Financial Summary (All financials)
In millions, except per share items | Dec-31-08 | Dec-31-07 |
Revenues | 16.2 | 22.4 |
Revenue growth | -27.6% | |
Cost of goods sold | 9.8 | 9.3 |
Gross profit | 6.4 | 13.2 |
Gross margin | 39.4% | 58.7% |
Sales and marketing | 4.7 | 4.8 |
Research and development | 2.1 | 2.2 |
General and administrative | 6.4 | 7.2 |
EBITA | -8.0 | -5.2 |
EBITA margin | -49.3% | -23.1% |
Amortization of intangibles | | 0.0 |
EBIT | -8.0 | -5.2 |
EBIT margin | -49.3% | -23.2% |
Pre-tax income | -15.8 | -6.2 |
Income taxes | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% |
Net income | -15.8 | -6.2 |
Net margin | -97.4% | -27.5% |
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Diluted EPS | ($1.45) | ($0.57) |
Shares outstanding (diluted) | 10.9 | 10.8 |
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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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