Financial Summary (All financials)
In millions, except per share items | Aug-31-15 | Aug-31-14 | Aug-31-13 | Aug-31-12 | Aug-31-11 | Aug-31-10 | Dec-31-08 | Dec-31-07 |
Revenues | 2.7 | 2.4 | 5.2 | 5.4 | 6.6 | 6.6 | 3.9 | 7.2 |
Revenue growth | 13.1% | -54.1% | -2.4% | -18.8% | 0.0% | | -45.1% | |
Cost of goods sold | 5.3 | 3.0 | 6.2 | 2.4 | 2.5 | 2.9 | 3.8 | 19.2 |
Gross profit | -2.5 | -0.6 | -1.0 | 3.0 | 4.1 | 3.7 | 0.2 | -12.0 |
Gross margin | -93.6% | -25.7% | -19.1% | 55.6% | 62.3% | 55.5% | 4.2% | -167.7% |
Selling, general and administrative | 15.9 | 14.5 | 15.2 | 12.6 | 10.0 | 9.2 | 8.8 | 9.8 |
Research and development | 9.7 | 14.2 | 16.4 | 19.2 | 19.0 | 16.7 | | |
EBIT | -28.2 | -29.0 | -32.6 | -28.8 | -24.9 | -22.2 | -28.9 | -21.9 |
EBIT margin | -1035.9% | -1204.5% | -621.6% | -536.3% | -376.3% | -336.2% | -733.4% | -304.3% |
Pre-tax income | -28.2 | -29.3 | -32.5 | -29.4 | -36.4 | -22.5 | -26.9 | -20.4 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | -0.1 | 0.0 |
Tax rate | | | | | 0.1% | | 0.5% | |
Net income | -28.2 | -29.3 | -32.5 | -29.4 | -36.3 | -22.6 | -26.8 | -20.5 |
Net margin | -1035.1% | -1219.7% | -620.1% | -547.6% | -549.2% | -341.4% | -678.9% | -284.9% |
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Diluted EPS | ($4.57) | ($6.48) | ($1.31) | ($2.18) | ($18.34) | ($11.70) | ($14.68) | ($3.84) |
Shares outstanding (diluted) | 6.2 | 4.5 | 24.8 | 13.5 | 2.0 | 1.9 | 1.8 | 5.3 |
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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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