Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 |
Revenues | 1.7 | 174.1 |
Revenue growth | -99.0% | |
Cost of goods sold | 3.9 | 1.6 |
Gross profit | -2.2 | 172.5 |
Gross margin | -126.3% | 99.1% |
Selling, general and administrative | 1.7 | 0.1 |
EBIT | -2.2 | -1.5 |
EBIT margin | -126.3% | -0.9% |
Pre-tax income | 5.0 | -0.4 |
Income taxes | -0.4 | 0.0 |
Tax rate | | 0.0% |
Net income | 5.4 | -0.4 |
Net margin | 313.6% | -0.2% |
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Diluted EPS | $1.25 | ($0.02) |
Shares outstanding (diluted) | 4.3 | 16.8 |
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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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