Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 |
Revenues | 0.0 | 0.1 | 0.1 |
Revenue growth | -68.3% | 149.1% | |
Cost of goods sold | 0.9 | 0.1 | 0.0 |
Gross profit | -0.9 | 0.0 | 0.0 |
Gross margin | -1931.1% | 24.6% | 84.2% |
Sales and marketing | 1.4 | 0.7 | 0.3 |
Research and development | 2.3 | 1.4 | 0.7 |
General and administrative | 1.9 | 0.6 | 0.2 |
EBIT | -6.5 | -2.7 | -1.2 |
EBIT margin | -14351.1% | -1879.6% | -2028.1% |
Pre-tax income | -6.5 | -2.6 | -1.3 |
Income taxes | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% |
Net income | -6.5 | -2.6 | -1.3 |
Net margin | -14435.6% | -1840.8% | -2207.0% |
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Diluted EPS | ($0.53) | ($0.27) | ($0.19) |
Shares outstanding (diluted) | 12.3 | 9.7 | 6.5 |
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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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