Financial Summary (All financials)
In millions, except per share items | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 | Dec-31-02 |
Revenues | 23.8 | 8.5 | 3.3 | 3.5 | 6.2 | 5.1 | 4.7 | 5.5 |
Revenue growth | 179.0% | 158.0% | -5.5% | -43.7% | 21.6% | 9.2% | -15.5% | -4.5% |
Cost of goods sold | 2.7 | 1.4 | 0.6 | 0.2 | 0.0 | 0.1 | 0.2 | 0.2 |
Gross profit | 21.2 | 7.1 | 2.7 | 3.3 | 6.2 | 5.0 | 4.5 | 5.4 |
Gross margin | 88.9% | 83.1% | 81.7% | 93.4% | 99.4% | 98.0% | 96.4% | 96.9% |
Selling, general and administrative | 9.4 | 12.1 | 14.3 | 14.1 | 13.2 | 9.5 | 10.4 | 7.6 |
Research and development | 12.4 | 21.0 | 23.6 | 22.9 | 17.8 | 20.2 | 20.6 | 17.0 |
EBITA | -0.4 | -25.6 | -34.7 | -33.1 | -24.4 | -24.3 | -26.2 | -19.0 |
EBITA margin | -1.7% | -300.3% | -1050.2% | -946.0% | -392.8% | -475.3% | -560.6% | -343.0% |
Amortization of intangibles | 0.3 | 0.4 | 0.4 | 0.6 | 0.5 | 0.4 | 0.2 | 0.2 |
EBIT | -0.7 | -26.0 | -35.1 | -33.7 | -24.9 | -24.7 | -26.4 | -19.2 |
EBIT margin | -2.9% | -304.6% | -1061.6% | -962.1% | -400.3% | -483.3% | -565.2% | -346.0% |
Pre-tax income | -1.5 | -26.7 | -34.5 | -31.3 | -22.9 | -23.8 | -26.0 | -19.0 |
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% | | | | |
Earnings from continuing ops | -1.5 | -26.7 | -34.5 | -31.3 | -22.9 | -23.8 | -26.0 | -19.0 |
Earnings from discontinued ops | | | | | | | 10.1 | 1.9 |
Net income | -1.5 | -26.7 | -34.5 | -31.3 | -22.9 | -23.8 | -15.9 | -17.1 |
Net margin | -6.3% | -313.3% | -1041.9% | -894.9% | -368.5% | -465.6% | -340.6% | -308.8% |
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Diluted EPS | ($0.05) | ($0.89) | ($1.48) | ($1.38) | ($1.05) | ($1.28) | ($1.56) | ($1.23) |
Shares outstanding (diluted) | 31.7 | 29.9 | 23.2 | 22.8 | 21.7 | 18.6 | 16.7 | 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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