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Income Statement
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Op Efficiency
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Cardiogenesis Corp (CGCP)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-10Dec-31-09Dec-31-08Dec-31-07Dec-31-05Dec-31-04Dec-31-03Dec-31-02
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues  11.310.412.212.116.315.513.513.0
            Revenue growth  9.0%-14.8%0.8% 5.7%14.3%3.6%-7.8%
Cost of goods sold  1.81.82.22.93.02.22.32.9
Gross profit  9.58.59.99.113.313.311.210.1
            Gross margin  83.7%82.5%81.6%75.5%81.7%85.8%83.0%77.5%
Selling, general and administrative   [+]9.48.39.37.614.111.39.612.3
Research and development  1.51.30.90.71.71.41.90.7
Equity in earnings          
Other operating expenses         2.3
EBITDA   [+]-1.2-0.80.01.3-2.00.80.1-4.8
            EBITDA margin  -10.4%-7.9%-0.2%10.9%-12.1%4.9%0.8%-36.9%
Depreciation and amortization  0.30.30.30.50.50.30.40.3
EBIT   [+]-1.4-1.1-0.30.9-2.50.5-0.3-5.1
            EBIT margin  -12.7%-10.8%-2.6%7.1%-15.2%3.2%-2.3%-39.3%
Non-recurring items   [+]       -2.3
Interest expense, net   [+]0.00.00.0-0.10.40.10.00.0
Other income (expense), net  0.2-0.1 -0.31.0-1.7 2.3
Pre-tax income  -1.3-1.2-0.30.6-1.9-1.3-0.3-0.5
Income taxes  0.00.00.00.00.00.00.00.0
            Tax rate     2.2%0.0%0.0%0.0%0.0%
Net income  -1.3-1.2-0.30.6-1.9-1.3-0.3-0.5
            Net margin  -11.4%-11.9%-2.6%4.8%-11.4%-8.5%-2.6%-4.1%
   
Basic EPS   [+]($28.01)($27.11)($0.01)$0.01($0.04)($0.03)($0.01)($0.01)
Diluted EPS   [+]($28.01)($27.11)($0.01)$0.01($0.04)($0.03)($0.01)($0.01)
   
Shares outstanding (basic)   [+]0.00.045.345.343.441.237.336.9
Shares outstanding (diluted)   [+]0.00.045.345.343.441.237.336.9
   
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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