In millions, except per share items | Jun-30-23 | Mar-31-23 | Dec-31-22 | Sep-30-22 | Jun-30-22 | Mar-31-22 | Dec-31-21 | Sep-30-21 |
| 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K | 10-Q |
NET REVENUES | 18.1 | 13.4 | 12.3 | 10.2 | 8.6 | 6.7 | 7.3 | 5.6 |
NET REVENUES growth | 109.8% | 98.2% | 68.3% | 81.9% | 58.0% | 26.8% | 57.7% | 60.9% |
COST OF REVENUES (exclusive of amortization of intangible assets included below) | 10.6 | 7.9 | 7.3 | 9.9 | 5.0 | 3.8 | 4.1 | 3.0 |
|
OPERATING EXPENSES: | | | | | | | | |
Research and development | 16.8 | 17.4 | 14.0 | 13.3 | 9.5 | 13.3 | 11.2 | 5.8 |
Selling, general and administrative | 13.2 | 19.1 | 15.3 | 24.5 | 14.0 | 24.5 | 27.7 | 3.6 |
Amortization of intangible assets | 4.8 | 4.5 | | | 0.1 | 0.1 | | |
Total operating expenses | 34.7 | 41.0 | 36.2 | 37.8 | 23.6 | 38.0 | 39.2 | 9.4 |
LOSS FROM OPERATIONS | -27.2 | -35.5 | -31.2 | -37.4 | -20.0 | -35.0 | -35.9 | -6.8 |
Operating margin | -150.7% | -265.5% | -252.7% | -365.4% | -232.4% | -519.2% | -489.3% | -120.0% |
|
OTHER INCOME (EXPENSE), net: | | | | | | | | |
Interest income, net | 0.8 | 0.9 | 0.7 | 0.6 | 0.1 | 0.0 | -0.1 | -0.1 |
Gain from change in fair value of warrants | | | | | | 51.8 | | |
Gain (loss) from change in fair value of earnout liabilities | -32.2 | -27.8 | 9.5 | -6.1 | 54.9 | 63.4 | -38.1 | |
Other income (expense) | 0.0 | 0.0 | 0.1 | -0.1 | -0.8 | -0.4 | -0.1 | |
Total other income (expense), net | -31.4 | -26.8 | 10.3 | -5.5 | 54.1 | 114.8 | -83.9 | -0.1 |
INCOME (LOSS) BEFORE INCOME TAXES | -58.6 | -62.3 | -20.9 | -43.0 | 34.1 | 79.8 | -119.8 | -6.8 |
INCOME TAX (BENEFIT) PROVISION | -0.1 | 0.1 | -13.0 | -10.1 | 0.3 | 0.0 | 0.0 | 0.0 |
NET INCOME (LOSS) | -58.5 | -62.4 | -7.9 | -32.8 | 33.8 | 79.8 | -119.8 | -6.8 |
LESS: NET LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS | | 0.5 | 0.8 | 0.2 | | | | |
NET INCOME (LOSS) ATTRIBUTABLE TO CONTROLLING INTERESTS | -58.5 | -61.8 | -7.1 | -32.6 | 33.8 | 79.8 | -119.8 | -6.8 |
|
NET INCOME (LOSS) PER COMMON SHARE: | | | | | | | | |
Basic net income | ($0.35) | ($0.39) | ($0.09) | ($0.24) | $0.27 | $0.67 | ($2.23) | ($0.37) |
Diluted net income | ($0.35) | ($0.39) | ($0.07) | ($0.24) | $0.26 | $0.61 | ($2.23) | ($0.37) |
|
WEIGHTED AVERAGE COMMON SHARES USED IN NET INCOME (LOSS) PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS: | | | | | | | | |
Basic common shares (in shares) | 165.6 | 156.8 | 133.7 | 138.5 | 124.0 | 119.5 | 39.2 | 18.3 |
Diluted common shares (in shares) | 165.6 | 156.8 | 145.7 | 138.5 | 132.1 | 131.1 | 39.2 | 18.3 |