Miromatrix Medical Inc. (MIRO) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19
	10-K	10-K	10-K	S-1/A
Total revenues [+]	1.0	0.0	0.0	250.0
Licensing				250.0
Revenue growth	2783.5%	-28.9%	-100.0%
Cost of goods sold	0.5	0.5	0.5	250.0
Gross profit	0.5	-0.5	-0.5	0.0
Gross margin	47.6%	-1412.1%	-974.6%	0.0%
Selling, general and administrative [+]	8.7	4.6	2.1	2,436.0
General and administrative				2,436.0
Research and development	18.3	10.8	7.3	6,266.7
Equity in earnings		-0.2	-2.4	-1,025.0
Other operating expenses	3.8	1.1	0.4	289.0
EBITDA [+]	-29.3	-17.0	-12.4	-9,672.5
EBITDA growth	71.9%	36.8%	-99.9%
EBITDA margin	-3068.4%	-51475.0%	-26749.6%	-3869.0%
Depreciation and amortization	1.1	0.2	0.2	344.1
EBIT [+]	-30.4	-17.2	-12.6	-10,016.7
EBIT growth	76.7%	36.2%	-99.9%
EBIT margin	-3184.6%	-51982.8%	-27115.7%	-4006.7%
Interest income, net [+]	0.3	0.0	0.0	58.0
Interest expense				48.4
Interest income	0.3	0.0	0.0	106.4
Other income (expense), net [+]	0.1	2.5	2.3	1,456.9
Amortization of financing costs and debt discount		-0.1	-0.1
Gain (loss) on investments			2.1
Gain (loss) on debt retirement		0.6
Pre-tax income	-30.0	-14.7	-10.3	-8,501.7
Income taxes	0.0	0.0	0.0	-4,454.9
Tax rate	0.0%	0.0%	0.0%	52.4%
Earnings from continuing ops	-30.0	-14.7	-10.3	-4,046.8
Earnings from discontinued ops				1,802.6
Net income	-30.0	-14.7	-10.3	-4,046.8
Net margin	-3142.2%	-44368.1%	-22156.8%	-1618.7%

Basic EPS [+]	($1.45)	($1.28)	($4.76)	($1.98)
Growth	13.1%	-73.2%	140.4%
Diluted EPS [+]	($1.45)	($1.28)	($4.76)	($1.98)
Growth	13.1%	-73.2%	140.4%

Shares outstanding (basic) [+]	20.7	11.5	2.2	2,043.4
Growth	80.5%	430.4%	-99.9%
Shares outstanding (diluted) [+]	20.7	11.5	2.2	2,043.4
Growth	80.5%	430.4%	-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.