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: |
Partner Solutions | 33.1 | 36.5 | 42.3 | 50.6 | 61.2 | | | |
Edge to Cloud | 3.4 | 3.9 | 4.9 | 8.7 | 12.3 | | | |
Professional Engineering Services | | | | | | | 15.3 | 20.4 |
Other | | | | | | | 82.2 | 86.2 |
Total revenues [+] | 36.5 | 40.4 | 47.1 | 59.3 | 73.4 | 80.8 | 97.4 | 106.6 |
Products | | | | | | | | 86.2 |
Technology services | | | | | | | 15.3 | 20.4 |
Revenue growth [+] | -9.6% | -14.4% | -20.5% | -19.2% | -9.2% | -17.1% | -8.6% | 11.1% |
Partner Solutions | -9.3% | -13.6% | -16.5% | -17.2% | | | | |
Edge to Cloud | -12.5% | -21.2% | -43.5% | -29.4% | | | | |
Professional Engineering Services | | | | | | | -25.1% | 3.7% |
Software | | | | | | | | 13.1% |
Cost of goods sold [+] | 31.0 | 35.0 | 39.4 | 49.2 | 57.9 | 62.7 | 95.1 | 101.3 |
Cost of product sales | | | | | | | | 70.9 |
Cost of technology services | | | | | | | 13.4 | 15.2 |
Gross profit | 5.5 | 5.4 | 7.7 | 10.1 | 15.5 | 18.1 | 2.4 | 5.3 |
Gross margin | 14.9% | 13.4% | 16.4% | 17.0% | 21.1% | 22.4% | 2.4% | 4.9% |
Selling, general and administrative | 8.5 | 8.0 | 9.3 | 11.3 | 17.1 | 21.0 | 14.1 | 12.4 |
Research and development | 1.0 | 1.3 | 0.3 | 5.8 | 8.6 | 6.6 | 2.9 | 1.6 |
Other operating expenses | | | | | | | -13.4 | -15.2 |
EBITDA [+] | -3.6 | -3.4 | -1.2 | -6.1 | -9.6 | -8.8 | -0.6 | 7.0 |
EBITDA growth | 6.4% | 179.0% | -79.9% | -36.4% | 8.7% | 1469.1% | -108.0% | 125.4% |
EBITDA margin | -9.9% | -8.4% | -2.6% | -10.2% | -13.0% | -10.9% | -0.6% | 6.6% |
Depreciation | 0.4 | 0.5 | 0.5 | 0.8 | 0.5 | 0.5 | 0.5 | 0.4 |
EBITA | -4.1 | -3.9 | -1.8 | -6.9 | -10.1 | -9.3 | -1.0 | 6.6 |
EBITA margin | -11.1% | -9.6% | -3.7% | -11.6% | -13.8% | -11.5% | -1.1% | 6.2% |
Amortization of intangibles | | | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
EBIT [+] | -4.1 | -3.9 | -1.9 | -7.0 | -10.2 | -9.4 | -1.2 | 6.4 |
EBIT growth | 4.3% | 109.9% | -73.4% | -31.6% | 8.2% | 713.6% | -118.0% | 158.9% |
EBIT margin | -11.1% | -9.6% | -3.9% | -11.8% | -13.9% | -11.7% | -1.2% | 6.0% |
Non-recurring items [+] | 0.2 | | | 2.3 | 3.7 | | | |
Asset impairment | | | | | 3.7 | | | |
Other income (expense), net | 0.4 | 1.7 | 0.0 | 0.1 | 0.2 | 0.2 | 0.2 | 0.1 |
Pre-tax income | -3.9 | -2.2 | -1.9 | -9.2 | -13.7 | -9.2 | -0.9 | 6.6 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -0.1 | 0.1 | 0.5 |
Tax rate | 0.0% | 0.0% | 0.0% | | | 1.6% | | 7.2% |
Net income | -3.9 | -2.2 | -1.9 | -9.2 | -13.7 | -9.1 | -1.1 | 6.1 |
Net margin | -10.6% | -5.6% | -4.0% | -15.5% | -18.7% | -11.2% | -1.1% | 5.7% |
|
Basic EPS [+] | ($188.66) | ($0.13) | ($0.14) | ($0.71) | ($1.08) | ($0.72) | ($0.09) | $0.51 |
Growth | 139925.7% | -6.3% | -79.8% | -34.1% | 50.2% | 738.2% | -116.8% | 151.9% |
Diluted EPS [+] | ($0.19) | ($0.13) | ($0.14) | ($0.71) | ($1.08) | ($0.72) | ($0.09) | $0.49 |
Growth | 40.0% | -6.3% | -79.8% | -34.1% | 50.2% | 738.2% | -117.5% | 146.6% |
|
Shares outstanding (basic) [+] | 0.0 | 16.6 | 13.1 | 12.9 | 12.7 | 12.6 | 12.3 | 11.9 |
Growth | -99.9% | 26.6% | 1.9% | 1.4% | 0.9% | 2.7% | 2.7% | 3.1% |
Shares outstanding (diluted) [+] | 20.4 | 16.6 | 13.1 | 12.9 | 12.7 | 12.6 | 12.3 | 12.4 |
Growth | 22.9% | 26.6% | 1.9% | 1.4% | 0.9% | 2.7% | -1.3% | 5.4% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |