In millions, except per share items | Sep-30-18 | Jun-30-18 | Mar-31-18 | Dec-31-17 | Sep-30-17 | Jun-30-17 | Mar-31-17 | Dec-31-16 |
| 10-Q | 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K |
Revenues: |
One automotive OEM customer | | | 2.2 | | | | 4.1 | |
One additional OEM customer | 0.2 | | 0.5 | | 0.4 | | | |
Other | 1.8 | | 2.3 | | 3.1 | | 4.1 | |
Total revenues | 2.0 | 2.4 | 4.9 | 4.9 | 3.5 | 3.6 | 8.2 | 8.6 |
Revenue growth [+] | -41.7% | -31.6% | -40.2% | -42.9% | -65.7% | -57.7% | -15.7% | -11.8% |
One automotive OEM customer | | | -47.4% | | | | -26.1% | |
One additional OEM customer | -38.9% | | | | | | | |
Cost of goods sold | 1.1 | 1.7 | 3.2 | 3.9 | 2.8 | 2.3 | 6.8 | 7.6 |
Gross profit | 0.9 | 0.8 | 1.7 | 1.0 | 0.7 | 1.3 | 1.4 | 0.9 |
Gross margin | 44.8% | 31.5% | 35.0% | 21.2% | 19.2% | 35.6% | 17.5% | 10.9% |
Selling, general and administrative [+] | 1.2 | 1.3 | 1.5 | 1.8 | 1.9 | 1.9 | 2.7 | 3.3 |
General and administrative | | | | 1.8 | | | | 3.3 |
Research and development | 0.5 | 0.6 | 0.8 | 0.8 | 1.1 | 0.9 | 1.1 | 0.7 |
EBITDA [+] | -0.8 | -1.1 | -0.4 | -1.3 | -2.1 | -1.4 | -2.2 | -2.9 |
EBITDA growth | -63.4% | -21.2% | -81.4% | -53.7% | 991.3% | -38.3% | -5.5% | 226.6% |
EBITDA margin | -38.6% | -45.4% | -8.3% | -27.2% | -61.5% | -39.4% | -26.6% | -33.6% |
Depreciation | 0.1 | 0.1 | 0.0 | 0.1 | 0.0 | 0.1 | 0.1 | 0.0 |
EBITA | -0.8 | -1.2 | -0.4 | -1.4 | -2.2 | -1.5 | -2.3 | -2.9 |
EBITA margin | -41.7% | -47.4% | -8.0% | -28.7% | -62.5% | -40.8% | -27.5% | -33.4% |
Amortization of intangibles | | | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 |
EBIT [+] | -0.8 | -1.2 | -0.5 | -1.5 | -2.3 | -1.6 | -2.4 | -3.1 |
EBIT growth | -62.8% | -25.6% | -79.2% | -50.9% | 502.9% | -39.7% | -2.6% | 167.0% |
EBIT margin | -41.7% | -47.4% | -10.0% | -30.7% | -65.4% | -43.6% | -28.7% | -35.7% |
Non-recurring items [+] | | | | -0.1 | 0.2 | -0.6 | | 5.3 |
Asset impairment | | | | -0.1 | 0.2 | -0.6 | | 5.3 |
Interest expense | | | | 0.0 | 0.1 | 0.1 | 0.1 | 0.8 |
Interest expense | | | | 0.0 | 0.1 | 0.1 | 0.1 | 0.8 |
Other income (expense), net [+] | 0.1 | 0.4 | 0.2 | 0.0 | 1.4 | 0.2 | -0.6 | 1.6 |
Gain (loss) on debt retirement | | | | | | | -0.2 | |
Other | 0.0 | 0.2 | -0.1 | -0.1 | -0.1 | 0.2 | -0.1 | 0.0 |
Pre-tax income | -0.7 | -0.8 | -0.3 | -1.4 | -1.2 | -0.8 | -3.1 | -7.6 |
Income taxes | 0.0 | 0.7 | 0.0 | 0.0 | -0.1 | 0.2 | 0.0 | 0.3 |
Tax rate | | | | | 9.8% | | 0.0% | |
Earnings from continuing ops | -0.8 | -1.5 | -0.3 | -1.4 | -1.1 | -1.0 | -3.1 | -7.9 |
Earnings from discontinued ops | | | | | 0.8 | | | |
Net income | -1.4 | -2.0 | -0.3 | -1.4 | -0.4 | -0.4 | -3.1 | -7.9 |
Net margin | -69.5% | -80.2% | -6.0% | -29.5% | -10.4% | -10.8% | -37.7% | -92.3% |
|
Basic EPS [+] | ($198.49) | ($0.09) | ($0.02) | ($0.09) | ($0.35) | ($62.39) | ($0.20) | ($1.29) |
Growth | 57298.0% | -99.9% | -90.5% | -92.9% | -83.9% | 108040.2% | -74.1% | 387.5% |
Diluted EPS [+] | ($0.20) | ($0.09) | ($0.02) | ($0.09) | ($0.35) | ($59.73) | ($0.20) | ($1.29) |
Growth | -42.6% | -99.8% | -90.5% | -92.9% | -83.9% | 103426.7% | -74.1% | 387.5% |
|
|
Shares outstanding (basic) [+] | 0.0 | 15.9 | 15.8 | 15.7 | 3.2 | 0.0 | 15.7 | 6.1 |
Growth | -99.9% | 100969.5% | 0.6% | 157.8% | -46.4% | -99.6% | 330.6% | 93.8% |
Shares outstanding (diluted) [+] | 3.8 | 15.9 | 15.8 | 15.7 | 3.2 | 0.0 | 15.7 | 6.1 |
Growth | 21.8% | 96657.7% | 0.6% | 157.8% | -46.4% | -99.6% | 330.6% | 93.8% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |