In millions, except per share items | Jun-30-23 | Mar-31-23 | Sep-30-22 | Jun-30-22 | Mar-31-22 | Dec-31-21 | Sep-30-21 | Jun-30-21 |
| 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K | 10-Q |
Revenues | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Gross profit | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Gross margin | | | | | | | | |
Selling, general and administrative [+] | 7.0 | 6.3 | 5.0 | 5.8 | 6.7 | 3.3 | 3.5 | 2.9 |
General and administrative | 7.0 | 6.3 | 5.0 | 5.8 | 6.7 | 3.3 | 3.5 | 2.9 |
Research and development | 11.1 | 0.5 | 9.0 | 11.2 | 12.2 | 9.9 | 9.9 | 8.5 |
Equity in earnings | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -0.4 | 0.4 |
Other operating expenses | | | 0.9 | | | -0.2 | | |
EBITDA [+] | -18.1 | | -14.8 | -17.0 | -18.9 | -12.9 | -13.8 | -11.0 |
EBITDA growth | 6.9% | -63.6% | 7.5% | 54.3% | 50.3% | -8.5% | 38.7% | -5.7% |
EBITDA margin | | | | | | | | |
Depreciation and amortization | 0.0 | | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 |
EBIT [+] | -18.1 | -6.9 | -14.9 | -17.0 | -18.9 | -13.0 | -13.8 | -11.0 |
EBIT growth | 6.7% | -63.7% | 7.5% | 54.1% | 49.7% | -8.6% | 38.1% | -6.2% |
EBIT margin | | | | | | | | |
Non-recurring items [+] | | | -0.9 | | | 0.2 | | |
Unusual expense | | | | | | 0.2 | | |
Interest expense, net [+] | 0.4 | 0.2 | 0.4 | -0.4 | -0.4 | 0.4 | 0.3 | 0.3 |
Interest expense | 0.4 | 0.2 | 0.4 | | | 0.4 | 0.3 | 0.3 |
Interest income | | | | 0.4 | 0.4 | | | |
Other income (expense), net [+] | -2.1 | 0.4 | 0.0 | -0.9 | -1.2 | -1.0 | 0.7 | -0.9 |
Gain (loss) on debt retirement | | | | | | -1.0 | | |
Change in fair value of warrants | 0.0 | 0.0 | 0.0 | -0.2 | 0.0 | -0.2 | 0.1 | 0.0 |
Pre-tax income | -20.7 | -6.7 | -14.3 | -17.5 | -19.7 | -14.5 | -13.4 | -12.2 |
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% |
Net income | -20.7 | -6.7 | -14.3 | -17.5 | -19.7 | -14.5 | -13.4 | -12.2 |
Net margin | | | | | | | | |
|
Basic EPS [+] | ($0.08) | ($0.03) | ($0.07) | ($0.08) | ($0.09) | ($0.08) | ($0.09) | ($0.07) |
Growth | 1.2% | -71.2% | -23.0% | 9.8% | 3.4% | -35.3% | -35.8% | 118.0% |
Diluted EPS [+] | ($0.08) | ($0.03) | ($0.07) | ($0.08) | ($0.09) | ($0.08) | ($0.09) | ($0.07) |
Growth | 1.2% | -71.2% | -23.0% | 9.8% | 3.4% | -35.3% | -35.8% | 118.0% |
|
Shares outstanding (basic) [+] | 256.9 | 256.7 | 212.1 | 220.5 | 219.1 | 188.2 | 152.7 | 168.4 |
Growth | 16.5% | 17.2% | 38.9% | 30.9% | 45.3% | 54.5% | 110.4% | 85.6% |
Shares outstanding (diluted) [+] | 256.9 | 256.7 | 212.1 | 220.5 | 219.1 | 188.2 | 152.7 | 168.4 |
Growth | 16.5% | 17.2% | 38.9% | 30.9% | 45.3% | 54.5% | 110.4% | 85.6% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |