| In millions, except per share items | Jun-30-23 | Mar-31-23 | Jun-30-22 | Mar-31-22 | Jun-30-21 |
| | 10-Q | 10-Q | 10-Q | 10-Q | 10-Q |
| Revenues: |
| SWITZERLAND | 0.3 | | | | |
| UNITED KINGDOM | 0.2 | 0.2 | | | |
| United States | 0.5 | 0.2 | 0.7 | 0.8 | 0.6 |
| Other | 0.8 | 1.1 | 0.7 | 0.9 | 0.5 |
| Total revenues | 1.7 | 1.6 | 1.4 | 1.7 | 1.1 |
| Revenue growth [+] | 24.5% | -7.6% | 20.6% | | |
| United States | -26.0% | -68.2% | 5.3% | | |
| Japan | -6.7% | -29.0% | -20.3% | | |
| Cost of goods sold | 1.0 | 1.2 | 0.6 | 0.6 | 0.4 |
| Gross profit | 0.7 | 0.4 | 0.8 | 1.1 | 0.7 |
| Gross margin | 41.3% | 26.6% | 54.8% | 64.0% | 60.6% |
| Selling, general and administrative [+] | 12.1 | 14.2 | 5.7 | 5.2 | 1.2 |
| Sales and marketing | 2.5 | 2.9 | 1.7 | 1.6 | 1.2 |
| General and administrative | 9.6 | 11.3 | 4.0 | 3.6 | |
| Research and development | 9.5 | 10.9 | 7.5 | 6.8 | |
| Other operating expenses | | | | | -0.5 |
| EBITDA [+] | -20.6 | -24.4 | -12.1 | -10.5 | |
| EBITDA growth | 70.5% | 131.1% | | | |
| EBITDA margin | -1209.4% | -1538.3% | -883.3% | -615.2% | 0.0% |
| Depreciation and amortization | 0.3 | 0.3 | 0.3 | 0.4 | |
| EBIT [+] | -20.9 | -24.7 | -12.4 | -11.0 | 0.0 |
| EBIT growth | 68.6% | 125.5% | | | |
| EBIT margin | -1224.8% | -1559.7% | -904.7% | -639.3% | 0.0% |
| Interest expense | 0.8 | 0.5 | 1.5 | 0.5 | |
| Interest expense | 0.8 | 0.5 | 1.5 | 0.5 | 0.2 |
| Other income (expense), net [+] | -4.2 | 0.5 | 0.5 | -0.2 | -4.5 |
| Amortization of financing costs and debt discount | -1.4 | | | | |
| Change in fair value of warrants | -2.2 | 0.6 | | | |
| Other | -0.3 | -0.1 | 0.5 | -0.2 | |
| Pre-tax income | -25.9 | -24.6 | -13.3 | -11.7 | -4.7 |
| Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | -25.9 | -24.6 | -13.3 | -11.7 | -4.7 |
| Net margin | -1517.2% | -1554.5% | -973.7% | -680.5% | -410.6% |
| |
| Basic EPS [+] | ($0.20) | ($0.20) | ($0.11) | ($0.09) | ($0.04) |
| Growth | 91.2% | 114.9% | 155.0% | | |
| Diluted EPS [+] | ($0.20) | ($0.20) | ($0.11) | ($0.09) | ($0.04) |
| Growth | 91.2% | 114.9% | 155.0% | | |
| |
| Shares outstanding (basic) [+] | 127.3 | 123.1 | 125.5 | 125.4 | 111.9 |
| Growth | 1.5% | -1.8% | 12.2% | | |
| Shares outstanding (diluted) [+] | 127.3 | 123.1 | 125.5 | 125.4 | 111.9 |
| Growth | 1.5% | -1.8% | 12.2% | | |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |