| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 |
| | 10-K | 10-K | 10-K | S-1 |
| Revenues: |
| Asia | 73.2 | 104.4 | 107.7 | |
| Europe | 11.7 | 5.7 | 8.1 | 9.7 |
| Airspan | | | | 166.0 |
| UNITED STATES | 65.8 | 50.3 | 41.3 | 105.3 |
| Other | 16.6 | 16.8 | 15.9 | |
| Total revenues | 167.3 | 177.3 | 173.0 | 166.0 |
| Revenue growth [+] | -5.7% | 2.5% | 4.2% | |
| Asia | -29.9% | -3.0% | | |
| Europe | 102.6% | -28.6% | -16.8% | |
| UNITED STATES | 30.8% | 21.7% | -60.7% | |
| Other | -28.7% | 163.4% | 72.5% | |
| Cost of goods sold | 100.8 | 99.3 | 88.9 | 0.0 |
| Gross profit | 66.4 | 78.0 | 84.1 | 166.0 |
| Gross margin | 39.7% | 44.0% | 48.6% | 100.0% |
| Selling, general and administrative [+] | 70.7 | 74.7 | 45.3 | 0.2 |
| Sales and marketing | 30.6 | 33.8 | 28.7 | |
| General and administrative | 40.1 | 40.9 | 16.6 | |
| Research and development | 61.4 | 63.4 | 52.9 | |
| Other operating expenses | | | 0.0 | -0.2 |
| EBITDA [+] | -62.1 | -57.0 | -11.2 | |
| EBITDA growth | 9.0% | 410.6% | -106.7% | |
| EBITDA margin | -37.1% | -32.1% | -6.5% | 100.0% |
| Depreciation and amortization | 3.5 | 3.1 | 2.9 | |
| EBITA | -65.6 | -60.1 | -14.1 | 166.0 |
| EBITA margin | -39.2% | -33.9% | -8.1% | 100.0% |
| Amortization of intangibles | 1.1 | 1.2 | 1.7 | |
| EBIT [+] | -66.7 | -61.3 | -15.8 | 166.0 |
| EBIT growth | 8.9% | 287.8% | -109.5% | |
| EBIT margin | -39.9% | -34.6% | -9.1% | 100.0% |
| Non-recurring items | 1.3 | | | 0.2 |
| Interest expense | 20.4 | 12.8 | 6.4 | |
| Interest expense | 20.4 | 12.8 | 6.4 | |
| Other income (expense), net [+] | 2.8 | 2.9 | -4.2 | -114.3 |
| Gain (loss) on sale of assets | | | 0.0 | |
| Gain (loss) on debt retirement | | 2.1 | | |
| Pre-tax income | -85.6 | -71.2 | -26.4 | 51.5 |
| Income taxes | 0.2 | 0.7 | 0.8 | -0.5 |
| Minority interest | 85.6 | 71.2 | 26.4 | |
| Net income | -85.4 | -70.5 | -25.6 | 0.0 |
| Net margin | -51.0% | -39.8% | -14.8% | 0.0% |
| |
| Basic EPS [+] | ($1.17) | ($1.09) | ($0.43) | $0.00 |
| Growth | 7.3% | 154.6% | | |
| Diluted EPS [+] | ($1.17) | ($1.09) | ($0.43) | $0.00 |
| Growth | 7.3% | 154.6% | | |
| |
| Shares outstanding (basic) [+] | 72.8 | 64.5 | 59.7 | 0.7 |
| Growth | 12.8% | 8.0% | 8818.2% | |
| Shares outstanding (diluted) [+] | 72.8 | 64.5 | 59.7 | 0.7 |
| Growth | 12.8% | 8.0% | 8818.2% | |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |