Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 |
Revenues | 6.3 | 6.2 |
Revenue growth | 1.5% | |
Cost of goods sold | 14.6 | 12.4 |
Gross profit | -8.3 | -6.2 |
Gross margin | -131.3% | -99.5% |
General and administrative | 8.3 | 6.2 |
EBIT | -14.6 | -12.4 |
EBIT margin | -231.3% | -199.5% |
Pre-tax income | -16.4 | -13.6 |
Income taxes | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% |
Net income | -16.4 | -13.6 |
Net margin | -259.2% | -219.1% |
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Diluted EPS | ($1.81) | ($1.63) |
Shares outstanding (diluted) | 9.0 | 8.4 |
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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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