In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 |
| 10-K | 10-K | 10-K |
Total revenues | 41.4 | 18.1 | 14.9 |
Revenue growth | 129.0% | 21.3% | |
Cost of goods sold | 44.0 | 20.2 | 17.3 |
Gross profit | -2.7 | -2.2 | -2.4 |
Gross margin | -6.5% | -12.1% | -16.2% |
Selling, general and administrative [+] | 96.8 | 32.9 | 28.2 |
Sales and marketing | 35.0 | 13.1 | 13.1 |
General and administrative | 61.8 | 19.8 | 15.1 |
Research and development | 45.8 | 25.3 | 18.3 |
Other operating expenses | 12.6 | 0.9 | |
EBITDA [+] | -157.9 | -61.3 | -49.0 |
EBITDA growth | 157.7% | 25.1% | |
EBITDA margin | -381.8% | -339.3% | -329.0% |
Depreciation and amortization | 3.2 | 1.4 | 0.7 |
EBIT [+] | -161.2 | -62.7 | -49.7 |
EBIT growth | 157.2% | 26.1% | |
EBIT margin | -389.6% | -346.9% | -333.9% |
Non-recurring items | -12.6 | -0.9 | |
Interest expense, net [+] | 7.8 | 3.2 | -0.4 |
Interest expense | 7.8 | 3.2 | |
Interest income | | | 0.4 |
Other income (expense), net [+] | -9.9 | -1.0 | -0.9 |
Gain (loss) on debt retirement | -1.5 | -0.2 | -0.9 |
Change in fair value of warrants | 4.1 | | |
Other | 0.0 | 0.0 | |
Pre-tax income | -166.3 | -66.0 | -50.2 |
Income taxes | 0.1 | 0.0 | 0.1 |
Net income | -166.3 | -66.0 | -50.2 |
Net margin | -402.1% | -365.4% | -337.4% |
|
Basic EPS [+] | ($1.92) | ($9.12) | ($7.65) |
Growth | -78.9% | 19.2% | |
Diluted EPS [+] | ($1.92) | ($9.12) | ($7.65) |
Growth | -78.9% | 19.2% | |
|
Shares outstanding (basic) [+] | 86.5 | 7.2 | 6.6 |
Growth | 1094.6% | 10.3% | |
Shares outstanding (diluted) [+] | 86.5 | 7.2 | 6.6 |
Growth | 1094.6% | 10.3% | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |