In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 |
| 10-K | 10-K | 10-K | S-1/A |
Revenues: |
Component Sales | 9.4 | 5.8 | 5.9 | |
Other | 22.6 | 8.1 | 6.7 | |
Total revenues | 31.9 | 14.0 | 12.6 | 11.7 |
Revenue growth [+] | 129.0% | 10.7% | 7.8% | |
Component Sales | 61.3% | -1.2% | | |
Europe and Middle East | -29.2% | 437.8% | | |
Cost of goods sold | 46.1 | 25.0 | 16.7 | 10.9 |
Gross profit | -14.1 | -11.0 | -4.1 | 0.8 |
Gross margin | -44.3% | -78.9% | -32.2% | 6.4% |
Selling, general and administrative [+] | 111.5 | 37.2 | 21.6 | 24.9 |
Sales and marketing | 17.9 | 7.9 | 4.7 | 3.0 |
General and administrative [+] | 93.7 | 29.3 | 16.9 | 21.9 |
General and administrative expenses | 93.7 | 29.3 | 16.9 | 21.9 |
Research and development | 88.9 | 38.7 | 37.0 | 40.1 |
EBITDA [+] | -210.4 | -84.4 | -60.3 | -62.7 |
EBITDA growth | 149.4% | 39.9% | -3.9% | |
EBITDA margin | -658.6% | -604.7% | -478.5% | -536.6% |
Depreciation and amortization | 4.2 | 2.5 | 2.3 | 1.5 |
EBIT [+] | -214.6 | -86.9 | -62.6 | -64.2 |
EBIT growth | 147.0% | 38.7% | -2.5% | |
EBIT margin | -671.7% | -622.7% | -496.9% | -549.3% |
Interest expense, net [+] | 2.0 | 2.9 | 2.2 | 2.6 |
Interest expense | 2.0 | 2.9 | 2.2 | 2.7 |
Interest income | | | | 0.0 |
Other income (expense), net [+] | -22.7 | -272.5 | -29.9 | -12.7 |
Gain (loss) on debt retirement | | -4.0 | -6.1 | |
Change in fair value of warrants | -26.1 | -268.3 | -0.3 | -0.1 |
Other non-ooperating expenses | | | | -0.2 |
Pre-tax income | -239.2 | -362.3 | -94.7 | -79.6 |
Income taxes | -1.3 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.5% | 0.0% | 0.0% | 0.0% |
Net income | -238.0 | -369.1 | -100.0 | -79.6 |
Net margin | -745.0% | -2645.4% | -793.5% | -680.4% |
|
Basic EPS [+] | ($0.69) | ($2.54) | ($0.84) | ($12.00) |
Growth | -73.0% | 202.3% | -93.0% | |
Diluted EPS [+] | ($0.69) | ($2.54) | ($0.84) | ($12.00) |
Growth | -73.0% | 202.3% | -93.0% | |
|
Shares outstanding (basic) [+] | 346.3 | 145.1 | 118.8 | 6.6 |
Growth | 138.7% | 22.1% | 1691.9% | |
Shares outstanding (diluted) [+] | 346.3 | 145.1 | 118.8 | 6.6 |
Growth | 138.7% | 22.1% | 1691.9% | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |