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In millions, except per share items | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: |
Net product sales | 64.6 | 50.0 | 27.1 | 10.0 | 3.8 | | |
Total revenues [+] | 64.6 | 50.0 | 27.1 | 10.0 | 3.8 | 0.8 | 1.0 |
Products | 64.6 | 50.0 | 27.1 | 10.0 | 3.8 | 0.3 | |
Revenue growth [+] | 29.3% | 84.2% | 170.4% | 164.6% | 400.3% | -27.4% | |
Net product sales | 29.3% | 84.2% | 170.4% | 164.6% | | | |
Cost of goods sold | 25.1 | 26.9 | 14.0 | 11.7 | 5.9 | 3.4 | 2.5 |
Gross profit | 39.5 | 23.1 | 13.1 | -1.7 | -2.1 | -2.6 | -1.5 |
Gross margin | 61.1% | 46.1% | 48.3% | -17.0% | -56.4% | -347.4% | -142.7% |
Selling, general and administrative [+] | 41.4 | 58.0 | 60.7 | 61.9 | 12.8 | 5.3 | 5.6 |
Sales and marketing | 28.1 | 44.1 | 46.9 | 49.3 | 5.7 | 0.2 | 0.2 |
General and administrative | 13.2 | 13.9 | 13.8 | 12.6 | 7.1 | 5.0 | 5.5 |
Research and development | 8.6 | 8.5 | 9.0 | 12.2 | 11.7 | 10.6 | 10.0 |
Other operating expenses | 1.0 | -0.2 | | | | | |
EBITDA [+] | -9.3 | -41.5 | -55.2 | -72.6 | -23.3 | -15.8 | -14.9 |
EBITDA growth | -77.6% | -24.7% | -24.0% | 211.0% | 48.1% | 5.7% | |
EBITDA margin | -14.4% | -83.1% | -203.4% | -723.3% | -615.4% | -2079.0% | -1428.7% |
Depreciation | 0.3 | 0.0 | -0.3 | 1.6 | 1.7 | 1.6 | 1.3 |
EBITA | -9.6 | -41.5 | -54.9 | -74.2 | -25.1 | -17.4 | -16.2 |
EBITA margin | -14.9% | -83.1% | -202.3% | -739.2% | -660.9% | -2296.0% | -1556.1% |
Amortization of intangibles | 1.7 | 1.7 | 1.7 | 1.7 | 1.5 | 1.1 | 0.8 |
EBIT [+] | -11.4 | -43.3 | -56.5 | -75.8 | -26.6 | -18.5 | -17.1 |
EBIT growth | -73.7% | -23.5% | -25.4% | 185.3% | 43.9% | 8.1% | |
EBIT margin | -17.6% | -86.6% | -208.4% | -755.7% | -700.9% | -2436.9% | -1636.8% |
Non-recurring items | -1.0 | 0.2 | | | | | |
Interest expense | 8.0 | 9.0 | 10.1 | 6.9 | 3.7 | 2.5 | 2.1 |
Interest expense | 8.0 | 9.0 | 10.1 | 6.9 | 3.7 | 2.5 | 2.1 |
Other income (expense), net [+] | 1.5 | 0.8 | 0.9 | 0.0 | -0.5 | 0.1 | 0.6 |
Gain (loss) on debt retirement | | | | -1.2 | | -0.4 | |
Other | 1.5 | 0.8 | 0.9 | 1.2 | -0.5 | 0.8 | 0.6 |
Pre-tax income | -16.9 | -51.7 | -65.8 | -82.8 | -30.8 | -20.8 | -18.6 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.4 |
Tax rate | | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
Net income | -16.9 | -51.7 | -65.8 | -82.8 | -33.2 | -24.2 | -22.4 |
Net margin | -26.1% | -103.4% | -242.4% | -824.8% | -874.8% | -3186.3% | -2150.3% |
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Basic EPS [+] | ($0.34) | ($1.60) | ($2.66) | ($5.16) | ($4.38) | ($27.56) | ($28.45) |
Growth | -78.8% | -39.8% | -48.5% | 17.8% | -84.1% | -3.1% | |
Diluted EPS [+] | ($0.34) | ($1.60) | ($2.66) | ($5.16) | ($4.38) | ($27.56) | ($28.45) |
Growth | -78.8% | -39.8% | -48.5% | 17.8% | -84.1% | -3.1% | |
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Shares outstanding (basic) [+] | 49.7 | 32.3 | 24.8 | 16.1 | 7.6 | 0.9 | 0.8 |
Growth | 54.0% | 30.5% | 54.2% | 111.7% | 765.2% | 11.1% | |
Shares outstanding (diluted) [+] | 49.7 | 32.3 | 24.8 | 16.1 | 7.6 | 0.9 | 0.8 |
Growth | 54.0% | 30.5% | 54.2% | 111.7% | 765.2% | 11.1% | |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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