Financial Summary (All financials)
In millions, except per share items | Dec-31-05 | Dec-31-04 | Dec-31-03 | Dec-31-02 |
Revenues | 49.0 | 60.8 | 62.8 | 45.5 |
Revenue growth | -19.3% | -3.2% | 37.9% | |
Cost of goods sold | 25.9 | 46.0 | 56.9 | 0.0 |
Gross profit | 23.1 | 14.7 | 5.9 | 45.5 |
Gross margin | 47.1% | 24.2% | 9.4% | 100.0% |
Sales and marketing | 5.2 | 8.2 | 10.2 | 7.9 |
General and administrative | 10.8 | 13.1 | 14.9 | 11.4 |
EBIT | -7.3 | -18.2 | -29.8 | -35.8 |
EBIT margin | -14.8% | -29.9% | -47.5% | -78.7% |
Pre-tax income | -2.9 | -23.4 | -35.2 | -49.7 |
Income taxes | 0.0 | -0.1 | -0.1 | -13.7 |
Tax rate | 0.0% | 0.3% | 0.2% | 27.4% |
Earnings from continuing ops | -2.9 | -23.3 | -35.1 | -49.7 |
Earnings from discontinued ops | -5.5 | 0.1 | 0.1 | |
Net income | -8.4 | -23.2 | -35.0 | -49.7 |
Net margin | -17.2% | -38.2% | -55.7% | -109.3% |
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Diluted EPS | ($0.01) | ($0.20) | ($0.72) | ($0.77) |
Shares outstanding (diluted) | 421.7 | 116.1 | 48.6 | 64.9 |
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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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