In millions, except per share items | 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 |
Revenues: |
United States | 14.3 | 9.7 | 10.0 | 0.7 | 0.9 |
Russia | 1.1 | 0.7 | 0.9 | 0.3 | |
Total revenues | 15.4 | 10.4 | 10.9 | 1.0 | 0.9 |
Revenue growth [+] | 47.7% | -4.4% | 941.2% | 15.7% | |
United States | 47.1% | -2.5% | 1275.0% | -20.0% | |
Russia | 56.3% | -23.6% | 192.9% | | |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Gross profit | 15.4 | 10.4 | 10.9 | 1.0 | 0.9 |
Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
Selling, general and administrative [+] | 17.6 | 15.1 | 13.4 | 6.6 | 4.8 |
General and administrative | 17.6 | 15.1 | 13.4 | 6.6 | 4.8 |
Research and development | 37.3 | 28.9 | 24.4 | 13.1 | 11.4 |
EBITDA [+] | -37.1 | -31.8 | -25.5 | -17.5 | -14.6 |
EBITDA growth | 16.7% | 24.9% | 45.7% | 19.7% | |
EBITDA margin | -240.8% | -304.8% | -233.5% | -1667.9% | -1611.7% |
Depreciation and amortization | 2.4 | 1.7 | 1.4 | 1.2 | 0.7 |
EBIT [+] | -39.5 | -33.5 | -26.9 | -18.6 | -15.3 |
EBIT growth | 17.8% | 24.7% | 44.2% | 21.6% | |
EBIT margin | -256.4% | -321.4% | -246.4% | -1779.4% | -1693.0% |
Interest expense, net [+] | 1.8 | 0.3 | 0.7 | 0.6 | 1.7 |
Interest expense | 1.8 | 0.3 | 0.7 | 0.6 | 1.7 |
Interest income | | | | | 0.0 |
Other income (expense), net [+] | 4.7 | 1.3 | -0.1 | 0.0 | 0.1 |
Gain (loss) on foreign currency transactions | | | | | 0.4 |
Change in fair value of warrants | 5.7 | | -0.3 | | -0.3 |
Other | -0.1 | 1.3 | -0.1 | 0.0 | -1.5 |
Pre-tax income | -36.6 | -32.5 | -27.7 | -19.2 | -16.9 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Net income | -36.6 | -32.5 | -31.4 | -24.2 | -19.8 |
Net margin | -237.5% | -312.1% | -287.7% | -2312.0% | -2190.3% |
|
Basic EPS [+] | ($1.81) | ($1.97) | ($5.19) | ($11.70) | ($10.50) |
Growth | -8.3% | -62.0% | -55.7% | 11.4% | |
Diluted EPS [+] | ($1.81) | ($1.97) | ($5.19) | ($11.70) | ($10.50) |
Growth | -8.3% | -62.0% | -55.7% | 11.4% | |
|
Shares outstanding (basic) [+] | 20.2 | 16.5 | 6.0 | 2.1 | 1.9 |
Growth | 22.6% | 172.7% | 192.4% | 9.6% | |
Shares outstanding (diluted) [+] | 20.2 | 16.5 | 6.0 | 2.1 | 1.9 |
Growth | 22.6% | 172.7% | 192.4% | 9.6% | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |