Financial Summary (All financials)
| In millions, except per share items | Aug-31-22 | Aug-31-21 |
| Revenues | 3.6 | 3.0 |
| Revenue growth | 20.7% | |
| Cost of goods sold | 2.4 | 1.2 |
| Gross profit | 1.2 | 1.7 |
| Gross margin | 34.5% | 58.3% |
| Selling, general and administrative | 3.0 | 1.4 |
| EBIT | -1.9 | 0.3 |
| EBIT margin | -53.9% | 8.7% |
| Pre-tax income | -3.0 | -0.4 |
| Income taxes | 0.0 | 0.0 |
| Tax rate | 0.0% | 0.0% |
| Net income | -3.0 | -0.4 |
| Net margin | -83.7% | -13.0% |
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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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