Forza X1, Inc. [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-20
	S-1/A	S-1/A
Revenues	0.0	0.0
Cost of goods sold	0.2	0.0
Gross profit	-0.2	0.0
Selling, general and administrative [+]	2.4
Sales and marketing	0.6
General and administrative	1.8	0.0
Other selling, general and administrative	0.6
Research and development	1.0
Other operating expenses	0.0
EBITDA	-3.6
Depreciation and amortization	0.1
EBIT	-3.7	0.0
Non-recurring items [+]	0.0
Loss (gain) on sale of assets	0.0
Interest income	0.0
Interest income	0.0
Other income (expense), net	0.0
Pre-tax income	-3.6	0.0
Income taxes	0.0	0.0
Tax rate	0.0%
Net income	-3.6	0.0

Basic EPS	($0.44)
Diluted EPS	($0.44)

Shares outstanding (basic)	8.3
Shares outstanding (diluted)	8.3

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.