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Income Statement
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INTEGRATED ENVIRONMENTAL TECHNOLOGIES, LTD. (IEVM)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08
   10-K10-K10-K10-K10-K10-K10-K/A10-K
Revenues:  
    Sales  0.60.20.10.10.30.8  
    Leasing and Licensing Fees    0.10.10.10.1  
    Other  0.00.0      
Total revenues   [+]0.60.20.10.20.40.80.00.5
            Revenue growth   [+]217.6%26.8%-5.6%-61.6%-51.8%597575.7%-100.0% 
Cost of goods sold   [+]0.20.10.00.00.1-0.10.00.3
Gross profit  0.40.10.10.10.30.90.00.2
            Gross margin  59.5%68.5%80.2%83.4%74.0%110.7%40.7%43.0%
Selling, general and administrative   [+]3.12.11.71.72.31.9 0.0
Research and development  0.30.30.20.30.20.3  
Other operating expenses   0.0  0.00.4 1.5
EBITDA   [+]-2.9-2.1-1.6-1.7-2.0-1.7 -1.2
            EBITDA margin  -493.9%-1138.4%-1102.2%-1121.3%-499.2%-198.5%40.7%-242.9%
Depreciation and amortization  0.10.10.20.10.10.0 0.0
EBIT   [+]-3.0-2.2-1.8-1.9-2.1-1.70.0-1.2
            EBIT margin  -509.5%-1184.5%-1219.8%-1197.8%-526.8%-199.4%40.7%-243.3%
Non-recurring items   0.0      
Interest expense, net   [+]0.10.0 0.10.10.1 0.3
Other income (expense), net   [+]  0.0 0.01.80.0 
Pre-tax income  -3.1-2.2-1.8-1.9-2.20.00.0-1.5
Income taxes  0.00.00.00.00.00.00.00.0
            Tax rate  0.0%0.0%0.0%0.0%0.0%  0.0%
Net income  -3.1-2.2-1.8-1.9-2.2-2.20.0-1.5
            Net margin  -519.9%-1203.9%-1251.1%-1241.8%-550.5%-259.4%0.0%-303.8%
   
Basic EPS   [+]($0.01)($0.01)($0.01)($0.01)($0.02)($0.02) ($0.02)
Diluted EPS   [+]($0.01)($0.01)($0.01)($0.01)($0.02)($0.02) ($0.02)
   
Shares outstanding (basic)   [+]298.0238.3187.3140.2117.4109.1 72.7
Shares outstanding (diluted)   [+]298.0238.3187.3140.2117.4109.1 72.7
   
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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