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 |
| 10-K | 8-K | 10-K | 8-K | 10-K | 8-K | 10-K |
Revenues | 141.8 | 141.8 | 94.4 | 94.4 | 57.4 | 57.4 | 39.4 |
Revenue growth | 50.2% | 50.2% | 64.6% | 64.6% | 45.5% | | |
Cost of goods sold | 27.5 | 27.5 | 17.8 | 17.8 | 12.5 | 12.5 | 7.6 |
Gross profit | 114.3 | 114.3 | 76.6 | 76.6 | 44.9 | 44.9 | 31.8 |
Gross margin | 80.6% | 80.6% | 81.1% | 81.1% | 78.3% | 78.3% | 80.6% |
Selling, general and administrative [+] | 135.6 | 135.6 | 82.9 | 82.9 | 38.2 | 38.2 | 30.3 |
Sales and marketing | 102.6 | 102.6 | 64.5 | 64.5 | 31.7 | 31.7 | 25.8 |
General and administrative | 33.0 | 33.0 | 18.4 | 18.4 | 6.5 | 6.5 | 4.5 |
Research and development | 13.6 | 13.6 | 10.2 | 10.2 | 5.8 | 5.8 | 5.1 |
EBITDA [+] | -32.7 | -32.7 | -15.8 | -15.8 | 2.1 | | -2.7 |
EBITDA growth | 106.7% | 106.7% | -866.3% | -1950.9% | -175.3% | | |
EBITDA margin | -23.1% | -23.1% | -16.8% | -16.8% | 3.6% | 1.5% | -7.0% |
Depreciation and amortization | 2.1 | 2.1 | 0.7 | 0.7 | 1.2 | | 0.8 |
EBIT [+] | -34.8 | -34.8 | -16.5 | -16.5 | 0.9 | 0.9 | -3.5 |
EBIT growth | 111.0% | 111.0% | -2031.0% | -2031.0% | -124.2% | | |
EBIT margin | -24.6% | -24.6% | -17.5% | -17.5% | 1.5% | 1.5% | -9.0% |
Interest expense, net [+] | 3.5 | | 4.0 | | 1.0 | 2.8 | 0.7 |
Interest expense | 4.4 | | 4.1 | | 2.8 | 2.8 | 0.8 |
Interest income | 0.9 | | 0.0 | | 1.7 | | 0.1 |
Other income (expense), net [+] | -4.5 | -8.0 | | -4.0 | -3.5 | -1.7 | |
Unrealized gain (loss) on marketable securities | | 0.0 | | | | | |
Gain (loss) on debt retirement | | -4.5 | | | 0.6 | | |
Other | -8.0 | 0.9 | -4.0 | 0.0 | -4.5 | 1.7 | -0.7 |
Pre-tax income | -42.8 | -42.8 | -20.6 | -20.6 | -3.7 | -3.7 | -4.3 |
Income taxes | 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 | -42.8 | 0.0 | -20.7 | 0.0 | -4.3 | 0.0 | -4.9 |
Net margin | -30.2% | 0.0% | -22.0% | 0.0% | -7.5% | 0.0% | -12.4% |
|
Basic EPS [+] | ($0.77) | ($0.77) | ($0.43) | ($0.43) | ($0.12) | ($0.12) | ($0.13) |
Growth | 80.7% | 80.7% | 268.7% | 268.7% | -12.5% | | |
Diluted EPS [+] | ($0.77) | ($0.77) | ($0.43) | ($0.43) | ($0.12) | ($0.12) | ($0.13) |
Growth | 80.7% | 80.7% | 268.7% | 268.7% | -12.5% | | |
|
Shares outstanding (basic) [+] | 55.3 | 0.1 | 48.4 | 0.0 | 37.1 | 0.0 | 36.9 |
Growth | 14.2% | 14.2% | 30.6% | 30.6% | 0.4% | | |
Shares outstanding (diluted) [+] | 55.3 | 0.1 | 48.4 | 0.0 | 37.1 | 0.0 | 36.9 |
Growth | 14.2% | 14.2% | 30.6% | 30.6% | 0.4% | | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |