Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 |
Revenues | 4.3 | 3.0 |
Revenue growth | 45.4% | |
Cost of goods sold | 3.5 | 3.5 |
Gross profit | 0.8 | -0.6 |
Gross margin | 18.9% | -18.9% |
Selling, general and administrative | 14.0 | 13.8 |
EBITA | -12.5 | -13.7 |
EBITA margin | -289.4% | -460.0% |
Amortization of intangibles | 0.6 | 0.6 |
EBIT | -13.2 | -14.3 |
EBIT margin | -303.7% | -480.8% |
Pre-tax income | -12.7 | -14.6 |
Income taxes | 0.0 | 0.0 |
Net income | -12.7 | -14.6 |
Net margin | -293.4% | -490.9% |
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Diluted EPS | ($0.65) | ($0.84) |
Shares outstanding (diluted) | 19.7 | 17.5 |
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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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