Targacept Inc. (TRGT) Income Statement

Income Statement for Targacept Inc.  (TRGT) 
$ 6.07   -0.14 (-2.25%) Volume: 162.75 k 4:00 PM EST Feb 10, 2012
After Hours:  $ 6.11   0.04 (+0.66%) Volume: 670  4:27 PM EST Feb 10, 2012
Statement: View:
Income [+] in Thousands of Dollars
12/2010 12/2009 12/2008 12/2007 12/2006
Operating Revenue 85,713 25,062 20,085 11,576 27,538
Total Revenue 85,713 25,062 20,085 11,576 27,538
Adjustments to Revenue - - - - -
Cost of Revenue 2,413 (15,206) 1,051 192 364
Cost of Sales With Depreciation - 17,041 749 715 457
Gross Margin 88,126 9,856 21,136 11,768 27,901
Gross Operating Profit 88,126 9,856 21,136 11,768 27,901
Selling/General/Admin Expense (8,052) (8,167) (6,499) (8,013) (5,696)
Research & Development (64,546) (40,179) (40,981) (34,619) (21,788)
Advertising - - - - -
EBITDA (Operating Income Before Depreciation) 15,528 (38,490) (26,344) (30,864) 417
Depreciation & Amortization (2,413) (1,835) (1,800) (907) (821)
Depreciation, Unreconciled - - - - -
Amortization - - - - -
Amortization of Intangibles - - - - -
Operating Income 13,115 (40,325) (28,144) (31,772) (404)
Operating Profit After Depreciation 13,115 (40,325) (28,144) (31,772) (404)
Interest Income 1,463 1,050 2,734 3,837 2,584
Earnings from Equity Interest - - - - -
Other Income, Net - - - - -
Income, Acquired in Process R&D - - - - -
Income, Restructuring and M&A - - - - -
Other Special Charges - - - - -
Total Income Before Interest Expense (EBIT) 14,578 (39,275) (25,410) (27,935) 2,181
Interest Expense (153) (217) (251) (138) (84)
Income Before Tax 14,425 (39,492) (25,661) (28,073) 2,097
Income Taxes (3,526) 88 - - -
Minority Interest - - - - -
Preferred Securities of Subsidiary Trust - - - - -
Other Special Charges 14,425 (39,492) (25,661) - -
Net Income from Continuing Operations 10,899 (39,404) (25,661) (28,073) 2,097
Net Income from Discontinued Operations - - - - -
Net Income from Total Operations 10,899 (39,404) (25,661) (28,073) 2,097
Normalized Income 10,899 (39,404) (25,661) (28,073) 2,097
Extraordinary Income/Loss - - - - -
Special Income/Charges - - - - -
Income from Cum. Effect of Acct Change - - - - -
Income from Tax Loss Carryforward - - - - -
Net Income Available for Common 10,899 (39,404) (25,661) (28,073) (1,236)
Other Gains - - - - -
Total Net Income 10,899 (39,404) (25,661) (28,073) 2,097
Net Income Available for Common 10,899 (39,404) (25,661) (28,073) (1,236)
Results [+] in Dollars (Preferred Dividends in Thousands)
12/2010 12/2009 12/2008 12/2007 12/2006
Dividends Paid Per Share 0.00 0.00 0.00 0.00 0.00
Preferred Dividends - - - - 3,333
Basic EPS from Continuing Operations 0.38 -1.54 -1.04 -1.42 -0.09
Basic EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Basic EPS from Extraordinary Income Gains/Losses 0.00 0.00 0.00 0.00 0.00
Basic EPS from Cumulative Effect of Accounting Change 0.00 0.00 0.00 0.00 0.00
Basic EPS from Tax Loss Carryforward 0.00 0.00 0.00 0.00 0.00
Basic EPS from Other Gains/Losses 0.00 0.00 0.00 0.00 0.00
Basic EPS from Total Net Income 0.38 -1.54 -1.04 -1.42 -0.09
Basic Normalized Net Income per Share 0.38 -1.54 -1.04 -1.42 N/A
Basic EPS from Total Operations 0.38 -1.54 -1.04 -1.42 -0.09
Diluted EPS from Continuing Operations 0.36 -1.54 -1.04 -1.42 -0.09
Diluted EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Extraordinary Gains/Losses 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Cumulative Effect of Accounting Change 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Tax Loss Carryforward 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Other Gains/Losses 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Total Net Income 0.36 -1.54 -1.04 -1.42 -0.09
Diluted Normalized Net Income per Share 0.36 -1.54 -1.04 -1.42 N/A
Excise Tax - - - - -
Diluted EPS from Total Operations 0.36 -1.54 -1.04 -1.42 -0.09