In millions, except per share items | Jun-30-23 | Mar-31-23 | Jun-30-22 | Mar-31-22 | Dec-31-21 | Sep-30-21 | Jun-30-21 | Dec-31-20 |
| 10-Q | 10-Q | 10-Q | 10-Q | 8-K | 10-Q | 10-Q | 10-K |
Revenues | 0.0 | 0.0 | 0.0 | -2.0 | 41.5 | 0.0 | -11.3 | 0.0 |
Revenue growth | | -100.0% | -100.0% | | | | -704.6% | |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 | 86.8 | 0.0 | 0.0 | 0.0 |
Gross profit | 0.0 | 0.0 | 0.0 | -2.0 | -45.3 | 0.0 | -11.3 | 0.0 |
Gross margin | | | | 100.0% | -109.1% | | 100.0% | |
Selling, general and administrative [+] | 13.3 | 16.1 | 14.8 | 14.4 | 13.0 | 12.5 | 11.8 | 0.3 |
General and administrative | 13.3 | 16.1 | 14.8 | 14.4 | 13.0 | 12.5 | 11.8 | 0.3 |
Research and development | 33.7 | 32.8 | 53.7 | 36.9 | | 25.9 | 18.1 | 2.7 |
EBITDA [+] | -46.8 | -48.8 | -68.4 | -53.2 | | | | |
EBITDA growth | -31.6% | -8.3% | 65.6% | | 1839.8% | | 1839.3% | |
EBITDA margin | | | | 2686.4% | -140.3% | | 365.0% | |
Depreciation and amortization | 0.2 | 0.1 | 0.0 | 0.0 | | | | |
EBIT [+] | -47.0 | -48.9 | -68.4 | -53.2 | -58.3 | -38.3 | -41.3 | -3.0 |
EBIT growth | -31.3% | -8.2% | 65.7% | | 1839.8% | | 1839.3% | |
EBIT margin | | | | 2687.8% | -140.3% | | 365.0% | |
Interest expense, net [+] | 2.5 | 2.3 | 1.7 | 1.5 | 1.3 | -0.1 | 0.0 | 0.0 |
Interest expense | 2.5 | 2.3 | 1.7 | 1.5 | 1.3 | | | 0.0 |
Interest income | | | | | | 0.1 | 0.0 | |
Other income (expense), net [+] | 0.5 | 1.2 | 5.4 | 0.3 | -1.1 | -1.9 | -0.2 | -0.3 |
Amortization of debt discount premium | | | | | | | | -0.1 |
Other | -1.5 | -1.3 | 5.4 | 0.2 | | -1.9 | -0.2 | 0.1 |
Pre-tax income | -48.9 | -50.0 | -64.7 | -54.4 | -60.7 | -40.2 | -41.5 | -3.3 |
Income taxes | -24.1 | 0.7 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 |
Tax rate | 49.1% | | 0.0% | | | 0.0% | 0.0% | 0.0% |
Net income | -24.9 | -50.7 | -64.7 | -54.5 | -60.8 | -40.2 | -41.5 | -3.3 |
Net margin | | | | 2752.4% | -146.3% | | 366.4% | |
|
Basic EPS [+] | ($0.26) | ($0.53) | ($0.69) | ($0.60) | | ($0.45) | ($0.65) | |
Growth | -61.9% | -11.3% | 5.3% | | | | | |
Diluted EPS [+] | ($0.26) | ($0.53) | ($0.69) | ($0.60) | | ($0.45) | ($0.65) | |
Growth | -61.9% | -11.3% | 5.3% | | | | | |
|
Shares outstanding (basic) [+] | 95.2 | 94.9 | 94.1 | 90.5 | | 89.9 | 63.5 | |
Growth | 1.1% | 4.9% | 48.2% | | | | | |
Shares outstanding (diluted) [+] | 95.2 | 94.9 | 94.1 | 90.5 | | 89.9 | 63.5 | |
Growth | 1.1% | 4.9% | 48.2% | | | | | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |