Income Statement

  Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update) Year Ending Dec 2014 (Update) Year Ending Dec 2013 (Update)
Net Sales 154.58 5.42 1.25 9.76 14.22
Revenue 154.58 5.42 1.25 9.76 14.22
Total Revenue 154.58 5.42 1.25 9.76 14.22
Cost of Revenue 7.35 0.13
Cost of Revenue, Total 7.35 0.13
Gross Profit 147.23 5.29
Selling/General/Administrative Expense 100.76 63.29 53.33 37.24 23.96
Labor & Related Expense 21.92 20.46 21.71 12.08 7.24
Selling/General/Administrative Expenses, Total 122.68 83.75 75.04 49.32 31.19
Research & Development 166.71 188.27 146.39 94.22 72.51
Amortization of Intangibles, Operating 1.05
Depreciation/Amortization 1.05
Purchased R&D Written-Off
Restructuring Charge 0.01 0.80
Litigation 28.43
Impairment-Assets Held for Sale
Unusual Expense (Income) 28.43 0.01 0.80
Total Operating Expense 326.22 272.15 221.44 143.55 104.50
Operating Income -171.64 -266.73 -220.18 -133.79 -90.28
Interest Expense - Non-Operating -1.40 -0.10 -0.10
Interest Expense, Net Non-Operating -1.40 -0.10 -0.10
Investment Income, Non-Operating -- -- -2.78 -22.03
Interest/Investment Income, Non-Operating -- -- -2.78 -22.03
Interest Income (Expense), Net Non-Operating -1.99 -0.54 1.55 0.88 0.43
Interest Income (Expense), Net-Non-Operating, Total -1.99 -0.54 0.15 -2.00 -21.70
Gain (Loss) on Sale of Assets 125.00
Net Income Before Taxes -48.63 -267.27 -220.03 -135.79 -111.99
Income Tax – Total 2.06 --
Income After Tax -50.69 -267.27 -220.03 -135.79 -111.99
Net Income Before Extraordinary Items -50.69 -267.27 -220.03 -135.79 -111.99
Net Income -50.69 -267.27 -220.03 -135.79 -111.99
Income Available to Common Excluding Extraordinary Items -50.69 -267.27 -220.03 -135.79 -111.99
Income Available to Common Stocks Including Extraordinary Items -50.69 -267.27 -220.03 -135.79 -111.99
Basic Weighted Average Shares 58.82 48.70 42.29 40.03 33.85
Basic EPS Excluding Extraordinary Items -0.86 -5.49 -5.20 -3.39 -3.31
Basic EPS Including Extraordinary Items -0.86 -5.49 -5.20 -3.39 -3.31
Dilution Adjustment --
Diluted Net Income -50.69 -267.27 -220.03 -135.79 -111.99
Diluted Weighted Average Shares 58.82 48.70 42.29 40.03 33.85
Diluted EPS Excluding Extraordinary Items -0.86 -5.49 -5.20 -3.39 -3.31
Diluted EPS Including Extraordinary Items -0.86 -5.49 -5.20 -3.39 -3.31
DPS - Common Stock Primary Issue --
Gross Dividends - Common Stock -- -- -- -- --
Total Special Items -96.57 0.01 0.80
Normalized Income Before Taxes -145.20 -267.27 -220.03 -135.78 -111.19
Effect of Special Items on Income Taxes -33.80 -- --
Income Taxes Excluding Impact of Special Items -31.74 -- --
Normalized Income After Taxes -113.46 -267.27 -220.03 -135.78 -111.19
Normalized Income Available to Common -113.46 -267.27 -220.03 -135.78 -111.19
Basic Normalized EPS -1.93 -5.49 -5.20 -3.39 -3.28
Diluted Normalized EPS -1.93 -5.49 -5.20 -3.39 -3.28
Amortization of Intangibles, Supplemental 1.05 0.60 0.50 0.50 0.40
Depreciation, Supplemental 7.04 5.01 4.75 3.20 0.88
Interest Expense, Supplemental 1.40 0.10 0.10
Rental Expense, Supplemental 4.40 5.60 5.20 4.40 3.40
Stock-Based Compensation, Supplemental 30.47 29.96 32.12 20.35 11.13
Research & Development Expense, Supplemental 166.71 188.27 146.39 94.22 72.51
Audit-Related Fees, Supplemental 1.33 0.97 0.66 0.40 0.37
Audit-Related Fees 0.04 0.03 0.02 0.10 0.13
Tax Fees, Supplemental 0.16 0.08 0.04 0.04 0.01
All Other Fees Paid to Auditor, Supplemental 0.00 0.00
Gross Margin 95.24 97.60
Operating Margin -111.03 -4,920.31 -17,572.55 -1,371.21 -634.95
Pretax Margin -31.46 -4,930.18 -17,560.26 -1,391.71 -787.57
Net Profit Margin -32.79 -4,930.18 -17,560.26 -1,391.71 -787.57
Normalized EBIT -143.21 -266.73 -220.18 -133.78 -89.48
Normalized EBITDA -135.12 -261.12 -214.94 -130.08 -88.21
Defined Contribution Expense - Domestic 1.40 1.20 0.90
Total Pension Expense 1.40 1.20 0.90

In millions of USD (except for per share items)