Fundamentals - Annual Income Statement

  Year Ending Dec 2018 (Update) Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update)
Net Sales 42.34 4.54 22.59 7.30
Revenue 42.34 4.54 22.59 7.30
Total Revenue 42.34 4.54 22.59 7.30
Cost of Revenue 1.18 -- -- --
Cost of Revenue, Total 1.18 -- -- --
Gross Profit 41.16 -- -- --
Selling/General/Administrative Expense 152.89 59.21 23.08 14.57
Labor & Related Expense 19.70 12.70 6.96 3.15
Selling/General/Administrative Expenses, Total 172.58 71.90 30.04 17.72
Research & Development 80.55 104.41 83.17 66.83
Purchased R&D Written-Off 0.89 128.56 -- --
Impairment-Assets Held for Use 1.13 0.00 0.00 2.39
Other Unusual Expense (Income) -- 0.00 0.00 0.12
Unusual Expense (Income) 2.02 128.56 0.00 2.52
Total Operating Expense 256.32 304.87 113.21 87.07
Operating Income -213.98 -300.33 -90.62 -79.77
Interest Expense - Non-Operating -15.64 -8.14 0.00 -0.15
Interest Expense, Net Non-Operating -15.64 -8.14 0.00 -0.15
Investment Income, Non-Operating -- -- -- --
Interest/Investment Income, Non-Operating -- -- -- --
Interest Income (Expense), Net Non-Operating 7.89 5.21 1.54 0.90
Interest Income (Expense), Net-Non-Operating, Total -7.75 -2.94 1.54 0.75
Net Income Before Taxes -221.73 -303.26 -89.08 -79.02
Income Tax – Total -0.19 0.00 0.00 -0.62
Income After Tax -221.54 -303.26 -89.08 -78.40
Net Income Before Extraordinary Items -221.54 -303.26 -89.08 -78.40
Net Income -221.54 -303.26 -89.08 -78.40
Income Available to Common Excluding Extraordinary Items -221.54 -303.26 -89.08 -78.40
Income Available to Common Stocks Including Extraordinary Items -221.54 -303.26 -89.08 -78.40
Basic Weighted Average Shares 42.00 40.56 33.04 26.73
Basic EPS Excluding Extraordinary Items -5.27 -7.48 -2.70 -2.93
Basic EPS Including Extraordinary Items -5.27 -7.48 -2.70 -2.93
Diluted Net Income -221.54 -303.26 -89.08 -78.40
Diluted Weighted Average Shares 42.00 40.56 33.04 26.73
Diluted EPS Excluding Extraordinary Items -5.27 -7.48 -2.70 -2.93
Diluted EPS Including Extraordinary Items -5.27 -7.48 -2.70 -2.93
DPS - Common Stock Primary Issue -- -- -- 0.00
Gross Dividends - Common Stock 0.00 0.00 0.00 0.00
Total Special Items 2.02 128.56 0.00 2.52
Normalized Income Before Taxes -219.72 -174.71 -89.08 -76.50
Effect of Special Items on Income Taxes 0.39 0.00 0.00 0.88
Income Taxes Excluding Impact of Special Items 0.20 0.00 0.00 0.26
Normalized Income After Taxes -219.92 -174.71 -89.08 -76.76
Normalized Income Available to Common -219.92 -174.71 -89.08 -76.76
Basic Normalized EPS -5.24 -4.31 -2.70 -2.87
Diluted Normalized EPS -5.24 -4.31 -2.70 -2.87
Depreciation, Supplemental 1.06 0.64 0.12 0.07
Interest Expense, Supplemental 15.64 8.14 0.00 0.15
Rental Expense, Supplemental 6.10 4.40 2.30 1.50
Stock-Based Compensation, Supplemental 29.65 20.70 11.00 5.13
Research & Development Expense, Supplemental 80.55 104.41 83.17 66.83
Audit-Related Fees, Supplemental 1.18 1.32 1.19 0.87
Audit-Related Fees 0.00 0.00 0.00 0.00
Tax Fees, Supplemental 0.03 0.03 0.02 0.02
All Other Fees Paid to Auditor, Supplemental 0.00 -- 0.00 0.00
Gross Margin 97.22 -- -- --
Operating Margin -505.40 -6,613.65 -401.26 -1,092.74
Pretax Margin -523.71 -6,678.29 -394.44 -1,082.48
Net Profit Margin -523.25 -6,678.29 -394.44 -1,073.96
Normalized EBIT -211.97 -171.77 -90.62 -77.25
Normalized EBITDA -210.91 -171.13 -90.50 -77.18

In millions of USD (except for per share items)

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