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 | Dec-31-16 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues | 9.6 | 7.7 | 3.4 | 1.4 | 0.4 | 0.0 | 0.0 | 0.0 |
Revenue growth | 26.0% | 126.0% | 138.7% | 256.0% | | | | |
Cost of goods sold | 4.2 | 3.1 | 2.1 | 0.9 | 0.3 | 0.0 | 0.3 | 0.0 |
Gross profit | 5.4 | 4.6 | 1.3 | 0.5 | 0.1 | 0.0 | -0.3 | 0.0 |
Gross margin | 56.5% | 59.7% | 37.6% | 34.3% | 15.0% | | | |
Selling, general and administrative [+] | 17.6 | 18.6 | 12.6 | 10.9 | 8.1 | 6.6 | 4.8 | 3.9 |
General and administrative [+] | | | 12.6 | 10.9 | 8.1 | 6.6 | 4.8 | 3.9 |
Wages and related expenses | | | | 0.9 | 0.8 | 0.7 | | |
General and administrative expenses | | | 12.6 | 10.1 | 7.3 | 6.0 | 4.8 | 3.9 |
Research and development | 3.2 | 2.7 | 2.1 | 1.4 | 1.3 | 1.8 | 1.1 | 1.1 |
Other operating expenses | | | 2.0 | -0.8 | 8.7 | 0.2 | -6.2 | -5.0 |
EBITDA [+] | -15.4 | -16.7 | | -11.0 | | | | |
EBITDA growth | -8.0% | 8.8% | 40.3% | -39.1% | 109.2% | | | |
EBITDA margin | -159.8% | -218.7% | -454.3% | -772.9% | -4518.9% | | | |
Depreciation and amortization | 0.0 | 0.0 | | 0.1 | | | | |
EBIT [+] | -15.4 | -16.7 | -15.4 | -11.1 | -18.0 | -8.6 | 0.0 | 0.0 |
EBIT growth | -7.9% | 8.9% | 39.1% | -38.6% | 109.2% | | | |
EBIT margin | -159.9% | -218.8% | -454.3% | -779.4% | -4518.9% | | | |
Interest expense | 1.8 | 1.3 | 0.2 | | | | | |
Interest expense | 1.8 | 1.3 | 0.2 | | | | | |
Other income (expense), net [+] | -1.4 | -11.1 | 0.0 | 0.0 | 9.4 | 0.0 | -7.8 | -7.3 |
Gain (loss) on debt retirement | -0.1 | -1.2 | | | | | | |
Gain (loss) on derivative instruments | -0.5 | -0.7 | -0.4 | 0.1 | | 0.0 | | |
Other | -0.1 | 0.0 | 0.0 | 0.0 | | | | |
Pre-tax income | -18.7 | -29.1 | -15.5 | -11.1 | -8.6 | -8.6 | -7.8 | -7.3 |
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% |
Net income | -19.5 | -30.2 | -16.5 | -11.3 | -8.6 | -8.6 | -7.8 | -7.3 |
Net margin | -202.7% | -395.0% | -486.1% | -798.8% | -2157.7% | | | |
|
Basic EPS [+] | ($0.38) | ($0.66) | ($0.44) | ($0.31) | ($0.26) | ($0.29) | ($0.30) | ($0.28) |
Growth | -43.5% | 51.6% | 39.2% | 22.3% | -10.0% | -5.3% | | 18.9% |
Diluted EPS [+] | ($0.38) | ($0.66) | ($0.44) | ($0.31) | ($0.26) | ($0.29) | ($0.30) | ($0.28) |
Growth | -43.5% | 51.6% | 39.2% | 22.3% | -10.0% | -5.3% | | 18.9% |
|
Dividends per share [+] | $0.02 | $0.02 | $0.02 | $0.01 | | | | |
Growth | -14.3% | 32.3% | 221.0% | | | | | |
|
Shares outstanding (basic) [+] | 52.0 | 45.4 | 37.5 | 36.0 | 33.4 | 30.2 | 25.9 | 25.8 |
Growth | 14.3% | 21.1% | 4.4% | 7.7% | 10.6% | 16.7% | | 18.1% |
Shares outstanding (diluted) [+] | 52.0 | 45.4 | 37.5 | 36.0 | 33.4 | 30.2 | 25.9 | 25.8 |
Growth | 14.3% | 21.1% | 4.4% | 7.7% | 10.6% | 16.7% | | 18.1% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |