Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
Revenues | 0.0 | 0.0 | 0.0 | 5.4 | 0.2 | 0.8 | 0.9 | 1.3 |
Revenue growth | | | -100.0% | 2977.3% | -76.9% | -16.5% | -30.5% | -31.1% |
Cost of goods sold | -9.8 | -0.1 | -6.3 | 0.0 | 0.1 | 0.5 | 0.7 | 0.8 |
Gross profit | 9.8 | 0.1 | 6.3 | 5.4 | 0.1 | 0.3 | 0.2 | 0.6 |
Gross margin | | | | 100.0% | 39.0% | 40.0% | 23.7% | 42.3% |
Research and development | 1.4 | 0.9 | 2.7 | 3.5 | 2.3 | 2.7 | 3.0 | 1.5 |
General and administrative | 7.1 | 8.3 | 5.8 | 6.7 | 4.4 | 5.2 | 5.4 | 3.8 |
EBITA | -7.9 | -13.2 | -14.3 | -20.8 | -6.6 | -7.6 | -6.6 | -4.8 |
EBITA margin | | | | -385.0% | -3760.5% | -1003.8% | -726.9% | -367.5% |
Amortization of intangibles | | 0.1 | 0.1 | | | | | |
EBIT | -7.9 | -13.3 | -14.4 | -20.8 | -6.6 | -7.6 | -6.6 | -4.8 |
EBIT margin | | | | -385.0% | -3760.5% | -1003.8% | -726.9% | -367.5% |
Pre-tax income | -7.8 | -14.4 | -10.7 | -15.7 | -7.1 | -6.3 | -4.3 | -3.7 |
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 | -12.0 | -15.2 | -11.4 | -19.0 | -7.4 | -7.0 | -4.3 | -3.7 |
Net margin | | | | -351.0% | -4207.3% | -921.3% | -474.2% | -278.9% |
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Diluted EPS | ($1.71) | ($3.59) | ($3.66) | ($8.54) | ($0.71) | ($1.48) | ($1.18) | ($0.24) |
Shares outstanding (diluted) | 7.0 | 4.2 | 3.1 | 2.2 | 10.4 | 4.7 | 3.6 | 15.5 |
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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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