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 | 10.3 | 5.4 | 8.4 | 9.6 | 11.3 | 10.5 | 9.5 | 10.3 |
Revenue growth | 89.5% | -35.1% | -13.0% | -14.7% | 7.6% | 10.4% | -8.1% | 3.2% |
Cost of goods sold | 4.0 | 1.8 | 2.7 | 5.2 | 4.3 | 4.2 | 3.0 | 3.6 |
Gross profit | 6.3 | 3.6 | 5.7 | 4.4 | 7.0 | 6.3 | 6.4 | 6.7 |
Gross margin | 61.3% | 66.6% | 68.3% | 46.1% | 61.8% | 60.2% | 67.9% | 64.9% |
Selling, general and administrative | 12.7 | 10.7 | 9.5 | 10.6 | 11.9 | 11.5 | 9.4 | 7.4 |
Research and development | 0.9 | 0.3 | 0.2 | 0.2 | 0.3 | 1.3 | 0.1 | 0.1 |
EBITA | -7.6 | -7.5 | -3.9 | -6.0 | -4.8 | -7.2 | -5.4 | -1.6 |
EBITA margin | -73.5% | -137.9% | -46.1% | -62.1% | -42.9% | -69.1% | -57.2% | -15.7% |
Amortization of intangibles | 0.1 | 0.1 | 0.1 | 0.8 | 0.5 | 0.1 | 0.1 | 0.1 |
EBIT | -7.6 | -7.6 | -3.9 | -6.8 | -5.4 | -7.3 | -5.5 | -1.7 |
EBIT margin | -74.0% | -138.9% | -46.8% | -70.6% | -47.5% | -69.7% | -58.0% | -16.5% |
Pre-tax income | -7.1 | -7.5 | -7.6 | -8.0 | -5.2 | -6.5 | -3.1 | -0.8 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | | | | | | 0.3% | | |
Net income | -6.8 | -7.3 | -7.5 | -7.4 | -5.2 | -5.9 | -5.5 | -1.7 |
Net margin | -66.2% | -134.9% | -89.8% | -77.2% | -46.0% | -56.7% | -57.6% | -16.5% |
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Diluted EPS | ($0.10) | ($0.12) | ($0.16) | ($0.21) | ($0.16) | ($0.22) | ($0.26) | ($0.08) |
Shares outstanding (diluted) | 68.8 | 63.1 | 45.7 | 35.3 | 32.7 | 27.0 | 21.4 | 20.1 |
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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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