In millions, except per share items | Jun-30-23 | Mar-31-23 | Dec-31-22 | Jun-30-22 | Mar-31-22 | Dec-31-21 | Jun-30-21 | Mar-31-21 |
| 10-Q | 10-Q | 8-K | 10-Q | 10-Q | 8-K | 10-Q | 10-Q |
Total revenues [+] | 0.0 | 0.0 | 0.9 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Licensing | | | 0.9 | | | 0.0 | | |
Revenue growth | 115.5% | 17.9% | 11529.4% | -56.8% | 10.8% | -99.5% | -2.7% | -99.9% |
Cost of goods sold | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
Gross profit | -0.1 | -0.1 | 0.8 | -0.1 | -0.1 | -0.1 | -0.1 | -0.1 |
Gross margin | -1367.7% | -1466.2% | 86.6% | -3063.0% | -1746.9% | -1462.5% | -1267.8% | -1946.5% |
Selling, general and administrative [+] | 2.0 | 2.6 | 2.2 | 2.2 | 2.3 | 1.8 | 0.8 | 0.6 |
General and administrative | | | 2.2 | | | 1.8 | | |
Research and development | 3.6 | 4.4 | 4.7 | 5.0 | 4.0 | 3.1 | 2.5 | 1.9 |
Equity in earnings | | | | | | | | -0.2 |
Other operating expenses | 0.9 | 1.0 | 1.0 | 0.9 | 0.8 | 0.5 | 0.2 | 0.2 |
EBITDA [+] | -6.4 | -7.8 | | -8.0 | -6.9 | | -3.5 | -2.9 |
EBITDA growth | -19.6% | 12.7% | 31.4% | 124.7% | 137.9% | 80.2% | -95.0% | -99.9% |
EBITDA margin | -75131.8% | -97846.1% | -771.8% | -201438.7% | -102404.4% | -68306.6% | -38772.7% | -47689.3% |
Depreciation and amortization | 0.3 | 0.3 | | 0.3 | 0.3 | | 0.0 | 0.0 |
EBIT [+] | -6.7 | -8.1 | -7.2 | -8.2 | -7.2 | -5.5 | -3.6 | -2.9 |
EBIT growth | -18.8% | 12.6% | 31.4% | 130.5% | 144.4% | 80.2% | 4.7% | -99.9% |
EBIT margin | -78530.1% | -101478.9% | -771.8% | -208362.0% | -106288.8% | -68306.6% | -39091.6% | -48180.9% |
Interest income | 0.2 | 0.1 | | 0.1 | 0.0 | | 0.0 | 0.0 |
Interest income | 0.2 | 0.1 | | 0.1 | 0.0 | | 0.0 | 0.0 |
Other income (expense), net [+] | 0.0 | 0.5 | 7.2 | 0.0 | 0.0 | 5.5 | -0.1 | 2.5 |
Amortization of financing costs and debt discount | | | | | | | 0.0 | 0.0 |
Gain (loss) on investments | | | | | | | | 2.0 |
Gain (loss) on debt retirement | | | | | | | | 0.5 |
Pre-tax income | -6.5 | -7.5 | 0.0 | -8.2 | -7.2 | 0.0 | -3.7 | -0.4 |
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% |
Net income | -6.5 | -7.5 | 0.0 | -8.2 | -7.2 | 0.0 | -3.7 | -0.4 |
Net margin | -76675.1% | -93724.5% | 0.0% | -207039.2% | -106438.4% | 0.0% | -40516.8% | -7111.0% |
|
Basic EPS [+] | ($0.24) | ($0.33) | $0.00 | ($0.40) | ($0.35) | $0.00 | ($1.27) | ($0.19) |
Growth | -39.6% | -5.5% | | -68.8% | 82.7% | -100.0% | -15.2% | -86.3% |
Diluted EPS [+] | ($0.24) | ($0.33) | $0.00 | ($0.40) | ($0.35) | $0.00 | ($1.27) | ($0.19) |
Growth | -39.6% | -5.5% | | -68.8% | 82.7% | -100.0% | -15.2% | -86.3% |
|
Shares outstanding (basic) [+] | 27.3 | 22.5 | 20.9 | 20.6 | 20.5 | 20.3 | 2.9 | 2.3 |
Growth | 32.2% | 9.9% | 2.8% | 607.5% | 808.0% | 830.7% | 33.5% | -99.9% |
Shares outstanding (diluted) [+] | 27.3 | 22.5 | 20.9 | 20.6 | 20.5 | 20.3 | 2.9 | 2.3 |
Growth | 32.2% | 9.9% | 2.8% | 607.5% | 808.0% | 830.7% | 33.5% | -99.9% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |