Overview Financials News + Filings Key Docs Charts Ownership Insiders
|
| In millions, except per share items | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues [+] | 92.5 | 74.0 | 14.0 | 13.5 | 27.8 | 18.1 | 14.6 | 57.2 |
| Reimbursements | | | | | | 16.9 | 13.0 | 13.3 |
| Revenue growth | 25.0% | 428.9% | 3.8% | -51.5% | 53.5% | 23.7% | -74.4% | 275.2% |
| Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5.0 | 0.0 |
| Gross profit | 92.5 | 74.0 | 14.0 | 13.5 | 27.8 | 18.1 | 9.6 | 57.2 |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 65.8% | 100.0% |
| Selling, general and administrative [+] | 85.9 | 56.5 | 34.5 | 33.7 | 25.3 | 20.6 | 14.2 | 14.2 |
| General and administrative | | | | | 25.3 | 20.6 | 14.2 | 14.2 |
| Research and development | 173.9 | 154.0 | 103.9 | 89.7 | 68.6 | 58.4 | 50.9 | 36.1 |
| Other operating expenses | -1.9 | -0.4 | | | 7.3 | -3.5 | 5.0 | |
| EBITDA [+] | -161.6 | -132.1 | -120.7 | -107.2 | -71.7 | -56.2 | -59.3 | 7.9 |
| EBITDA growth | 22.3% | 9.5% | 12.6% | 49.4% | 27.6% | -5.3% | -854.4% | -128.5% |
| EBITDA margin | -174.6% | -178.6% | -862.5% | -794.9% | -258.3% | -310.6% | -405.6% | 13.7% |
| Depreciation and amortization | 3.8 | 3.9 | 3.7 | 2.8 | 1.7 | 1.2 | 1.1 | 0.9 |
| EBIT [+] | -165.4 | -136.1 | -124.4 | -110.0 | -73.4 | -57.4 | -60.5 | 7.0 |
| EBIT growth | 21.6% | 9.4% | 13.1% | 49.8% | 27.9% | -5.1% | -969.7% | -124.1% |
| EBIT margin | -178.8% | -183.9% | -889.2% | -815.8% | -264.3% | -317.1% | -413.2% | 12.1% |
| Non-recurring items | 1.9 | 0.4 | | | -7.3 | 3.5 | -5.0 | |
| Interest income, net [+] | 2.9 | 10.7 | 5.6 | 2.6 | 1.9 | 0.5 | -0.8 | -2.1 |
| Interest expense | | | | | | | 0.9 | 2.1 |
| Interest income | 2.9 | 10.7 | 5.6 | 2.6 | 1.9 | 0.5 | 0.1 | 0.0 |
| Other income (expense), net [+] | -1.6 | 0.8 | -0.1 | -1.0 | 7.3 | -3.5 | 5.0 | -26.8 |
| Litigation settlement | | | | | | | 5.0 | |
| Other | -1.6 | 0.8 | -0.1 | -1.0 | 7.3 | -3.5 | 5.0 | -26.8 |
| Pre-tax income | -166.0 | -124.9 | -118.9 | -108.4 | -57.0 | -63.9 | -51.3 | -21.9 |
| Income taxes | 0.0 | -0.1 | 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 | -166.0 | -124.9 | -118.9 | -108.5 | -57.0 | -63.9 | -51.3 | -39.0 |
| Net margin | -179.4% | -168.7% | -849.6% | -804.5% | -205.3% | -353.1% | -350.3% | -68.2% |
| |
| Basic EPS [+] | ($2.92) | ($2.38) | ($2.59) | ($2.68) | ($1.52) | ($1.92) | ($1.63) | ($4.15) |
| Growth | 22.8% | -8.1% | -3.5% | 76.2% | -20.6% | 18.0% | -60.8% | -83.3% |
| Diluted EPS [+] | ($2.92) | ($2.38) | ($2.59) | ($2.68) | ($1.52) | ($1.92) | ($1.63) | ($4.15) |
| Growth | 22.8% | -8.1% | -3.5% | 76.2% | -20.6% | 18.0% | -60.8% | -83.3% |
| |
| Shares outstanding (basic) [+] | 56.8 | 52.5 | 45.9 | 40.4 | 37.4 | 33.3 | 31.5 | 9.4 |
| Growth | 8.3% | 14.3% | 13.6% | 8.0% | 12.4% | 5.7% | 235.0% | 291.8% |
| Shares outstanding (diluted) [+] | 56.8 | 52.5 | 45.9 | 40.4 | 37.4 | 33.3 | 31.5 | 9.4 |
| Growth | 8.3% | 14.3% | 13.6% | 8.0% | 12.4% | 5.7% | 235.0% | 291.8% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|