Financial Summary (All financials)
In millions, except per share items | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 |
Revenues | 112.6 | 50.2 | 16.7 | 0.0 | 0.0 | 40.0 | 41.8 | 47.8 |
Revenue growth | 124.3% | 200.6% | | | -100.0% | -4.2% | -12.6% | -99.2% |
Cost of goods sold | 38.0 | 23.3 | 12.4 | 0.0 | 0.0 | 40.0 | 41.8 | 47.8 |
Gross profit | 74.6 | 26.9 | 4.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Gross margin | 66.3% | 53.7% | 25.7% | | | 0.0% | 0.0% | 0.0% |
Selling, general and administrative | 94.5 | 86.8 | 81.5 | 39.3 | 24.6 | | | |
Sales and marketing | | | | | | 3.0 | 2.9 | 0.8 |
Research and development | 6.7 | 6.5 | 8.9 | 13.8 | 19.5 | | | |
General and administrative | | | | | | 11.1 | 9.6 | 4.9 |
EBITA | -26.2 | -67.6 | -86.0 | -53.4 | -44.5 | -56.5 | -54.2 | -53.6 |
EBITA margin | -23.3% | -134.7% | -515.3% | | | -141.3% | -129.8% | -112.0% |
Amortization of intangibles | 1.3 | 1.3 | 1.6 | | | | | |
EBIT | -27.5 | -69.0 | -87.6 | -53.4 | -44.5 | -56.5 | -54.2 | -53.6 |
EBIT margin | -24.5% | -137.4% | -524.7% | | | -141.3% | -129.8% | -112.0% |
Pre-tax income | -24.3 | -81.0 | -93.0 | -56.6 | -45.5 | -57.1 | -51.7 | -52.2 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Net income | -24.3 | -81.0 | -93.0 | -56.6 | -45.5 | -57.1 | -51.7 | -52.2 |
Net margin | -21.6% | -161.4% | -557.1% | | | -142.7% | -123.8% | -109.1% |
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Diluted EPS | ($0.28) | ($0.95) | ($1.41) | ($1.09) | ($0.93) | ($1.55) | ($1.81) | ($10.07) |
Shares outstanding (diluted) | 86.0 | 85.6 | 66.1 | 52.0 | 48.8 | 36.8 | 28.6 | 5.2 |
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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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