In millions, except per share items | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K/A |
Revenues: |
United States | 4.8 | 3.6 | 0.1 | 0.5 | 0.2 | | | |
Europe | 0.6 | 0.9 | 0.1 | 0.0 | 0.3 | | 0.0 | 0.2 |
North America | | | | | | | 0.3 | 0.3 |
Asia | | | | | 0.0 | | 0.0 | 0.1 |
Other | 1.7 | 1.5 | 1.1 | 0.0 | | | | 0.0 |
Total revenues | 7.2 | 6.0 | 1.3 | 0.6 | 0.5 | 2.2 | 0.4 | 0.6 |
Revenue growth [+] | 19.4% | 359.9% | 122.6% | 12.1% | -75.9% | 471.3% | -39.0% | 171.6% |
United States | 35.9% | 3281.4% | -78.8% | 139.3% | | | | |
Europe | -33.4% | 1582.8% | 16.1% | -84.1% | | | -84.7% | |
North America | | | | | | | 8.7% | |
Asia | | | | | | | -98.3% | |
Cost of goods sold | 3.2 | 2.6 | 0.6 | 0.4 | 1.4 | 0.9 | 0.3 | 0.2 |
Gross profit | 3.9 | 3.4 | 0.7 | 0.2 | -0.9 | 1.3 | 0.1 | 0.4 |
Gross margin | 55.1% | 57.1% | 56.0% | 28.2% | -168.1% | 60.2% | 30.7% | 61.2% |
Selling, general and administrative [+] | 9.8 | 9.2 | 5.3 | 3.8 | 9.5 | 7.2 | 5.0 | 3.8 |
Sales and marketing | 5.4 | 4.7 | 2.2 | 0.8 | 3.3 | 2.1 | 0.6 | 1.2 |
General and administrative | 4.4 | 4.4 | 3.0 | 3.0 | 6.2 | 5.1 | 4.4 | 2.6 |
Research and development | 9.3 | 6.7 | 5.4 | 6.2 | 8.3 | | 5.1 | 4.6 |
Other operating expenses | | | -3.4 | 0.6 | -9.3 | 6.7 | | |
EBITDA [+] | -14.2 | -11.6 | -5.8 | -9.5 | -8.6 | | -9.5 | -7.7 |
EBITDA growth | 22.2% | 99.0% | -38.4% | 10.4% | -31.7% | 32.2% | 23.0% | 31.7% |
EBITDA margin | -198.3% | -193.8% | -447.9% | -1618.3% | -1643.8% | -580.4% | -2508.6% | -1244.0% |
Depreciation | 0.4 | 0.3 | 0.7 | 0.9 | 0.8 | | 0.5 | 0.3 |
EBITA | -14.6 | -12.0 | -6.5 | -10.4 | -9.4 | -12.6 | -10.0 | -8.0 |
EBITA margin | -204.3% | -199.2% | -501.0% | -1772.4% | -1803.5% | -580.4% | -2638.6% | -1291.3% |
Amortization of intangibles | 0.5 | 0.5 | | | | | | |
EBIT [+] | -15.1 | -12.5 | -6.5 | -10.4 | -9.4 | -12.6 | -10.0 | -8.0 |
EBIT growth | 21.2% | 90.5% | -37.1% | 10.2% | -25.0% | 25.7% | 24.7% | 35.4% |
EBIT margin | -210.6% | -207.5% | -501.0% | -1772.4% | -1803.5% | -580.4% | -2638.6% | -1291.3% |
Non-recurring items [+] | | | 3.4 | -3.8 | 9.3 | | | |
Unusual expense | | | 3.4 | -3.8 | 9.3 | | | |
Legal settlement | | | 1,012.4 | | | | | |
Interest expense, net [+] | 0.0 | 0.5 | 2.9 | 0.0 | 3.3 | 0.0 | 0.0 | -0.1 |
Interest expense | 0.0 | 0.5 | 2.9 | 2.1 | 3.3 | 0.0 | 0.0 | 0.0 |
Interest income | | | | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 |
Other income (expense), net [+] | -0.1 | 2.3 | -3.5 | 0.5 | 8.9 | 0.5 | -0.6 | -0.1 |
Gain (loss) on debt retirement | | -0.1 | -5.0 | | | | | |
Gain (loss) on derivative instruments | 0.1 | 2.2 | -0.5 | | 9.3 | | | |
Change in value of contingent liability | 0.3 | 0.2 | | | | | | |
Other | -0.1 | 0.0 | 0.2 | 1.6 | 0.2 | 0.5 | | |
Pre-tax income | -15.2 | -10.7 | -16.3 | -8.2 | -13.1 | -12.1 | -10.6 | -8.0 |
Income taxes | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | | | | 0.3% | | 0.0% | 0.0% | 0.0% |
Net income | -20.0 | -10.7 | -17.7 | 0.0 | -22.8 | -12.8 | 0.0 | -8.1 |
Net margin | -279.0% | -178.2% | -1357.5% | 0.0% | -4367.3% | -590.7% | -2.8% | -1299.2% |
|
Basic EPS [+] | ($2.58) | ($4.17) | ($58.16) | $0.00 | ($0.55) | ($0.35) | ($0.39) | ($0.33) |
Growth | -37.9% | -92.8% | | -100.0% | 57.4% | -11.3% | 18.2% | -16.1% |
Diluted EPS [+] | ($2.58) | ($4.17) | ($58.16) | $0.00 | ($0.55) | ($0.35) | ($0.39) | ($0.33) |
Growth | -37.9% | -92.8% | | -100.0% | 57.4% | -11.3% | 18.2% | -16.1% |
|
Shares outstanding (basic) [+] | 7.7 | 2.6 | 0.3 | 0.4 | 41.5 | 36.6 | 0.0 | 24.2 |
Growth | 201.3% | 742.9% | -27.3% | -99.0% | 13.3% | 133510.7% | -99.9% | 60.2% |
Shares outstanding (diluted) [+] | 7.7 | 2.6 | 0.3 | 0.4 | 41.5 | 36.6 | 0.0 | 24.2 |
Growth | 201.3% | 742.9% | -27.3% | -99.0% | 13.3% | 133510.7% | -99.9% | 60.2% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |