In millions, except per share items | Mar-31-23 | Mar-31-22 | Mar-31-21 | Mar-31-20 | Mar-31-19 | Mar-31-18 | Mar-31-17 | Mar-31-16 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K/A | 10-K/A |
Revenues: |
License | | | | | | | | 0.5 |
Revenues | 0.9 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 |
Revenue growth | 693.5% | 819.0% | 250.6% | | -100.0% | -78.8% | -90.5% | -118.8% |
Cost of goods sold | 0.5 | 0.2 | 0.0 | 0.0 | 0.1 | -4.5 | 0.0 | 0.0 |
Gross profit | 0.4 | -0.1 | 0.0 | 0.0 | -0.1 | 4.5 | 0.0 | 0.1 |
Gross margin | 42.6% | -74.0% | 15.0% | -449.3% | | 295114.2% | 100.0% | 100.0% |
Selling, general and administrative [+] | 8.4 | 4.5 | 1.9 | 3.2 | 7.9 | 3.7 | 16.2 | 3.2 |
Sales and marketing | 3.4 | 1.3 | 0.1 | 0.2 | 0.0 | | | |
General and administrative [+] | 5.0 | 3.1 | 1.8 | 3.0 | 7.9 | 3.7 | 16.2 | 3.2 |
General and administrative expenses | 5.0 | 3.1 | 1.8 | 1.8 | 4.3 | 2.2 | 16.2 | 3.2 |
Research and development | 0.7 | 0.5 | 0.1 | 0.0 | 0.2 | 0.1 | 0.2 | 0.2 |
Other operating expenses | | | | -1.8 | -4.3 | 2.3 | | |
EBITDA [+] | -8.6 | -5.0 | -1.9 | -1.4 | -3.9 | -1.6 | -15.6 | -2.5 |
EBITDA growth | 72.7% | 166.6% | 35.9% | -64.9% | 138.9% | -89.5% | 523.8% | 108.6% |
EBITDA margin | -939.7% | -4318.3% | -14885.3% | -38405.7% | | -108737.0% | -219579.0% | -3343.4% |
Depreciation | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.7 | 0.7 |
EBITA | -8.7 | -5.0 | -1.9 | -1.4 | -3.9 | -1.6 | -16.4 | -3.3 |
EBITA margin | -951.2% | -4367.2% | -15175.9% | -38857.8% | | -108811.0% | -230062.5% | -4334.9% |
Amortization of intangibles | 0.0 | 0.0 | 0.1 | 0.5 | 0.6 | 0.6 | | |
EBIT [+] | -8.7 | -5.1 | -2.0 | -1.9 | -4.6 | -2.3 | -16.4 | -3.3 |
EBIT growth | 72.7% | 158.1% | 1.1% | -57.6% | 99.9% | -86.1% | 404.1% | 170.5% |
EBIT margin | -952.2% | -4374.7% | -15574.7% | -54000.5% | | -151345.5% | -230062.5% | -4334.9% |
Non-recurring items [+] | | | | 0.1 | 0.1 | | | |
Asset impairment | | | | 0.0 | 0.1 | | | |
Loss (gain) on sale of assets | | | | 0.0 | | | | |
Legal settlement | | | | 0.0 | | | | |
Interest expense, net [+] | 0.0 | 0.0 | 0.2 | 0.0 | 0.1 | 0.1 | | 0.3 |
Interest expense | | | 0.2 | 0.0 | 0.1 | 0.1 | | 0.3 |
Interest income | 0.0 | 0.0 | | | | | | |
Other income (expense), net [+] | | 0.0 | -1.3 | 0.0 | | 0.0 | -0.1 | -1.2 |
Amortization of financing costs and debt discount | | | | | | | | -1.0 |
Gain (loss) on debt retirement | | | 0.4 | -0.1 | | 0.0 | | -0.4 |
Unrealized gain/loss on derivatives | | | | | | | | 0.2 |
Other | | | | | | -0.1 | | |
Pre-tax income | -8.7 | -5.0 | -3.5 | -2.1 | -4.8 | -2.3 | -16.5 | -4.7 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Minority interest | | | | | | | 1.0 | 1.1 |
Net income | -8.7 | -5.0 | -3.5 | -2.1 | -4.8 | -2.3 | -16.5 | -4.7 |
Net margin | -950.5% | -4338.8% | -28007.5% | -58047.2% | | -154790.6% | -231916.0% | -6307.7% |
|
Basic EPS [+] | ($0.85) | ($0.57) | ($0.57) | ($0.10) | ($0.26) | ($0.14) | ($1.84) | ($0.60) |
Growth | 49.0% | 0.7% | 479.1% | -61.9% | 86.9% | -92.5% | 206.3% | 192.8% |
Diluted EPS [+] | ($0.85) | ($0.57) | ($0.57) | ($0.10) | ($0.26) | ($0.14) | ($1.84) | ($0.60) |
Growth | 49.0% | 0.7% | 479.1% | -61.9% | 86.9% | -92.5% | 206.3% | 192.8% |
|
Shares outstanding (basic) [+] | 10.2 | 8.8 | 6.2 | 21.2 | 18.5 | 16.9 | 9.0 | 7.9 |
Growth | 16.7% | 41.3% | -70.8% | 15.0% | 8.9% | 89.2% | 14.0% | 3.2% |
Shares outstanding (diluted) [+] | 10.2 | 8.8 | 6.2 | 21.2 | 18.5 | 16.9 | 9.0 | 7.9 |
Growth | 16.7% | 41.3% | -70.8% | 15.0% | 8.9% | 89.2% | 14.0% | 3.2% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |