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 | Dec-31-15 |
Revenues | 0.0 | 0.0 | 0.0 | 0.2 | 1.8 | 1.5 | 2.0 | 1.0 |
Revenue growth | | | -100.0% | -88.9% | 20.4% | -27.3% | 106.9% | -65.2% |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.9 |
Gross profit | 0.0 | 0.0 | 0.0 | 0.2 | 1.8 | 1.5 | 2.0 | 0.1 |
Gross margin | | | | 100.0% | 100.0% | 100.0% | 100.0% | 5.9% |
Selling, general and administrative | 10.8 | 14.5 | 14.9 | 12.4 | 7.4 | 6.7 | 8.4 | 11.0 |
Research and development | 11.1 | 17.8 | 15.4 | 12.7 | 10.6 | 17.4 | 31.7 | 28.9 |
EBITA | -21.9 | -32.3 | -30.3 | -24.7 | -15.3 | -22.5 | -38.0 | -39.8 |
EBITA margin | | | | -12489.9% | -857.5% | -1518.4% | -1862.7% | -4035.9% |
Amortization of intangibles | | | | 0.2 | 0.9 | | | |
EBIT | -21.9 | -32.3 | -30.3 | -24.9 | -16.2 | -22.5 | -38.0 | -39.8 |
EBIT margin | | | | -12572.2% | -905.8% | -1518.4% | -1862.7% | -4035.9% |
Pre-tax income | -40.6 | -77.6 | -32.6 | -27.5 | -20.5 | -18.4 | -39.5 | -55.2 |
Income taxes | 1.4 | 10.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | | | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Net income | -39.2 | -67.6 | -32.6 | -27.5 | -34.8 | -24.8 | -39.5 | -55.2 |
Net margin | | | | -13876.3% | -1943.8% | -1671.1% | -1933.9% | -5589.7% |
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Diluted EPS | ($62.22) | ($136.57) | ($2.08) | ($2.51) | ($7.74) | ($24.14) | ($94.93) | ($7.92) |
Shares outstanding (diluted) | 0.6 | 0.5 | 15.7 | 10.9 | 4.5 | 1.0 | 0.4 | 7.0 |
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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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