Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 |
Revenues | 0.5 | 0.3 |
Revenue growth | 45.8% | |
Cost of goods sold | 0.8 | 1.1 |
Gross profit | -0.3 | -0.7 |
Gross margin | -51.3% | -206.3% |
Sales and marketing | 0.2 | 0.2 |
General and administrative | 1.4 | 2.7 |
EBIT | -2.4 | -4.1 |
EBIT margin | -474.3% | -1197.5% |
Pre-tax income | -0.4 | 2.5 |
Income taxes | 0.1 | 0.0 |
Tax rate | | 0.0% |
Net income | -0.5 | 2.5 |
Net margin | -97.4% | 726.2% |
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Diluted EPS | ($0.04) | $0.10 |
Shares outstanding (diluted) | 12.2 | 24.2 |
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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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