Magnum Opus Acquisition Ltd [Rocket]

In millions, except per share items	Jun-30-22	Mar-31-22	Jun-30-21
	10-Q	10-Q	10-Q
Revenues		0.0	0.0
Cost of goods sold		1.4	0.2
Gross profit		-1.4	-0.2
Other operating expenses		1.2
EBIT		-2.6	-0.2
Non-recurring items		-1.2
Interest income		0.0	0.0
Interest income		0.0	0.0
Other income (expense), net [+]		1.2	11.4
Change in fair value of warrants		1.2	11.4
Pre-tax income		-0.2	11.1
Income taxes		0.0	0.0
Tax rate		0.0%	0.0%
Net income		-0.2	11.1

Basic EPS		($0.01)	$0.26
Diluted EPS		($0.01)	$0.26

Shares outstanding (basic)		25.0	42.6
Shares outstanding (diluted)		25.0	42.6

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