USD | FY, 2012 | FY, 2013 | FY, 2014 |
---|---|---|---|

## Revenue | 160.7m | 260.2m | 729.7m |

| 180% | ||

## Cost of goods sold | 3.5m | 40.4m | |

## Gross profit | 256.7m | 689.3m | |

| 99% | 94% | |

## R&D expense | 29.3m | 85.1m | 172.5m |

## General and administrative expense | 11.3m | 104.0m | 168.0m |

## Operating expense total | 40.6m | 158.7m | 566.9m |

## Depreciation and amortization | 520.0k | ||

## EBIT | 120.1m | 97.9m | 122.4m |

| 75% | 38% | 17% |

## Interest expense | |||

## Interest income | 137.0k | 341.0k | 440.0k |

## Pre tax profit | 120.2m | 98.1m | 122.4m |

## Income tax expense | 2.6m | 31.1m | 36.3m |

## Net Income | 117.5m | 67.0m | 86.1m |

USD | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 |
---|---|---|---|---|---|---|---|---|---|---|---|

## Revenue | 37.0k | 77.9m | 1.9m | 102.7m | 2.8m | 54.7m | 79.1m | 119.4m | 113.0m | 207.1m | 205.8m |

## Cost of goods sold | 6.1m | 9.3m | 11.6m | 16.7m | |||||||

## Gross profit | 113.3m | 103.7m | 195.5m | 189.1m | |||||||

| 95% | 92% | 94% | 92% | |||||||

## R&D expense | 11.2m | 12.1m | 15.8m | 19.1m | 35.8m | 27.9m | 10.9m | 35.3m | 45.7m | 44.0m | 49.4m |

## General and administrative expense | 3.4m | 3.9m | 4.1m | 4.9m | 14.7m | 14.7m | 34.7m | 45.0m | 38.0m | 49.5m | |

## Operating expense total | 14.6m | 16.0m | 19.9m | 23.9m | 35.8m | 42.7m | 25.7m | 95.0m | 140.9m | 147.1m | 185.3m |

## Depreciation and amortization | 154.0k | 183.0k | 179.0k | ||||||||

## EBIT | (14.6m) | 61.9m | (18.0m) | 78.8m | (53.0m) | 12.0m | 53.4m | 18.2m | (37.2m) | 48.4m | 3.8m |

| (39354%) | 79% | (932%) | 77% | (1861%) | 22% | 68% | 15% | (33%) | 23% | 2% |

## Interest income | 35.0k | 33.0k | 61.0k | 53.0k | 76.0k | 110.0k | 148.0k | 80.0k | 82.0k | 1.0k | 167.0k |

## Pre tax profit | 61.9m | (17.9m) | 78.8m | (52.9m) | 12.0m | 53.6m | 18.3m | (37.2m) | 48.4m | 4.2m | |

## Income tax expense | 5.7m | (5.1m) | 3.2m | (974.0k) | (343.0k) | 11.2m | (12.0k) | (181.0k) | 6.9m | 86.0k | |

## Net Income | (14.5m) | 56.3m | (12.8m) | 75.6m | (51.9m) | 12.4m | 42.3m | 18.3m | (37.1m) | 41.4m | 4.1m |

USD | FY, 2012 | FY, 2013 | FY, 2014 |
---|---|---|---|

## Cash | 307.4m | 624.0m | 845.0m |

## Accounts Receivable | 26.7m | 11.0m | 64.3m |

## Prepaid Expenses | 2.7m | 9.3m | 20.6m |

## Inventories | 12.6m | 34.4m | |

## Current Assets | 346.5m | 740.8m | 1.0b |

## PP&E | 6.4m | 25.5m | 32.5m |

## Total Assets | 355.1m | 768.8m | 1.1b |

## Accounts Payable | 4.6m | 4.0m | 7.3m |

## Current Liabilities | 29.3m | 87.6m | 194.2m |

## Total Debt | |||

## Total Liabilities | 92.6m | 141.1m | 230.9m |

## Common Stock | 7.0k | 7.0k | 8.0k |

## Additional Paid-in Capital | 546.1m | 844.2m | 959.6m |

## Retained Earnings | (283.6m) | (216.6m) | (130.5m) |

## Total Equity | 262.5m | 627.6m | 829.2m |

## Financial Leverage | 1.4 x | 1.2 x | 1.3 x |

USD | FY, 2012 | FY, 2013 | FY, 2014 |
---|---|---|---|

## Net Income | 117.5m | 67.0m | 86.1m |

## Depreciation and Amortization | 595.0k | 2.2m | 4.4m |

## Accounts Receivable | (20.8m) | (11.0m) | (53.3m) |

## Inventories | (12.4m) | (21.0m) | |

## Accounts Payable | 1.6m | (37.0k) | 3.3m |

## Cash From Operating Activities | 110.7m | 88.8m | 183.8m |

## Purchases of PP&E | (2.4m) | (18.3m) | (13.9m) |

## Cash From Investing Activities | (6.4m) | (20.3m) | (23.4m) |

## Short-term Borrowings | |||

## Cash From Financing Activities | 5.2m | 248.1m | 60.8m |

## Net Change in Cash | 109.5m | 316.5m | 221.1m |

## Interest Paid | |||

## Income Taxes Paid | 980.0k | 820.0k | 10.4m |

USD | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 |
---|---|---|---|---|---|---|---|---|---|---|---|

## Net Income | (14.5m) | 41.7m | (12.8m) | 75.6m | (51.9m) | (39.6m) | 2.8m | 18.3m | (18.8m) | 22.6m | 4.1m |

## Depreciation and Amortization | 98.0k | 213.0k | 260.0k | 392.0k | 878.0k | 1.5m | 911.0k | 2.0m | 3.2m | 1.4m | |

## Accounts Receivable | (17.0k) | 1.1m | (2.9m) | 9.5m | (10.7m) | (27.1m) | (16.0m) | (34.3m) | (42.3m) | (12.7m) | |

## Inventories | (15.8m) | (25.0m) | (28.0m) | (14.5m) | |||||||

## Accounts Payable | 1.9m | 1.8m | 610.0k | 9.9m | (638.0k) | 833.0k | (2.8m) | 2.2m | (2.0m) | (4.4m) | |

## Cash From Operating Activities | (11.2m) | 123.9m | 81.0m | (7.1m) | (13.1m) | 32.7m | 55.5m | 48.3m | 93.8m | (4.9m) | |

## Purchases of PP&E | (384.0k) | (1.3m) | (908.0k) | (2.1m) | (7.9m) | (12.1m) | (6.2m) | (9.7m) | (11.7m) | (1.1m) | |

## Cash From Investing Activities | 5.8m | 13.1m | (5.1m) | (1.1m) | (9.1m) | (14.1m) | (6.0m) | (19.0m) | (21.2m) | (1.1m) | |

## Cash From Financing Activities | 4.5m | 5.5m | 2.4m | 203.3m | 209.0m | 222.4m | 5.2m | 13.0m | 27.9m | 35.7m | |

## Net Change in Cash | (832.0k) | 142.5m | 78.3m | 195.1m | 186.7m | 241.0m | 54.7m | 42.3m | 100.6m | 29.6m |

USD | Q1, 2012 |
---|---|

## Financial Leverage | 1.2 x |