensation expense	707	652	1,346	1,158
Product
Revenue:
Total revenue	53,449	61,543	110,258	117,533
Cost of revenue:
Total cost of revenue	31,098	26,434	63,628	58,423
Services
Revenue:
Total revenue	12,405	12,332	25,192	22,971
Cost of revenue:
Total cost of revenue	$ 7,030	$ 7,288	$ 14,583	$ 12,150

Telenav, Inc. 10-Q