Momentus Inc. (SRACU) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19
	8-K	10-K	10-K	S-1
Revenues	0.3	0.3	0.4	0.0
Revenue growth	-9.4%	-9.6%	-19010516.7%
Cost of goods sold	0.0	-0.1	0.4	0.0
Gross profit	0.3	0.5	0.0	0.0
Gross margin	91.3%	140.9%	-0.8%	0.0%
Selling, general and administrative	49.8	48.9	11.9	15.1
Research and development	41.7	51.3	22.7	9.8
Other operating expenses	4.5	-8.7	-1.5	-9.8
EBITDA [+]	-94.7	-90.0	-32.6
EBITDA growth	5.2%	176.2%	115.2%
EBITDA margin	-31667.2%	-27263.3%	-8924.9%	788572812.5%
Depreciation	1.1	1.0	0.6	0.0
EBITA	-95.8	-91.0	-33.1	-15.1
EBITA margin	-32031.8%	-27579.1%	-9078.4%	787772343.8%
Amortization of intangibles		0.1	0.0	0.0
EBIT [+]	-95.8	-91.1	-33.2	-15.1
EBIT growth	5.2%	174.6%	119.1%
EBIT margin	-32031.8%	-27594.2%	-9086.6%	788572812.5%
Non-recurring items [+]	-4.5	8.7	1.5
Asset impairment		8.7	1.5
Legal settlement	-4.5
Interest expense, net [+]	-0.5	14.2	0.5	0.6
Interest expense		14.2	0.5	0.6
Interest income	0.5	0.0	0.0	0.0
Other income (expense), net [+]	-4.7	234.6	-271.9	-0.1
Gain (loss) on sale of assets		0.0	-0.5
Litigation settlement		-7.0
Change in fair value of warrants		37.3	-3.2
Other	-0.2	-5.0	-0.9	-0.1
Pre-tax income	-95.4	120.7	-307.0	-15.8
Income taxes	0.0	0.0	0.0	0.0
Tax rate	0.0%	0.0%
Net income	-95.4	120.7	-307.0	-15.8
Net margin	-31921.1%	36561.8%	-84117.0%	820543072.9%

Basic EPS [+]	($1.17)	$1.85	($4.90)	($0.16)
Growth	-163.2%	-137.8%	2870.8%
Diluted EPS [+]	($1.17)	$1.70	($4.90)	($0.16)
Growth	-168.8%	-134.7%	2870.8%

Shares outstanding (basic) [+]	81.5	65.2	62.6	95.5
Growth	25.1%	4.0%	-34.4%
Shares outstanding (diluted) [+]	81.5	70.9	62.6	95.5
Growth	15.0%	13.2%	-34.4%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.