| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 |
| | 10-K | 10-K | 10-K |
| Revenues: |
| Packs | | | 0.2 |
| Romeo Power North America | | | 6.5 |
| Product revenues | | | 4.8 |
| Modules | | | 4.7 |
| Total revenues | 16.8 | 9.0 | 8.5 |
| Revenue growth [+] | 87.3% | 5.7% | |
| Over time | -41.9% | 59.0% | |
| Cost of goods sold [+] | 40.2 | 20.6 | 17.2 |
| Related party costs | 2.0 | 2.6 | 1.7 |
| Gross profit | -23.4 | -11.6 | -8.7 |
| Gross margin | -139.1% | -129.5% | -103.1% |
| Selling, general and administrative | 80.7 | 21.5 | 13.9 |
| Research and development | 15.3 | 8.0 | 11.2 |
| Equity in earnings | -2.7 | -2.5 | -1.5 |
| Other operating expenses | -2.0 | -2.6 | |
| EBITDA [+] | -117.2 | -38.9 | -33.5 |
| EBITDA growth | 200.9% | 16.1% | |
| EBITDA margin | -697.3% | -433.9% | -395.0% |
| Depreciation and amortization | 2.8 | 2.0 | 1.9 |
| EBIT [+] | -120.0 | -40.9 | -35.4 |
| EBIT growth | 193.1% | 15.6% | |
| EBIT margin | -713.9% | -456.1% | -417.1% |
| Non-recurring items [+] | | | 4.6 |
| Legal settlement | | | 4.6 |
| Interest expense, net [+] | 0.0 | 1.1 | 10.7 |
| Interest expense | 0.0 | 1.1 | 11.0 |
| Interest income | | | 0.3 |
| Other income (expense), net [+] | 132.7 | 32.8 | -7.7 |
| Gain (loss) on investments | 0.3 | | |
| Gain (loss) on debt retirement | 3.3 | | -9.2 |
| Other non-ooperating expenses | | -3.9 | |
| Other | | 3.9 | |
| Pre-tax income | 12.7 | -9.3 | -58.3 |
| Income taxes | 0.0 | 0.0 | 0.0 |
| Tax rate | 0.1% | | |
| Net income | 10.0 | -11.7 | -59.9 |
| Net margin | 59.7% | -130.8% | -705.2% |
| |
| Basic EPS [+] | $0.08 | ($0.15) | ($1.02) |
| Growth | -150.3% | -85.2% | |
| Diluted EPS [+] | $0.07 | ($0.15) | ($1.02) |
| Growth | -149.1% | -85.2% | |
| |
| Shares outstanding (basic) [+] | 132.0 | 77.7 | 58.8 |
| Growth | 69.8% | 32.2% | |
| Shares outstanding (diluted) [+] | 135.3 | 77.7 | 58.8 |
| Growth | 74.1% | 32.2% | |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |