| (Amounts are in millions) |
|
12/2017 |
|
12/2016 |
|
12/2015 |
|
|
Press Release |
|
Press Release |
|
Press Release |
| Net Sales or Revenues |
|
$29.32 |
|
$23.04 |
|
$24.88 |
| Cost of Goods Sold |
|
$1.83 |
|
$1.10 |
|
$0.64 |
|
|
 |
|
|
|
|
| Gross Profit |
|
$27.49 |
|
$21.94 |
|
$24.24 |
| |
|
|
|
|
|
|
| Research & Development Expense |
|
$16.69 |
|
$20.95 |
|
$24.09 |
| Selling, General, & Admin. Expense |
|
$12.14 |
|
$11.75 |
|
$12.85 |
|
|
|
|
|
|
|
| Income Before Depreciation |
|
($1.33) |
|
($10.76) |
|
($12.69) |
| |
|
|
|
|
|
|
| Depreciation, Depletion, Amortization |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Non-Operating Income |
|
$0.07 |
|
$0.07 |
|
$0.04 |
| Interest Expense |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Pretax Income |
|
($1.26) |
|
($10.69) |
|
($12.65) |
| |
|
|
|
|
|
|
| Provision for Income Taxes |
|
$0.00 |
|
$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 |
|
($1.26) |
|
($10.69) |
|
($12.65) |
| |
|
|
|
|
|
|
| Extraordinary Items & Disc. Operations |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Net Income |
|
($1.26) |
|
($10.69) |
|
($12.65) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Basic Earnings Per Share |
|
($0.03) |
|
($0.24) |
|
($0.29) |
| Diluted Earnings Per Share |
|
($0.03) |
|
($0.24) |
|
($0.29) |
| |
|
|
|
|
|
|
| Weighted Average Basic Shares Outstanding |
|
47.19 |
|
44.80 |
|
43.97 |
| Weighted Average Diluted Shares Outstanding |
|
47.19 |
|
44.80 |
|
43.97 |
| |
|
|
|
|
|
|
| Income Before Non-Recurring Items |
|
($1.26) |
|
($10.69) |
|
($12.65) |
| Income From Non-Recurring Items |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Diluted Earnings Per Share before extras |
|
($0.03) |
|
($0.24) |
|
($0.29) |
| |
|
|
|
|
|
|
| Dividend (preferred) |
|
N/A |
|
N/A |
|
N/A |
| Dividend (common) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Dividend Per Share (common) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
