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 |
Revenues: |
Overhoff | 1.7 | 1.2 | 2.3 | 2.5 | 2.2 | 1.5 | 2.0 | 1.0 |
Optron | 0.5 | 0.6 | 1.2 | 1.2 | 0.8 | 0.6 | 0.6 | 0.9 |
Total revenues [+] | 2.1 | 1.8 | 3.5 | 3.6 | 3.1 | 2.1 | 2.7 | 1.6 |
Products | 2.1 | 1.8 | | | | | | 1.6 |
Net interest income | | | 0.0 | | | | | |
Revenue growth [+] | 21.9% | -50.5% | -2.6% | 18.4% | 46.4% | -20.9% | 62.0% | -30.5% |
Overhoff | 38.1% | -49.0% | -5.1% | 10.0% | 51.2% | -26.0% | 109.3% | -34.1% |
Optron | -13.0% | -53.5% | 2.6% | 41.3% | 34.7% | -5.1% | -28.2% | 0.0% |
Cost of goods sold [+] | 1.8 | 1.3 | 1.6 | 1.7 | 1.7 | 1.3 | 1.2 | 0.9 |
Sales commissions and fees | 0.9 | 0.8 | | 0.7 | | | | |
Gross profit | 0.4 | 0.5 | 1.9 | 1.9 | 1.3 | 0.8 | 1.4 | 0.7 |
Gross margin | 16.4% | 27.1% | 54.7% | 53.0% | 43.8% | 36.9% | 53.0% | 44.7% |
Selling, general and administrative [+] | 0.8 | 0.5 | 1.8 | 1.0 | 1.3 | 1.1 | 1.0 | 1.0 |
General and administrative [+] | 0.8 | 0.5 | 1.8 | 1.0 | | | | |
Wages and related expenses | | | 0.9 | | | | | |
General and administrative expenses | 0.7 | 0.3 | 0.6 | 0.7 | | | | |
Professional fees | 0.2 | 0.2 | 0.4 | 0.3 | | | | |
Other operating expenses | 0.9 | 2.1 | 2.6 | 2.2 | | 1.2 | | |
EBITDA [+] | -1.4 | -2.1 | -2.5 | -1.2 | 0.2 | -1.5 | 0.4 | -0.3 |
EBITDA growth | -34.7% | -15.3% | 97.0% | -804.0% | -111.8% | -447.7% | -244.9% | 0.9% |
EBITDA margin | -63.6% | -118.8% | -69.4% | -34.3% | 5.8% | -71.4% | 16.2% | -18.2% |
Depreciation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
EBITA | -1.4 | -2.1 | -2.5 | -1.3 | 0.2 | -1.5 | 0.4 | -0.3 |
EBITA margin | -63.7% | -118.9% | -69.5% | -34.5% | 5.3% | -72.0% | 16.0% | -18.6% |
Amortization of intangibles | | | | 0.1 | 0.1 | 0.1 | | |
EBIT [+] | -1.4 | -2.1 | -2.5 | -1.3 | 0.0 | -1.6 | 0.4 | -0.3 |
EBIT growth | -34.6% | -15.3% | 88.1% | -3896.6% | -102.2% | -473.6% | -239.3% | 2.1% |
EBIT margin | -63.7% | -118.9% | -69.5% | -36.0% | 1.1% | -75.6% | 16.0% | -18.6% |
Non-recurring items | | | | 1.1 | | | | |
Interest expense | 0.0 | 0.0 | | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Interest expense | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Other income (expense), net [+] | -0.5 | -1.4 | -0.6 | 0.0 | | | | |
Amortization of financing costs and debt discount | | -0.5 | | | | | | |
Amortization of debt discount premium | | | 0.0 | | | | | |
Gain (loss) on debt retirement | 0.3 | | | | | | | |
Other | 0.0 | | 0.0 | 0.0 | | | | |
Pre-tax income | -1.9 | -3.5 | -3.2 | -2.4 | 0.0 | -1.6 | 0.4 | -0.3 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Net income | -1.9 | -3.5 | -3.2 | -2.4 | 0.0 | -1.6 | 0.4 | -0.3 |
Net margin | -90.3% | -201.8% | -89.3% | -66.2% | 0.3% | -76.6% | 15.1% | -19.6% |
|
Basic EPS [+] | ($0.07) | ($0.16) | ($0.17) | ($0.15) | $0.00 | ($0.12) | $0.03 | ($0.03) |
Growth | -56.0% | -7.2% | 14.6% | -20875.7% | -100.6% | -491.7% | -209.1% | 799.0% |
Diluted EPS [+] | ($0.07) | ($0.16) | ($0.17) | ($0.15) | $0.00 | ($0.12) | $0.03 | ($0.03) |
Growth | -56.0% | -7.2% | 14.6% | -20875.7% | -100.6% | -491.7% | -209.1% | 799.0% |
|
Shares outstanding (basic) [+] | 27.4 | 22.1 | 18.3 | 16.0 | 14.0 | 13.6 | 13.3 | 11.7 |
Growth | 24.0% | 20.7% | 14.6% | 14.4% | 2.3% | 2.7% | 13.9% | 23.1% |
Shares outstanding (diluted) [+] | 27.4 | 22.1 | 18.3 | 16.0 | 14.0 | 13.6 | 13.3 | 11.7 |
Growth | 24.0% | 20.7% | 14.6% | 14.4% | 2.3% | 2.7% | 13.9% | 23.1% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |