Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 |
Revenues | 7.2 | 6.3 | 5.2 |
Revenue growth | 14.2% | 21.7% | |
Cost of goods sold | 2.9 | 1.8 | 0.9 |
Gross profit | 4.3 | 4.5 | 4.2 |
Gross margin | 59.2% | 72.1% | 82.3% |
Sales and marketing | 10.1 | 6.2 | 3.7 |
EBITA | -49.7 | -24.0 | 11.5 |
EBITA margin | -692.5% | -382.9% | 223.4% |
Amortization of intangibles | 0.1 | 0.1 | 0.1 |
EBIT | -49.8 | -24.1 | 11.4 |
EBIT margin | -693.9% | -384.5% | 221.5% |
Pre-tax income | -51.5 | -31.5 | -10.0 |
Income taxes | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% |
Net income | -51.5 | -31.5 | -10.0 |
Net margin | -718.4% | -502.4% | -194.2% |
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Diluted EPS | ($0.43) | ($0.25) | ($0.08) |
Shares outstanding (diluted) | 119.6 | 125.3 | 127.2 |
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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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