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In millions, except per share items | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 |
| 10-K | 10-K | 10-K | 10-K | 10-K | S-1/A | S-1 |
Total revenues | 296.2 | 259.2 | 177.7 | 103.7 | 47.8 | 16.7 | 6.3 |
Revenue growth | 14.3% | 45.9% | 71.4% | 116.8% | 187.2% | 165.1% | |
Cost of goods sold | 179.8 | 154.8 | 105.7 | 63.6 | 31.6 | 0.0 | 5.0 |
Gross profit | 116.4 | 104.4 | 71.9 | 40.1 | 16.2 | 16.7 | 1.3 |
Gross margin | 39.3% | 40.3% | 40.5% | 38.7% | 33.9% | 100.0% | 20.5% |
Selling, general and administrative [+] | 142.2 | 100.6 | 62.8 | 35.6 | 21.0 | 10.9 | 9.1 |
Sales and marketing | 53.6 | 38.7 | 23.8 | 14.3 | 8.5 | 4.6 | 3.5 |
General and administrative | 88.6 | 61.9 | 39.0 | 21.3 | 12.5 | 6.3 | 5.7 |
Research and development | 29.5 | 19.0 | 13.6 | 5.2 | 2.2 | | 0.7 |
Other operating expenses | | | | -0.1 | | 13.1 | |
Adjusted EBITDA | -25.0 | -0.3 | 5.4 | 1.8 | -6.4 | -7.0 | -8.3 |
Adjusted EBITDA margin | -8.4% | -0.1% | 3.0% | 1.8% | -13.5% | -42.3% | -131.9% |
Stock-based compensation | 13.6 | 9.0 | 7.5 | 1.8 | 0.4 | | 0.1 |
EBITDA [+] | -38.5 | -9.2 | -2.1 | 0.1 | -6.8 | -7.3 | -8.4 |
EBITDA growth | 317.6% | 340.1% | -2567.1% | -101.3% | -6.8% | -13.7% | |
EBITDA margin | -13.0% | -3.6% | -1.2% | 0.1% | -14.2% | -43.6% | -133.9% |
Depreciation | 8.7 | 4.2 | 2.1 | 0.6 | 0.2 | 0.1 | 0.1 |
EBITA | -47.3 | -13.4 | -4.2 | -0.5 | -7.0 | -7.4 | -8.5 |
EBITA margin | -16.0% | -5.2% | -2.4% | -0.5% | -14.6% | -44.5% | -135.6% |
Amortization of intangibles | 8.0 | 1.7 | 0.3 | 0.2 | 0.0 | | |
EBIT [+] | -55.3 | -15.1 | -4.5 | -0.7 | -7.0 | -7.4 | -8.5 |
EBIT growth | 265.0% | 239.4% | 562.0% | -90.4% | -5.6% | -13.1% | |
EBIT margin | -18.7% | -5.8% | -2.5% | -0.7% | -14.6% | -44.5% | -135.6% |
Non-recurring items [+] | 93.5 | | | | | | |
Asset impairment | 93.5 | | | | | | |
Interest expense, net [+] | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | | -0.2 |
Interest expense | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 | 0.0 |
Interest income | | | | | | | 0.2 |
Other income (expense), net | | 0.1 | -0.8 | -0.1 | -0.1 | | |
Pre-tax income | -148.9 | -15.2 | -5.4 | -0.8 | -7.1 | -7.6 | -8.4 |
Income taxes | 0.2 | 0.0 | 0.1 | -0.5 | 0.0 | 0.0 | 0.0 |
Tax rate | | 0.3% | | 62.9% | 0.0% | 0.0% | 0.0% |
Net income | -149.1 | -15.1 | -6.8 | -5.3 | -10.1 | -7.6 | 0.0 |
Net margin | -50.3% | -5.8% | -3.8% | -5.1% | -21.0% | -45.3% | -0.2% |
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Basic EPS [+] | ($1.36) | ($0.18) | ($0.11) | ($0.32) | ($0.56) | ($0.45) | ($0.60) |
Growth | 656.2% | 62.2% | -65.8% | -42.0% | 24.4% | -25.6% | |
Diluted EPS [+] | ($1.36) | ($0.18) | ($0.11) | ($0.32) | ($0.56) | ($0.45) | ($0.60) |
Growth | 656.2% | 62.2% | -65.8% | -42.0% | 24.4% | -25.6% | |
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Shares outstanding (basic) [+] | 109.6 | 84.0 | 61.0 | 16.4 | 18.0 | 16.8 | 0.0 |
Growth | 30.4% | 37.9% | 272.5% | -8.9% | 7.0% | 102379.1% | |
Shares outstanding (diluted) [+] | 109.6 | 84.0 | 61.0 | 16.4 | 18.0 | 16.8 | 0.0 |
Growth | 30.4% | 37.9% | 272.5% | -8.9% | 7.0% | 102379.1% | |
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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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