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Income Statement
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NEUROLOGIX INC (NRGX)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-10Dec-31-09Dec-31-08Dec-31-07Dec-31-03Dec-31-02Dec-31-01
   10-K10-K10-K10-K10-K10-K10-K
Revenues  6.07.83.94.80.00.04.6
            Revenue growth  -23.1%99.6%-17.8%  -100.0% 
Cost of goods sold  12.115.77.99.13.53.76.1
Gross profit  -6.0-7.8-3.9-4.3-3.5-3.7-1.5
            Gross margin  -100.0%-100.0%-100.0%-89.8%  -32.5%
Selling, general and administrative   [+]3.22.93.03.0 3.856.1
EBITDA   [+]-8.1-10.6-6.7-7.1-3.3-3.4-47.8
            EBITDA margin  -133.6%-134.9%-171.6%-149.7%  -1039.6%
Depreciation  0.70.10.10.10.20.32.5
EBITA  -8.7-10.7-6.8-7.3-3.5-3.7-50.3
            EBITA margin  -145.0%-135.9%-174.3%-151.9%  -1094.4%
Amortization of intangibles  0.50.10.10.0   
EBIT   [+]-9.3-10.7-6.9-7.3-3.5-3.7-50.3
            EBIT margin  -153.3%-136.9%-175.7%-152.9%  -1094.4%
Non-recurring items   [+]     0.17.3
Interest income       0.11.1
Other income (expense), net  -0.9-2.70.60.5-1.70.224.3
Pre-tax income  -10.2-13.5-6.3-6.8-5.1-3.5-32.2
Income taxes  0.00.00.00.00.00.00.0
            Tax rate  0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Net income  -13.4-16.4-9.7-13.8-5.1-3.5-32.2
            Net margin  -222.7%-209.5%-248.1%-288.2%  -700.6%
   
Basic EPS   [+]$0.00$0.00$0.00$0.00($0.03)($0.02)($0.23)
Diluted EPS   [+]$0.00$0.00$0.00$0.00($0.03)($0.02)($0.23)
   
Shares outstanding (basic)   [+]27,867.527,830.727,692.326,764.1179.8180.3138.5
Shares outstanding (diluted)   [+]27,867.527,830.727,692.326,764.1179.8180.3138.5
   
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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