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INSITE VISION INC (INSV)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08Dec-31-07
   10-K10-K10-K10-K10-K10-K10-K10-K
Total revenues   [+]8.230.821.615.911.99.813.723.8
            Revenue growth  -73.4%42.4%35.9%34.2%21.1%-28.5%-42.3%1187950.0%
Cost of goods sold  0.60.41.11.91.72.118.811.4
Gross profit  7.630.420.614.010.17.7-5.112.4
            Gross margin  93.0%98.8%95.1%88.0%85.4%78.8%-37.0%52.2%
Selling, general and administrative   [+]5.75.85.85.64.55.88.36.8
Research and development  9.111.615.57.35.05.4  
EBITDA   [+]-6.913.2-0.61.10.9-2.9-12.95.9
            EBITDA margin  -83.8%42.9%-2.7%7.0%7.3%-29.8%-94.2%24.7%
Depreciation and amortization  0.30.10.10.10.20.60.40.2
EBIT   [+]-7.213.1-0.71.00.7-3.5-13.35.6
            EBIT margin  -87.9%42.5%-3.1%6.4%5.5%-35.8%-97.2%23.7%
Non-recurring items   [+]     0.6  
Other income (expense), net   [+]34.0-7.3-7.6-8.0-10.2-10.0-8.0-5.6
Pre-tax income  26.85.8-8.3-6.9-9.6-14.2-21.30.0
Income taxes  0.00.00.00.00.00.00.00.0
            Tax rate  0.0%0.0%0.0%0.0%0.0%0.0%0.0% 
Net income  26.85.8-8.3-6.9-9.6-14.2-21.30.0
            Net margin  325.8%18.8%-38.2%-43.6%-80.8%-144.5%-155.5%0.0%
   
Basic EPS   [+]$0.20$0.04($0.06)($0.06)($0.10)($0.15)($0.23)$0.00
Diluted EPS   [+]$0.20$0.04($0.06)($0.06)($0.10)($0.15)($0.23)$0.00
   
Shares outstanding (basic)   [+]132.0132.0132.0111.894.894.794.694.2
Shares outstanding (diluted)   [+]132.4132.4132.0111.894.894.794.6100.1
   
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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