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AVIGEN INC (AVGN)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-08Dec-31-07Dec-31-06Dec-31-05Dec-31-04Dec-31-03Dec-31-02Oct-22-02
   10-K10-K10-K10-K10-K/A10-K/A10-K/A10-K
Revenues  7.120.70.112.02.20.50.186.4
            Revenue growth  -65.7%19978.6%-99.1%447.9%374.1%712.3%-39.4% 
Cost of goods sold  8.78.68.98.38.47.48.1177.0
Gross profit  -1.612.0-8.83.8-6.2-6.9-8.1-90.6
            Gross margin  -22.5%58.3%-8501.9%31.3%-281.2%-1498.1%-14191.2%-104.9%
Selling, general and administrative   [+]8.78.68.98.38.47.48.136.4
Research and development          
EBITDA   [+]-27.2-27.7-26.2 -21.9   
            EBITDA margin  -382.5%-134.0%-25391.3%-134.2%-998.0%-6207.6%-57715.8%-147.1%
Depreciation and amortization  0.71.61.3 3.6   
EBIT   [+]-27.8-29.3-27.4-16.1-25.5-28.7-32.9-127.0
            EBIT margin  -392.1%-141.7%-26627.2%-134.2%-1162.5%-6207.6%-57715.8%-147.1%
Interest income, net   [+]2.53.52.51.41.73.05.320.2
Other income (expense), net  0.30.70.60.1-0.1-0.1-0.1-0.1
Pre-tax income  -25.1-25.2-24.3-14.7-23.9-25.8-27.7-106.9
Income taxes  0.00.00.00.00.00.00.00.0
            Tax rate  0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Net income  -25.1-25.2-24.3-14.7-23.9-25.8-27.7-106.9
            Net margin  -353.5%-121.7%-23549.5%-122.2%-1089.9%-5566.7%-48664.9%-123.8%
   
Basic EPS   [+]($0.84)($0.90)($1.03)($0.71)($1.17)($1.28)($1.38) 
Diluted EPS   [+]($0.84)($0.90)($1.03)($0.71)($1.17)($1.28)($1.38) 
   
Shares outstanding (basic)   [+]29.928.023.520.720.420.120.1 
Shares outstanding (diluted)   [+]29.928.023.520.720.420.120.1 
   
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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