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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 |
Revenues: |
Product revenues | 1.4 | 2.7 | 3.6 | 2.6 | 0.5 | 0.0 | | |
Product fee revenues | 0.1 | 0.1 | 0.0 | | | | | |
Service revenues | | | 0.4 | 0.2 | 1.2 | 0.8 | 8.5 | |
Other | 0.0 | | | | | | | |
Total revenues [+] | 1.6 | 2.8 | 4.1 | 2.8 | 1.6 | 0.8 | 8.5 | 14.6 |
Royalties | 0.1 | 0.1 | 0.0 | 7.6 | 8.0 | | | |
Products | 1.4 | 2.7 | 3.6 | 2.6 | 0.5 | 0.0 | | |
Services | | | 0.4 | 0.2 | 1.2 | 0.8 | 8.5 | |
Revenue growth [+] | -43.8% | -31.6% | 44.7% | 72.3% | 99.5% | -90.4% | -41.8% | 62.3% |
Product revenues | -47.9% | -25.8% | 41.4% | 469.8% | 4000.0% | | | |
Product fee revenues | 57.3% | 85.4% | | | | | | |
Service revenues | | | 59.2% | -79.3% | 46.4% | -90.5% | | |
Cost of goods sold [+] | 0.5 | 1.0 | 1.4 | 1.0 | 0.6 | 0.8 | 8.4 | 13.8 |
Cost of product sales | | | 1.2 | 0.8 | 0.2 | 0.0 | | |
Cost of services | | | 0.1 | 0.1 | 0.4 | 0.8 | | |
Gross profit | 1.1 | 1.8 | 2.7 | 1.9 | 1.0 | 0.0 | 0.1 | 0.8 |
Gross margin | 67.8% | 65.7% | 65.9% | 66.0% | 62.1% | 4.0% | 0.7% | 5.2% |
Selling, general and administrative [+] | 3.9 | 6.8 | 13.3 | 17.0 | 10.5 | 8.1 | 7.5 | 4.5 |
Sales and marketing | 0.3 | 2.3 | 6.2 | 9.5 | 5.3 | 3.8 | | |
General and administrative | 3.6 | 4.5 | 7.1 | 7.6 | 5.2 | 4.3 | | |
Research and development | 1.8 | 2.4 | 3.7 | 7.6 | 8.0 | 6.5 | 8.5 | 6.9 |
EBITDA [+] | -4.5 | -7.2 | -14.2 | -22.5 | -17.1 | -14.1 | -15.2 | -10.0 |
EBITDA growth | -37.2% | -49.1% | -36.7% | 31.6% | 21.3% | -7.7% | 52.6% | -5.0% |
EBITDA margin | -290.1% | -259.5% | -348.9% | -797.7% | -1044.4% | -1717.5% | -179.4% | -68.5% |
Depreciation | 0.0 | 0.1 | 0.1 | 0.2 | 0.3 | 0.5 | 0.8 | 0.6 |
EBITA | -4.6 | -7.3 | -14.3 | -22.6 | -17.4 | -14.6 | -16.0 | -10.6 |
EBITA margin | -292.0% | -262.1% | -351.1% | -804.4% | -1064.9% | -1783.4% | -188.3% | -72.5% |
Amortization of intangibles | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | | | |
EBIT [+] | -4.6 | -7.4 | -14.4 | -22.7 | -17.5 | -14.6 | -16.0 | -10.6 |
EBIT growth | -37.1% | -48.8% | -36.8% | 30.0% | 19.7% | -8.6% | 51.2% | -4.9% |
EBIT margin | -295.7% | -264.2% | -352.9% | -807.4% | -1070.1% | -1783.4% | -188.3% | -72.5% |
Interest expense, net [+] | 0.2 | 0.7 | 1.2 | 1.1 | 0.1 | 2.8 | 0.1 | 4.5 |
Interest expense | 0.2 | 0.7 | 1.2 | 1.1 | 0.1 | 2.8 | 0.2 | 4.9 |
Interest income | | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.4 |
Other income (expense), net | -0.5 | 0.0 | -0.3 | 0.0 | 0.0 | 0.2 | 0.0 | |
Pre-tax income | -5.3 | -8.1 | -15.8 | -23.8 | -17.6 | -17.2 | -16.1 | -15.1 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1.0 | 1.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | | | 0.0% |
Net income | -7.0 | -8.1 | -15.8 | -23.8 | -17.7 | -17.2 | -16.1 | 0.0 |
Net margin | -444.3% | -289.3% | -389.1% | -844.4% | -1083.2% | -2095.5% | -190.1% | -0.1% |
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Basic EPS [+] | ($0.72) | ($0.99) | ($2.33) | ($1.18) | ($1.00) | ($5.78) | ($5.84) | ($5.52) |
Growth | -26.6% | -57.7% | 98.1% | 17.2% | -82.6% | -1.1% | 5.8% | 33.3% |
Diluted EPS [+] | ($0.72) | ($0.99) | ($2.33) | ($1.18) | ($1.00) | ($5.78) | ($5.84) | ($5.52) |
Growth | -26.6% | -57.7% | 98.1% | 17.2% | -82.6% | -1.1% | 5.8% | 33.3% |
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Shares outstanding (basic) [+] | 9.6 | 8.2 | 6.8 | 20.2 | 17.6 | 3.0 | 2.8 | 0.0 |
Growth | 17.5% | 20.2% | -66.3% | 14.6% | 493.6% | 7.5% | 95552.7% | 1.7% |
Shares outstanding (diluted) [+] | 9.6 | 8.2 | 6.8 | 20.2 | 17.6 | 3.0 | 2.8 | 0.0 |
Growth | 17.5% | 20.2% | -66.3% | 14.6% | 493.6% | 7.5% | 95552.7% | 1.7% |
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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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