In millions, except per share items | Dec-31-22 | Dec-31-21 |
| 10-K | S-1/A |
Revenues: |
US | 11.1 | |
Revenue from Rights Concentration Risk | 13.1 | |
Europe | 1,965.0 | |
Total revenues | 13.1 | 0.0 |
Cost of goods sold | 2.9 | 0.0 |
Gross profit | 10.2 | 0.0 |
Gross margin | 78.1% | |
Selling, general and administrative [+] | 54.0 | 4.9 |
Sales and marketing | 6.3 | |
General and administrative | 47.6 | 4.9 |
Research and development | 60.0 | |
EBITDA [+] | -96.7 | |
EBITDA growth | 1871.2% | |
EBITDA margin | -737.9% | |
Depreciation and amortization | 7.0 | |
EBIT [+] | -103.7 | -4.9 |
EBIT growth | 2014.3% | |
EBIT margin | -791.5% | |
Non-recurring items [+] | 5.4 | |
Asset impairment | 5.4 | |
Interest expense, net [+] | 2.9 | |
Interest expense | 5.3 | |
Interest income | 2.4 | |
Other income (expense), net [+] | 40.4 | -18.3 |
Gain (loss) on investments | | 0.0 |
Change in fair value of warrants | 22.1 | -17.8 |
Change in value of contingent liability | 19.2 | |
Pre-tax income | -71.5 | -23.2 |
Income taxes | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% |
Net income | -71.5 | -23.2 |
Net margin | -545.9% | |
|
Basic EPS [+] | ($0.70) | ($0.62) |
Growth | 11.9% | |
Diluted EPS [+] | ($0.70) | ($0.62) |
Growth | 12.4% | |
|
Shares outstanding (basic) [+] | 102.3 | 37.1 |
Growth | 175.9% | |
Shares outstanding (diluted) [+] | 102.3 | 37.3 |
Growth | 174.5% | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |