In millions, except per share items | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| 10-K | 10-K | S-1/A | S-1/A |
Revenues | 25.7 | 22.8 | | 26.5 |
Revenue growth | 12.5% | | | |
Cost of goods sold | 12.1 | 8.6 | | 0.0 |
Gross profit | 13.6 | 14.2 | | 26.5 |
Gross margin | 52.9% | 62.4% | | 100.0% |
Selling, general and administrative [+] | 10.8 | 11.4 | | 20.0 |
Sales and marketing | 2.6 | 2.9 | | |
General and administrative | 8.2 | 8.5 | | 20.0 |
Research and development | 4.3 | 3.7 | | |
Other operating expenses | 2.0 | 1.0 | | 1.5 |
EBITDA [+] | -3.5 | -1.8 | | 5.0 |
EBITDA growth | 92.5% | | | |
EBITDA margin | -13.8% | -8.1% | | 18.9% |
Depreciation | 3.5 | 2.5 | | 0.0 |
EBITA | -7.1 | -4.4 | | 5.0 |
EBITA margin | -27.5% | -19.2% | | 18.7% |
Amortization of intangibles | 0.9 | 0.9 | | |
EBIT [+] | -7.9 | -5.2 | | 5.0 |
EBIT growth | 51.3% | | | |
EBIT margin | -30.9% | -23.0% | | 18.7% |
Non-recurring items [+] | 6.8 | 4.2 | | |
Asset impairment | 6.6 | 4.2 | | |
Loss (gain) on sale of assets | | 0.0 | | |
Interest expense | 2.5 | 1.3 | | |
Interest expense | 2.5 | 1.3 | | |
Other income (expense), net [+] | 0.0 | 0.0 | | -5.0 |
Gain (loss) on debt retirement | 0.0 | | | |
Gain (loss) on foreign currency transactions | 0.0 | 0.0 | | |
Pre-tax income | -17.2 | -10.7 | | 0.0 |
Income taxes | 0.0 | 0.0 | | 0.0 |
Tax rate | 0.0% | 0.0% | | |
Net income | -17.2 | -10.7 | | 0.0 |
Net margin | -67.0% | -47.0% | | 0.0% |
|
Basic EPS [+] | ($8.00) | ($5.52) | | |
Growth | 45.0% | | | |
Diluted EPS [+] | ($8.00) | ($5.52) | | |
Growth | 45.0% | | | |
|
Shares outstanding (basic) [+] | 2.1 | 1.9 | | |
Growth | 10.7% | | | |
Shares outstanding (diluted) [+] | 2.1 | 1.9 | | |
Growth | 10.7% | | | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |