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HORIZON PHARMACEUTICAL LLC (RPTP)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-15Dec-31-14Dec-31-13Dec-31-12Aug-31-12Dec-31-11Aug-31-11Aug-31-10
   10-K10-K10-K10-K10-K10-K10-K10-K
Product revenue  94.269.516.9   14.8 
            Product revenue growth  35.6%311.9%     -100.0%
Cost of sales  12.69.41.7   14.8-19.3
    Gross profit  81.660.115.2     
            Gross margin  86.6%86.5%90.2%     
   
Operating expenses:          
Research and development  58.643.529.29.0 21.4 9.3
Selling, general and administrative  71.456.737.9    3.7
    Total operating expenses  262.1201.7134.917.9 36.221.032.3
    Loss from operations  -48.5-40.1-51.9-17.9 -36.2-21.0-13.1
            Operating margin  -51.4%-57.6%-307.6%     
Interest income  0.30.10.20.2 0.30.00.0
Interest expense  -15.8-14.0-6.8-0.1 0.00.00.0
Foreign currency transaction gain (loss)  -0.30.30.00.1 0.1  
Adjustment to fair value of common stock warrants  -0.5-1.1-10.7     
    Loss before provision for income taxes  -64.8-52.5-69.4     
Provision for income taxes  0.40.1      
    Net Loss  -65.2-52.5-69.4-19.3 -38.6-37.2-18.9
   
Other comprehensive income (loss):          
Foreign currency translation gain (loss), net of tax  -1.30.3-0.3    0.0
    Comprehensive Loss  -66.5-52.2-69.7-19.4 -38.7-37.2-18.9
   
Net loss per share:          
Basic and diluted  ($0.83)($0.83)($1.20)($0.37) ($0.80)($1.15)($0.85)
   
Weighted-average shares outstanding:          
Basic and diluted  78.963.257.951.7 48.132.322.2

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