Schrodinger, Inc. (SDGR) [Rocket]

In millions, except per share items	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18
	10-K	10-K	10-K	10-K
Revenues:
Total revenues	137.9	108.1	85.5	85.5
Total revenues growth	27.6%	26.4%	0.0%
Cost of revenues:
Total cost of revenues	72.3	44.6	36.5	36.5
Gross profit	65.6	63.5	49.1	49.1
Gross margin	47.6%	58.7%	57.4%	57.4%

Operating expenses:
Research and development	90.9	64.7	39.4	39.4
Sales and marketing	22.2	17.8	21.4	21.4
General and administrative	64.0	41.9	27.0	27.0
Total operating expenses	177.1	124.4	87.8	87.8
Loss from operations	-111.4	-60.9	-38.7	-38.7
Operating margin	-80.8%	-56.4%	-45.3%	-45.3%

Other income (expense):
Gain on equity investments	-1.8	4.1	0.9
Change in fair value	11.4	28.3	9.9
Total other income (expense)	10.6	34.6	12.7	12.7
Income (loss) before income taxes	-100.8	-26.3	-26.0
Income tax expense (benefit)	0.4	0.3	-0.3	-0.3
Net income (loss)	-100.4	-24.5	-24.6	-25.7

Earnings Per Share [Abstract]
Net income	($1.42)	($0.41)	($4.09)

Weighted average shares used to compute net income	70.6	60.0	6.0	6,004.5
Net income	($1.42)	($0.41)	($4.09)
Weighted Average Number of Shares Outstanding, Diluted	70.6	60.0	6.0