Financial Summary (All financials)
In millions, except per share items | Dec-31-17 | Dec-31-16 |
Revenues | 1.8 | 0.6 |
Revenue growth | 208.0% | |
Cost of goods sold | 1.1 | 1.0 |
Gross profit | 0.8 | -0.4 |
Gross margin | 42.4% | -68.7% |
Selling, general and administrative | 13.8 | 13.1 |
Research and development | 17.1 | 19.9 |
EBIT | -29.2 | -31.7 |
EBIT margin | -1589.8% | -5306.5% |
Pre-tax income | -40.9 | -36.1 |
Income taxes | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% |
Net income | 0.0 | 0.0 |
Net margin | -2.5% | -6.1% |
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Diluted EPS | ($3.40) | ($3.54) |
Shares outstanding (diluted) | 0.0 | 0.0 |
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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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