Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 |
Revenues | 56.0 | 37.9 |
Revenue growth | 47.9% | |
Cost of goods sold | 9.7 | 11.0 |
Gross profit | 46.3 | 26.9 |
Gross margin | 82.7% | 71.0% |
Sales and marketing | 1.5 | 1.1 |
General and administrative | 5.3 | 2.8 |
EBIT | -22.8 | -25.6 |
EBIT margin | -40.7% | -67.7% |
Pre-tax income | -21.2 | -25.5 |
Income taxes | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% |
Net income | -0.7 | -5.4 |
Net margin | -1.2% | -14.4% |
|
Diluted EPS | ($0.02) | ($0.27) |
Shares outstanding (diluted) | 30.0 | 20.4 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|