In millions, except per share items | Dec-31-22 | Dec-05-22 | Dec-31-21 | Dec-05-21 | Dec-31-20 | Dec-05-20 | Dec-31-19 | Dec-31-18 |
| 10-K | 8-K | 10-K | 8-K | 10-K | 8-K | 10-K | 10-K |
Total revenues | 0.0 | 26.3 | 13.5 | 23.9 | 0.1 | 13.5 | 2.1 | 0.2 |
Revenue growth | -100.0% | 10.1% | 11150.0% | 77.2% | -94.2% | | 774.7% | -64.6% |
Cost of goods sold | 0.0 | 50.6 | 0.0 | 127.8 | 0.0 | 18.8 | 0.0 | 0.0 |
Gross profit | 0.0 | -24.3 | 13.5 | -103.9 | 0.1 | -5.3 | 2.1 | 0.2 |
Gross margin | | -92.6% | 100.0% | -435.5% | 100.0% | -39.7% | 100.0% | 100.0% |
Selling, general and administrative [+] | 24.3 | 24.3 | 15.4 | 15.4 | 10.2 | 5.3 | 9.9 | 11.3 |
General and administrative | 24.3 | 24.3 | 15.4 | 15.4 | 10.2 | 5.3 | 9.9 | 11.3 |
Research and development | 26.3 | | 23.9 | | 12.3 | | 15.4 | 14.6 |
Other operating expenses | | 1.9 | | -5.1 | | 8.1 | | |
EBITDA [+] | -50.4 | | -25.6 | | -22.3 | | -23.4 | -25.7 |
EBITDA growth | 96.6% | -55.7% | 14.7% | 507.4% | -4.3% | | -9.1% | -25.3% |
EBITDA margin | | -192.6% | -189.8% | -478.9% | -18620.0% | -139.7% | -1126.8% | -10844.3% |
Depreciation and amortization | 0.2 | | 0.2 | | 0.0 | | -0.1 | 0.0 |
EBIT [+] | -50.6 | -50.6 | -25.8 | -114.3 | -22.3 | -18.8 | -23.3 | -25.7 |
EBIT growth | 96.1% | -55.7% | 15.7% | 507.4% | -4.2% | | -9.4% | -25.3% |
EBIT margin | | -192.6% | -191.1% | -478.9% | -18585.8% | -139.7% | -1123.4% | -10848.1% |
Non-recurring items [+] | | | 88.5 | | | | | |
In-process research & development | | | 88.5 | | | | | |
Interest expense, net [+] | -0.6 | | 0.5 | | 0.3 | | 0.5 | 1.2 |
Interest expense | 0.6 | | 0.5 | | 0.3 | | 0.5 | 1.2 |
Interest income | 1.2 | | 0.0 | | | | | |
Other income (expense), net [+] | 0.8 | 1.4 | 0.0 | -0.5 | 1.0 | 18.8 | 0.5 | 0.2 |
Other non-operating gains/losses | 0.8 | | -0.3 | | | | | |
Other | 1.4 | | -0.5 | | 1.0 | | 0.5 | 0.2 |
Pre-tax income | -49.2 | -49.2 | -114.8 | -114.8 | -21.6 | 0.0 | -23.3 | -26.6 |
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% |
Net income | -49.2 | -49.2 | -114.8 | -114.8 | -21.6 | 0.0 | -23.3 | -26.6 |
Net margin | | -187.3% | -850.1% | -481.0% | -18008.3% | 0.0% | -1125.4% | -11230.0% |
|
Basic EPS [+] | ($1.30) | ($1.30) | ($3.60) | ($3.60) | ($1.53) | $0.00 | ($2.68) | ($0.75) |
Growth | -63.8% | -63.8% | 134.8% | | -42.7% | | 258.0% | -48.3% |
Diluted EPS [+] | ($1.30) | ($1.30) | ($3.60) | ($3.60) | ($1.53) | $0.00 | ($2.68) | ($0.75) |
Growth | -63.8% | -63.8% | 134.8% | | -42.7% | | 258.0% | -48.3% |
|
Shares outstanding (basic) [+] | 37.8 | 37.8 | 31.9 | 31.9 | 14.1 | 324.7 | 8.7 | 35.6 |
Growth | 18.6% | 18.6% | 126.1% | -90.2% | 61.8% | | -75.5% | 45.1% |
Shares outstanding (diluted) [+] | 37.8 | 37.8 | 31.9 | 31.9 | 14.1 | 324.7 | 8.7 | 35.6 |
Growth | 18.6% | 18.6% | 126.1% | -90.2% | 61.8% | | -75.5% | 45.1% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |