Financial Summary (All financials)
In millions, except per share items | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 |
Revenues | 18.6 | 0.0 | 0.0 | 0.0 | 20.4 |
Revenue growth | | | | -100.0% | |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 | 20.4 |
Gross profit | 18.6 | 0.0 | 0.0 | 0.0 | 0.0 |
Gross margin | 100.0% | | | | 0.0% |
Selling, general and administrative | 103.1 | 27.9 | 11.9 | | |
Research and development | 93.3 | 50.2 | 59.0 | 36.1 | |
General and administrative | | | | 7.3 | 5.2 |
EBIT | -177.7 | -78.3 | -70.9 | -43.3 | -25.5 |
EBIT margin | -958.2% | | | | -125.4% |
Pre-tax income | -178.7 | -79.9 | -73.8 | -43.7 | -25.8 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Net income | -178.7 | -79.9 | -81.2 | -62.4 | 0.0 |
Net margin | -963.4% | | | | -0.1% |
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Diluted EPS | ($4.39) | ($2.43) | ($22.42) | ($205.45) | ($104.33) |
Shares outstanding (diluted) | 40.7 | 32.8 | 3.6 | 0.3 | 0.0 |
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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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