Resonant Inc (RESN) [Rocket]

In millions, except per share items	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
China	0.3	0.4	0.1
Other	0.3	0.0	0.2
Japan	1.6	2.7	0.5
Total revenues	2.2	3.2	0.7	0.5	0.7	0.3	0.0	0.0
Revenue growth [+]	-31.1%	329.9%	40.3%	-19.8%	116.2%
China	-28.8%	366.7%
Other	665.8%	-77.9%
Japan	-41.2%	470.6%
Cost of goods sold	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Gross profit	2.2	3.2	0.7	0.5	0.7	0.3	0.0	0.0
Gross margin	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%
Selling, general and administrative [+]	15.2	12.2	12.0	11.5	9.6	8.7	4.9	2.3
General and administrative	15.2	12.2	12.0	11.5	9.6	8.7	4.9	2.3
Research and development	22.9	19.5	18.9	14.3	10.0	6.9	4.3	2.5
Other operating expenses								1.1
EBITDA [+]	-35.1	-27.5	-29.2	-24.5	-18.3	-14.6	-9.3	-5.9
EBITDA growth	27.6%	-5.9%	19.3%	33.5%	25.5%	57.8%	57.3%	143.8%
EBITDA margin	-1609.5%	-869.2%	-3969.3%	-4666.6%	-2804.7%	-4833.1%
Depreciation	0.8	0.9	0.9	0.7	0.6	0.6	0.5	0.2
EBITA	-35.9	-28.4	-30.0	-25.2	-18.9	-15.2	-9.7	-6.1
EBITA margin	-1647.2%	-897.8%	-4087.6%	-4801.0%	-2895.9%	-5033.4%
Amortization of intangibles	0.1	0.1	0.1	0.1	0.1	0.1	0.0
EBIT [+]	-36.0	-28.5	-30.2	-25.3	-19.0	-15.3	-9.7	-6.1
EBIT growth	26.3%	-5.6%	19.2%	32.9%	24.5%	57.0%	59.7%	151.4%
EBIT margin	-1650.8%	-900.9%	-4103.3%	-4826.9%	-2915.2%	-5062.9%
Interest expense, net [+]		-0.1	-0.3	-0.5	-0.1	0.0	0.0	2.8
Interest expense								2.8
Interest income		0.1	0.3	0.5	0.1	0.0	0.0	0.0
Other income (expense), net [+]	0.0	0.0	0.0	0.0	-2.7	0.0		-0.9
Other non-operating income								1.2
Other	0.0	0.0	0.0	0.0	0.0	0.0		-1.2
Pre-tax income	-36.0	-28.4	-29.9	-24.8	-21.7	-15.3	-9.7	-9.7
Income taxes	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax rate	0.0%				0.1%	0.1%
Net income	-36.0	-28.4	-29.9	-24.8	-21.7	-15.2	-9.7	-9.7
Net margin	-1652.9%	-899.2%	-4071.8%	-4735.9%	-3315.9%	-5048.7%

Basic EPS [+]	($0.58)	($0.55)	($1.02)	($0.98)	($1.44)	($1.57)	($1.36)	($2.16)
Growth	3.9%	-45.5%	3.7%	-32.0%	-8.3%	16.0%	-37.1%	-75.0%
Diluted EPS [+]	($0.58)	($0.55)	($1.02)	($0.98)	($1.44)	($1.57)	($1.36)	($2.16)
Growth	3.9%	-45.5%	3.7%	-32.0%	-8.3%	16.0%	-37.1%	-75.0%

Shares outstanding (basic) [+]	62.5	51.3	29.4	25.3	15.0	9.7	7.2	4.5
Growth	21.9%	74.3%	16.3%	68.4%	54.9%	35.3%	58.8%	351.0%
Shares outstanding (diluted) [+]	62.5	51.3	29.4	25.3	15.0	9.7	7.2	4.5
Growth	21.9%	74.3%	16.3%	68.4%	54.9%	35.3%	58.8%	351.0%

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