In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | S-1/A |
Revenues | 16.2 | 14.4 | 12.8 | 15.1 | 6.7 | -2.7 | 0.3 |
Revenue growth | 12.5% | 12.1% | -15.1% | 125.7% | -344.2% | -1070.9% | |
Cost of goods sold [+] | 14.5 | 13.3 | 10.5 | 10.5 | 4.7 | -967.6 | 0.0 |
Sales commissions and fees | | | | | | 967.6 | |
Gross profit | 1.7 | 1.1 | 2.3 | 4.6 | 2.0 | 964.9 | 0.2 |
Gross margin | 10.3% | 7.5% | 18.2% | 30.4% | 29.4% | -35163.4% | 88.1% |
Selling, general and administrative [+] | 8.4 | 7.7 | 5.5 | 6.3 | 3.9 | 119.9 | 0.0 |
Sales and marketing | 1.1 | 1.3 | 0.9 | 1.2 | 0.9 | 119.9 | 0.0 |
General and administrative | 7.3 | 6.4 | 4.6 | 5.1 | 3.1 | | 0.0 |
Equity in earnings | | | | | -0.1 | 13.6 | -0.2 |
Other operating expenses | 1.5 | 1.6 | 1.6 | 2.9 | 0.9 | 1,694.2 | 0.4 |
EBITDA [+] | -8.2 | -8.3 | -4.8 | -4.6 | -3.0 | -835.6 | |
EBITDA growth | -0.9% | 74.7% | 2.5% | 54.1% | -99.6% | 210134.1% | |
EBITDA margin | -50.8% | -57.7% | -37.0% | -30.6% | -44.9% | 30450.5% | -140.6% |
Depreciation | 0.9 | 0.8 | 0.8 | 0.7 | 0.4 | 65.9 | |
EBITA | -9.1 | -9.1 | -5.5 | -5.4 | -3.4 | -901.5 | -0.4 |
EBITA margin | -56.2% | -63.0% | -43.1% | -35.6% | -50.6% | 32852.0% | -140.6% |
Amortization of intangibles | 0.8 | 0.9 | 0.9 | 0.8 | 0.3 | | |
EBIT [+] | -9.8 | -9.9 | -6.5 | -6.2 | -3.7 | -901.5 | -0.4 |
EBIT growth | -1.0% | 53.7% | 4.6% | 69.1% | -99.6% | 226713.8% | |
EBIT margin | -60.8% | -69.2% | -50.4% | -40.9% | -54.6% | 32852.0% | -140.6% |
Non-recurring items [+] | 8.4 | 0.1 | 0.1 | | | | |
Loss (gain) on sale of assets | 8.4 | 0.1 | 0.1 | | | | |
Interest expense, net [+] | 0.0 | 0.5 | 0.6 | 0.3 | 0.1 | | 0.0 |
Interest expense | 0.0 | 0.5 | 0.6 | 0.3 | 0.2 | | |
Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | | 0.0 |
Other income (expense), net [+] | 0.0 | 0.1 | 1.6 | -0.5 | 0.0 | -15.1 | 0.2 |
Gain (loss) on sale of assets | | | | 0.1 | | | |
Gain (loss) on debt retirement | | | 1.6 | | | | |
Other non-operating income | | | 0.0 | | | | |
Other | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | | |
Pre-tax income | -18.3 | -10.5 | -5.5 | -7.0 | -3.8 | -916.5 | -0.2 |
Income taxes | 0.0 | 0.0 | 0.0 | -0.5 | -0.7 | 0.0 | 0.2 |
Tax rate | 0.1% | 0.0% | 0.0% | 6.5% | 19.3% | 0.0% | |
Minority interest | | | | -0.5 | -0.7 | 859.4 | 0.0 |
Net income | -18.3 | -10.5 | -5.5 | -6.5 | -3.1 | -57.2 | -0.4 |
Net margin | -113.1% | -73.3% | -43.2% | -43.0% | -45.6% | 2083.9% | -134.7% |
|
Basic EPS [+] | ($0.65) | ($0.47) | ($0.50) | ($0.84) | ($0.67) | ($0.01) | |
Growth | 38.5% | -6.8% | -40.1% | 24.4% | 7618.9% | | |
Diluted EPS [+] | ($0.65) | ($0.47) | ($0.50) | ($0.84) | ($0.67) | ($0.01) | |
Growth | 38.5% | -6.8% | -40.1% | 24.4% | 7618.9% | | |
|
Shares outstanding (basic) [+] | 28.3 | 22.6 | 11.1 | 7.8 | 4.5 | 6,552.7 | |
Growth | 25.4% | 104.1% | 42.5% | 71.0% | -99.9% | | |
Shares outstanding (diluted) [+] | 28.3 | 22.6 | 11.1 | 7.8 | 4.5 | 6,552.7 | |
Growth | 25.4% | 104.1% | 42.5% | 71.0% | -99.9% | | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |