Financial Summary (All financials)
In millions, except per share items | Dec-31-08 | Dec-31-07 |
Revenues | 2.3 | 3.4 |
Revenue growth | -34.0% | |
Cost of goods sold | 0.0 | 0.0 |
Gross profit | 2.3 | 3.4 |
Gross margin | 100.0% | 100.0% |
Selling, general and administrative | 0.0 | 0.0 |
EBIT | 0.0 | 0.0 |
EBIT margin | 0.0% | 0.0% |
Pre-tax income | -0.2 | 3.0 |
Income taxes | 0.2 | 1.4 |
Tax rate | | 47.9% |
Net income | -0.4 | 1.6 |
Net margin | -16.4% | 45.6% |
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Diluted EPS | ($0.02) | $0.13 |
Shares outstanding (diluted) | 17.5 | 12.1 |
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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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