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-31-21 | Dec-31-20 | Dec-31-19 |
| Revenues | 82.5 | 0.0 | 19.6 |
| Revenue growth | | -100.0% | |
| Cost of goods sold | -4.5 | 0.0 | 0.2 |
| Gross profit | 87.1 | 0.0 | 19.4 |
| Gross margin | 105.5% | | 99.2% |
| Selling, general and administrative | 115.9 | 38.7 | 25.6 |
| Research and development | 697.3 | 179.4 | 107.4 |
| EBIT | -730.7 | -218.1 | -113.5 |
| EBIT margin | -885.2% | | -579.1% |
| Pre-tax income | -760.0 | -214.4 | -101.8 |
| Income taxes | -4.5 | 0.0 | -7.8 |
| Tax rate | 0.6% | | 7.6% |
| Net income | -755.5 | -214.4 | -94.1 |
| Net margin | -915.3% | | -480.0% |
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| Diluted EPS | ($1.22) | ($0.79) | ($0.37) |
| Shares outstanding (diluted) | 620.8 | 270.9 | 254.4 |
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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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