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 | 10-K |
Revenues | 138.3 | 83.2 | 11.3 | 2.8 | 0.0 | 0.0 |
Revenue growth | 66.3% | 634.5% | 298.5% | | | |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 6.1 | 0.0 | 0.0 |
Gross profit | 138.3 | 83.2 | 11.3 | -3.3 | 0.0 | 0.0 |
Gross margin | 100.0% | 100.0% | 100.0% | -116.0% | | |
Selling, general and administrative [+] | 11.9 | 10.2 | 3.4 | 0.9 | 0.1 | |
General and administrative | 11.9 | 10.2 | 3.4 | 0.9 | 0.1 | 0.0 |
Equity in earnings | 12.4 | -0.5 | 2.1 | 0.3 | | |
Other operating expenses | 100.8 | 98.9 | 8.4 | -3.8 | | |
EBITDA [+] | 38.0 | -26.4 | 1.7 | -0.1 | | |
EBITDA growth | -243.8% | -1669.0% | -1358.2% | 33.6% | | |
EBITDA margin | 27.5% | -31.8% | 14.9% | -4.7% | | |
Depreciation and amortization | 54.6 | 63.4 | 7.0 | 2.7 | | |
EBIT [+] | -16.6 | -89.8 | -5.3 | -2.9 | -0.1 | 0.0 |
EBIT growth | -81.6% | 1601.1% | 83.9% | 2766.1% | | |
EBIT margin | -12.0% | -108.0% | -46.6% | -101.1% | | |
Interest expense, net [+] | 52.2 | 26.7 | 3.5 | | | |
Interest expense | 52.3 | 27.0 | 3.7 | | | |
Interest income | 0.1 | 0.2 | 0.2 | | | |
Other income (expense), net [+] | 42.7 | 10.9 | 0.2 | -0.4 | | |
Gain (loss) on sale of assets | | 10.9 | | | | |
Gain (loss) on sale of business | 8.1 | | | | | |
Other non-operating income | | | | 0.5 | | |
Other non-ooperating expenses | | | | -0.9 | | |
Other | 3.9 | 0.0 | 0.2 | -0.4 | | |
Pre-tax income | -26.1 | -105.7 | -8.6 | -3.3 | -0.1 | 0.0 |
Income taxes | 8.0 | 1.2 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | | | 0.0% | 0.0% | 0.0% | |
Net income | -15.6 | -43.9 | -8.6 | -3.3 | -0.1 | 0.0 |
Net margin | -11.3% | -52.8% | -75.5% | -116.0% | | |
|
Basic EPS [+] | ($0.53) | ($2.49) | ($0.79) | ($0.70) | ($3.13) | $0.00 |
Growth | -78.6% | 214.5% | 13.4% | -77.6% | | |
Diluted EPS [+] | ($0.53) | ($2.49) | ($0.79) | ($0.70) | ($3.13) | $0.00 |
Growth | -78.6% | 214.5% | 13.4% | -77.6% | | |
|
Dividends per share [+] | | | | $0.50 | | |
Growth | | | -100.0% | | | |
|
Shares outstanding (basic) [+] | 29.3 | 17.6 | 10.8 | 4.7 | 0.0 | 0.0 |
Growth | 66.3% | 63.3% | 128.8% | 14598.6% | 60.3% | |
Shares outstanding (diluted) [+] | 29.3 | 17.6 | 10.8 | 4.7 | 0.0 | 0.0 |
Growth | 66.3% | 63.3% | 128.8% | 14598.6% | 60.3% | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |