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In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-05-18 | Dec-31-17 | Dec-31-15 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 8-K | S-1/A | S-1/A |
Revenues | 45.6 | 48.3 | 42.0 | 40.4 | 32.4 | 32.4 | 26.8 | 17.9 |
Revenue growth | -5.7% | 15.1% | 3.9% | 24.5% | 21.0% | | | 53.9% |
Cost of goods sold | 24.2 | 20.6 | 16.6 | 18.8 | 15.4 | 15.4 | 14.1 | 9.5 |
Gross profit | 21.3 | 27.7 | 25.4 | 21.6 | 17.1 | 17.1 | 12.7 | 8.4 |
Gross margin | 46.9% | 57.4% | 60.6% | 53.4% | 52.6% | 52.6% | 47.3% | 46.9% |
Selling, general and administrative | 52.0 | 44.5 | 37.0 | 28.7 | 19.7 | 19.7 | 18.8 | 17.4 |
Research and development | 9.9 | 7.2 | 3.6 | 2.2 | 2.1 | 2.1 | 1.6 | 1.4 |
Other operating expenses | | | | | | | -0.1 | 0.0 |
EBITDA [+] | -39.0 | -23.1 | -14.6 | -8.7 | -4.1 | -4.7 | -7.2 | -9.5 |
EBITDA growth | 68.6% | 57.9% | 68.1% | 109.9% | -42.1% | | | -13.5% |
EBITDA margin | -85.6% | -47.9% | -34.9% | -21.6% | -12.8% | -14.6% | -26.7% | -53.0% |
Depreciation and amortization | 1.6 | 0.9 | 0.5 | 0.6 | 0.6 | | 0.5 | 0.6 |
EBITA | -40.5 | -24.1 | -15.2 | -9.3 | -4.7 | -4.7 | -7.7 | -10.1 |
EBITA margin | -89.0% | -49.8% | -36.2% | -23.0% | -14.6% | -14.6% | -28.5% | -56.3% |
Amortization of intangibles | | | | | 0.1 | 0.1 | 0.2 | 0.3 |
EBIT [+] | -40.5 | -24.1 | -15.2 | -9.3 | -4.9 | -4.9 | -7.8 | -10.4 |
EBIT growth | 68.5% | 58.5% | 63.3% | 90.6% | -37.7% | | | -10.1% |
EBIT margin | -89.0% | -49.8% | -36.2% | -23.0% | -15.0% | -15.0% | -29.2% | -57.9% |
Non-recurring items [+] | 5.5 | | | | | | | |
Asset impairment | 5.5 | | | | | | | |
Interest expense | 2.4 | 2.6 | 2.6 | 3.5 | 2.9 | 2.9 | 2.9 | 4.5 |
Interest expense | 2.4 | 2.6 | 2.6 | 3.5 | 2.9 | 2.9 | 2.9 | 4.5 |
Other income (expense), net | 1.1 | -0.2 | 1.1 | 0.8 | -0.1 | -0.2 | -15.4 | -4.0 |
Pre-tax income | -47.4 | -26.9 | -16.7 | -12.0 | -7.9 | -8.0 | -26.2 | -18.9 |
Income taxes | 0.3 | -0.2 | 0.1 | 0.0 | 0.1 | 0.1 | -0.5 | 0.3 |
Tax rate | | 0.7% | | 0.2% | | | 2.1% | |
Net income | -47.7 | -26.7 | -16.8 | -30.3 | -18.5 | -18.5 | -32.8 | -21.3 |
Net margin | -104.6% | -55.2% | -39.9% | -75.0% | -57.0% | -57.0% | -122.3% | -118.7% |
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Basic EPS [+] | ($2.79) | ($1.67) | ($1.33) | ($8.46) | ($293.34) | ($293.34) | ($520.18) | ($1.85) |
Growth | 67.1% | 25.8% | -84.3% | -97.1% | -43.6% | | | 14.2% |
Diluted EPS [+] | ($2.79) | ($1.67) | ($1.33) | ($8.46) | ($293.34) | ($293.34) | ($520.18) | ($1.85) |
Growth | 67.1% | 25.8% | -84.3% | -97.1% | -43.6% | | | 14.2% |
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Shares outstanding (basic) [+] | 17.1 | 16.0 | 12.6 | 3.6 | 0.1 | 0.1 | 0.1 | 11.5 |
Growth | 7.0% | 26.4% | 253.0% | 5580.1% | 0.0% | | | 11.3% |
Shares outstanding (diluted) [+] | 17.1 | 16.0 | 12.6 | 3.6 | 0.1 | 0.1 | 0.1 | 11.5 |
Growth | 7.0% | 26.4% | 253.0% | 5580.1% | 0.0% | | | 11.3% |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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