Financial Summary (All financials)
In millions, except per share items | Dec-31-20 | Dec-31-19 |
Revenues | 0.0 | 0.0 |
Cost of goods sold | 0.0 | 0.0 |
Gross profit | 0.0 | 0.0 |
Research and development | 5.4 | 3.5 |
General and administrative | 2.8 | 1.0 |
EBIT | -8.3 | -4.4 |
Pre-tax income | -8.3 | -4.4 |
Income taxes | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% |
Net income | -8.3 | -4.4 |
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Diluted EPS | ($0.59) | ($0.31) |
Shares outstanding (diluted) | 14.1 | 14.1 |
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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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