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 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Total revenues [+] | 18.4 | 17.5 | 31.6 | 22.5 | 17.7 | 13.7 | 11.5 | 13.4 |
Products | | | | | | 3.0 | | |
Services | 9.0 | 8.5 | 23.4 | 15.5 | 12.3 | 10.6 | 13.8 | 13.8 |
Revenue growth | 5.6% | -44.8% | 40.6% | 27.0% | 29.4% | 19.2% | -14.5% | 16.0% |
Cost of goods sold [+] | 10.1 | 9.3 | 17.9 | 12.3 | 10.3 | 6.8 | 7.9 | 10.1 |
Cost of product sales | | | | | | 2.5 | | |
Cost of services | | | | | | 4.3 | | |
Other cost of sales | 3.2 | 3.1 | 11.6 | 7.5 | 5.9 | | | |
Gross profit | 8.4 | 8.1 | 13.7 | 10.2 | 7.4 | 6.9 | 3.6 | 3.4 |
Gross margin | 45.3% | 46.5% | 43.5% | 45.5% | 41.8% | 50.2% | 31.4% | 25.1% |
Selling, general and administrative [+] | 9.3 | 10.8 | 11.4 | 11.8 | 9.0 | 7.5 | 8.1 | 6.9 |
Sales and marketing | 1.2 | 1.7 | 2.3 | 2.1 | 2.1 | 1.1 | 1.1 | 1.2 |
General and administrative | 8.1 | 9.1 | 9.1 | 9.7 | 6.9 | 6.4 | 6.9 | 5.8 |
Research and development | 0.6 | 1.1 | 1.4 | 1.3 | 1.0 | 0.9 | 0.8 | 0.5 |
Other operating expenses | 1.1 | 1.7 | -0.3 | 0.5 | 2.0 | | | |
EBITDA [+] | -1.2 | -3.9 | 1.1 | -3.3 | -4.6 | -1.5 | -5.3 | -4.1 |
EBITDA growth | -70.0% | -456.7% | -133.6% | -28.3% | 208.6% | -71.7% | 29.3% | 61.5% |
EBITDA margin | -6.4% | -22.6% | 3.5% | -14.7% | -26.0% | -10.9% | -45.9% | -30.3% |
Depreciation | 0.1 | 0.1 | 0.6 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 |
EBITA | -1.3 | -4.1 | 0.5 | -3.7 | -4.9 | -1.8 | -5.5 | -4.3 |
EBITA margin | -7.0% | -23.4% | 1.7% | -16.4% | -27.9% | -12.9% | -48.3% | -32.2% |
Amortization of intangibles | 1.3 | 1.3 | 0.7 | 0.8 | 1.2 | 1.7 | 1.8 | 0.6 |
EBIT [+] | -2.5 | -5.4 | -0.1 | -4.5 | -6.1 | -3.5 | -7.3 | -4.9 |
EBIT growth | -53.0% | 4830.0% | -97.5% | -26.5% | 74.7% | -52.1% | 49.2% | 73.6% |
EBIT margin | -13.8% | -31.1% | -0.3% | -19.9% | -34.5% | -25.5% | -63.6% | -36.4% |
Non-recurring items [+] | | 10.7 | | | | 1.1 | | |
Asset impairment | | 10.6 | | | | 1.1 | | |
Loss (gain) on sale of assets | | 0.0 | | | | | | |
Interest expense | 0.8 | 1.0 | 0.8 | 2.6 | 1.6 | 1.6 | 1.3 | 0.0 |
Interest expense | 0.8 | 1.0 | 0.8 | 2.6 | 1.6 | 1.6 | 1.3 | 0.0 |
Other income (expense), net [+] | 3.6 | 0.1 | 2.1 | -3.9 | 0.7 | 1.1 | 1.0 | 1.1 |
Gain (loss) on debt retirement | | 0.0 | | 0.5 | 0.9 | 1.0 | | |
Change in fair value of warrants | | | | | | | | 1.1 |
Other depreciation and amortization | 1.4 | 1.5 | | | | | 2.0 | |
Other non-ooperating expenses | | | | | | | | 0.0 |
Other | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | -0.1 | 0.0 |
Pre-tax income | 0.3 | -17.0 | 1.1 | -11.0 | -7.0 | -5.1 | -7.6 | -3.8 |
Income taxes | 0.0 | -0.2 | 0.1 | -0.4 | 0.0 | -0.4 | 0.4 | 0.0 |
Tax rate | 8.7% | 0.9% | 8.2% | 3.6% | 0.6% | 7.2% | | 0.0% |
Net income | 0.2 | -16.8 | 1.0 | -14.9 | -7.2 | -5.2 | -8.3 | -5.0 |
Net margin | 1.3% | -96.5% | 3.3% | -66.3% | -40.7% | -37.7% | -72.5% | -37.4% |
|
Basic EPS [+] | $0.02 | ($1.65) | $0.11 | ($4.14) | ($2.97) | ($0.08) | ($0.17) | ($0.14) |
Growth | -101.2% | -1651.6% | -102.6% | 39.4% | 3661.2% | -52.8% | 16.5% | 43.7% |
Diluted EPS [+] | $0.02 | ($1.65) | $0.11 | ($4.14) | ($2.97) | ($0.08) | ($0.17) | ($0.14) |
Growth | -101.2% | -1653.3% | -102.6% | 39.4% | 3661.2% | -52.8% | 16.5% | 43.7% |
|
Shares outstanding (basic) [+] | 11.8 | 10.2 | 9.7 | 3.6 | 2.4 | 65.4 | 49.8 | 35.0 |
Growth | 15.4% | 4.6% | 170.6% | 48.5% | -96.3% | 31.4% | 42.3% | 22.6% |
Shares outstanding (diluted) [+] | 11.8 | 10.2 | 9.8 | 3.6 | 2.4 | 65.4 | 49.8 | 35.0 |
Growth | 15.4% | 4.5% | 170.9% | 48.5% | -96.3% | 31.4% | 42.3% | 22.6% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |