| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Advanced Energy | 36.8 | 43.0 | 22.2 | 22.7 | 13.0 | 7.6 | 3.5 | 1.3 |
| OEM | 7.7 | 5.5 | 5.5 | 5.6 | 3.6 | 2.6 | 5.3 | 2.1 |
| Core | | | | | | | | 26.1 |
| Total revenues [+] | 44.5 | 48.5 | 27.7 | 28.2 | 16.6 | 10.2 | 8.8 | 29.5 |
| Products | 44.5 | 48.5 | 27.7 | 28.2 | | | | |
| Revenue growth [+] | -8.3% | 75.1% | -1.9% | 70.0% | 62.3% | 16.0% | -70.1% | 6.6% |
| Advanced Energy | -14.4% | 93.5% | -2.0% | 74.6% | 70.1% | 118.7% | 167.3% | |
| OEM | 39.3% | 0.6% | -1.1% | 53.6% | 39.3% | -51.2% | 151.8% | -32.8% |
| Core | | | | | | | | 7.3% |
| Cost of goods sold | 15.4 | 14.9 | 10.2 | 9.1 | 5.8 | 3.3 | 3.7 | 17.0 |
| Gross profit | 29.1 | 33.6 | 17.5 | 19.1 | 10.8 | 7.0 | 5.1 | 12.6 |
| Gross margin | 65.4% | 69.3% | 63.2% | 67.6% | 65.2% | 68.0% | 58.0% | 42.5% |
| Selling, general and administrative [+] | 48.1 | 43.7 | 33.7 | 36.2 | 21.8 | 8.7 | 15.5 | 17.4 |
| Sales and marketing | 20.5 | 18.6 | 11.7 | 13.7 | 9.4 | | 6.2 | 15.9 |
| General and administrative [+] | 27.7 | 25.1 | 22.0 | 22.5 | 12.4 | 8.7 | 9.3 | 1.5 |
| Wages and related expenses | 18.6 | 17.5 | 14.6 | 14.0 | 9.3 | 6.9 | | |
| Professional fees | 9.0 | 7.6 | 7.4 | 8.5 | 3.1 | 1.8 | 1.5 | 1.5 |
| Other selling, general and administrative | 20.5 | 18.6 | 11.7 | 13.7 | 9.4 | | 6.2 | 15.9 |
| Research and development | 4.5 | 4.3 | 3.9 | 3.7 | 2.5 | 1.9 | 1.0 | 2.2 |
| Other operating expenses | | | | | 0.7 | 10.2 | | |
| EBITDA [+] | -22.7 | -13.5 | -19.2 | -20.1 | -13.6 | -13.2 | -10.7 | -6.2 |
| EBITDA growth | 67.4% | -29.4% | -4.6% | 47.8% | 3.2% | 23.7% | 72.6% | 24.2% |
| EBITDA margin | -50.9% | -27.9% | -69.3% | -71.2% | -81.9% | -128.9% | -120.9% | -20.9% |
| Depreciation | 0.9 | 0.9 | 0.9 | 0.8 | 0.7 | 0.7 | 0.6 | 0.7 |
| EBITA | -23.6 | -14.4 | -20.1 | -20.9 | -14.3 | -13.9 | -11.3 | -6.9 |
| EBITA margin | -52.9% | -29.8% | -72.5% | -73.9% | -86.0% | -135.7% | -128.0% | -23.3% |
| Amortization of intangibles | | | | | | | 0.1 | 0.1 |
| EBIT [+] | -23.6 | -14.4 | -20.1 | -20.9 | -14.3 | -13.9 | -11.4 | -7.0 |
| EBIT growth | 63.1% | -28.1% | -3.8% | 46.2% | 2.8% | 21.9% | 63.1% | 19.4% |
| EBIT margin | -52.9% | -29.8% | -72.5% | -73.9% | -86.0% | -135.7% | -129.2% | -23.7% |
| Interest income, net [+] | 0.1 | 0.0 | 0.2 | 1.4 | 0.5 | -0.1 | -0.2 | -0.2 |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.2 | 0.2 |
| Interest income | 0.2 | 0.0 | 0.2 | 1.4 | 0.6 | | | |
| Other income (expense), net [+] | 0.5 | -0.4 | 0.5 | -0.4 | -0.9 | 0.2 | 0.1 | 1.8 |
| Unrealized gain/loss on derivatives | | | | | 0.0 | 0.2 | 0.1 | 1.8 |
| Other | 0.7 | -0.4 | 0.7 | 1.0 | -0.4 | 0.0 | -0.1 | 1.6 |
| Pre-tax income | -22.9 | -14.8 | -19.4 | -19.8 | -14.7 | -13.8 | -11.5 | -5.3 |
| Income taxes | 0.4 | 0.4 | -7.5 | -0.1 | -3.9 | -0.2 | 0.1 | 0.0 |
| Tax rate | | | 38.7% | 0.7% | 26.6% | 1.1% | | |
| Minority interest | -0.1 | 0.0 | 0.0 | | | | | |
| Earnings from continuing ops | -23.2 | -15.2 | -11.9 | -19.7 | -10.8 | -13.7 | -11.6 | 8.4 |
| Earnings from discontinued ops | | | | | 73.5 | 8.6 | 7.6 | |
| Net income | -23.2 | -15.2 | -11.9 | -19.7 | 62.7 | -5.1 | -4.0 | 8.4 |
| Net margin | -52.1% | -31.3% | -42.9% | -69.8% | 377.7% | -49.5% | -44.8% | 28.3% |
| |
| Basic EPS [+] | ($0.67) | ($0.44) | ($0.35) | ($0.58) | ($0.32) | ($0.44) | ($0.42) | $0.34 |
| Growth | 52.0% | 27.1% | -39.9% | 78.0% | -25.4% | 3.4% | -222.5% | -133.5% |
| Diluted EPS [+] | ($0.67) | ($0.44) | ($0.35) | ($0.58) | ($0.31) | ($0.44) | ($0.42) | $0.30 |
| Growth | 52.0% | 27.1% | -39.9% | 84.3% | -27.9% | 3.5% | -239.6% | -129.4% |
| |
| Shares outstanding (basic) [+] | 34.5 | 34.3 | 34.2 | 34.1 | 33.2 | 31.4 | 27.4 | 24.3 |
| Growth | 0.5% | 0.4% | 0.4% | 2.7% | 5.6% | 14.5% | 12.7% | 37.0% |
| Shares outstanding (diluted) [+] | 34.5 | 34.3 | 34.2 | 34.1 | 34.4 | 31.4 | 27.4 | 27.7 |
| Growth | 0.5% | 0.4% | 0.4% | -0.9% | 9.4% | 14.5% | -1.1% | 56.3% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |