Financial Summary (All financials)
In millions, except per share items | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 | Dec-31-02 | Dec-31-01 |
Revenues | 34.4 | 40.6 | 29.6 | 32.6 | 38.4 | 39.4 | 54.7 | 57.8 |
Revenue growth | -15.2% | 37.1% | -9.2% | -15.2% | -2.5% | -28.0% | -5.2% | 50.7% |
Cost of goods sold | 9.9 | 11.0 | 10.6 | 10.0 | 15.1 | 15.4 | 14.4 | 17.1 |
Gross profit | 24.5 | 29.5 | 19.0 | 22.6 | 23.3 | 24.0 | 40.3 | 40.7 |
Gross margin | 71.3% | 72.8% | 64.2% | 69.4% | 60.7% | 60.8% | 73.7% | 70.5% |
Sales and marketing | 8.9 | 10.1 | 9.3 | 8.6 | 9.0 | 16.1 | 21.3 | 21.0 |
Research and development | 13.6 | 15.6 | 12.6 | 11.3 | 13.1 | 17.3 | 17.2 | 14.8 |
General and administrative | 5.7 | 6.2 | 5.4 | 4.8 | 6.3 | 6.2 | 6.9 | 8.3 |
EBITA | -11.5 | -10.0 | -15.8 | -8.2 | -4.5 | -20.2 | -13.4 | -14.2 |
EBITA margin | -33.3% | -24.6% | -53.5% | -25.2% | -11.8% | -51.1% | -24.5% | -24.6% |
Amortization of intangibles | 0.5 | 0.2 | 0.5 | 1.4 | 1.5 | 2.0 | 5.0 | |
EBIT | -11.9 | -10.2 | -16.3 | -9.6 | -6.0 | -22.1 | -18.5 | -14.2 |
EBIT margin | -34.7% | -25.0% | -55.1% | -29.5% | -15.6% | -56.2% | -33.7% | -24.6% |
Pre-tax income | -15.6 | -9.8 | -15.8 | -9.3 | -7.4 | -39.5 | -27.3 | -21.2 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | -0.1 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 1.1% | 0.0% | 0.0% | 0.0% |
Net income | -15.6 | -9.8 | -15.8 | -9.3 | -7.3 | -39.5 | -27.3 | -21.2 |
Net margin | -45.2% | -24.2% | -53.5% | -28.6% | -19.0% | -100.2% | -49.9% | -36.7% |
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Diluted EPS | ($0.30) | ($0.19) | ($0.33) | ($0.21) | ($0.18) | ($0.98) | ($0.69) | ($0.60) |
Shares outstanding (diluted) | 52.5 | 51.8 | 47.8 | 44.5 | 41.4 | 40.4 | 39.8 | 35.1 |
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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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