In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-15 | Dec-31-14 | Dec-31-13 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues [+] | 0.0 | 0.0 | 0.1 | 1.4 | 0.7 | 11.5 | 7.8 | 11.6 |
Licensing | | | | | | 3.4 | 0.4 | 0.2 |
Royalties | | | | | | 1.7 | 1.5 | 0.7 |
Products | | | | | | 6.4 | 5.8 | 10.5 |
Other | | | | | | | | 0.2 |
Revenue growth | | -100.0% | -89.3% | 90.1% | | 48.3% | -32.9% | 9.5% |
Cost of goods sold [+] | 0.0 | 0.0 | 0.1 | 0.2 | 2.9 | 8.0 | 6.8 | 8.5 |
Cost of product sales | | | | | | 6.3 | 6.6 | 8.4 |
Cost of licensing | | | | | | 1.5 | | |
Gross profit | 0.0 | 0.0 | 0.0 | 1.2 | -2.2 | 3.5 | 1.0 | 3.1 |
Gross margin | | | 21.6% | 88.1% | -304.0% | 30.8% | 12.8% | 26.9% |
Selling, general and administrative [+] | 0.1 | 0.4 | 0.8 | 2.1 | 4.5 | 15.3 | 15.7 | 15.3 |
Sales and marketing | | | 0.0 | 0.1 | 0.7 | 6.2 | 5.8 | 7.3 |
General and administrative [+] | 0.1 | 0.4 | 0.8 | 2.0 | 3.8 | 9.0 | 9.9 | 7.9 |
Wages and related expenses | | | | | | | | 7.3 |
General and administrative expenses | 0.1 | 0.4 | 0.8 | 2.0 | 3.8 | 9.0 | 9.9 | 6.8 |
Professional fees | | | | | | | | 1.2 |
Other selling, general and administrative | | | | | | | | 7.3 |
Research and development | | | 0.2 | 0.6 | 1.3 | 2.6 | 4.0 | 3.8 |
Other operating expenses | | | | | -1.8 | 0.0 | 0.1 | 2.1 |
EBITDA [+] | | | -0.9 | -1.4 | -5.1 | -13.5 | -18.2 | -17.0 |
EBITDA growth | -76.0% | -57.0% | -37.3% | -72.6% | | -25.8% | 7.2% | 2.9% |
EBITDA margin | | | -601.6% | -102.3% | -710.2% | -117.5% | -234.8% | -146.9% |
Depreciation | | | 0.1 | 0.1 | 0.3 | 0.7 | 0.6 | 1.1 |
EBITA | -0.1 | -0.4 | -1.0 | -1.5 | -5.4 | -14.3 | -18.8 | -18.1 |
EBITA margin | | | -663.0% | -109.8% | -746.6% | -124.0% | -242.7% | -156.4% |
Amortization of intangibles | | | | | 0.9 | | | |
EBIT [+] | -0.1 | -0.4 | -1.0 | -1.5 | -6.2 | -14.3 | -18.8 | -18.1 |
EBIT growth | -76.0% | -61.0% | -35.6% | -75.9% | | -24.2% | 4.1% | 2.2% |
EBIT margin | | | -663.0% | -109.8% | -864.7% | -124.0% | -242.7% | -156.4% |
Non-recurring items [+] | | | | | 9.3 | 27.0 | 4.6 | |
Asset impairment | | | | | 9.3 | 27.1 | 4.7 | |
Loss (gain) on sale of assets | | | | | | 0.0 | -0.1 | |
Interest expense, net [+] | | 0.0 | 0.2 | 0.0 | 0.0 | 39.3 | 1.7 | 0.6 |
Interest expense | | 0.0 | 0.2 | 0.0 | 0.0 | 39.3 | 1.7 | 0.6 |
Interest income | | | | | | | 0.0 | |
Other income (expense), net [+] | | 0.3 | 0.0 | 0.0 | 0.6 | 27.7 | 6.2 | -1.6 |
Amortization of financing costs and debt discount | | | | | | -37.6 | | |
Gain (loss) on debt retirement | | 0.3 | | | | | | |
Unrealized gain/loss on derivatives | | | | | | 29.8 | 8.1 | -0.5 |
Other | | | 0.0 | 0.0 | 0.6 | 0.0 | 0.0 | 0.0 |
Pre-tax income | -0.1 | -0.1 | -1.2 | -1.5 | -15.0 | -52.9 | -18.9 | -20.2 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -0.1 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.2% | | |
Net income | -0.1 | -0.1 | -1.2 | -1.5 | -15.0 | -52.8 | -18.9 | -20.2 |
Net margin | | | -817.4% | -112.5% | -2077.4% | -458.8% | -243.3% | -175.0% |
|
Basic EPS [+] | $0.00 | $0.00 | ($0.05) | ($0.07) | ($1.02) | ($0.42) | ($0.16) | ($0.20) |
Growth | -15.4% | -93.0% | -24.0% | -93.5% | | 167.6% | -19.8% | -19.3% |
Diluted EPS [+] | $0.00 | $0.00 | ($0.05) | ($0.07) | ($1.02) | ($0.42) | ($0.16) | ($0.20) |
Growth | -10.0% | -93.4% | -24.0% | -93.5% | | 167.6% | -19.8% | -19.3% |
|
|
Shares outstanding (basic) [+] | 30.3 | 25.7 | 23.7 | 23.3 | 14.6 | 126.0 | 120.5 | 103.6 |
Growth | 17.9% | 8.3% | 1.9% | 58.9% | | 4.5% | 16.3% | 26.6% |
Shares outstanding (diluted) [+] | 30.3 | 27.3 | 23.7 | 23.3 | 14.6 | 126.0 | 120.5 | 103.6 |
Growth | 10.9% | 15.1% | 1.9% | 58.9% | | 4.5% | 16.3% | 26.6% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |