Old Ayala, Inc (AYLA) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18
	10-K	10-K	10-K	10-K	S-1/A
Revenues	0.7	3.5	3.7	2.3	0.0
Revenue growth	-80.3%	-5.4%	58.9%
Cost of goods sold	0.6	3.5	3.7	1.3	0.0
Gross profit	0.1	0.0	0.0	1.0	0.0
Gross margin	13.0%	0.0%	0.0%	44.9%
Selling, general and administrative [+]	11.3	10.9	8.4	4.3	3.3
General and administrative	11.3	10.9	8.4	4.3	3.3
Research and development	27.9	29.9	22.4	14.4	5.7
Other operating expenses	-2.2	-2.7	-4.8
EBITDA [+]	-36.6	-38.0	-25.9	-17.6	-9.0
EBITDA growth	-3.5%	46.6%	47.5%	95.4%
EBITDA margin	-5292.5%	-1082.5%	-698.4%	-752.4%
Depreciation and amortization	0.2	0.2	0.2	0.2	0.0
EBIT [+]	-36.8	-38.1	-26.1	-17.7	-9.0
EBIT growth	-3.5%	46.2%	47.2%	96.0%
EBIT margin	-5315.9%	-1087.3%	-703.3%	-758.8%
Non-recurring items	0.7	1.1	3.7
Interest income, net [+]	0.1	-0.3	0.1	0.2
Interest expense		0.3
Interest income	0.1		0.1	0.2
Other income (expense), net					0.4
Pre-tax income	-37.4	-39.5	-29.7	-17.5	-8.6
Income taxes	2.1	1.9	0.4	0.3	0.3
Net income	-38.0	-40.3	-30.1	-17.8	-8.9
Net margin	-5493.2%	-1148.1%	-813.0%	-762.3%

Basic EPS [+]	($2.46)	($2.80)	($3.06)	($3.57)	($1.80)
Growth	-12.0%	-8.6%	-14.4%	98.8%
Diluted EPS [+]	($2.46)	($2.80)	($3.06)	($3.57)	($1.80)
Growth	-12.0%	-8.6%	-14.4%	98.8%

Dividends per share	$0.04

Shares outstanding (basic) [+]	15.4	14.4	9.9	5.0	4.9
Growth	7.3%	46.0%	98.0%	0.9%
Shares outstanding (diluted) [+]	15.4	14.4	9.9	5.0	4.9
Growth	7.3%	46.0%	98.0%	0.9%

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