Balance Sheet

  Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update) Year Ending Dec 2014 (Update) Year Ending Dec 2013 (Reclassified) Year Ending Dec 2012 (Update)
Cash & Equivalents 122.42 80.30 73.55 256.97 187.66
Short Term Investments 195.43 112.19 136.79 -- --
Cash and Short Term Investments 317.85 192.49 210.34 256.97 187.66
Accounts Receivable - Trade, Net 5.23 3.98 2.42 3.53 4.71
Receivables - Other -- -- -- -- --
Total Receivables, Net 5.23 3.98 2.42 3.53 4.71
Total Inventory 12.81 -- -- -- --
Prepaid Expenses 2.38 3.11 2.80 2.42 --
Restricted Cash - Current 10.70 10.70 -- 7.25 --
Other Current Assets 24.52 14.27 32.24 0.64 1.53
Other Current Assets, Total 35.21 24.97 32.24 7.89 1.53
Total Current Assets 373.48 224.54 247.80 270.81 193.91
Buildings - Gross 35.60 34.44 34.26 11.91 11.91
Land/Improvements - Gross 4.16 4.16 4.16 -- --
Machinery/Equipment - Gross 20.92 19.02 16.19 7.95 6.89
Construction in Progress - Gross 4.44 1.56 1.08 11.30 --
Other Property/Plant/Equipment - Gross 3.03 2.76 2.71 1.21 1.30
Property/Plant/Equipment, Total - Gross 68.15 61.94 58.40 32.38 20.11
Accumulated Depreciation, Total -30.35 -24.59 -19.90 -17.33 -16.71
Property/Plant/Equipment, Total - Net 37.80 37.34 38.50 15.05 3.40
Intangibles - Gross 11.21 9.26 7.97 6.66 7.54
Accumulated Intangible Amortization -3.13 -2.62 -2.08 -1.62 -2.63
Intangibles, Net 8.08 6.64 5.89 5.04 4.91
Discontinued Operations - Long Term Asset -- -- -- -- --
Restricted Cash - Long Term 0.78 0.78 0.78 0.65 --
Other Long Term Assets 3.97 4.47 2.06 0.03 2.78
Other Long Term Assets, Total 4.75 5.25 2.85 0.67 2.78
Total Assets 424.10 273.78 295.03 291.57 204.99
Accounts Payable 29.69 20.23 12.41 8.08 7.53
Accrued Expenses 31.02 29.05 17.37 14.60 2.74
Notes Payable/Short Term Debt -- -- -- -- --
Current Portion of Long Term Debt/Capital Leases 10.11 8.43 2.59 0.09 0.09
Customer Advances 3.30 3.30 3.32 3.30 3.30
Other Current Liabilities 1.31 1.28 1.19 9.89 65.22
Other Current liabilities, Total 4.61 4.58 4.50 13.19 68.52
Total Current Liabilities 75.42 62.29 36.87 35.97 78.89
Long Term Debt 6.04 14.97 1.48 1.58 1.67
Total Long Term Debt 6.04 14.97 1.48 1.58 1.67
Total Debt 16.15 23.40 4.07 1.67 1.76
Other Long Term Liabilities 5.95 6.17 9.04 6.84 0.76
Other Liabilities, Total 5.95 6.17 9.04 6.84 0.76
Total Liabilities 87.41 83.44 47.38 44.38 81.31
Convertible Preferred Stock – Non-Redeemable -- -- -- -- --
Preferred Stock - Non Redeemable, Net -- -- -- -- --
Common Stock 0.01 0.01 0.00 0.00 0.00
Common Stock, Total 0.01 0.01 0.00 0.00 0.00
Additional Paid-In Capital 1.50M 1.09M 926.77 790.42 554.93
Retained Earnings (Accumulated Deficit) -1,166.32 -899.06 -679.03 -543.24 -431.25
Other Comprehensive Income -0.12 -0.11 -0.10 -- --
Other Equity, Total -0.12 -0.11 -0.10 -- --
Total Equity 336.69 190.35 247.65 247.19 123.68
Total Liabilities & Shareholders' Equity 424.10 273.78 295.03 291.57 204.99
Shares Outstanding – Common Stock Primary Issue 54.76 45.63 41.31 37.75 31.70
Total Common Shares Outstanding 54.76 45.63 41.31 37.75 31.70
Treasury Shares – Common Primary Issue -- -- -- -- --
Employees 197.00 270.00 204.00 146.00 103.00
Number of Common Shareholders 230.00 240.00 193.00 202.00 195.00
Accumulated Intangible Amortization 3.13 2.62 2.08 1.62 2.63
Deferred Revenue - Current 3.30 3.30 3.32 3.30 3.30
Deferred Revenue - Long Term 5.95 6.17 6.78 6.84 0.76
Total Current Assets less Inventory 360.66 224.54 247.80 270.81 193.91
Quick Ratio 4.78 3.60 6.72 7.53 2.46
Current Ratio 4.95 3.60 6.72 7.53 2.46
Net Debt -301.70 -169.09 -206.28 -255.30 -185.90
Tangible Book Value 328.62 183.71 241.76 242.15 118.77
Tangible Book Value per Share 6.00 4.03 5.85 6.41 3.75
Total Long Term Debt, Supplemental 17.67 26.84 2.08 -- 1.76
Long Term Debt Maturing within 1 Year 10.99 9.17 0.17 -- 0.09
Long Term Debt Maturing in Year 2 5.29 10.99 0.17 -- 0.09
Long Term Debt Maturing in Year 3 0.17 5.29 0.17 -- 0.10
Long Term Debt Maturing in Year 4 0.17 0.17 0.17 -- 0.10
Long Term Debt Maturing in Year 5 0.17 0.17 0.17 -- 0.11
Long Term Debt Maturing in 2-3 Years 5.46 16.28 0.34 -- 0.19
Long Term Debt Maturing in 4-5 Years 0.34 0.34 0.34 -- 0.21
Long Term Debt Maturing in Year 6 & Beyond 0.88 1.05 1.22 -- 1.27
Total Operating Leases 20.17 24.80 29.16 27.92 13.36
Operating Lease Payments Due in Year 1 4.74 4.62 4.38 3.54 1.86
Operating Lease Payments Due in Year 2 4.85 4.73 4.61 3.81 1.78
Operating Lease Payments Due in Year 3 4.98 4.85 4.73 3.90 1.82
Operating Lease Payments Due in Year 4 5.10 4.97 4.85 3.99 1.46
Operating Lease Payments Due in Year 5 0.34 5.09 4.97 4.08 1.50
Operating Lease Payments Due in 2-3 Years 9.83 9.58 9.34 7.70 3.60
Operating Lease Payments Due in 4-5 Years 5.44 10.06 9.81 8.07 2.95
Standardized Operating Lease Payments Due in Year 6 and Beyond 0.17 0.54 5.63 8.62 4.95
Number of Patents 445.00 380.00 355.00 312.00 290.00
Number of Products in Phase I -- -- -- 2.00 2.00
Number of Products in Phase II 2.00 1.00 1.00 1.00 1.00
Number of Products in Phase III 1.00 1.00 1.00 -- --

In millions of USD (except for per share items)