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 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Total revenues [+] | 24.0 | 29.1 | 25.4 | 25.0 | 28.2 | 32.6 | 34.5 | 26.5 |
Products | | | | | | | 9.5 | 11.4 |
Services | | | | | | | 25.0 | 15.2 |
Revenue growth | -17.4% | 14.6% | 1.4% | -11.2% | -13.5% | -5.5% | 29.9% | 49.5% |
Cost of goods sold [+] | 6.8 | 9.0 | 7.8 | 9.4 | 11.2 | 13.3 | 36.3 | 14.5 |
Cost of product sales | | | | | | | 2.9 | 3.8 |
Cost of services | | | | | | | 14.6 | 10.7 |
Amortization of intangibles | 0.6 | 0.7 | 0.8 | 0.9 | 0.9 | 0.9 | | |
Gross profit | 17.2 | 20.1 | 17.5 | 15.6 | 17.0 | 19.3 | -1.8 | 12.0 |
Gross margin | 71.6% | 69.0% | 69.2% | 62.4% | 60.4% | 59.3% | -5.3% | 45.4% |
Selling, general and administrative [+] | 27.1 | 19.1 | 15.5 | 15.5 | 18.6 | 21.3 | 34.9 | 30.6 |
Sales and marketing | 18.5 | 9.1 | 8.7 | 8.4 | 10.0 | 11.5 | 18.0 | 18.0 |
General and administrative | 8.6 | 10.1 | 6.8 | 7.1 | 8.6 | 9.7 | 16.9 | 12.6 |
Research and development | 8.4 | 8.3 | 7.4 | 7.0 | 7.3 | 8.5 | 10.7 | 9.5 |
Other operating expenses | | | | | | 0.9 | -18.0 | |
EBITDA [+] | -17.3 | -5.8 | -3.8 | -4.5 | -5.8 | -8.1 | -26.3 | -26.7 |
EBITDA growth | 199.2% | 52.9% | -16.8% | -22.0% | -27.7% | -69.3% | -1.5% | 49.7% |
EBITDA margin | -72.1% | -19.9% | -14.9% | -18.2% | -20.7% | -24.7% | -76.3% | -100.6% |
Depreciation | 0.2 | 0.6 | 0.3 | 0.4 | 0.9 | 1.2 | 2.3 | 1.4 |
EBITA | -17.5 | -6.4 | -4.1 | -5.0 | -6.8 | -9.2 | -28.6 | -28.1 |
EBITA margin | -73.0% | -21.9% | -16.2% | -19.9% | -24.0% | -28.3% | -83.0% | -105.9% |
Amortization of intangibles | 0.8 | 0.9 | 1.2 | 1.9 | 2.1 | 2.1 | 0.8 | 0.7 |
EBIT [+] | -18.3 | -7.3 | -5.3 | -6.9 | -8.9 | -11.4 | -29.4 | -28.7 |
EBIT growth | 150.5% | 37.6% | -23.2% | -22.1% | -21.9% | -61.4% | 2.4% | 46.5% |
EBIT margin | -76.2% | -25.1% | -20.9% | -27.6% | -31.5% | -34.9% | -85.3% | -108.3% |
Interest expense, net [+] | 0.1 | 0.1 | 0.8 | 1.8 | 2.9 | 0.3 | 0.0 | -0.1 |
Interest expense | 0.1 | 0.1 | 0.8 | 1.8 | 2.9 | 0.3 | | |
Interest income | | | | | | | 0.0 | 0.1 |
Other income (expense), net [+] | 1.6 | -2.1 | -0.6 | 5.4 | -0.4 | 0.2 | -0.1 | -0.2 |
Gain (loss) on debt retirement | | | -0.3 | -1.2 | | | | |
Gain (loss) on derivative instruments | 0.0 | 0.1 | | | | | | |
Unrealized gain/loss on derivatives | 1.5 | -1.8 | -0.1 | 0.4 | 0.1 | 0.1 | | |
Other | 0.0 | -0.4 | -0.1 | -0.4 | -0.4 | 0.1 | -0.1 | -0.2 |
Pre-tax income | -16.8 | -9.5 | -6.6 | -3.3 | -12.1 | -11.4 | -29.5 | -28.9 |
Income taxes | -0.4 | -0.3 | -0.2 | 0.3 | -0.4 | -0.3 | -0.8 | -6.6 |
Tax rate | 2.3% | 3.2% | 2.9% | | 3.0% | 2.2% | 2.8% | 22.7% |
Net income | -17.9 | -9.5 | -6.5 | -3.8 | -11.7 | -11.2 | -28.7 | -8.5 |
Net margin | -74.6% | -32.7% | -25.8% | -15.1% | -41.6% | -34.3% | -83.3% | -32.1% |
|
Basic EPS [+] | ($1.02) | ($0.70) | ($0.63) | ($0.40) | ($1.25) | ($1.21) | ($3.11) | ($2.53) |
Growth | 46.6% | 10.7% | 58.4% | -68.3% | 3.6% | -61.0% | 22.9% | 35.5% |
Diluted EPS [+] | ($1.01) | ($0.70) | ($0.63) | ($0.39) | ($1.25) | ($1.21) | ($3.11) | ($2.53) |
Growth | 45.7% | 10.8% | 59.9% | -68.6% | 3.6% | -61.0% | 22.9% | 35.5% |
|
|
Shares outstanding (basic) [+] | 17.5 | 13.6 | 10.4 | 9.5 | 9.3 | 9.2 | 9.2 | 8.8 |
Growth | 28.7% | 30.9% | 9.4% | 1.6% | 1.2% | 0.0% | 4.5% | 1.7% |
Shares outstanding (diluted) [+] | 17.7 | 13.6 | 10.4 | 9.6 | 9.3 | 9.2 | 9.2 | 8.8 |
Growth | 29.5% | 30.9% | 8.4% | 2.8% | 1.2% | 0.0% | 4.5% | 1.7% |
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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. |