Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 |
Revenues | 0.6 | 0.4 | 2,224.7 |
Revenue growth | 41.8% | -100.0% | |
Cost of goods sold | 0.6 | 0.4 | 4,251.6 |
Gross profit | 0.0 | 0.0 | -2,027.0 |
Gross margin | 0.0% | 0.0% | -91.1% |
Research and development | 16.1 | 4.6 | |
General and administrative | 7.3 | 3.7 | 2,027.0 |
EBITA | -23.4 | -8.3 | -4,246.7 |
EBITA margin | -4191.6% | -2106.5% | -190.9% |
Amortization of intangibles | 0.0 | 0.0 | 5.0 |
EBIT | -23.4 | -8.3 | -4,251.6 |
EBIT margin | -4192.5% | -2107.9% | -191.1% |
Pre-tax income | -18.1 | -9.8 | -4,250.3 |
Income taxes | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% |
Net income | -18.1 | -9.8 | -4,250.3 |
Net margin | -3238.9% | -2489.0% | -191.1% |
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Diluted EPS | ($2.41) | ($1.69) | |
Shares outstanding (diluted) | 7.5 | 5.8 | |
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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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