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Income Statement
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APPLIED NEUROSOLUTIONS INC (APSN)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-09Dec-31-08Dec-31-07
   10-K10-K10-K
Revenues  1.60.81.1
            Revenue growth  85.1%-22.6% 
Cost of goods sold  1.31.62.0
Gross profit  0.3-0.8-0.9
            Gross margin  17.6%-95.9%-84.7%
Selling, general and administrative   [+]1.31.62.0
EBITDA   [+]-1.0-2.3-2.6
            EBITDA margin  -66.9%-269.5%-236.4%
Depreciation and amortization  0.00.00.0
EBIT   [+]-1.0-2.3-2.6
            EBIT margin  -67.5%-271.5%-237.8%
Interest income, net   [+]-0.10.00.0
Pre-tax income  -1.1-2.2-2.5
Income taxes  0.00.00.0
            Tax rate  0.0%0.0%0.0%
Net income  -1.1-2.2-2.9
            Net margin  -71.4%-266.4%-269.5%
   
Basic EPS   [+]($0.25)($0.51)($0.03)
Diluted EPS   [+]($0.25)($0.51)($0.03)
   
Shares outstanding (basic)   [+]4.44.3113.3
Shares outstanding (diluted)   [+]4.44.3113.3
   
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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