
Merrill: Confidence...


| Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
| Sales | 110.92M | 82.76M | 55.16M | 24.17M |
| Cost of Sales | 39.08M | 23.68M | 22.23M | 11.57M |
| Gross Operating Profit | 71.85M | 59.08M | 32.94M | 12.60M |
| Selling, General, and Administrative Expenses | 53.94M | 42.31M | 26.64M | 16.44M |
| Research & Development | 83.55M | 50.15M | 33.11M | 15.07M |
| Operating Income before D & A (EBITDA) | -65.65M | -33.38M | -26.81M | -18.91M |
| Depreciation & Amortization | 11.95M | 9.25M | 2.21M | 1.64M |
| Interest Income | 243.00K | 0.00 | 564.01K | 100.55K |
| Other Income - Net | 1.04M | -1.75M | -502.34K | 360.73K |
| Special Income / Charges | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Income Before Interest Expenses (EBIT) | -76.31M | -44.38M | -28.97M | -20.09M |
| Interest Expense | 11.40M | 10.67M | 431.31K | 819.94K |
| Pre-Tax Income | -87.72M | -55.06M | -29.40M | -20.91M |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 |
| Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing Operations | -87.72M | -55.06M | -29.40M | -20.91M |
| Net Income From Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Total Operations | -87.72M | -55.06M | -29.40M | -20.91M |
| Extraordinary Income/Losses | 0.00 | 0.00 | 0.00 | 0.00 |
| Income From Cum. Effect of Acct. Change | 0.00 | 0.00 | 0.00 | 0.00 |
| Income From Tax Loss Carryforward | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Gains / Losses | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Net Income | -87.72M | -55.06M | -29.40M | -20.91M |
| Normalized Income (Net Income From Continuing Operations, Ex. Special Income / Charge) |
-87.72M | -55.06M | -29.40M | -20.91M |
| Preferred Dividends | ||||
|---|---|---|---|---|
| Net Income Available To Common | -87.72M | -55.06M | -29.40M | -20.91M |
| Basic EPS from Continuing Ops. | -6.15 | -3.94 | -2.17 | -2.15 |
| Basic EPS from Discontinued Ops. | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Total Operations | -6.15 | -3.94 | -2.17 | -2.15 |
| Basic EPS from Extraordinary Inc. | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Cum Effect of Accounting Change | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Tax Loss Carryf'd. | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Other Gains (Losses) | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS, Total | -6.15 | -3.94 | -2.17 | -2.15 |
| Basic Normalized Net Income/Share | -6.15 | -3.94 | -2.17 | -2.15 |
| EPS fr Continuing Ops. | -6.15 | -3.94 | -2.17 | -2.15 |
| EPS fr Discontinued Ops | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Total Ops. | -6.15 | -3.94 | -2.17 | -2.15 |
| EPS fr Extraord. Inc. | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Cum Effect of Accounting Change | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Tax Loss Carfd. | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Other Gains (L) | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS, Total | -6.15 | -3.94 | -2.17 | -2.15 |
| Diluted Normalized Net Inc/Shr (Net Income From Continuing Operations, Ex. Special Income / Charge) |
-6.15 | -3.94 | -2.17 | -2.15 |
| Dividends Paid per Share | 0.00 | 0.00 | 0.00 | 0.00 |