In millions, except per share items | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues [+] | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5.0 | 0.0 | 0.0 |
Licensing | | | | | | 5.0 | | |
Royalties | | | | | | 10.3 | | |
Revenue growth | | | | | -100.0% | | | |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Gross profit | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5.0 | 0.0 | 0.0 |
Gross margin | | | | | | 100.0% | | |
Selling, general and administrative [+] | 4.4 | 5.7 | 6.8 | 3.6 | 5.3 | 4.5 | 5.7 | 4.6 |
General and administrative | 4.4 | 5.7 | 6.8 | 3.6 | 5.3 | 4.5 | 5.7 | 4.6 |
Research and development | 10.7 | 6.2 | 3.5 | 9.9 | 24.7 | 10.3 | 13.5 | 8.7 |
Other operating expenses | -8.7 | -3.3 | 0.7 | | 0.0 | -0.7 | 0.2 | |
EBITDA [+] | -6.4 | -8.6 | -11.0 | -13.5 | -29.9 | -9.0 | -19.2 | -13.0 |
EBITDA growth | -25.1% | -21.6% | -18.4% | -55.0% | 232.1% | -53.0% | 47.1% | |
EBITDA margin | | | | | | -180.3% | | |
Depreciation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 |
EBITA | -6.4 | -8.6 | -11.0 | -13.5 | -30.0 | -9.1 | -19.3 | -13.1 |
EBITA margin | | | | | | -182.0% | | |
Amortization of intangibles | | | | | | | 0.1 | 0.2 |
EBIT [+] | -6.4 | -8.6 | -11.0 | -13.5 | -30.0 | -9.1 | -19.4 | -13.3 |
EBIT growth | -25.1% | -21.7% | -18.5% | -55.0% | 229.5% | -53.1% | 46.1% | |
EBIT margin | | | | | | -182.0% | | |
Interest expense, net [+] | 0.4 | 0.0 | 0.3 | 0.7 | 0.7 | 1.3 | 1.9 | 0.9 |
Interest expense | 0.7 | 0.2 | 0.4 | 0.7 | 0.7 | 1.3 | 2.0 | 0.9 |
Interest income | 0.3 | 0.2 | 0.0 | 0.0 | 0.1 | | 0.1 | |
Other income (expense), net [+] | 0.0 | 0.0 | 0.2 | 0.0 | 0.0 | -0.2 | 0.1 | 0.0 |
Gain (loss) on debt retirement | | | -0.2 | | | | | |
Gain (loss) on derivative instruments | 8.7 | 3.3 | -0.3 | | 0.0 | 0.7 | | |
Other | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -0.2 | 0.1 | 0.0 |
Pre-tax income | -6.8 | -8.6 | -11.2 | -14.2 | -30.7 | -10.6 | -21.2 | -14.2 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.5 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | | 0.0% | 0.0% |
Net income | -6.8 | -8.6 | -11.2 | -14.2 | -30.7 | -11.1 | -21.2 | -14.2 |
Net margin | | | | | | -223.0% | | |
|
Basic EPS [+] | ($0.23) | ($0.29) | ($0.49) | ($0.84) | ($1.85) | ($1.39) | ($6.94) | ($6.06) |
Growth | -21.5% | -41.0% | -42.3% | -54.6% | 33.3% | -80.0% | 14.6% | |
Diluted EPS [+] | ($0.23) | ($0.29) | ($0.49) | ($0.84) | ($1.85) | ($1.39) | ($6.94) | ($6.06) |
Growth | -21.5% | -41.0% | -42.3% | -54.6% | 33.3% | -80.0% | 14.6% | |
|
Shares outstanding (basic) [+] | 30.1 | 30.1 | 23.0 | 16.9 | 16.6 | 8.0 | 3.1 | 2.3 |
Growth | 0.0% | 30.9% | 36.3% | 1.8% | 106.6% | 162.9% | 30.2% | |
Shares outstanding (diluted) [+] | 30.1 | 30.1 | 23.0 | 16.9 | 16.6 | 8.0 | 3.1 | 2.3 |
Growth | 0.0% | 30.9% | 36.3% | 1.8% | 106.6% | 162.9% | 30.2% | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |