Movano Inc. (MOVE) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18
	8-K	10-K	10-K	S-1/A	S-1
Revenues	19.0	0.0	0.0	6.5	6.5
Revenue growth			-100.0%	0.0%
Cost of goods sold	19.0	0.0	0.0	13.0	8.5
Gross profit	0.0	0.0	0.0	-6.5	-2.0
Gross margin	0.0%			-100.0%	-30.7%
Selling, general and administrative [+]	11.5	6.4	2.7	2.0	2.0
General and administrative		6.4	2.7	2.0	2.0
Research and development		13.4	8.4
Other operating expenses	19.0				4.5
EBITDA [+]		-19.7	-11.1	-8.5
EBITDA growth	54.4%	77.8%	30.5%	-0.1%
EBITDA margin	-160.4%			-130.5%	-130.7%
Depreciation and amortization		0.1	0.0	0.0
EBIT [+]	-30.5	-19.8	-11.1	-8.5	-8.5
EBIT growth	53.8%	78.3%	30.5%	0.0%
EBIT margin	-160.4%			-130.7%	-130.7%
Interest expense, net [+]		0.9	1.0
Interest expense		0.9	1.0
Interest income		0.0	0.0
Other income (expense), net [+]	0.1	-1.1	-0.9	-6.0	-6.0
Gain (loss) on debt retirement		0.4
Gain (loss) on derivative instruments		0.1	0.6
Unrealized gain/loss on derivatives		-1.6	-1.5
Change in fair value of warrants		-1.6	-1.5
Pre-tax income	-30.3	-21.8	-13.0	-14.5	-14.5
Income taxes	0.0	0.0	0.0	0.0	0.0
Tax rate	0.0%	0.0%	0.0%	0.0%	0.0%
Net income	0.0	-24.3	-21.9	-14.5	-14.5
Net margin	-0.2%			-222.3%	-222.3%

Basic EPS [+]	($0.92)	($0.92)	($6.85)	($9.18)	($9.18)
Growth	-0.5%	-86.5%	-25.3%	0.0%
Diluted EPS [+]	($0.92)	($0.92)	($6.85)	($9.18)	($9.18)
Growth	-0.5%	-86.5%	-25.3%	0.0%

Shares outstanding (basic) [+]	0.0	26.3	3.2	1.6	1.6
Growth	-99.9%	721.4%	102.9%	0.0%
Shares outstanding (diluted) [+]	0.0	26.3	3.2	1.6	1.6
Growth	-99.9%	721.4%	102.9%	0.0%

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