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 |
Revenues | 1.5 | 1.0 | 1.0 | 2.8 | 0.9 | 2.1 |
Revenue growth | 53.5% | -2.2% | -62.9% | 220.6% | -58.4% | |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Gross profit | 1.5 | 1.0 | 1.0 | 2.8 | 0.9 | 2.1 |
Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
Selling, general and administrative | | | | | | 0.0 |
Research and development | 36.9 | 17.0 | 24.1 | 23.0 | 17.4 | |
General and administrative | 7.3 | 6.4 | 6.0 | 3.9 | 3.2 | 0.0 |
EBITA | -42.7 | -22.4 | -30.0 | -24.1 | -19.7 | -7.9 |
EBITA margin | -2782.5% | -2241.0% | -2938.6% | -873.1% | -2294.5% | -381.2% |
Amortization of intangibles | | | 0.0 | 0.0 | 0.0 | |
EBIT | -42.7 | -22.4 | -30.0 | -24.1 | -19.7 | -7.9 |
EBIT margin | -2782.5% | -2241.0% | -2939.1% | -873.3% | -2295.1% | -381.2% |
Pre-tax income | -42.2 | -22.3 | -29.7 | -22.1 | -24.7 | -8.4 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Net income | -46.3 | -22.3 | -29.7 | -23.5 | -27.4 | -8.9 |
Net margin | -3017.6% | -2233.3% | -2904.2% | -851.0% | -3191.7% | -429.7% |
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Diluted EPS | ($3.77) | ($2.44) | ($3.51) | ($7.46) | $185,215.92 | $3,173.93 |
Shares outstanding (diluted) | 12.3 | 9.2 | 8.5 | 3.1 | 0.0 | 0.0 |
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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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