ReShape Weightloss Inc. (RSLS) [Rocket]

In millions, except per share items	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14	Dec-31-13
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
United States	8.3	13.3
Australia	1.1	1.2
Rest of world	0.1
Other	1.8	0.6
Total revenues [+]	11.3	15.1	0.6	0.6	0.8	0.3	0.0	0.0
Products					0.8	0.3
Revenue growth [+]	-25.1%	2385.8%	6.6%	-27.6%	169.4%			-100.0%
United States	-37.8%
Australia	-6.9%
Cost of goods sold	5.0	5.8	0.2	0.3	0.4	0.1	0.0	0.0
Gross profit	6.3	9.3	0.4	0.2	0.4	0.2	0.0	0.0
Gross margin	55.4%	61.7%	73.0%	41.4%	45.2%	57.2%
Selling, general and administrative [+]	15.2	22.1	19.3	22.8	18.0	19.9	14.6	13,658.8
Sales and marketing	4.7	4.8	5.2
General and administrative	10.5	17.2	14.0
Other selling, general and administrative	4.7	4.8	5.2
Research and development	3.5	3.1	5.7	5.4	5.2	8.1	11.0	11,075.5
EBITDA [+]	-10.8	-14.2	-24.1	-27.9	-22.7	-27.7	-25.4	-24,734.1
EBITDA growth	-23.9%	-41.2%	-13.5%	23.0%	-18.1%	8.9%	-99.9%	110706.3%
EBITDA margin	-95.5%	-94.0%	-3970.5%	-4895.7%	-2880.0%	-9478.5%
Depreciation	0.0	0.0	0.2	0.1	0.1	0.2	0.2	0.2
EBITA	-10.8	-14.2	-24.3	-28.0	-22.8	-27.9	-25.6	-24,734.3
EBITA margin	-95.6%	-94.2%	-4010.4%	-4915.3%	-2897.8%	-9543.4%
Amortization of intangibles	1.7	1.7	0.2	0.1
EBIT [+]	-12.5	-15.9	-24.5	-28.1	-22.8	-27.9	-25.6	-24,734.3
EBIT growth	-21.6%	-35.3%	-12.5%	23.1%	-18.2%	8.9%	-99.9%	109591.6%
EBIT margin	-110.2%	-105.3%	-4043.0%	-4929.1%	-2897.8%	-9543.4%
Non-recurring items [+]		8.6	14.0
Asset impairment		6.6	14.0
Loss (gain) on sale of assets		0.5
Legal settlement		1.5
Interest expense, net [+]	2.0	0.5	0.0	0.0	4.1	0.9	0.5	926.6
Interest expense	2.0	0.5	0.0	0.0	4.1	0.9	0.5	932.4
Interest income					0.0	0.0	0.0	5.7
Other income (expense), net [+]	-7.3	-50.2	-0.2	-4.7	3.5	3.3	0.0	-119.7
Gain (loss) on debt retirement	-7.7	-0.1
Gain (loss) on foreign currency transactions	-0.4	-0.2
Change in fair value of warrants				4.7	3.5	3.3
Other		-1.3	0.0	0.0	0.0	0.0	0.0	119.7
Pre-tax income	-21.8	-75.1	-38.7	-32.8	-23.4	-25.5	-26.1	-25,780.7
Income taxes	-0.2	-0.9	-3.4	-2.3	0.0	0.0	0.0	0.0
Tax rate	0.8%	1.2%	8.9%	7.1%	0.0%	0.0%	0.0%	0.0%
Net income	-21.6	-74.2	-84.2	-33.8	-23.4	-25.5	-26.1	-25,780.7
Net margin	-191.4%	-491.8%	-13876.6%	-5941.7%	-2969.6%	-8732.4%

Basic EPS [+]	($3.12)	($42.93)	($9,023.14)	($6,442.75)	($37.53)	($298.97)	($404.25)	($7.03)
Growth	-92.7%	-99.5%	40.1%	17066.2%	-87.4%	-26.0%	5650.5%	1084.7%
Diluted EPS [+]	($3.12)	($42.93)	($9,023.14)	($6,442.75)	($37.53)	($298.97)	($404.25)	($7.03)
Growth	-92.7%	-99.5%	40.1%	17066.2%	-87.4%	-26.0%	5650.5%	1084.7%


Shares outstanding (basic) [+]	6.9	1.7	0.0	0.0	0.6	0.1	0.1	3,667.3
Growth	300.7%	18418.7%	77.8%	-99.2%	629.8%	32.0%	-100.0%	9175.8%
Shares outstanding (diluted) [+]	6.9	1.7	0.0	0.0	0.6	0.1	0.1	3,667.3
Growth	300.7%	18418.7%	77.8%	-99.2%	629.8%	32.0%	-100.0%	9175.8%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.