| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 |
| | 10-K | 10-K | S-1/A |
| Revenues | 70.0 | 52.9 | 37.2 |
| Revenue growth | 32.5% | 42.2% | |
| Cost of goods sold | 54.9 | 43.9 | 28.1 |
| Gross profit | 15.1 | 9.0 | 9.1 |
| Gross margin | 21.6% | 17.0% | 24.5% |
| Selling, general and administrative [+] | 62.7 | 40.4 | 33.3 |
| Sales and marketing | 3.3 | 3.4 | 1.4 |
| General and administrative | 59.4 | 37.1 | 32.0 |
| EBITDA [+] | -45.8 | -30.4 | -23.5 |
| EBITDA growth | 50.4% | 29.5% | |
| EBITDA margin | -65.4% | -57.6% | -63.2% |
| Depreciation | 1.2 | 0.5 | 0.7 |
| EBITA | -47.0 | -31.0 | -24.2 |
| EBITA margin | -67.1% | -58.6% | -65.2% |
| Amortization of intangibles | 0.6 | 0.5 | |
| EBIT [+] | -47.6 | -31.5 | -24.2 |
| EBIT growth | 51.3% | 29.8% | |
| EBIT margin | -68.0% | -59.5% | -65.2% |
| Non-recurring items [+] | 1.1 | | |
| Asset impairment | 1.1 | | |
| Interest expense | 4.5 | 5.5 | 3.8 |
| Interest expense | 4.5 | 5.5 | 3.8 |
| Other income (expense), net [+] | -115.4 | 0.1 | -0.8 |
| Gain (loss) on debt retirement | -115.3 | | |
| Unrealized gain/loss on derivatives | -0.1 | | |
| Other | -0.2 | 0.1 | |
| Pre-tax income | -168.5 | -36.9 | -28.8 |
| Income taxes | 0.0 | 0.0 | 0.0 |
| Tax rate | 0.0% | 0.0% | 0.0% |
| Net income | -168.5 | -36.9 | -28.8 |
| Net margin | -240.7% | -69.8% | -77.4% |
| |
| Basic EPS [+] | ($4.23) | ($1.92) | ($3.62) |
| Growth | 120.0% | -47.0% | |
| Diluted EPS [+] | ($4.23) | ($1.92) | ($3.62) |
| Growth | 120.0% | -47.0% | |
| |
| Shares outstanding (basic) [+] | 39.9 | 19.2 | 7.9 |
| Growth | 107.8% | 141.6% | |
| Shares outstanding (diluted) [+] | 39.9 | 19.2 | 7.9 |
| Growth | 107.8% | 141.6% | |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |