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Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Mar-31-23Dec-31-22Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21
   10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q
Revenue  114.4102.7101.385.580.681.374.045.6
            Revenue growth  41.8%26.4%36.9%87.6%129.1%239.7%219.3% 
Cost of revenue  185.8183.6186.0186.1188.8149.3108.951.8
    Gross loss  -13.8   -23.2   
            Gross margin  -12.0%   -28.8%   
   
Operating expenses:          
Research and development  52.463.670.375.796.596.693.573.9
Selling, general, and administrative  124.9142.1159.7161.6158.6152.5131.294.8
   
Impairment of note receivable          
Restructuring costs (Note 11)  5.54.2      
    Total operating expenses  435.4483.5503.9485.2505.7448.2419.4306.4
    Loss from operations  -286.6-319.2-340.9-338.1-363.4-366.9-345.4-260.8
            Operating margin  -250.5%-310.9%-336.5%-395.3%-450.7%-451.6%-466.7%-572.2%
   
Interest and other expense (income), net:          
Interest expense, net  9.85.92.90.30.57.812.912.9
Other expense (income), net  0.50.20.40.30.15.26.46.3
Gain on fair value change, net  -1.5-3.4-7.3-12.4-25.2-23.3-26.4 
Interest and other expense (income), net  8.92.8-3.9-11.6-24.6-22.6-18.7-12.9
    Loss before provision for income taxes  -295.4-321.9-336.9-326.3-338.8-351.7-343.4-272.7
Provision for income taxes  0.10.10.10.1-0.3-0.4-0.4-0.4
    Net loss  -295.5-322.0-337.1-326.4-338.5-351.3-343.0-272.3
    Comprehensive loss  -295.5-322.0-337.1-326.4-338.5-351.3-343.0-263.9
   
Net loss per share, basic (in shares)  ($15.18)($24.28)($24.38)($24.30)($24.36)($1.60)($2.55)($2.84)
Net loss per share, diluted (in shares)  ($15.18)($24.28)($24.38)($24.30)($24.36)($1.60)($2.55)($2.84)
   
Weighted-average shares used in calculation of net loss per share, diluted  167.6167.5162.0151.6150.9203.0163.4135.8
Weighted-average shares used in calculation of net loss per share, basic  167.6167.5162.0151.6150.9203.0163.4135.8

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