(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 |