Balance Sheet

  Year Ending Dec 2018 (Update) Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update) Year Ending Dec 2014 (Update)
Cash & Equivalents 370.83 599.69 122.42 80.30 73.55
Short Term Investments 803.08 479.37 195.43 112.19 136.79
Cash and Short Term Investments 1,173.91 1,079.06 317.85 192.49 210.34
Accounts Receivable - Trade, Net 49.04 29.47 5.23 3.98 2.42
Receivables - Other 17.52 0.00 0.00 0.00 0.00
Total Receivables, Net 66.57 29.47 5.23 3.98 2.42
Inventories - Finished Goods 6.85 2.29 0.00 0.00 0.00
Inventories - Raw Materials 118.59 81.32 0.00 0.00 0.00
Total Inventory 125.45 83.61 12.81 0.00 0.00
Prepaid Expenses 19.88 14.10 2.38 3.11 2.80
Restricted Cash - Current 0.00 0.00 10.70 10.70 0.00
Discontinued Operations - Current Asset 0.00 1.50 0.00 0.00 0.00
Other Current Assets 40.38 20.91 24.52 14.27 32.24
Other Current Assets, Total 40.38 22.41 35.21 24.97 32.24
Total Current Assets 1,426.18 1,228.64 373.48 224.54 247.80
Buildings - Gross 43.91 28.18 35.60 34.44 34.26
Land/Improvements - Gross 4.16 4.16 4.16 4.16 4.16
Machinery/Equipment - Gross 33.43 18.83 20.92 19.02 16.19
Construction in Progress - Gross 40.01 7.81 4.44 1.56 1.08
Other Property/Plant/Equipment - Gross 3.66 2.21 3.03 2.76 2.71
Property/Plant/Equipment, Total - Gross 125.17 61.18 68.15 61.94 58.40
Accumulated Depreciation, Total -28.15 -18.02 -30.35 -24.59 -19.90
Property/Plant/Equipment, Total - Net 97.02 43.16 37.80 37.34 38.50
Intangibles - Gross 15.43 18.50 11.21 9.26 7.97
Accumulated Intangible Amortization -3.85 -4.15 -3.13 -2.62 -2.08
Intangibles, Net 11.57 14.36 8.08 6.64 5.89
LT Investments - Other 0.00 21.81 0.00 0.00 0.00
Long Term Investments 0.00 21.81 0.00 0.00 0.00
Deferred Charges 7.54 0.00 0.00 0.00 0.00
Discontinued Operations - Long Term Asset 0.00 0.00 0.00 0.00 0.00
Restricted Cash - Long Term 0.00 0.00 0.78 0.78 0.78
Other Long Term Assets 99.75 0.00 3.97 4.47 2.06
Other Long Term Assets, Total 107.29 0.00 4.75 5.25 2.85
Total Assets 1,642.08 1,307.96 424.10 273.78 295.03
Accounts Payable 33.83 8.47 29.69 20.23 12.41
Accrued Expenses 107.65 60.74 31.02 29.05 17.37
Notes Payable/Short Term Debt 0.00 0.00 0.00 0.00 0.00
Current Portion of Long Term Debt/Capital Leases 0.00 6.18 10.11 8.43 2.59
Customer Advances 3.30 3.32 3.30 3.30 3.32
Income Taxes Payable 0.30 0.94 0.00 0.00 0.00
Other Current Liabilities 28.61 8.69 1.31 1.28 1.19
Other Current liabilities, Total 32.21 12.95 4.61 4.58 4.50
Total Current Liabilities 173.69 88.33 75.42 62.29 36.87
Long Term Debt 420.55 424.88 6.04 14.97 1.48
Total Long Term Debt 420.55 424.88 6.04 14.97 1.48
Total Debt 420.55 431.05 16.15 23.40 4.07
Other Long Term Liabilities 15.56 5.54 5.95 6.17 9.04
Other Liabilities, Total 15.56 5.54 5.95 6.17 9.04
Total Liabilities 609.80 518.75 87.41 83.44 47.38
Convertible Preferred Stock – Non-Redeemable 0.00 0.00 0.00 0.00 0.00
Preferred Stock - Non Redeemable, Net 0.00 0.00 0.00 0.00 0.00
Common Stock 0.01 0.01 0.01 0.01 0.00
Common Stock, Total 0.01 0.01 0.01 0.01 0.00
Additional Paid-In Capital 2,611.29 2,006.60 1,503.13 1,089.51 926.77
Retained Earnings (Accumulated Deficit) -1,578.93 -1,217.01 -1,166.32 -899.06 -679.03
Other Comprehensive Income -0.10 -0.38 -0.12 -0.11 -0.10
Other Equity, Total -0.10 -0.38 -0.12 -0.11 -0.10
Total Equity 1,032.28 789.22 336.69 190.35 247.65
Total Liabilities & Shareholders' Equity 1,642.08 1,307.96 424.10 273.78 295.03
Shares Outstanding – Common Stock Primary Issue 71.07 64.79 54.76 45.63 41.31
Total Common Shares Outstanding 71.07 64.79 54.76 45.63 41.31
Treasury Shares – Common Primary Issue 0.00 0.00 0.00 0.00 0.00
Employees 499.00 255.00 197.00 270.00 204.00
Number of Common Shareholders 196.00 222.00 230.00 240.00 193.00
Accumulated Intangible Amortization 3.85 4.15 3.13 2.62 2.08
Deferred Revenue - Current 3.30 3.32 3.30 3.30 3.32
Deferred Revenue - Long Term 15.56 5.54 5.95 6.17 6.78
Total Current Assets less Inventory 1,300.74 1,145.04 360.66 224.54 247.80
Quick Ratio 7.49 12.96 4.78 3.60 6.72
Current Ratio 8.21 13.91 4.95 3.60 6.72
Net Debt -753.36 -648.01 -301.70 -169.09 -206.28
Tangible Book Value 1,020.70 774.86 328.62 183.71 241.76
Tangible Book Value per Share 14.36 11.96 6.00 4.03 5.85
Total Long Term Debt, Supplemental 570.00 601.33 17.67 26.84 2.08
Long Term Debt Maturing within 1 Year 0.00 6.33 10.99 9.17 0.17
Long Term Debt Maturing in Year 2 0.00 10.00 5.29 10.99 0.17
Long Term Debt Maturing in Year 3 0.00 10.00 0.17 5.29 0.17
Long Term Debt Maturing in Year 4 0.00 5.00 0.17 0.17 0.17
Long Term Debt Maturing in Year 5 0.00 0.00 0.17 0.17 0.17
Long Term Debt Maturing in 2-3 Years 0.00 20.00 5.46 16.28 0.34
Long Term Debt Maturing in 4-5 Years 0.00 5.00 0.34 0.34 0.34
Long Term Debt Maturing in Year 6 & Beyond 570.00 570.00 0.88 1.05 1.22
Total Operating Leases 77.72 15.35 20.17 24.80 29.16
Operating Lease Payments Due in Year 1 11.59 4.95 4.74 4.62 4.38
Operating Lease Payments Due in Year 2 11.40 4.99 4.85 4.73 4.61
Operating Lease Payments Due in Year 3 12.56 5.09 4.98 4.85 4.73
Operating Lease Payments Due in Year 4 10.76 0.33 5.10 4.97 4.85
Operating Lease Payments Due in Year 5 10.90 0.00 0.34 5.09 4.97
Operating Lease Payments Due in 2-3 Years 23.95 10.08 9.83 9.58 9.34
Operating Lease Payments Due in 4-5 Years 21.66 0.33 5.44 10.06 9.81
Standardized Operating Lease Payments Due in Year 6 and Beyond 20.52 0.00 0.17 0.54 5.63
Number of Patents 0.00 0.00 445.00 380.00 355.00
Number of Products in Phase I 1.00 0.00 0.00 0.00 0.00
Number of Products in Phase II 2.00 1.00 2.00 1.00 1.00
Number of Products in Phase III 1.00 0.00 1.00 1.00 1.00

In millions of USD (except for per share items)