In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 |
| 10-K | 10-K | S-1 | S-1 |
Revenues: |
Due to Related Party | | | 0.1 | 0.1 |
Product | | | 18.8 | 26.1 |
Total revenues | 28.7 | 24.1 | 18.8 | 26.2 |
Revenue growth [+] | 19.0% | 27.9% | -28.0% | |
Due to Related Party | | | 24.0% | |
Product | | | -28.1% | |
Cost of goods sold [+] | 14.6 | 12.2 | 9.1 | 12.4 |
Related party costs | | | 8.3 | 11.3 |
Other direct costs | | | 0.8 | 1.1 |
Gross profit | 14.1 | 11.9 | 9.8 | 13.8 |
Gross margin | 49.0% | 49.3% | 51.9% | 52.6% |
Selling, general and administrative | 35.1 | 36.5 | 18.0 | 28.5 |
Other operating expenses | 1.3 | 1.2 | 1.2 | 3.7 |
EBITDA [+] | -21.9 | -25.3 | -8.9 | -17.8 |
EBITDA growth | -13.6% | 184.3% | -49.9% | |
EBITDA margin | -76.2% | -105.0% | -47.2% | -67.9% |
Depreciation | 0.1 | 0.1 | 0.1 | 0.4 |
EBITA | -22.0 | -25.4 | -9.0 | -18.1 |
EBITA margin | -76.6% | -105.5% | -48.0% | -69.3% |
Amortization of intangibles | 0.4 | 0.4 | 0.4 | 0.3 |
EBIT [+] | -22.4 | -25.9 | -9.5 | -18.5 |
EBIT growth | -13.4% | 173.1% | -48.7% | |
EBIT margin | -78.1% | -107.3% | -50.2% | -70.5% |
Non-recurring items [+] | -3.8 | -0.7 | 0.1 | 1.0 |
Loss on contingent liability | -3.8 | -1.4 | 0.1 | 1.0 |
Interest expense, net [+] | -0.2 | -0.4 | -2.9 | -2.2 |
Interest expense | -0.2 | -0.3 | -2.9 | -2.1 |
Interest income | 0.0 | 0.0 | 0.0 | 0.0 |
Other income (expense), net [+] | 17.8 | -12.8 | -4.2 | 6.3 |
Gain (loss) on investments | 1.7 | | | |
Gain (loss) on acquisitions / transactions | | | | 5.7 |
Change in fair value of warrants | 16.4 | -12.8 | | |
Other non-operating income | 0.0 | 0.7 | | |
Other | 0.0 | 0.7 | 1.6 | 4.9 |
Pre-tax income | -0.6 | -37.7 | -10.9 | -10.9 |
Income taxes | 0.0 | 0.1 | 0.1 | 0.0 |
Net income | -0.6 | -37.7 | -11.0 | -11.0 |
Net margin | -2.2% | -156.5% | -58.3% | -41.9% |
|
Basic EPS [+] | ($0.03) | ($4.28) | ($479.47) | ($10,982.00) |
Growth | -99.3% | -99.1% | -95.6% | |
Diluted EPS [+] | ($0.03) | ($4.28) | ($479.47) | ($10,982.00) |
Growth | -99.3% | -99.1% | -95.6% | |
|
Shares outstanding (basic) [+] | 21.1 | 8.8 | 0.0 | 0.0 |
Growth | 140.0% | 38338.7% | 2191.5% | |
Shares outstanding (diluted) [+] | 21.1 | 8.8 | 0.0 | 0.0 |
Growth | 140.0% | 38338.7% | 2191.5% | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |