Financial Summary (All financials)
In millions, except per share items | Dec-31-04 | Dec-31-03 | Dec-31-02 | Sep-30-02 | Jun-30-02 | Mar-31-02 | Dec-31-01 | Dec-31-00 |
Revenues | 18.9 | 19.6 | 19.6 | 4.8 | 4.1 | 3.8 | 38.7 | 74.8 |
Revenue growth | -3.5% | 0.2% | -49.5% | | | | -48.3% | -42.2% |
Cost of goods sold | 59.0 | 54.6 | 24.1 | 9.2 | 14.5 | 9.5 | 1.9 | 97.3 |
Gross profit | -40.1 | -35.0 | -4.6 | -4.4 | -10.4 | -5.7 | 36.8 | -22.5 |
Gross margin | -212.2% | -178.9% | -23.5% | -91.5% | -256.5% | -147.6% | 95.2% | -30.1% |
Selling, general and administrative | 104.8 | 95.4 | 56.5 | 17.3 | 31.0 | 14.3 | 4.4 | 0.0 |
Sales and marketing | | | | | | | 1.9 | 0.0 |
EBIT | -85.9 | -75.8 | -26.6 | -12.6 | -16.7 | -10.4 | 32.4 | -22.5 |
EBIT margin | -454.4% | -387.1% | -136.3% | -262.0% | -409.3% | -272.3% | 83.8% | -30.1% |
Pre-tax income | -10.6 | 25.9 | 1.6 | -3.5 | 2.3 | -1.9 | -17.1 | -6.2 |
Income taxes | -4.3 | -3.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 40.6% | | 0.5% | 0.0% | 0.1% | | | 0.0% |
Net income | -6.3 | 29.0 | 1.6 | -3.5 | 2.3 | -1.9 | -18.3 | -6.2 |
Net margin | -33.3% | 148.2% | 8.0% | -74.0% | 57.4% | -49.8% | -47.2% | -8.3% |
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Diluted EPS | ($0.83) | $3.57 | $0.20 | ($0.45) | $0.30 | ($0.24) | $0.00 | $0.00 |
Shares outstanding (diluted) | 7.6 | 8.1 | 8.0 | 7.9 | 7.8 | 7.9 | 7,962.4 | 8,020.9 |
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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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