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Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19
   10-K10-K10-K10-K
Revenue  101.374.032.924.0
            Revenue growth  36.9%124.8%37.4% 
Cost of revenue  186.2194.7  
   
Operating expenses:      
Research and development  70.393.568.874.9
Selling, general, and administrative  159.7131.274.073.5
   
Impairment of note receivable      
    Total operating expenses  442.3419.4263.4329.6
    Loss from operations  -340.9-345.4-230.5-305.7
            Operating margin  -336.5%-466.7%-700.0%-1276.0%
   
Interest and other expense (income), net:      
Interest expense, net  2.95.945.56.4
Other expense (income), net  0.46.40.00.1
Gain on fair value change, net  -7.3-24.3  
Interest and other expense (income), net  -4.04.3  
    Loss before provision for income taxes  -336.9-343.4-249.7-312.1
Provision for income taxes  0.1-0.40.00.1
    Net loss  -337.1-343.0-249.7-312.1
    Comprehensive loss  -337.1-343.0-249.7-312.1
   
Net loss per share, basic (in shares)  ($1.56)($1.97)($148.81)($198.66)
Net loss per share, diluted (in shares)  ($1.56)($1.97)($148.81)($198.66)
   
Weighted-average shares used in calculation of net loss per share, diluted  215.6173.71.71.6
Weighted-average shares used in calculation of net loss per share, basic  215.6173.71.71.6

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