(Amounts are in millions) |
|
12/2017 |
|
12/2016 |
|
12/2015 |
|
|
Press Release |
|
Press Release |
|
 |
Net Sales or Revenues |
|
$31.84 |
|
$12.54 |
|
$5.24 |
Cost of Goods Sold |
|
$15.89 |
|
$6.43 |
|
$3.37 |
|
|
 |
|
 |
|
 |
Gross Profit |
|
$15.95 |
|
$6.11 |
|
$1.87 |
|
|
|
|
|
|
|
Research & Development Expense |
|
$14.10 |
|
$14.52 |
|
$15.43 |
Selling, General, & Admin. Expense |
|
$43.86 |
|
$28.98 |
|
$10.85 |
|
|
 |
|
 |
|
 |
Income Before Depreciation |
|
($42.01) |
|
($37.40) |
|
($24.42) |
|
|
|
|
|
|
|
Depreciation, Depletion, Amortization |
|
$0.00 |
|
$0.00 |
|
$0.00 |
Non-Operating Income |
|
($0.60) |
|
$0.29 |
|
$0.00 |
Interest Expense |
|
$1.96 |
|
$1.31 |
|
$0.00 |
|
|
 |
|
 |
|
 |
Pretax Income |
|
($44.58) |
|
($38.43) |
|
($24.42) |
|
|
|
|
|
|
|
Provision for Income Taxes |
|
$0.03 |
|
$0.00 |
|
$0.00 |
Minority Interest |
|
$0.00 |
|
$0.00 |
|
$0.00 |
Investment Gains (Losses) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
Other Income |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
 |
|
 |
|
 |
Income Before Extraordinaries |
|
($44.60) |
|
($38.43) |
|
($24.42) |
|
|
|
|
|
|
|
Extraordinary Items & Disc. Operations |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
 |
|
 |
|
 |
Net Income |
|
($44.60) |
|
($38.43) |
|
($24.42) |
|
|
 |
|
 |
|
 |
|
|
 |
|
 |
|
 |
|
|
|
|
|
|
|
Basic Earnings Per Share |
|
($4.22) |
|
($3.74) |
|
N/A |
Diluted Earnings Per Share |
|
($4.22) |
|
($3.74) |
|
N/A |
|
|
|
|
|
|
|
Weighted Average Basic Shares Outstanding |
|
10.58 |
|
10.28 |
|
N/A |
Weighted Average Diluted Shares Outstanding |
|
10.58 |
|
10.28 |
|
N/A |
|
|
|
|
|
|
|
Income Before Non-Recurring Items |
|
($44.60) |
|
($38.43) |
|
N/A |
Income From Non-Recurring Items |
|
$0.00 |
|
$0.00 |
|
N/A |
Diluted Earnings Per Share before extras |
|
($4.22) |
|
($3.74) |
|
N/A |
|
|
|
|
|
|
|
Dividend (preferred) |
|
N/A |
|
N/A |
|
N/A |
Dividend (common) |
|
$0.00 |
|
$0.00 |
|
N/A |
Dividend Per Share (common) |
|
$0.00 |
|
$0.00 |
|
$0.00 |