Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-31-21 |
| Revenues | 4.5 | 0.0 |
| Cost of goods sold | 3.0 | 3.4 |
| Gross profit | 1.5 | -3.4 |
| Gross margin | 33.2% | |
| Selling, general and administrative | 0.0 | 0.0 |
| EBIT | -3.0 | -3.4 |
| EBIT margin | -66.8% | |
| Pre-tax income | 11.6 | -5.7 |
| Income taxes | 0.5 | -0.5 |
| Tax rate | 4.6% | 9.4% |
| Net income | 11.0 | -5.7 |
| Net margin | 243.9% | |
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| Diluted EPS | $0.22 | ($0.12) |
| Shares outstanding (diluted) | 50.3 | 45.7 |
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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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