Overview Financials News + Filings Key Docs Charts Ownership Insiders
|
| In millions, except per share items | Jul-01-23 | Apr-01-23 | Dec-31-22 | Oct-01-22 | Jul-02-22 | Apr-02-22 | Dec-31-21 | Oct-02-21 |
| | 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K | 10-Q |
| Net revenues | 356.8 | 401.7 | 418.9 | 439.7 | 463.6 | 466.0 | 464.7 | 466.0 |
| Net revenues growth | -23.0% | -13.8% | -9.8% | -5.6% | 2.1% | 11.5% | 14.2% | 15.5% |
| Cost of goods sold | 366.1 | 419.5 | 442.7 | 446.2 | 432.4 | 381.2 | 347.4 | 337.5 |
| Gross profit (loss) | -9.3 | -17.7 | -23.7 | -6.6 | 31.2 | 84.8 | 117.3 | 128.4 |
| Gross margin | -2.6% | -4.4% | -5.7% | -1.5% | 6.7% | 18.2% | 25.2% | 27.6% |
| Research and development expenses | 47.6 | 55.0 | 62.3 | 71.6 | 73.1 | 70.7 | 66.9 | 55.7 |
| Selling, general and administrative expenses | 200.7 | 216.3 | 239.5 | 258.5 | 260.4 | 245.6 | 209.5 | 182.1 |
| Restructuring expenses | 9.3 | 13.8 | 17.3 | 18.0 | 16.8 | 16.3 | 15.8 | 12.5 |
| Total operating expenses | 257.6 | 285.1 | 319.0 | 348.2 | 350.2 | 332.7 | 292.2 | 250.2 |
| Loss from operations | -266.9 | -302.9 | -342.8 | -354.7 | -319.0 | -247.9 | -174.9 | -121.8 |
| Operating margin | -74.8% | -75.4% | -81.8% | -80.7% | -68.8% | -53.2% | -37.6% | -26.1% |
| |
| Other (expense) income, net: | | | | | | | | |
| Interest expense | -3.8 | -3.9 | -4.0 | -4.2 | -4.1 | -4.0 | -3.6 | -3.3 |
| Other, net | 10.3 | 3.6 | -0.4 | -8.0 | -5.1 | 0.0 | -0.5 | -0.6 |
| Total other income (expense), net | 11.1 | 2.6 | -4.4 | -12.2 | -8.5 | -3.3 | -3.4 | -3.1 |
| Loss before taxes | -260.5 | -303.2 | -347.2 | -366.9 | -328.2 | -252.0 | -179.1 | -125.6 |
| Income tax expense | 0.0 | | 0.0 | | 0.0 | 0.0 | 0.1 | 0.0 |
| Tax rate | | 0.0% | | 0.0% | | | | 0.0% |
| Equity in losses of unconsolidated joint venture | 20.6 | 21.5 | 18.9 | 12.7 | 4.5 | 3.3 | 3.0 | 1.2 |
| Net loss | -281.1 | -324.7 | -366.1 | -379.6 | -332.8 | -255.3 | -182.1 | -126.8 |
| |
| Net loss per share available to common stockholders—basic (in dollars per share) | ($4.39) | ($5.09) | ($5.75) | ($5.98) | ($5.25) | ($4.03) | ($2.88) | ($2.01) |
| Net loss per share available to common stockholders—diluted | ($4.39) | ($5.09) | ($5.75) | ($5.98) | ($5.25) | ($4.03) | ($2.88) | ($2.01) |
| |
| Weighted average common shares outstanding—basic (in shares) | 63.9 | 63.7 | 63.6 | 63.5 | 63.4 | 63.3 | 63.1 | 62.9 |
| Weighted average common shares outstanding—diluted (in shares) | 63.9 | 63.7 | 63.6 | 63.5 | 63.4 | 63.3 | 63.1 | 62.9 |
|