Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 |
Revenues | 29.1 | 12.4 |
Revenue growth | 135.4% | |
Cost of goods sold | 37.7 | 15.9 |
Gross profit | -8.6 | -3.5 |
Gross margin | -29.5% | -28.6% |
General and administrative | 8.6 | 3.5 |
EBIT | -37.7 | -15.9 |
EBIT margin | -129.5% | -128.6% |
Pre-tax income | -37.8 | -15.7 |
Income taxes | 0.2 | 0.1 |
Net income | -38.0 | 0.0 |
Net margin | -130.7% | 0.0% |
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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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