In millions, except per share items | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | S-1/A |
Revenues [+] | 30.4 | 26.1 | 17.0 | 22.8 | 1.9 | 0.0 | 1.2 | 5.1 |
Royalties | | | | | | | 4.3 | 4.5 |
Products | | | 16.9 | 4.2 | | | | |
Net interest income | | | 1.3 | 1.2 | | | | |
Revenue growth | 16.1% | 54.1% | -25.7% | 1089.1% | | -100.0% | -76.4% | |
Cost of goods sold | 7.4 | 5.2 | 3.7 | 3.3 | 0.0 | 0.0 | 0.0 | 4.5 |
Gross profit | 22.9 | 21.0 | 13.3 | 19.6 | 1.9 | 0.0 | 1.2 | 0.6 |
Gross margin | 75.5% | 80.3% | 78.4% | 85.7% | 100.0% | | 100.0% | 12.3% |
Selling, general and administrative [+] | 57.8 | 69.6 | 58.6 | 42.8 | 16.7 | 5.1 | 2.2 | 2.1 |
Sales and marketing | 33.7 | 35.5 | 27.9 | 16.3 | 0.9 | | | |
General and administrative | 24.1 | 34.1 | 30.7 | 26.5 | 15.7 | 5.1 | 2.2 | 2.1 |
Research and development | 3.5 | 14.7 | 33.8 | 27.1 | 22.4 | 6.3 | 4.3 | |
Other operating expenses | -2.2 | 2.1 | 2.0 | 2.0 | | | | 4.5 |
EBITDA [+] | -32.0 | -60.4 | -76.9 | -49.2 | -36.5 | -10.9 | -4.9 | |
EBITDA growth | -47.0% | -21.5% | 56.3% | 34.8% | 235.1% | 122.6% | -17.2% | |
EBITDA margin | -105.5% | -231.0% | -453.3% | -215.5% | -1900.8% | | -407.3% | -116.0% |
Depreciation and amortization | 4.2 | 5.1 | 4.1 | 3.0 | 0.6 | 0.5 | 0.4 | |
EBIT [+] | -36.2 | -65.4 | -81.0 | -52.2 | -37.1 | -11.4 | -5.3 | -5.9 |
EBIT growth | -44.7% | -19.2% | 55.2% | 40.6% | 226.5% | 114.8% | -10.4% | |
EBIT margin | -119.3% | -250.4% | -477.6% | -228.7% | -1934.2% | | -441.0% | -116.0% |
Non-recurring items | 21.4 | 2.8 | | | | | | |
Interest expense, net [+] | -41.3 | 16.8 | 12.1 | 7.5 | 7.1 | 8.8 | -0.1 | 0.5 |
Interest expense | | 17.7 | 12.1 | 7.5 | 7.1 | 8.8 | | 0.5 |
Interest income | 41.3 | 0.9 | | | | | 0.1 | |
Other income (expense), net [+] | -79.1 | 15.7 | 1.4 | 1.0 | 1.0 | 0.0 | -0.2 | 0.0 |
Reorganization items | 9.0 | | | | | | | |
Gain (loss) on debt retirement | | 13.2 | | | | | | |
Unrealized gain/loss on derivatives | -12.3 | -2.5 | -0.6 | -0.3 | | | | |
Gain (loss) on foreign currency transactions | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.2 | 0.0 | 0.0 |
Other | -0.1 | 0.8 | 0.8 | 0.9 | 1.0 | 0.2 | 0.1 | |
Pre-tax income | -95.5 | -69.4 | -91.7 | -58.7 | -43.2 | -20.2 | -5.4 | -6.5 |
Income taxes | 0.0 | 0.0 | -1.1 | -0.7 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 1.2% | 1.2% | | | 0.0% | 0.0% |
Net income | -95.5 | -69.4 | -90.6 | -57.9 | -43.2 | -20.2 | -5.4 | -6.5 |
Net margin | -314.5% | -265.4% | -534.3% | -253.8% | -2250.7% | | -449.5% | -126.8% |
|
Basic EPS [+] | ($1.81) | ($2.05) | ($3.70) | ($2.94) | ($2.97) | ($15.64) | ($4.18) | ($5.00) |
Growth | -12.0% | -44.4% | 26.0% | -1.1% | -81.0% | 274.3% | -16.4% | |
Diluted EPS [+] | ($1.81) | ($2.05) | ($3.70) | ($2.94) | ($2.97) | ($15.64) | ($4.18) | ($5.00) |
Growth | -12.0% | -44.4% | 26.0% | -1.1% | -81.0% | 274.3% | -16.4% | |
|
Shares outstanding (basic) [+] | 52.8 | 33.8 | 24.5 | 19.7 | 14.6 | 1.3 | 1.3 | 1.3 |
Growth | 56.3% | 37.7% | 24.2% | 35.6% | 1026.4% | 0.0% | 0.0% | |
Shares outstanding (diluted) [+] | 52.8 | 33.8 | 24.5 | 19.7 | 14.6 | 1.3 | 1.3 | 1.3 |
Growth | 56.3% | 37.7% | 24.2% | 35.6% | 1026.4% | 0.0% | 0.0% | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |