Teligent, Inc. (TLGT) [Rocket]

In millions, except per share items	Dec-31-19	Dec-31-18	Dec-05-18	Dec-31-17	Dec-05-17	Dec-31-16	Dec-31-15	Dec-31-14
	10-K	10-K	8-K	10-K	8-K	10-K	10-K	10-K
Revenues:
Revenue, net	65.9	65.9	65.9	60.2	60.2	63.0	44.3	33.7
Revenue, net growth	0.0%	9.4%	9.4%	-4.5%		42.4%	31.1%	85.1%
Costs and expenses:
Cost of revenues	42.4	43.5		32.8		28.3
Selling, general and administrative expenses	20.8	23.4	23.4	19.9	19.9	15.0	11.3	6.0
Product development and research expenses	10.8	14.1	14.1	19.3	19.3	17.1	13.2	6.9
Total costs and expenses	73.9	81.0	81.0	72.0	72.0	60.5	47.4	29.8
Operating loss	-8.0	-15.1	-15.1	-11.8	-11.8	2.5	-3.2	3.9
Operating margin	-12.2%	-22.9%	-22.9%	-19.6%	-19.6%	4.0%	-7.2%	11.6%

Other income (expense):
Foreign currency exchange gain (loss)	-1.5	-3.4		7.7		-0.9	0.1
Interest and other expense, net							-13.4	-0.8
Gain on debt restructuring	-0.9
Change in the fair value of derivative liabilities							23.1	2.3
Loss before income tax expense	-25.0	-36.3	-36.3	-15.3	-15.3	-11.7	6.7	5.4
Income tax (benefit) expense	0.1	-0.1		-0.1	-0.1	0.3	0.0	0.2
Tax rate		0.2%	0.0%	0.6%	0.6%		0.5%	3.2%
Loss attributable to common shareholders			-36.3		-15.2

Loss per share
Basic loss per share (in dollars per share)	($0.47)	($0.68)	($0.68)	($0.28)	($0.28)	($0.23)	$0.13	$0.11
Diluted loss per share (in dollars per shares)	($0.47)	($0.68)	($0.68)	($15,191,000.00)	($0.28)	($0.23)	($0.07)	$0.09

Weighted average shares of common stock outstanding:
Basic (in shares)	53.8	53.6	53.6	53.3	53.3	53.1	52.9	49.8
Diluted (in shares)	53.8	53.6	53.6	53.3	53.3	53.1	67.1	64.2