Financial Summary (All financials)
In millions, except per share items | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | May-08-13 | Dec-31-12 | Dec-31-11 |
Revenues | 1.9 | 0.9 | 0.5 | 2.0 | 4.4 | 86.8 | 7.0 | 7,642.7 |
Revenue growth | 100.9% | 82.4% | -73.7% | -55.4% | -37.2% | | -99.9% | 5.1% |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 217.3 | 0.0 | 16,371.8 |
Gross profit | 1.9 | 0.9 | 0.5 | 2.0 | 4.4 | -130.5 | 7.0 | -8,729.1 |
Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | -150.3% | 100.0% | -114.2% |
Research and development | 21.7 | 38.3 | 62.1 | 45.5 | 24.0 | | 17.6 | |
General and administrative | 12.2 | 14.2 | 11.0 | 8.6 | 4.7 | 58.8 | 6.1 | 3,703.8 |
EBIT | -31.9 | -51.6 | -72.5 | -52.1 | -24.2 | -130.5 | -16.7 | -8,729.1 |
EBIT margin | -1681.6% | -5453.9% | -13996.4% | -2640.5% | -548.0% | -150.3% | -237.4% | -114.2% |
Pre-tax income | -40.6 | -53.0 | -74.8 | -53.3 | -23.9 | -145.9 | -10.5 | -20,140.7 |
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 | -40.6 | -53.0 | -74.8 | -54.2 | -33.9 | -145.2 | -10.8 | -20,077.7 |
Net margin | -2136.3% | -5608.7% | -14428.8% | -2744.1% | -766.1% | -167.2% | -153.8% | -262.7% |
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Diluted EPS | ($13.45) | ($33.14) | ($73.12) | ($3.12) | ($147.37) | | ($54.58) | ($188.58) |
Shares outstanding (diluted) | 3.0 | 1.6 | 1.0 | 17.4 | 0.2 | | 0.2 | 106.5 |
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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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