Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 |
Revenues | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Cost of goods sold | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Gross profit | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Gross margin | 0.0% | | | | | | |
Research and development | 7.6 | 6.5 | 4.1 | 2.0 | 1.8 | 0.9 | 0.3 |
General and administrative | 2.9 | 2.6 | 2.4 | 2.4 | 1.6 | 1.2 | 0.9 |
EBIT | -10.5 | -9.1 | -6.5 | -4.3 | -3.3 | -2.1 | -1.2 |
EBIT margin | -12659.3% | | | | | | |
Pre-tax income | -10.5 | -9.1 | -6.3 | -4.2 | -3.2 | -16.6 | -1.2 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | | 0.0% | 0.0% | 0.0% | |
Net income | -10.5 | -9.1 | -6.3 | -4.2 | -3.2 | -16.6 | -1.2 |
Net margin | -12633.8% | | | | | | |
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Diluted EPS | ($0.83) | ($0.73) | ($0.58) | ($0.45) | ($0.35) | ($1.89) | |
Shares outstanding (diluted) | 12.7 | 12.5 | 11.0 | 9.3 | 9.3 | 8.8 | |
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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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