Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 |
Revenues | -7.6 | -15.6 | 0.1 | 0.2 |
Revenue growth | -50.9% | -15000.3% | -47.7% | |
Cost of goods sold | 0.0 | 0.0 | 2.3 | 0.4 |
Gross profit | -7.6 | -15.6 | -2.2 | -0.2 |
Gross margin | 100.0% | 100.0% | -2135.9% | -82.0% |
Selling, general and administrative | | | | 0.2 |
General and administrative | 2.6 | 3.0 | 1.2 | |
EBIT | -29.4 | -41.3 | -30.0 | 31.2 |
EBIT margin | 384.8% | 265.4% | -28720.8% | 15650.5% |
Pre-tax income | 28.7 | 36.0 | 220.6 | 0.0 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% | |
Net income | 28.7 | 36.0 | 220.6 | 0.0 |
Net margin | -376.2% | -231.1% | 211276.8% | 0.0% |
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Diluted EPS | $0.46 | $0.66 | $6.45 | |
Shares outstanding (diluted) | 63.0 | 54.5 | 34.2 | |
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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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