Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 |
Revenues | 0.8 | 0.6 | 0.2 |
Revenue growth | 34.1% | 274.3% | |
Cost of goods sold | 18.4 | 7.8 | 5.7 |
Gross profit | -17.6 | -7.2 | -5.5 |
Gross margin | -2310.2% | -1265.6% | -3641.4% |
Selling, general and administrative | 13.6 | 13.3 | 5.1 |
Research and development | 9.5 | 8.8 | 6.6 |
General and administrative | | | 0.0 |
EBIT | -42.4 | -29.5 | -17.3 |
EBIT margin | -5560.8% | -5179.1% | -11369.1% |
Pre-tax income | -144.6 | -137.3 | -18.3 |
Income taxes | 0.1 | 0.0 | 0.0 |
Net income | -158.5 | -170.4 | -98.8 |
Net margin | -20772.9% | -29948.7% | -64980.3% |
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Diluted EPS | ($6.73) | ($23.20) | ($6.27) |
Shares outstanding (diluted) | 23.6 | 7.3 | 15.7 |
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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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