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 | 5.5 | 6.9 | 6.6 | 7.1 | 11.6 | 9.0 | 10.3 | 9.8 |
Revenue growth | -20.1% | 3.5% | -6.4% | -38.8% | 29.3% | -12.5% | 4.8% | -34.9% |
Cost of goods sold | 2.6 | 3.0 | 3.1 | 3.6 | 5.1 | 4.1 | 8.9 | 7.8 |
Gross profit | 2.9 | 3.9 | 3.6 | 3.5 | 6.5 | 4.8 | 1.4 | 1.9 |
Gross margin | 52.9% | 57.0% | 53.9% | 49.5% | 56.0% | 53.9% | 13.3% | 19.9% |
Sales and marketing | 1.7 | 1.6 | 2.0 | 3.3 | 4.0 | 5.5 | 8.7 | 6.7 |
Research and development | 1.4 | 1.3 | 1.2 | 1.1 | 1.1 | 1.0 | 0.7 | 0.9 |
General and administrative | 3.7 | 3.1 | 3.2 | 3.7 | 3.5 | 3.5 | 5.8 | 6.4 |
EBITA | -4.0 | -2.1 | -2.8 | -4.8 | -0.5 | -9.0 | -20.4 | -12.7 |
EBITA margin | -72.2% | -31.2% | -42.8% | -67.4% | -4.3% | -100.1% | -198.5% | -129.5% |
Amortization of intangibles | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.2 | 1.2 |
EBIT | -4.0 | -2.2 | -2.9 | -4.8 | -0.5 | -9.1 | -20.6 | -13.9 |
EBIT margin | -72.4% | -31.3% | -43.5% | -67.9% | -4.4% | -101.3% | -200.8% | -141.8% |
Pre-tax income | -3.4 | -1.3 | -1.7 | -3.2 | -0.6 | -7.2 | -2.7 | -5.1 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | -1.7 | -1.1 | -0.4 | -0.1 |
Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 285.6% | 15.9% | 15.3% | 1.4% |
Net income | -3.4 | -1.3 | -1.7 | -3.2 | 1.1 | -6.1 | -2.2 | -5.2 |
Net margin | -62.4% | -18.8% | -25.0% | -45.0% | 9.4% | -67.6% | -21.9% | -52.7% |
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Diluted EPS | ($0.31) | ($0.12) | ($0.15) | ($0.29) | $0.10 | ($0.55) | ($0.20) | ($0.48) |
Shares outstanding (diluted) | 11.1 | 11.1 | 11.1 | 11.1 | 11.1 | 11.1 | 11.1 | 10.8 |
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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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