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TETRAPHASE PHARMACEUTICALS INC (TTPH)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14Dec-31-13Jul-07-13
   10-K10-K10-K10-K10-K10-K10-K10-K
Total revenues  7.418.99.75.111.79.110.5124.9
            Revenue growth  -61.0%95.6%87.9%-56.0%28.4%-13.2%38.0% 
Cost of goods sold  0.00.00.00.00.00.00.0131.1
Gross profit  7.418.99.75.111.79.110.5-6.2
            Gross margin  100.0%100.0%100.0%100.0%100.0%100.0%100.0%-5.0%
Selling, general and administrative   [+]49.037.123.719.220.912.97.224.5
Research and development  22.854.9101.763.873.861.931.5 
Other operating expenses  3.10.2     82.1
EBITDA   [+]-66.9-72.7-115.3-77.5-82.8-65.6-28.1-110.3
            EBITDA margin  -907.0%-384.6%-1192.7%-1507.2%-708.6%-721.5%-267.6%-88.3%
Depreciation and amortization  0.60.60.40.30.20.10.12.5
EBIT   [+]-67.5-73.3-115.7-77.8-83.0-65.8-28.2-112.8
            EBIT margin  -915.6%-387.6%-1197.1%-1512.7%-710.2%-722.9%-268.8%-90.3%
Interest expense, net   [+]1.3-1.1-1.0  1.01.72.5
Other income (expense), net   [+]-1.2  0.3-0.20.029.9-4.4
Pre-tax income  -70.1-72.2-114.8-77.5-83.2-66.70.0-119.7
Income taxes  0.00.00.00.00.00.029.60.0
            Tax rate  0.0%0.0%0.0%0.0%0.0%0.0% 0.0%
Net income  -70.1-72.2-114.8-77.5-83.2-66.7-29.6-119.7
            Net margin  -950.2%-381.7%-1187.2%-1505.9%-711.9%-733.6%-282.6%-95.9%
   
Basic EPS   [+]($22.85)($27.48)($2.63)($2.11)($2.36)($2.49)($1.78)($49.36)
Diluted EPS   [+]($22.85)($27.48)($2.63)($2.11)($2.36)($2.49)($1.78)($49.36)
   
Shares outstanding (basic)   [+]3.12.643.636.735.326.816.72.4
Shares outstanding (diluted)   [+]3.12.643.636.735.326.816.72.4
   
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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