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-Q | 10-Q | 10-Q | 10-K | 10-Q | 10-Q |
Revenues | 3.5 | 3.3 | 4.8 | 10.8 | 5.6 | 21.0 | 6.9 | 5.1 |
Revenue growth | -67.1% | -40.8% | -30.7% | 110.3% | 22.6% | 455.5% | 36.4% | 106.8% |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Gross profit | 3.5 | 3.3 | 4.8 | 10.8 | 5.6 | 21.0 | 6.9 | 5.1 |
Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
Selling, general and administrative [+] | 12.4 | 12.8 | 10.8 | 10.5 | 11.3 | 15.6 | 7.9 | 10.4 |
General and administrative | 12.4 | 12.8 | 10.8 | 10.5 | 11.3 | 15.6 | 7.9 | 10.4 |
Other selling, general and administrative | | | | | | | | |
Research and development | 19.9 | 22.3 | 16.9 | 24.0 | 23.1 | 13.2 | 21.6 | 15.2 |
Equity in earnings | | | | | | 0.0 | | |
EBITDA [+] | -25.5 | -28.7 | -20.8 | -21.7 | -26.6 | -5.6 | -20.5 | -18.5 |
EBITDA growth | 17.8% | 7.7% | 1.3% | 17.4% | 31.3% | -52.7% | 178.5% | -24.0% |
EBITDA margin | -721.4% | -859.9% | -431.5% | -201.4% | -472.5% | -26.7% | -295.3% | -361.0% |
Depreciation and amortization | 3.2 | 3.1 | 2.0 | 2.1 | 2.1 | 2.1 | 2.0 | 2.0 |
EBIT [+] | -28.8 | -31.8 | -22.8 | -23.8 | -28.7 | -7.7 | -22.6 | -20.5 |
EBIT growth | 21.2% | 10.5% | 1.1% | 16.0% | 30.4% | -41.9% | 167.5% | -18.8% |
EBIT margin | -813.1% | -952.6% | -473.6% | -220.8% | -510.1% | -36.5% | -324.6% | -400.4% |
Interest expense, net [+] | 2.7 | 2.5 | 1.6 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 |
Interest expense | 3.4 | 3.1 | 1.9 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
Interest income | 0.7 | 0.5 | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 |
Other income (expense), net [+] | 1.9 | 3.9 | -12.9 | -10.2 | -2.3 | -2.1 | -3.4 | 0.4 |
Gain (loss) on foreign currency transactions | 1.9 | -3.9 | -12.8 | -10.4 | 2.6 | 10.9 | -3.4 | 0.4 |
Pre-tax income | -29.6 | -30.4 | -37.3 | -34.0 | -31.0 | -9.9 | -25.9 | -20.1 |
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% | 0.0% |
Net income | -29.6 | -30.4 | -37.3 | -34.0 | -31.0 | -9.9 | -25.9 | -20.1 |
Net margin | -835.6% | -910.7% | -774.2% | -315.8% | -551.1% | -47.1% | -373.4% | -392.6% |
|
Basic EPS [+] | ($0.53) | ($0.62) | ($0.83) | ($0.76) | ($0.70) | ($0.22) | ($0.59) | ($0.46) |
Growth | -29.7% | -10.5% | 42.0% | 67.1% | 29.9% | -19.0% | 239.9% | -33.8% |
Diluted EPS [+] | ($0.53) | ($0.62) | ($0.83) | ($0.76) | ($0.70) | ($0.22) | ($0.59) | ($0.46) |
Growth | -29.7% | -10.5% | 42.0% | 67.1% | 29.9% | -19.0% | 239.9% | -33.8% |
|
Shares outstanding (basic) [+] | 55.3 | 48.6 | 44.7 | 44.7 | 44.5 | 44.1 | 44.2 | 44.1 |
Growth | 23.9% | 9.3% | 1.2% | 1.2% | 1.2% | 17.0% | 18.7% | 19.4% |
Shares outstanding (diluted) [+] | 55.3 | 48.6 | 44.7 | 44.7 | 44.5 | 44.1 | 44.2 | 44.1 |
Growth | 23.9% | 9.3% | 1.2% | 1.2% | 1.2% | 17.0% | 18.7% | 19.4% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |