Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Oct-31-08 |
Revenues | 21.8 | 0.8 | 2.9 | 3.3 | 1.2 | 0.3 | 0.0 |
Revenue growth | 2593.3% | -71.9% | -13.9% | 189.6% | 344.7% | | |
Cost of goods sold | 15.5 | 0.7 | 2.2 | 2.4 | 0.9 | 0.2 | 0.0 |
Gross profit | 6.3 | 0.1 | 0.7 | 1.0 | 0.3 | 0.0 | 0.0 |
Gross margin | 29.0% | 8.9% | 23.4% | 29.6% | 23.2% | 10.7% | 100.0% |
Selling, general and administrative | 13.1 | 5.0 | | | | | |
General and administrative | | | 3.4 | 5.7 | 3.9 | 0.4 | 0.1 |
EBITA | -5.2 | -4.2 | -3.3 | -3.2 | -5.8 | -39.9 | -0.5 |
EBITA margin | -23.7% | -524.1% | -115.2% | -96.3% | -499.1% | -15378.4% | -60850.6% |
Amortization of intangibles | 0.3 | 0.0 | 0.0 | 1.7 | | | |
EBIT | -5.5 | -4.3 | -3.3 | -4.9 | -5.8 | -39.9 | -0.5 |
EBIT margin | -25.1% | -525.9% | -116.1% | -146.0% | -499.1% | -15378.4% | -60850.6% |
Pre-tax income | -9.2 | -5.8 | -4.4 | -8.1 | -8.1 | -52.7 | -0.5 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Net income | -8.9 | -5.4 | -4.4 | -8.1 | 0.1 | 0.0 | -0.5 |
Net margin | -40.6% | -664.2% | -154.4% | -241.3% | 5.0% | 12.2% | -60841.2% |
|
Diluted EPS | ($0.10) | ($0.12) | ($0.15) | ($0.01) | $0.00 | $0.00 | ($0.02) |
Shares outstanding (diluted) | 89.4 | 43.8 | 29.5 | 1,504.1 | 1,135.5 | 787.3 | 24.6 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|