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 |
| Revenues | 114.5 | 89.5 | 54.4 | 25.6 | 13.2 | 3.1 |
| Revenue growth | 27.9% | 64.6% | 112.0% | 93.7% | 320.5% | |
| Cost of goods sold | 102.5 | 107.0 | 80.2 | 43.2 | 4.2 | 1.0 |
| Gross profit | 12.0 | -17.5 | -25.8 | -17.6 | 9.0 | 2.2 |
| Gross margin | 10.5% | -19.6% | -47.5% | -68.6% | 68.0% | 68.6% |
| Sales and marketing | 22.3 | 44.9 | 34.4 | 23.0 | 2.5 | 0.4 |
| Research and development | 13.4 | 23.3 | 20.4 | 12.2 | 1.8 | |
| General and administrative | 71.2 | 96.5 | 80.6 | 81.5 | 13.5 | 5.4 |
| EBITA | -121.7 | -188.8 | -174.1 | -145.3 | -19.2 | -6.2 |
| EBITA margin | -106.3% | -211.0% | -320.2% | -566.8% | -144.9% | -198.5% |
| Amortization of intangibles | 2.8 | 1.8 | 0.8 | 0.6 | 0.5 | |
| EBIT | -124.5 | -190.6 | -174.9 | -146.0 | -19.7 | -6.2 |
| EBIT margin | -108.7% | -213.0% | -321.7% | -569.4% | -149.0% | -198.5% |
| Pre-tax income | -134.6 | -397.1 | -73.3 | 1,165.9 | -20.9 | -2.3 |
| Income taxes | 34.2 | -0.4 | 1.3 | 0.0 | 0.0 | -0.9 |
| Tax rate | | 0.1% | | 0.0% | 0.0% | 36.8% |
| Earnings from continuing ops | -168.7 | -395.6 | -72.5 | 2,332.8 | -20.7 | -1.5 |
| Earnings from discontinued ops | | -0.5 | -0.7 | -0.4 | -0.9 | |
| Net income | -168.7 | -396.1 | -73.1 | 2,332.4 | -21.6 | -1.5 |
| Net margin | -147.4% | -442.6% | -134.6% | 9097.2% | -163.5% | -47.1% |
| |
| Diluted EPS | ($0.45) | ($1.07) | ($0.21) | $6.80 | ($0.12) | ($0.01) |
| Shares outstanding (diluted) | 377.0 | 370.4 | 351.6 | 342.8 | 172.3 | 176.8 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|