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Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-20Dec-31-19
Revenues52.510.4
            Revenue growth403.8% 
Cost of goods sold88.70.8
Gross profit-36.29.6
            Gross margin-69.0%92.6%
Sales and marketing3.10.0
Research and development165.5289.2
General and administrative3,529.04,212.3
EBIT-3,733.9-4,491.9
            EBIT margin-7118.5%-43145.8%
Pre-tax income-3,819.7-7,298.4
Income taxes8.30.0
            Tax rate 0.0%
Net income-3,828.0-7,298.4
            Net margin-7297.9%-70103.0%
 
Diluted EPS($0.22)($0.48)
Shares outstanding (diluted)17,475.315,212.3
 
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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