Overview Financials News + Filings Key Docs Insiders
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Recent News + Filings (All items)
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Revenue Mix by Segment
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Financial Summary (All financials)
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| Revenues | 66.6 | 250.6 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 8.4 |
| Revenue growth | -73.4% | | | | | | -100.0% | 261.6% |
| Cost of goods sold | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 16.8 |
| Gross profit | 66.4 | 250.6 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -8.4 |
| Gross margin | 99.7% | 100.0% | | | | | | -100.0% |
| Research and development | 345.9 | 299.9 | 221.0 | 105.3 | 40.3 | 23.0 | 13.7 | |
| General and administrative | 176.8 | 139.4 | 67.0 | 22.6 | 10.5 | 4.3 | 6.4 | 2.9 |
| EBIT | -536.3 | -213.7 | -288.0 | -127.9 | -50.8 | -27.3 | -20.1 | -11.3 |
| EBIT margin | -805.7% | -85.3% | | | | | | -134.8% |
| Pre-tax income | -746.0 | -343.0 | -304.7 | -127.5 | -51.0 | -27.1 | -46.5 | -11.2 |
| Income taxes | 0.4 | 1.8 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -0.4 |
| Tax rate | | | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 3.9% |
| Net income | -746.4 | -344.9 | -304.7 | -127.5 | -51.0 | -27.1 | -46.5 | -10.8 |
| Net margin | -1121.3% | -137.6% | | | | | | -128.7% |
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| Diluted EPS | ($8.84) | ($4.59) | ($4.90) | ($2.34) | ($3.68) | ($3.22) | ($8.03) | ($1.10) |
| Shares outstanding (diluted) | 84.4 | 75.2 | 62.2 | 54.4 | 13.9 | 8.4 | 5.8 | 9.8 |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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