In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: |
CVD | 16.7 | 8.6 | 10.4 | 14.1 | 17.9 | 35.0 | 18.6 | 35.5 |
SDC | 6.5 | 4.8 | 4.4 | 4.5 | 5.5 | 7.4 | 2.9 | 5.7 |
Materials | 3.2 | 3.4 | 2.6 | 1.8 | 2.0 | 0.7 | | |
Total revenues | 25.8 | 16.4 | 16.9 | 19.6 | 24.3 | 41.1 | 21.0 | 39.0 |
Revenue growth [+] | 56.9% | -2.8% | -13.9% | -19.3% | -40.8% | 96.3% | -46.2% | 39.2% |
CVD | 94.1% | -17.3% | -26.2% | -21.2% | -48.9% | 88.3% | -47.7% | 48.9% |
SDC | 34.9% | 9.5% | -1.5% | -18.3% | -25.9% | 153.1% | -48.3% | 1.7% |
Materials | -5.5% | 31.2% | 43.1% | -10.4% | 171.9% | | | |
Cost of goods sold | 19.2 | 13.4 | 14.0 | 16.9 | 19.2 | 23.5 | 13.9 | 23.8 |
Gross profit | 6.6 | 3.1 | 2.9 | 2.8 | 5.2 | 17.6 | 7.1 | 15.1 |
Gross margin | 25.7% | 18.7% | 17.0% | 14.2% | 21.3% | 42.8% | 33.9% | 38.9% |
Selling, general and administrative [+] | 6.5 | 6.0 | 6.7 | 7.2 | 9.8 | 9.9 | 8.0 | 9.0 |
Sales and marketing | 1.2 | 0.9 | 0.6 | 0.9 | 1.6 | 1.4 | 1.1 | 1.2 |
General and administrative | 5.3 | 5.1 | 6.2 | 6.3 | 8.2 | 8.5 | 6.9 | 7.7 |
Research and development | 1.9 | 1.8 | 0.4 | 0.6 | 0.6 | 0.4 | 0.4 | 0.6 |
EBITDA [+] | -1.0 | -3.9 | -2.8 | -3.9 | -4.1 | 8.1 | -0.5 | 6.4 |
EBITDA growth | -75.6% | 38.3% | -28.1% | -4.2% | -150.9% | -1598.0% | -108.4% | 227.4% |
EBITDA margin | -3.7% | -23.8% | -16.8% | -20.1% | -16.9% | 19.7% | -2.6% | 16.5% |
Depreciation | 0.8 | 0.6 | 1.3 | 0.9 | 1.0 | 0.8 | 0.8 | 0.8 |
EBITA | -1.7 | -4.6 | -4.1 | -4.9 | -5.1 | 7.3 | -1.3 | 5.6 |
EBITA margin | -6.7% | -27.7% | -24.2% | -24.8% | -21.1% | 17.7% | -6.3% | 14.4% |
Amortization of intangibles | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 |
EBIT [+] | -1.8 | -4.7 | -4.2 | -5.0 | -5.3 | 7.2 | -1.4 | 5.6 |
EBIT growth | -60.9% | 10.4% | -15.2% | -5.1% | -172.8% | -633.4% | -124.2% | 381.2% |
EBIT margin | -7.1% | -28.4% | -25.0% | -25.4% | -21.6% | 17.6% | -6.5% | 14.3% |
Non-recurring items [+] | | | 3.6 | | | | -0.6 | 1.0 |
Asset impairment | | | 3.6 | | | | | |
Legal settlement | | | | | | | -0.6 | 1.0 |
Interest expense, net [+] | -0.2 | 0.3 | 0.4 | 0.3 | 0.3 | 0.0 | 0.1 | 0.1 |
Interest expense | 0.0 | 0.3 | 0.4 | 0.5 | 0.5 | 0.1 | 0.1 | 0.1 |
Interest income | 0.2 | 0.0 | 0.1 | 0.1 | 0.2 | 0.1 | 0.0 | 0.0 |
Other income (expense), net [+] | 1.4 | 9.7 | 0.6 | 0.4 | | 0.0 | 0.1 | 0.1 |
Gain (loss) on sale of assets | | 6.9 | | | | | | |
Gain (loss) on debt retirement | | 2.4 | | | | | | |
Gain (loss) on foreign currency transactions | -0.1 | -0.1 | | | | | | |
Other | 0.0 | 0.5 | 0.6 | 0.4 | | 0.0 | 0.1 | 0.0 |
Pre-tax income | -0.2 | 4.8 | -7.6 | -4.9 | -5.6 | 7.2 | -0.7 | 4.7 |
Income taxes | 0.0 | 0.0 | -1.5 | 1.4 | -0.4 | 1.9 | -0.5 | 1.3 |
Tax rate | | 0.6% | 20.1% | | 6.4% | 26.9% | 77.2% | 28.3% |
Net income | -0.2 | 4.7 | -6.1 | -6.3 | -5.2 | 5.3 | -0.1 | 3.2 |
Net margin | -0.9% | 28.9% | -35.9% | -32.2% | -21.4% | 12.8% | -0.7% | 8.2% |
|
Basic EPS [+] | ($0.03) | $0.71 | ($0.91) | ($0.96) | ($0.80) | $0.83 | ($0.02) | $0.52 |
Growth | -104.7% | -177.6% | -5.1% | 20.4% | -197.0% | -3578.4% | -104.6% | -228.6% |
Diluted EPS [+] | ($0.03) | $0.71 | ($0.91) | ($0.96) | ($0.80) | $0.82 | ($0.02) | $0.51 |
Growth | -104.7% | -177.4% | -5.1% | 20.4% | -197.2% | -3572.1% | -104.7% | -226.4% |
|
Shares outstanding (basic) [+] | 6.7 | 6.7 | 6.6 | 6.6 | 6.5 | 6.4 | 6.3 | 6.2 |
Growth | 0.7% | 0.7% | 1.2% | 1.0% | 1.9% | 1.4% | 1.8% | 0.7% |
Shares outstanding (diluted) [+] | 6.7 | 6.7 | 6.6 | 6.6 | 6.5 | 6.4 | 6.3 | 6.3 |
Growth | 0.4% | 1.0% | 1.2% | 1.0% | 1.7% | 1.6% | 0.0% | 2.5% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |