| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 |
| | 10-K | 10-K | 10-K |
| Revenues [+] | 2.2 | 39.2 | -11.1 |
| Net interest income | 2.2 | | -0.1 |
| Other income | | | -11.0 |
| Revenue growth | -94.4% | -452.8% | |
| Cost of goods sold | -53.0 | 0.0 | -85.4 |
| Gross profit | 55.2 | 39.2 | 74.3 |
| Gross margin | 2507.6% | 100.0% | -669.6% |
| Selling, general and administrative [+] | 18.3 | 13.0 | 6.0 |
| Sales and marketing | 1.7 | 1.6 | 0.4 |
| General and administrative | 16.6 | 11.4 | 5.5 |
| Other selling, general and administrative | 1.7 | 1.6 | 0.4 |
| Research and development | 35.5 | 25.6 | 16.1 |
| Other operating expenses | 51.2 | 36.8 | 73.0 |
| EBITDA [+] | -48.8 | -35.8 | |
| EBITDA growth | 36.1% | 73.3% | |
| EBITDA margin | -2218.1% | -91.5% | 186.4% |
| Depreciation and amortization | 1.0 | 0.4 | |
| EBIT [+] | -49.8 | -36.2 | -20.7 |
| EBIT growth | 37.4% | 75.1% | |
| EBIT margin | -2262.4% | -92.5% | 186.4% |
| Non-recurring items | 1.4 | 0.6 | |
| Other income (expense), net [+] | 13.5 | 6.2 | -11.0 |
| Unrealized gain/loss on derivatives | 7.2 | -3.5 | |
| Change in fair value of warrants | 7.2 | 0.5 | |
| Other | 13.5 | 6.2 | |
| Pre-tax income | -37.7 | -30.6 | -31.7 |
| Income taxes | 0.0 | 0.0 | 0.0 |
| Tax rate | 0.0% | 0.0% | 0.0% |
| Net income | -37.7 | -30.6 | -31.7 |
| Net margin | -1713.0% | -78.2% | 285.4% |
| |
| Basic EPS [+] | ($1.03) | ($2.69) | ($5.17) |
| Growth | -61.6% | -48.0% | |
| Diluted EPS [+] | ($1.03) | ($2.69) | ($5.17) |
| Growth | -61.6% | -48.0% | |
| |
| Shares outstanding (basic) [+] | 36.5 | 11.4 | 6.1 |
| Growth | 220.2% | 86.0% | |
| Shares outstanding (diluted) [+] | 36.5 | 11.4 | 6.1 |
| Growth | 220.2% | 86.0% | |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |