Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 |
Revenues | -0.1 | -0.1 |
Revenue growth | 0.0% | |
Cost of goods sold | 0.0 | 0.0 |
Gross profit | -0.1 | -0.1 |
Gross margin | 100.0% | 100.0% |
General and administrative | 2.0 | 0.9 |
EBIT | -2.2 | -1.0 |
EBIT margin | 1801.3% | 812.2% |
Pre-tax income | 8.5 | 15.8 |
Income taxes | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% |
Net income | 8.5 | 15.8 |
Net margin | -7068.6% | -13140.0% |
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Diluted EPS | $0.26 | $0.39 |
Shares outstanding (diluted) | 33.0 | 40.5 |
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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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