Overview Financials News + Filings Key Docs Charts Ownership Insiders
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| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | S-1/A |
| Revenues | 70.8 | 19.8 | 44.9 | 17.0 | 3.4 | 14.1 |
| Revenue growth | 257.7% | -56.0% | 164.7% | 405.6% | -76.2% | |
| Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 16.9 |
| Gross profit | 70.8 | 19.8 | 44.9 | 17.0 | 3.4 | -2.8 |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | -20.0% |
| Selling, general and administrative [+] | 32.1 | 27.8 | 18.5 | 10.2 | 5.4 | 2.8 |
| General and administrative | 32.1 | 27.8 | 18.5 | 10.2 | 5.4 | 2.8 |
| Research and development | 102.1 | 87.8 | 73.6 | 53.7 | 22.6 | |
| Other operating expenses | | | | | | 11.3 |
| EBITDA [+] | -62.4 | -94.8 | -46.1 | -46.2 | -24.1 | -16.5 |
| EBITDA growth | -34.2% | 105.8% | -0.2% | 91.7% | 46.0% | |
| EBITDA margin | -88.1% | -478.8% | -102.5% | -271.9% | -717.4% | -117.0% |
| Depreciation and amortization | 1.0 | 1.0 | 1.1 | 0.8 | 0.5 | 0.4 |
| EBIT [+] | -63.4 | -95.8 | -47.2 | -47.0 | -24.6 | -16.9 |
| EBIT growth | -33.8% | 103.1% | 0.4% | 90.8% | 45.5% | |
| EBIT margin | -89.5% | -484.0% | -105.0% | -276.8% | -733.4% | -120.0% |
| Interest income, net [+] | 4.6 | 0.3 | 1.6 | 4.7 | 0.9 | 0.0 |
| Interest expense | | | | | 0.0 | |
| Interest income | 4.6 | 0.3 | 1.6 | 4.7 | 0.9 | 0.0 |
| Other income (expense), net [+] | -0.1 | 0.0 | 0.0 | -0.1 | 0.0 | 0.0 |
| Other non-ooperating expenses | | | | | -0.1 | |
| Other | -0.1 | 0.0 | 0.0 | -0.1 | 0.8 | |
| Pre-tax income | -59.0 | -95.5 | -45.6 | -42.4 | -23.8 | -16.9 |
| Income taxes | 0.1 | 0.0 | -0.6 | 0.9 | 0.0 | 0.0 |
| Tax rate | | 0.0% | 1.3% | | 0.0% | 0.0% |
| Net income | -59.0 | -95.5 | -45.0 | -43.3 | -23.8 | -16.9 |
| Net margin | -83.4% | -482.7% | -100.1% | -255.2% | -709.7% | -120.0% |
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| Basic EPS [+] | ($1.55) | ($2.67) | ($1.47) | ($2.69) | ($22.28) | ($16,920.00) |
| Growth | -42.0% | 81.5% | -45.3% | -87.9% | -99.9% | |
| Diluted EPS [+] | ($1.55) | ($2.67) | ($1.47) | ($2.69) | ($22.28) | ($16,920.00) |
| Growth | -42.0% | 81.5% | -45.3% | -87.9% | -99.9% | |
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| Shares outstanding (basic) [+] | 38.1 | 35.8 | 30.6 | 16.1 | 1.1 | 0.0 |
| Growth | 6.5% | 17.0% | 90.0% | 1405.2% | 106876.2% | |
| Shares outstanding (diluted) [+] | 38.1 | 35.8 | 30.6 | 16.1 | 1.1 | 0.0 |
| Growth | 6.5% | 17.0% | 90.0% | 1405.2% | 106876.2% | |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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