Even after hiring Apple co-founder Steve Wozniak as the company's chief scientist in 2009, Fusion-io has been struggling over the last three years since its initial public offering. Out of the losses of $39 million over these years, the company saw a loss of $38 million in 2013 alone. The company in its 2013 annual report states that the company had an "accumulated deficit of $108.8 million."
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