NUPATHE INC. (PATH) [Rocket]

In millions, except per share items	Sep-30-13	Jun-30-13	Mar-31-13	Sep-30-12	Jun-30-12	Mar-31-12	Dec-31-11	Sep-30-11
	10-Q	10-Q	10-Q	10-Q	10-Q	10-Q	8-K	10-Q
Revenues						6.9	8.5	-11,826.7
Revenue growth						-100.1%	-100.1%	34.4%
Cost of goods sold						8.9	10.9	-26,798.1
Gross profit						-2.0	-2.4	14,971.4
Gross margin						-29.4%	-28.6%	-126.6%
Selling, general and administrative						9.8	9.4	3,140.8
Research and development						7.4		3.9
EBITDA [+]						-24.1		22,027.3
EBITDA growth						-100.1%	-100.1%	59.8%
EBITDA margin						-348.4%	-256.8%	-186.3%
Depreciation and amortization						0.1		0.1
EBIT [+]						-24.1	-21.8	22,027.2
EBIT growth						-100.1%	-100.1%	59.8%
EBIT margin						-349.3%	-257.4%	-186.3%
Interest expense, net [+]						1.7	1.4	3,512.7
Interest expense						1.7	1.5	3,536.3
Interest income						0.1	0.1	23.6
Pre-tax income						-25.8	-23.2	18,460.0
Income taxes						0.0	0.0	319.9
Tax rate						0.2%	0.2%	1.7%
Net income						-25.7	-23.2	18,140.2
Net margin						-372.9%	-273.5%	-153.4%

Basic EPS [+]						($1.75)	($1.58)	$1,453.78
Growth						-100.1%	-100.0%	-70.0%
Diluted EPS [+]						($1.75)	($1.58)	$1,453.78
Growth						-100.1%	-100.0%	-70.0%


Shares outstanding (basic) [+]						14.7	14.6	12.5
Growth						95.2%	268.2%	391.7%
Shares outstanding (diluted) [+]						14.7	14.6	12.5
Growth						95.2%	268.2%	391.7%

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