Overview Financials News + Filings Key Docs Ownership Insiders
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Recent News + Filings (All items)
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Revenue Mix by Segment
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Financial Summary (All financials)
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 |
| Revenues | 91.5 | 54.5 | 248.1 | 44.3 |
| Revenue growth | 67.8% | -78.0% | 460.1% | |
| Cost of goods sold | 1.7 | 2.5 | 5.4 | 3.0 |
| Gross profit | 89.8 | 52.0 | 242.7 | 41.3 |
| Gross margin | 98.1% | 95.4% | 97.8% | 93.3% |
| Selling, general and administrative | 79.5 | 93.5 | 90.9 | 81.6 |
| Research and development | 248.7 | 252.6 | 296.5 | 297.6 |
| EBITA | -260.3 | -309.2 | -140.8 | -334.2 |
| EBITA margin | -284.5% | -567.1% | -56.8% | -754.4% |
| Amortization of intangibles | 2.6 | 4.3 | 3.8 | 3.8 |
| EBIT | -262.9 | -313.5 | -144.6 | -338.0 |
| EBIT margin | -287.3% | -575.0% | -58.3% | -763.0% |
| Pre-tax income | -254.2 | -292.2 | -120.1 | -320.6 |
| Income taxes | 0.0 | 0.0 | 0.0 | 0.0 |
| Tax rate | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | -254.2 | -292.2 | -120.1 | -320.6 |
| Net margin | -277.8% | -536.0% | -48.4% | -723.8% |
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| Diluted EPS | ($7.13) | ($12.44) | ($5.14) | ($13.72) |
| Shares outstanding (diluted) | 35.6 | 23.5 | 23.4 | 23.4 |
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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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