Overview Financials News + Filings Key Docs Ownership 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-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 |
| Revenues | 209.0 | 112.4 | 16.5 | 26.4 | 1.0 |
| Revenue growth | 86.0% | 582.5% | -37.7% | 2457.0% | |
| Cost of goods sold | 194.0 | 94.1 | 31.5 | 50.8 | 5.5 |
| Gross profit | 15.1 | 18.3 | -15.0 | -24.4 | -4.4 |
| Gross margin | 7.2% | 16.3% | -91.4% | -92.1% | -428.8% |
| Sales and marketing | 68.1 | 48.0 | 13.1 | 18.7 | 14.7 |
| Research and development | 96.9 | 68.1 | 43.1 | 54.7 | 59.6 |
| General and administrative | 83.1 | 78.0 | 20.7 | 11.3 | 44.9 |
| EBITA | -194.3 | -183.9 | -91.2 | -109.0 | -123.6 |
| EBITA margin | -93.0% | -163.6% | -553.5% | -412.4% | -11954.8% |
| Amortization of intangibles | 38.7 | 17.5 | 0.9 | | |
| EBIT | -233.0 | -201.5 | -92.1 | -109.0 | -123.6 |
| EBIT margin | -111.5% | -179.2% | -558.9% | -412.4% | -11954.8% |
| Pre-tax income | -741.8 | -270.0 | -35.0 | -103.6 | -121.3 |
| Income taxes | -1.5 | -29.7 | -0.9 | 0.0 | 0.0 |
| Tax rate | 0.2% | 11.0% | 2.7% | 0.0% | 0.0% |
| Net income | -740.3 | -240.3 | -34.0 | -103.6 | -121.3 |
| Net margin | -354.2% | -213.8% | -206.5% | -391.8% | -11734.9% |
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| Diluted EPS | ($2.35) | ($0.92) | ($0.22) | ($0.69) | ($7.36) |
| Shares outstanding (diluted) | 314.8 | 260.8 | 157.9 | 150.0 | 16.5 |
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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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