Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
Revenues | 24.4 | 38.3 | 8.8 | 3.0 | 8.2 | 5.1 | -0.4 | 2.4 |
Revenue growth | -36.4% | 337.9% | 193.3% | -63.6% | 61.8% | -1459.4% | -115.5% | -60.1% |
Cost of goods sold | 21.1 | 36.0 | 23.7 | 2.3 | 7.6 | 4.4 | 0.0 | 1.9 |
Gross profit | 3.3 | 2.3 | -14.9 | 0.7 | 0.5 | 0.6 | -0.4 | 0.5 |
Gross margin | 13.3% | 6.1% | -170.5% | 22.7% | 6.6% | 12.5% | 100.0% | 21.1% |
Selling, general and administrative | | | | | | | 0.0 | |
Sales and marketing | 0.5 | 0.3 | 0.2 | 0.2 | 0.4 | 0.3 | 0.0 | 0.1 |
General and administrative | 10.0 | 8.0 | 6.4 | 4.2 | 4.9 | 3.6 | 0.0 | 0.8 |
EBITA | -7.1 | -5.8 | -4.4 | -3.6 | -4.3 | -2.7 | 0.0 | -1.4 |
EBITA margin | -29.0% | -15.2% | -50.6% | -121.3% | -52.0% | -52.8% | 0.0% | -60.1% |
Amortization of intangibles | 0.2 | 0.2 | 0.1 | 0.1 | 0.6 | 0.6 | | |
EBIT | -7.2 | -6.0 | -4.6 | -3.8 | -4.8 | -3.3 | 0.0 | -1.4 |
EBIT margin | -29.6% | -15.6% | -52.3% | -126.1% | -59.2% | -64.4% | 0.0% | -60.1% |
Pre-tax income | -7.1 | -5.9 | -4.5 | -6.9 | -4.8 | -4.5 | 0.0 | -1.6 |
Income taxes | 1.2 | 4.9 | 0.2 | 0.0 | 0.0 | 0.0 | 0.9 | 1.1 |
Tax rate | | | | 0.0% | 0.0% | 0.0% | | |
Net income | -8.3 | -10.8 | -4.7 | -6.9 | -4.8 | -4.5 | 0.0 | -2.7 |
Net margin | -34.1% | -28.3% | -53.6% | -231.9% | -59.1% | -89.2% | 0.0% | -114.0% |
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Diluted EPS | ($0.62) | ($1.16) | ($0.79) | ($22.85) | ($22.74) | ($1.95) | | ($0.06) |
Shares outstanding (diluted) | 13.3 | 9.3 | 6.0 | 0.3 | 0.2 | 2.3 | | 42.9 |
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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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