In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: |
Service | 1.3 | 0.4 | | | | | | |
Product | 76.5 | 14.9 | 0.4 | 3.7 | | | | |
Total revenues | 77.8 | 15.3 | 0.4 | 3.7 | 0.3 | 0.3 | 0.3 | 0.4 |
Revenue growth [+] | 407.7% | 3610.7% | -88.9% | 1323.3% | -12.7% | 0.0% | -21.7% | -37.9% |
Service | 217.3% | | | | | | | |
Product | 413.0% | 3509.7% | -88.9% | | | | | |
Cost of goods sold [+] | 366.5 | 294.6 | 164.9 | 146.4 | 0.0 | 0.0 | 0.0 | 0.0 |
Amortization of intangibles | 14.0 | 6.1 | | | | | | |
Maintenance and operations costs | 352.5 | 288.5 | | | | | | |
Gross profit | -288.7 | -279.2 | -164.5 | -142.6 | 0.3 | 0.3 | 0.3 | 0.4 |
Gross margin | -371.0% | -1822.1% | -39820.6% | -3825.0% | 100.0% | 100.0% | 100.0% | 100.0% |
Selling, general and administrative | 198.8 | 151.8 | 62.0 | 53.9 | 37.4 | 29.1 | 25.1 | 19.0 |
Research and development | 116.3 | 125.8 | 102.9 | 92.5 | 80.4 | 50.4 | 47.5 | 33.4 |
Other operating expenses | -329.1 | -283.7 | -164.9 | -146.4 | | | | |
EBITDA [+] | -254.8 | -262.9 | -161.6 | -140.9 | -116.0 | -77.7 | -70.3 | -50.0 |
EBITDA growth | -3.1% | 62.7% | 14.6% | 21.4% | 49.3% | 10.5% | 40.6% | 37.6% |
EBITDA margin | -327.5% | -1715.6% | -39116.2% | -3778.7% | -44285.9% | -25903.7% | -23440.7% | -13054.6% |
Depreciation | 3.8 | 3.1 | 2.9 | 1.7 | 1.5 | 1.4 | 2.0 | 2.1 |
EBITA | -258.7 | -266.0 | -164.5 | -142.6 | -117.5 | -79.2 | -72.3 | -52.1 |
EBITA margin | -332.5% | -1735.5% | -39820.6% | -3825.0% | -44846.2% | -26385.3% | -24105.7% | -13590.1% |
Amortization of intangibles | 16.0 | 7.2 | | | | | | |
EBIT [+] | -274.7 | -273.2 | -164.5 | -142.6 | -117.5 | -79.2 | -72.3 | -52.1 |
EBIT growth | 0.6% | 66.1% | 15.3% | 21.4% | 48.4% | 9.5% | 38.9% | 36.2% |
EBIT margin | -353.1% | -1782.5% | -39820.6% | -3825.0% | -44846.2% | -26385.3% | -24105.7% | -13590.1% |
Non-recurring items [+] | | | | | 2.9 | 9.1 | | |
Asset impairment | | | | | 2.9 | 9.1 | | |
Interest expense, net [+] | 5.9 | 10.8 | -5.5 | -4.0 | -1.0 | -0.1 | 1.0 | 10.6 |
Interest expense | 6.3 | 15.1 | | 0.0 | 0.5 | 1.1 | 1.2 | 10.7 |
Interest income | 0.3 | 4.3 | 5.5 | 4.0 | 1.4 | 1.2 | 0.2 | 0.0 |
Other income (expense), net [+] | -0.7 | -0.8 | -0.5 | -3.9 | -1.1 | -1.1 | -0.2 | -0.2 |
Unrealized gain/loss on derivatives | | | | | | | | 4.0 |
Change in fair value of warrants | | | | | | | | -2.2 |
Other | -0.8 | -0.6 | -0.3 | -0.8 | -0.5 | -0.5 | -0.3 | -0.2 |
Pre-tax income | -281.3 | -284.8 | -159.4 | -142.6 | -120.6 | -89.3 | -73.5 | -62.9 |
Income taxes | 0.0 | -0.1 | 0.0 | -3.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% | 2.1% | 0.0% | 0.0% | 0.0% | |
Net income | -281.3 | -282.1 | -159.4 | -139.6 | -120.6 | -89.3 | -73.5 | -62.9 |
Net margin | -361.6% | -1840.7% | -38602.7% | -3742.8% | -46025.6% | -29756.7% | -24500.0% | -16423.0% |
|
Basic EPS [+] | ($4.17) | ($4.86) | ($3.67) | ($3.86) | ($4.01) | ($3.18) | ($3.02) | ($3.24) |
Growth | -14.3% | 32.6% | -4.9% | -3.7% | 26.2% | 5.2% | -6.9% | -376.9% |
Diluted EPS [+] | ($4.17) | ($4.86) | ($3.67) | ($3.86) | ($4.01) | ($3.18) | ($3.02) | ($3.24) |
Growth | -14.3% | 32.6% | -4.9% | -3.7% | 26.2% | 5.2% | -6.9% | -1393.9% |
|
Shares outstanding (basic) [+] | 67.5 | 58.0 | 43.5 | 36.2 | 30.1 | 28.1 | 24.3 | 19.4 |
Growth | 16.4% | 33.5% | 20.2% | 20.2% | 7.1% | 15.5% | 25.5% | 8705.5% |
Shares outstanding (diluted) [+] | 67.5 | 58.0 | 43.5 | 36.2 | 30.1 | 28.1 | 24.3 | 19.4 |
Growth | 16.4% | 33.5% | 20.2% | 20.2% | 7.1% | 15.5% | 25.5% | 1784.2% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |