Financial Summary (All financials)
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| Revenues | 12.3 | 11.8 | 16.5 | 21.9 | 33.3 | 20.0 | 28.3 | 29.7 |
| Revenue growth | 4.2% | -28.6% | -24.7% | -34.2% | 66.1% | -29.3% | -4.6% | 236.7% |
| Cost of goods sold | 6.1 | 6.2 | 10.1 | 13.7 | 20.4 | 17.5 | 10.4 | 7.3 |
| Gross profit | 6.2 | 5.6 | 6.3 | 8.1 | 12.9 | 2.6 | 17.9 | 22.4 |
| Gross margin | 50.6% | 47.4% | 38.5% | 37.2% | 38.8% | 12.8% | 63.1% | 75.4% |
| Sales and marketing | 1.7 | 1.7 | 3.5 | 5.0 | 8.1 | 10.0 | 6.6 | 7.0 |
| Research and development | 2.8 | 2.4 | 4.0 | 4.8 | 7.2 | 6.7 | 3.7 | 3.4 |
| General and administrative | 4.1 | 4.1 | 5.4 | 5.7 | 6.1 | 7.3 | 3.9 | 2.8 |
| EBITA | -5.3 | -1.4 | -6.0 | -6.6 | -3.3 | -9.1 | 2.9 | 8.0 |
| EBITA margin | -43.5% | -11.6% | -36.5% | -30.3% | -10.0% | -45.4% | 10.1% | 27.0% |
| Amortization of intangibles | 1.4 | 2.4 | 2.2 | 3.0 | 3.2 | 2.5 | 1.4 | |
| EBIT | -6.7 | -3.7 | -8.2 | -9.7 | -6.5 | -11.6 | 1.5 | 8.0 |
| EBIT margin | -54.9% | -31.9% | -49.6% | -44.2% | -19.6% | -57.9% | 5.3% | 27.0% |
| Pre-tax income | -10.1 | -7.9 | -11.5 | -10.0 | -7.1 | -11.9 | 1.2 | 7.9 |
| Income taxes | 0.0 | 0.0 | 0.0 | 5.7 | -0.4 | 2.1 | 0.2 | 1.7 |
| Tax rate | | | | | 5.6% | | 16.2% | 21.3% |
| Net income | -10.1 | -7.9 | -11.5 | -15.7 | -6.7 | -14.0 | 1.0 | 6.2 |
| Net margin | -82.6% | -66.8% | -69.8% | -71.9% | -20.0% | -69.9% | 3.6% | 20.9% |
| |
| Diluted EPS | ($0.39) | ($0.45) | ($0.71) | ($1.03) | ($0.45) | ($0.93) | $0.07 | $0.45 |
| Shares outstanding (diluted) | 26.2 | 17.4 | 16.1 | 15.2 | 14.9 | 15.0 | 15.2 | 13.7 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|