| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Net sales | |||||||||
1,300,029 | 1,207,570 | 1,056,231 | 981,120 | 757,044 | 296,955 | 74,016 | 18,844 | 6,927 | 2,376 |
Cost of goods sold | |||||||||
362,175 | 391,301 | 493,368 | 392,001 | 219,502 | 78,753 | 14,625 | 11,875 | 7,267 | 4,263 |
Sale of goods | |||||||||
- | - | - | - | - | - | - | - | - | 2,376 |
Gross sales | |||||||||
- | - | - | - | - | - | - | - | 6,939 | 2,376 |
Sales discounts and allowances | |||||||||
- | - | - | - | - | - | - | - | 12 | - |
Gross profit | |||||||||
937,854 | 816,269 | 562,863 | 589,119 | 537,542 | 218,202 | 59,391 | 6,969 | -340 | -1,887 |
OPERATING EXPENSES: | |||||||||
Research and development | |||||||||
103,200 | 82,800 | 225,000 | 60,707 | 41,865 | 17,460 | 10,084 | 16,837 | 15,358 | 17,697 |
Selling, general and administrative | |||||||||
697,111 | 692,485 | 655,093 | 603,048 | 440,305 | - | - | - | - | - |
Loss (gain) on sale of assets | |||||||||
-10,963 | 42,985 | - | - | - | - | - | - | - | - |
Impairment of long-lived assets | |||||||||
- | 46,096 | 22,270 | 71,260 | - | - | - | - | - | - |
Sales and marketing | |||||||||
- | - | - | - | - | 120,276 | 68,595 | 49,561 | 20,314 | 5,558 |
General and administrative | |||||||||
- | - | - | - | - | 88,957 | 23,566 | 19,444 | 15,008 | 18,612 |
Intangible impairment charge | |||||||||
- | - | - | - | - | - | - | - | 69,621 | - |
Total operating expenses | |||||||||
811,243 | 778,358 | 902,325 | 735,015 | 482,170 | 226,693 | 102,245 | 85,842 | 120,301 | 41,867 |
Operating loss | |||||||||
126,611 | 37,911 | -339,462 | -145,896 | 55,372 | -8,491 | -42,854 | -78,873 | -120,641 | -43,754 |
OTHER EXPENSE, NET: | |||||||||
Interest expense, net | |||||||||
-87,089 | -121,692 | -126,523 | -86,610 | -69,900 | -23,826 | -12,774 | 11,552 | 6,284 | 3,024 |
Loss on debt extinguishment | |||||||||
-58,835 | - | -978 | - | - | - | - | - | - | - |
Gain on divestiture | |||||||||
- | - | 7,965 | - | - | - | - | - | - | - |
Foreign exchange gain (loss) | |||||||||
33 | -192 | -260 | -1,005 | -1,237 | -3,905 | 1,206 | 489 | -1,023 | -273 |
Loss on induced conversion of debt and debt extinguishment | |||||||||
- | - | - | - | -77,624 | -29,390 | -26,404 | -2,973 | - | - |
Loss on sale of long-term investments | |||||||||
- | - | - | - | -29,032 | 0 | 0 | - | - | - |
Bargain purchase gain | |||||||||
- | - | - | - | - | 22,171 | - | - | - | 19,326 |
Loss on derivative fair value | |||||||||
- | - | - | - | - | 214,995 | 69,300 | - | - | - |
Other income, net | |||||||||
-944 | 841 | 447 | 6,697 | -10,291 | -11,251 | - | -56 | - | - |
Total other expense, net | |||||||||
-146,835 | -121,043 | -119,349 | -80,918 | -188,084 | -261,196 | -107,272 | -14,092 | -7,307 | 16,029 |
Loss before benefit for income taxes | |||||||||
-20,224 | -83,132 | -458,811 | -226,814 | -132,712 | -269,687 | -150,126 | -92,965 | -127,948 | -27,725 |
Benefit for income taxes | |||||||||
-593,244 | -44,752 | -108,686 | -61,251 | -172,244 | -6,084 | -1,121 | -5,171 | -14,683 | -660 |
Net loss | |||||||||
573,020 | -38,380 | -350,125 | -165,563 | 39,532 | -263,603 | -149,005 | -87,794 | -113,265 | -27,065 |
Net loss per ordinary share—basic and diluted | |||||||||
- | - | - | -1.03 | - | - | - | -2.26 | -12.56 | -21.16 |
Weighted average ordinary shares outstanding—basic and diluted | |||||||||
- | - | - | 160,699 | - | - | - | 38,871 | 9,014 | 1,279 |
Net income (loss) per ordinary share—basic | |||||||||
3.13 | -0.23 | -2.15 | - | 0.27 | -3.15 | -2.34 | - | - | - |
Weighted average ordinary shares outstanding—basic | |||||||||
182,930 | 166,155 | 163,122 | - | 148,788 | 83,751 | 63,657 | - | - | - |
Net income (loss) per ordinary share—diluted | |||||||||
2.90 | -0.23 | -2.15 | - | 0.25 | -3.15 | -2.34 | - | - | - |
Weighted average ordinary shares outstanding—diluted | |||||||||
205,224 | 166,155 | 163,122 | - | 155,923 | 83,751 | 63,657 | - | - | - |
OTHER COMPREHENSIVE LOSS, NET OF TAX | |||||||||
Foreign currency translation adjustments | |||||||||
-382 | -826 | 2,067 | -302 | 1,712 | -1,960 | 969 | 416 | -1,559 | -2,230 |
Pension remeasurements | |||||||||
- | -286 | -36 | 133 | - | - | - | - | - | - |
Other comprehensive loss | |||||||||
-382 | -540 | 2,103 | -435 | 1,712 | -1,960 | 969 | 416 | -1,559 | -2,230 |
Comprehensive loss | |||||||||
572,638 | -38,920 | -348,022 | -165,998 | 41,244 | -265,563 | -148,036 | -87,378 | -114,824 | -29,295 |