Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 |
Revenues | 26.6 | 0.0 | 15.2 |
Revenue growth | | -100.0% | |
Cost of goods sold | 6.7 | 0.0 | 0.5 |
Gross profit | 19.9 | 0.0 | 14.7 |
Gross margin | 74.8% | | 96.6% |
Selling, general and administrative | | 2.0 | |
Sales and marketing | 12.3 | | 4.8 |
EBIT | -13.1 | -2.0 | 2.9 |
EBIT margin | -49.3% | | 18.9% |
Pre-tax income | -13.1 | 7.7 | -1.6 |
Income taxes | 0.0 | 0.0 | 0.0 |
Tax rate | | 0.0% | 0.0% |
Net income | -13.1 | 7.7 | -1.6 |
Net margin | -49.1% | | -10.5% |
|
Diluted EPS | ($0.59) | $0.34 | ($0.11) |
Shares outstanding (diluted) | 22.3 | 22.4 | 14.0 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|