Income Statement
| Year Ending Dec 2023 (Update) | Year Ending Dec 2022 (Update) | Year Ending Dec 2021 (Update) | Year Ending Dec 2020 (Update) | |
|---|---|---|---|---|
| Net Sales | 176.23 | 111.30 | 110.70 | 118.19 |
| Revenue | 176.23 | 111.30 | 110.70 | 118.19 |
| Total Revenue | 176.23 | 111.30 | 110.70 | 118.19 |
| Selling/General/Administrative Expense | 45.02 | 49.44 | 49.80 | 54.91 |
| Labor & Related Expense | 12.15 | 13.25 | 13.42 | 12.19 |
| Selling/General/Administrative Expenses, Total | 57.17 | 62.68 | 63.22 | 67.10 |
| Research & Development | 221.66 | 249.90 | 230.82 | 180.65 |
| Restructuring Charge | 16.40 | -- | -- | -- |
| Impairment-Assets Held for Use | 155.01 | -- | -- | -- |
| Other Unusual Expense (Income) | -- | -- | -- | -- |
| Unusual Expense (Income) | 171.41 | -- | -- | -- |
| Other Operating Expense | -- | -- | -- | -- |
| Other Operating Expenses, Total | -- | -- | -- | -- |
| Total Operating Expense | 450.24 | 312.58 | 294.04 | 247.74 |
| Operating Income | -274.01 | -201.28 | -183.34 | -129.55 |
| Interest Income, Non-Operating | 11.10 | 9.43 | 5.35 | 8.78 |
| Interest/Investment Income, Non-Operating | 11.10 | 9.43 | 5.35 | 8.78 |
| Interest Income (Expense), Net Non-Operating | -- | -- | -- | -- |
| Interest Income (Expense), Net-Non-Operating, Total | 11.10 | 9.43 | 5.35 | 8.78 |
| Net Income Before Taxes | -262.90 | -191.85 | -177.99 | -120.78 |
| Income Tax – Total | -5.07 | 0.43 | 0.31 | 0.35 |
| Income After Tax | -257.83 | -192.28 | -178.30 | -121.12 |
| Minority Interest | 0.00 | 0.00 | 0.01 | 0.13 |
| Net Income Before Extraordinary Items | -257.83 | -192.28 | -178.29 | -121.00 |
| Net Income | -257.83 | -192.28 | -178.29 | -121.00 |
| Income Available to Common Excluding Extraordinary Items | -257.83 | -192.28 | -178.29 | -121.00 |
| Income Available to Common Stocks Including Extraordinary Items | -257.83 | -192.28 | -178.29 | -121.00 |
| Basic Weighted Average Shares | 174.44 | 154.35 | 144.57 | 134.45 |
| Basic EPS Excluding Extraordinary Items | -1.48 | -1.25 | -1.23 | -0.90 |
| Basic EPS Including Extraordinary Items | -1.48 | -1.25 | -1.23 | -0.90 |
| Diluted Net Income | -257.83 | -192.28 | -178.29 | -121.00 |
| Diluted Weighted Average Shares | 174.44 | 154.35 | 144.57 | 134.45 |
| Diluted EPS Excluding Extraordinary Items | -1.48 | -1.25 | -1.23 | -0.90 |
| Diluted EPS Including Extraordinary Items | -1.48 | -1.25 | -1.23 | -0.90 |
| DPS - Common Stock Primary Issue | -- | -- | -- | -- |
| Gross Dividends - Common Stock | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Special Items | 171.41 | -- | -- | -- |
| Normalized Income Before Taxes | -91.49 | -191.85 | -177.99 | -120.78 |
| Effect of Special Items on Income Taxes | 59.99 | -- | -- | -- |
| Income Taxes Excluding Impact of Special Items | 54.92 | 0.43 | 0.31 | 0.35 |
| Normalized Income After Taxes | -146.41 | -192.28 | -178.30 | -121.12 |
| Normalized Income Available to Common | -146.41 | -192.28 | -178.29 | -121.00 |
| Basic Normalized EPS | -0.84 | -1.25 | -1.23 | -0.90 |
| Diluted Normalized EPS | -0.84 | -1.25 | -1.23 | -0.90 |
| Amortization of Intangibles, Supplemental | -- | -- | -- | -- |
| Depreciation, Supplemental | 15.07 | 12.11 | 9.44 | 5.70 |
| Rental Expense, Supplemental | 9.42 | 11.03 | 10.84 | 10.40 |
| Stock-Based Compensation, Supplemental | 27.36 | 31.65 | 32.96 | 25.71 |
| Minority Interest, Supplemental | 0.00 | 0.00 | 0.01 | 0.13 |
| Research & Development Expense, Supplemental | 221.66 | 249.90 | 230.82 | 180.65 |
| Audit-Related Fees, Supplemental | -- | 2.10 | 1.86 | 1.83 |
| Audit-Related Fees | -- | -- | -- | -- |
| Tax Fees, Supplemental | -- | 0.14 | 0.10 | 0.07 |
| All Other Fees Paid to Auditor, Supplemental | -- | -- | -- | -- |
| Operating Margin | -155.48 | -180.85 | -165.61 | -109.61 |
| Pretax Margin | -149.18 | -172.37 | -160.79 | -102.19 |
| Net Profit Margin | -146.30 | -172.76 | -161.05 | -102.37 |
| Normalized EBIT | -102.59 | -201.28 | -183.34 | -129.55 |
| Normalized EBITDA | -87.53 | -189.17 | -173.90 | -123.85 |
| Current Tax - Foreign | 0.19 | 0.50 | 0.89 | -- |
| Current Tax - Total | 0.19 | 0.50 | 0.89 | -- |
| Deferred Tax - Foreign | -5.26 | -0.07 | -0.58 | -- |
| Deferred Tax - Total | -5.26 | -0.07 | -0.58 | -- |
| Income Tax - Total | -5.07 | 0.43 | 0.31 | -- |
| Defined Contribution Expense - Domestic | 1.80 | 1.50 | 1.50 | 1.20 |
| Total Pension Expense | 1.80 | 1.50 | 1.50 | 1.20 |
In millions of USD (except for per share items)
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