Financial Summary (All financials)
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 |
Revenues | 26.5 | 0.5 | 0.5 | | | 6.2 | 2.1 | 4.7 |
Revenue growth | 5684.3% | -7.8% | | | | 200.8% | -56.4% | -27.0% |
Cost of goods sold | 2.1 | -0.5 | -0.4 | | | 0.1 | 0.6 | 0.2 |
Gross profit | 24.4 | 0.9 | 0.9 | | | 6.1 | 1.5 | 4.5 |
Gross margin | 92.1% | 201.5% | 183.3% | | | 99.2% | 71.2% | 95.5% |
Selling, general and administrative | | | | | | | | |
Sales and marketing | 3.1 | 5.1 | 6.7 | | | 1.2 | 1.4 | 1.9 |
Research and development | 2.9 | 10.7 | 16.5 | | | 21.3 | 20.6 | 24.2 |
General and administrative | 8.9 | 8.2 | 7.1 | | | 11.1 | 9.2 | 10.0 |
EBIT | 9.8 | -23.1 | -29.5 | | | -27.5 | -29.7 | -31.7 |
EBIT margin | 37.2% | -5038.0% | -5930.8% | | | -445.0% | -1448.4% | -673.9% |
Pre-tax income | 9.6 | -20.3 | -25.0 | | | -27.2 | -23.1 | -25.5 |
Income taxes | 0.0 | 3.5 | 0.0 | | | 0.0 | 0.0 | 1.1 |
Tax rate | 0.0% | | 0.0% | | | 0.0% | 0.0% | |
Earnings from continuing ops | 4.1 | -17.5 | -25.9 | | | -27.2 | -23.1 | -26.6 |
Earnings from discontinued ops | | | | | | 34.1 | 2.7 | -0.5 |
Net income | 4.1 | -17.5 | -25.9 | | | 6.8 | -20.4 | -27.1 |
Net margin | 15.6% | -3827.9% | -5205.0% | | | 110.4% | -994.3% | -575.3% |
|
Diluted EPS | | | | | | ($0.09) | ($0.12) | ($0.17) |
Shares outstanding (diluted) | | | | | | 294.8 | 198.1 | 157.5 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|