Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 |
Revenues | 0.0 | 0.0 | 0.0 |
Cost of goods sold | 0.0 | 0.0 | 0.0 |
Gross profit | 0.0 | 0.0 | 0.0 |
Sales and marketing | 4.0 | 1.2 | 0.6 |
Research and development | 46.6 | 27.6 | 28.1 |
General and administrative | 46.4 | 8.0 | 7.9 |
EBIT | -96.9 | -36.7 | -36.6 |
Pre-tax income | -95.0 | -36.6 | -35.8 |
Income taxes | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% |
Net income | -95.0 | -36.6 | -35.8 |
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Diluted EPS | ($1.19) | ($6.84) | ($6.95) |
Shares outstanding (diluted) | 79.6 | 5.4 | 5.1 |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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