| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-05-19 | Dec-31-18 | Dec-05-18 | Dec-31-17 |
| | 8-K | 10-K | 10-K | 10-K | 8-K | 10-K | 8-K | 10-K |
| Total revenues [+] | 61.1 | 0.0 | 3.0 | 0.0 | 30.2 | 0.0 | 20.3 | 0.0 |
| Royalties | 61.1 | | | | 30.2 | | 20.3 | |
| Revenue growth | | -100.0% | | | 48.3% | | | |
| Cost of goods sold | 61.1 | 0.0 | 0.0 | 0.0 | 51.7 | 0.0 | 29.1 | 0.0 |
| Gross profit | 0.0 | 0.0 | 3.0 | 0.0 | -21.5 | 0.0 | -8.7 | 0.0 |
| Gross margin | 0.0% | | 100.0% | | -71.4% | | -43.0% | |
| Selling, general and administrative [+] | 27.0 | 24.7 | 20.9 | 17.6 | 17.6 | 8.7 | 8.7 | 5.2 |
| General and administrative | | 24.7 | 20.9 | 17.6 | 17.6 | 8.7 | 8.7 | 5.2 |
| Research and development | | 50.6 | 41.9 | 30.2 | | 20.3 | | 17.1 |
| Other operating expenses | 60.5 | | | | 12.5 | | 11.6 | |
| EBITDA [+] | | -74.9 | -59.5 | -47.7 | | -29.0 | | -22.2 |
| EBITDA growth | 17.0% | 25.7% | 24.8% | 64.6% | 77.8% | 30.7% | | -7.8% |
| EBITDA margin | -143.4% | | -1984.1% | | -171.4% | | -143.0% | |
| Depreciation and amortization | | 0.5 | 0.4 | 0.1 | | 0.1 | | 0.1 |
| EBIT [+] | -87.6 | -75.3 | -59.9 | -47.8 | -51.7 | -29.1 | -29.1 | -22.2 |
| EBIT growth | 16.2% | 25.8% | 25.3% | 64.4% | 77.8% | 30.7% | | -8.6% |
| EBIT margin | -143.4% | | -1995.8% | | -171.4% | | -143.0% | |
| Non-recurring items [+] | | 9.8 | | 3.9 | | | | |
| Asset impairment | | 9.8 | | | | | | |
| Loss (gain) on sale of assets | | | | 3.9 | | | | |
| Interest expense, net [+] | | 3.6 | 2.4 | 1.0 | | 0.5 | | 0.4 |
| Interest expense | | 3.6 | 2.7 | 2.1 | | 0.7 | | 0.5 |
| Interest income | | 0.0 | 0.3 | 1.2 | | 0.2 | | 0.1 |
| Other income (expense), net [+] | -6.3 | 0.1 | 0.3 | -0.2 | -1.1 | -3.7 | -4.2 | 0.7 |
| Gain (loss) on debt retirement | | | -0.2 | -0.6 | | -0.2 | | |
| Gain (loss) on derivative instruments | | -0.4 | -0.4 | 0.2 | | -0.1 | | -0.1 |
| Unrealized gain/loss on derivatives | | | | -0.3 | | -3.4 | | 1.4 |
| Change in fair value of warrants | | | | -0.3 | | -3.4 | | 1.4 |
| Other | | 0.4 | 0.9 | 0.5 | | | | |
| Pre-tax income | -93.8 | -88.7 | -62.0 | -52.8 | -52.8 | -33.3 | -33.3 | -22.0 |
| Income taxes | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Tax rate | | | | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | -96.4 | -102.6 | -62.1 | -53.4 | -53.4 | -36.3 | -36.3 | -25.0 |
| Net margin | -157.9% | | -2071.0% | | -177.0% | | -178.4% | |
| |
| Basic EPS [+] | ($1.52) | ($3.99) | ($3.09) | ($4.63) | ($4.63) | ($79.10) | ($79.10) | ($54.57) |
| Growth | -61.9% | 28.8% | -33.2% | -94.1% | -94.1% | 44.9% | | 21.8% |
| Diluted EPS [+] | ($1.52) | ($3.99) | ($3.09) | ($4.63) | ($4.63) | ($79.10) | ($79.10) | ($54.57) |
| Growth | -61.9% | 28.8% | -33.2% | -94.1% | -94.1% | 44.9% | | 21.8% |
| |
| Shares outstanding (basic) [+] | 63.5 | 25.7 | 20.1 | 11.5 | 11.5 | 0.5 | 0.5 | 0.5 |
| Growth | 146.7% | 28.3% | 74.1% | 2412.0% | 2412.0% | 0.2% | | -10.8% |
| Shares outstanding (diluted) [+] | 63.5 | 25.7 | 20.1 | 11.5 | 11.5 | 0.5 | 0.5 | 0.5 |
| Growth | 146.7% | 28.3% | 74.1% | 2412.0% | 2412.0% | 0.2% | | -10.8% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |