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 | 3.1 | 14.6 | 11.3 | 8.5 | 5.8 | 6.1 | 7.1 | 8.2 |
Revenue growth | -78.5% | 29.6% | 32.2% | 47.1% | -4.6% | -13.9% | -13.4% | 409.4% |
Cost of goods sold | 5.5 | 22.3 | 22.9 | 26.6 | 27.8 | 18.9 | 11.3 | 7.9 |
Gross profit | -2.4 | -7.7 | -11.6 | -18.0 | -22.0 | -12.8 | -4.2 | 0.3 |
Gross margin | -75.1% | -52.7% | -103.1% | -211.2% | -378.5% | -210.1% | -59.2% | 3.6% |
Sales and marketing | 1.1 | 1.0 | 0.6 | 1.3 | 1.2 | 1.7 | | |
Research and development | | | | | | | | |
General and administrative | 9.0 | 11.5 | 9.4 | 7.4 | 9.5 | 5.3 | 2.9 | 3.4 |
EBIT | -12.4 | -20.3 | -21.6 | -26.7 | -32.7 | -19.8 | -7.1 | -3.1 |
EBIT margin | -395.6% | -138.5% | -191.8% | -313.2% | -563.2% | -324.5% | -100.1% | -37.6% |
Pre-tax income | -18.4 | -18.0 | -23.7 | -39.6 | -32.0 | -18.6 | -6.5 | -2.6 |
Income taxes | 0.2 | 0.3 | -0.2 | -0.4 | -0.4 | -0.2 | 0.0 | 0.0 |
Tax rate | | | 1.0% | 1.1% | 1.1% | 1.1% | 0.0% | 0.0% |
Net income | -18.6 | -18.4 | -23.5 | -39.2 | -31.7 | -18.4 | -6.5 | -2.6 |
Net margin | -591.2% | -125.4% | -207.8% | -459.2% | -545.3% | -302.8% | -91.9% | -32.4% |
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Diluted EPS | ($0.74) | ($0.87) | ($1.75) | ($3.84) | ($4.35) | ($2.56) | ($0.57) | ($0.31) |
Shares outstanding (diluted) | 25.3 | 21.1 | 13.4 | 10.2 | 7.3 | 7.2 | 11.4 | 8.5 |
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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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