Vape Holdings, Inc. (VAPE) [Rocket]

In millions, except per share items	Sep-30-17	Sep-30-16	Sep-30-15	Sep-30-14	Dec-31-12	Dec-31-11	Dec-31-10	Dec-31-09
	10-K/A	10-K/A	10-K	10-K/A	10-K	10-K	10-K	10-K
Total revenues	0.1	0.9	1.3	0.8	0.1	0.7	2.7	0.7
Revenue growth	-85.5%	-30.3%	51.8%		-88.2%	-73.1%	257.5%
Cost of goods sold [+]	0.1	1.1	1.0	0.5	0.0	0.4	1.4	0.5
Maintenance and operations costs				1.6
Gross profit	0.0	-0.2	0.3	0.4	0.0	0.3	1.2	0.3
Gross margin	22.3%	-24.9%	20.7%	45.5%	41.2%	45.0%	45.9%	37.2%
Selling, general and administrative [+]	0.6	1.4	2.8	1.5	0.7	1.6	1.2	0.6
Sales and marketing	0.1	0.4	0.7	0.2	0.1	0.3
General and administrative	0.5	1.0	2.1	1.3	0.6	1.3
Research and development		0.0	0.2	0.0
Other operating expenses			-0.6
EBITDA [+]		-1.5	-2.1	-1.2
EBITDA growth	-62.2%	-27.8%	77.1%		-50.7%	-2595.4%	-115.2%
EBITDA margin	-444.6%	-169.8%	-163.9%	-140.4%	-752.9%	-180.4%	1.9%	-45.6%
Depreciation and amortization		0.2	0.1	0.0
EBIT [+]	-0.6	-1.7	-2.2	-1.2	-0.6	-1.3	0.1	-0.3
EBIT growth	-65.8%	-22.7%	80.7%		-50.7%	-2595.4%	-115.2%
EBIT margin	-444.6%	-188.0%	-169.4%	-142.3%	-752.9%	-180.4%	1.9%	-45.6%
Non-recurring items [+]		0.1	0.6
Asset impairment		0.1
Legal settlement			0.6
Interest expense, net [+]	0.6	1.9	1.0	0.0	0.0	0.0	0.0	0.0
Interest expense	0.6	1.9	1.0	0.0
Interest income					0.0	0.0	0.0	0.0
Other income (expense), net [+]	-1.3	-2.4	0.3	-23.8			0.0
Litigation settlement			0.6
Gain (loss) on debt retirement		0.2	-0.6
Unrealized gain/loss on derivatives			0.6	-23.4
Change in fair value of warrants			0.6	-23.4
Other			-0.1	-23.9			0.0
Pre-tax income	-2.4	-6.1	-3.5	-25.1	-0.6	-1.3	0.1	-0.3
Income taxes	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax rate	0.0%				0.0%	0.0%	0.0%	0.0%
Net income	-2.4	-6.1	-3.5	-25.1	-0.6	-1.3	0.1	-0.3
Net margin	-1894.6%	-684.3%	-277.8%	-2977.7%	-752.5%	-180.1%	2.0%	-45.6%

Basic EPS [+]	$0.00	($0.02)	($0.31)	($3.20)	($0.02)	($0.04)	$0.00	($0.01)
Growth	-77.8%	-94.8%	-90.4%		-54.3%	-2387.5%	-111.2%
Diluted EPS [+]	$0.00	($0.02)	($0.31)	($3.20)	($0.02)	($0.04)	$0.00	($0.01)
Growth	-77.8%	-94.8%	-90.4%		-54.3%	-2387.5%	-111.2%

Shares outstanding (basic) [+]	685.1	380.7	11.6	7.8	39.1	36.2	33.9	24.4
Growth	80.0%	3191.9%	47.8%		8.0%	6.8%	39.1%
Shares outstanding (diluted) [+]	685.1	380.7	11.6	7.8	39.1	36.2	33.9	24.4
Growth	80.0%	3191.9%	47.8%		8.0%	6.8%	39.1%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.