CEMPRA, INC. (MLNT) [Rocket]

In millions, except per share items	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14	Dec-31-13	Dec-31-12	Dec-31-11
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
License					4.3	4.3
Other					10.9	3.5
Total revenues [+]	137.5	33.9	0.0	0.0	15.2	7.8	0.0	0.0
Licensing					4.3	4.3
Contracts					9.6	3.5
Revenue growth [+]	306.0%			-100.0%	94.8%
License					0.1%
Cost of goods sold	41.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Gross profit	96.4	33.9	0.0	0.0	15.2	7.8	0.0	0.0
Gross margin	70.1%	100.0%			100.0%	100.0%
Selling, general and administrative [+]	133.3	63.3	19.4	14.2	12.1	9.4	6.1	3.7
General and administrative					12.1	9.4	6.1	3.7
Research and development	55.4	49.5	49.8	62.8	62.5	41.3	16.9	16.9
Other operating expenses	51.4
EBITDA [+]	-126.7	-78.5	-68.7	-76.3	-59.3	-42.9	-22.9	-20.5
EBITDA growth	61.5%	14.2%	-10.0%	28.7%	38.3%	87.3%	11.6%	10.1%
EBITDA margin	-92.2%	-231.8%			-389.9%	-548.8%
Depreciation	0.6	0.5	0.5	0.6	0.1	0.0	0.0	0.1
EBITA	-127.3	-78.9	-69.2	-76.9	-59.4	-42.9	-22.9	-20.6
EBITA margin	-92.6%	-233.1%			-390.4%	-549.3%
Amortization of intangibles	16.3
EBIT [+]	-143.6	-78.9	-69.2	-76.9	-59.4	-42.9	-22.9	-20.6
EBIT growth	82.0%	14.1%	-10.1%	29.5%	38.4%	87.1%	11.5%	10.2%
EBIT margin	-104.5%	-233.1%			-390.4%	-549.3%
Non-recurring items [+]	14.8
Asset impairment	25.1
Interest expense, net [+]	42.4	7.5	4.4	3.1	2.2	2.1	1.3	0.6
Interest expense	43.2	7.6	4.4	3.2	2.4	2.1	1.4	0.7
Interest income	0.7	0.2	0.0	0.0	0.1	0.0	0.1	0.1
Other income (expense), net [+]	43.6	27.4	-0.4	1.4
Gain (loss) on debt retirement	-2.6	-0.6
Gain (loss) on acquisitions / transactions		27.7
Change in fair value of warrants	33.2	0.3	0.8	0.0
Other	-1.9	-0.1	-0.2	-0.1	-2.2	-2.1	-1.3	-0.6
Pre-tax income	-157.3	-59.0	-73.9	-78.7	-61.6	-45.0	-24.2	-21.2
Income taxes	-0.1	-0.1	0.0	0.0	0.0	0.0	0.0	0.0
Tax rate	0.1%	0.2%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Net income	-157.2	-78.2	-95.0	-94.9	-61.6	-45.0	-24.5	-25.0
Net margin	-114.3%	-230.8%			-405.2%	-576.4%

Basic EPS [+]	($17.12)	($109.28)	($20,600.13)	($26,171.49)	($1.81)	($1.53)	($1.23)	($47.53)
Growth	-84.3%	-99.5%	-21.3%	1448839.3%	18.1%	23.9%	-97.4%	2.0%
Diluted EPS [+]	($17.12)	($109.28)	($20,600.13)	($26,171.49)	($1.81)	($1.53)	($1.23)	($47.53)
Growth	-84.3%	-99.5%	-21.3%	1448839.3%	18.1%	23.9%	-97.4%	2.0%

Shares outstanding (basic) [+]	9.2	0.7	0.0	0.0	34.1	29.4	19.9	0.5
Growth	1183.5%	15404.3%	27.2%	-100.0%	15.9%	48.1%	3682.2%	6.9%
Shares outstanding (diluted) [+]	9.2	0.7	0.0	0.0	34.1	29.4	19.9	0.5
Growth	1183.5%	15404.3%	27.2%	-100.0%	15.9%	48.1%	3682.2%	6.9%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.