Financial Summary (All financials)
In millions, except per share items | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 |
Revenues | 10.9 | 11.7 | 4.4 | 17.0 | 16.7 |
Revenue growth | -6.8% | 163.4% | -73.9% | 1.9% | |
Cost of goods sold | 3.4 | 3.2 | 1.8 | 2.3 | 2.0 |
Gross profit | 7.4 | 8.5 | 2.6 | 14.6 | 14.6 |
Gross margin | 68.4% | 72.5% | 59.2% | 86.2% | 87.8% |
Selling, general and administrative | | | 2.3 | 0.8 | 0.7 |
Sales and marketing | 0.2 | 0.2 | | | |
General and administrative | 0.4 | 0.4 | | | |
EBIT | -5.2 | -4.6 | -0.5 | 13.8 | 14.0 |
EBIT margin | -48.0% | -39.3% | -10.7% | 81.3% | 83.8% |
Pre-tax income | 0.0 | 0.4 | -1.2 | -1.9 | -0.7 |
Income taxes | -0.1 | -0.1 | 0.0 | 0.0 | 0.0 |
Tax rate | 1275.0% | | 0.0% | 0.0% | 0.0% |
Net income | 0.0 | 0.5 | -1.2 | -1.9 | -0.7 |
Net margin | 0.4% | 4.2% | -27.8% | -11.4% | -4.2% |
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Diluted EPS | $0.02 | $0.23 | ($0.64) | ($1.09) | ($0.41) |
Shares outstanding (diluted) | 2.3 | 2.1 | 1.9 | 1.8 | 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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