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Income Statement
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GENVEC INC (GNVC)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-16Dec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues  0.50.96.03.79.417.716.513.9
            Revenue growth  -42.3%-85.4%64.1%-60.6%-47.3%7.8%18.8%-59.0%
Cost of goods sold  0.00.00.00.00.00.00.0-31.9
Gross profit  0.50.96.03.79.417.716.545.7
            Gross margin  100.0%100.0%100.0%100.0%100.0%100.0%100.0%330.0%
Selling, general and administrative   [+]5.24.96.38.59.17.88.27.2
Research and development  2.52.62.35.514.317.420.924.7
Other operating expenses         31.9
EBITDA   [+]-7.1-6.5-2.3-10.1-13.9-7.2-12.4-16.9
            EBITDA margin  -1394.3%-731.1%-38.4%-274.9%-148.1%-40.8%-75.2%-122.3%
Depreciation and amortization  0.10.10.20.20.20.20.21.1
EBIT   [+]-7.2-6.6-2.5-10.3-14.1-7.5-12.6-18.0
            EBIT margin  -1411.9%-742.0%-42.0%-279.6%-150.7%-42.2%-76.6%-129.9%
Interest income  0.00.00.00.30.0   
Other income (expense), net   [+]1.4    0.00.3-0.4
Pre-tax income  -5.8-6.5-2.5-10.0-14.1-7.4-12.3-18.4
Income taxes  0.00.00.00.00.00.00.00.0
            Tax rate  0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Net income  -5.8-6.5-2.5-10.0-14.1-7.4-12.3-18.4
            Net margin  -1132.5%-739.5%-41.6%-272.1%-150.3%-41.9%-74.5%-132.5%
   
Basic EPS   [+]($2.78)($3.90)($0.16)($0.77)($1.09)($0.58)($0.97)($1.89)
Diluted EPS   [+]($2.78)($3.90)($0.16)($0.77)($1.09)($0.58)($0.97)($1.89)
   
Shares outstanding (basic)   [+]2.11.715.812.912.912.912.79.7
Shares outstanding (diluted)   [+]2.11.715.812.912.912.912.79.7
   
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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