Overview Financials News + Filings Key Docs Charts Holdings Ownership Insiders
|
| 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-31-16 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 8-K | 10-K | 10-K |
| Revenues: |
| Licensing revenues | | | | | | | | 47.5 |
| Research and development | | | | | | 10.1 | | |
| Net product revenues | | | | | | 7.1 | | |
| Total revenues [+] | 76.3 | 74.7 | 49.1 | 34.6 | 7.1 | 7.1 | 0.0 | 46.8 |
| Licensing | | | | | | | | 47.5 |
| Royalties | | | | | | 10.1 | | |
| Products | | | | | | 7.1 | | |
| Grants | | | | | | | | -0.7 |
| Revenue growth [+] | 2.2% | 52.0% | 41.8% | 390.2% | | | -100.0% | -8482.3% |
| Licensing revenues | | | | | | | | 55782.4% |
| Cost of goods sold | 9.3 | 9.2 | 7.5 | 5.3 | 1.6 | 1.6 | 0.0 | -0.7 |
| Gross profit | 67.0 | 65.5 | 41.6 | 29.3 | 5.5 | 5.5 | 0.0 | 47.5 |
| Gross margin | 87.9% | 87.7% | 84.7% | 84.7% | 77.5% | 77.5% | | 101.6% |
| Selling, general and administrative | 107.6 | 106.6 | 105.4 | 104.2 | 95.6 | 95.6 | 31.7 | 6.9 |
| Research and development | 15.3 | 25.3 | 23.4 | 20.8 | 10.1 | | 16.8 | 15.3 |
| Other operating expenses | -1.2 | | | | | 10.1 | | |
| EBITDA [+] | -54.2 | -65.8 | -85.8 | -94.5 | -99.7 | | -48.4 | 25.4 |
| EBITDA growth | -17.7% | -23.3% | -9.2% | -5.2% | 106.1% | | -290.4% | -190.7% |
| EBITDA margin | -71.0% | -88.1% | -174.6% | -272.9% | -1411.2% | -1418.8% | | 54.3% |
| Depreciation and amortization | 0.5 | 0.6 | 1.5 | 1.1 | 0.5 | | 0.2 | 0.1 |
| EBIT [+] | -54.7 | -66.5 | -87.2 | -95.6 | -100.2 | -100.2 | -48.5 | 25.3 |
| EBIT growth | -17.7% | -23.8% | -8.8% | -4.6% | 106.6% | | -291.7% | -190.2% |
| EBIT margin | -71.7% | -89.0% | -177.6% | -276.1% | -1418.8% | -1418.8% | | 54.1% |
| Non-recurring items | 1.2 | | | | | | | |
| Interest expense, net [+] | 16.3 | 15.9 | 12.6 | 7.3 | 6.8 | | 0.6 | 3.4 |
| Interest expense | 16.8 | 16.0 | 13.0 | 9.6 | 9.2 | | 0.9 | 3.5 |
| Interest income | 0.5 | 0.1 | 0.4 | 2.4 | 2.5 | | 0.3 | 0.1 |
| Other income (expense), net [+] | -2.6 | 0.1 | | -7.2 | 0.4 | -6.4 | 0.2 | 0.7 |
| Gain (loss) on debt retirement | | | | -7.2 | | | | |
| Gain (loss) on foreign currency transactions | | | | 0.0 | 0.0 | | -0.1 | 0.1 |
| Other | | | | | | 6.4 | | |
| Pre-tax income | -74.8 | -82.3 | -99.8 | -110.1 | -106.7 | -106.7 | -48.9 | 22.6 |
| Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | -74.8 | -82.3 | -99.8 | -110.1 | -106.7 | -106.7 | -62.0 | 9.5 |
| Net margin | -98.1% | -110.2% | -203.2% | -317.8% | -1509.7% | -1509.7% | | 20.3% |
| |
| Basic EPS [+] | ($0.87) | ($1.45) | ($2.07) | ($2.63) | ($2.68) | ($2.68) | ($5.63) | $2.34 |
| Growth | -39.8% | -30.0% | -21.3% | -2.0% | -52.4% | | -340.5% | -123.5% |
| Diluted EPS [+] | ($0.87) | ($1.45) | ($2.07) | ($2.63) | ($2.68) | ($2.68) | ($5.63) | $1.91 |
| Growth | -39.8% | -30.0% | -21.3% | -2.0% | -52.4% | | -395.4% | -119.1% |
| |
| Shares outstanding (basic) [+] | 85.9 | 56.9 | 48.3 | 41.9 | 39.8 | 39.8 | 11.0 | 4.1 |
| Growth | 51.1% | 17.8% | 15.3% | 5.3% | 261.5% | | 171.3% | 0.1% |
| Shares outstanding (diluted) [+] | 85.9 | 56.9 | 48.3 | 41.9 | 39.8 | 39.8 | 11.0 | 5.0 |
| Growth | 51.1% | 17.8% | 15.3% | 5.3% | 261.5% | | 120.9% | 23.0% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|