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 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K/A | 10-K |
Revenues [+] | 61.1 | 20.9 | 6.2 | 2.8 | 0.1 | 0.1 | 3.3 | 4.0 |
Products | | | | | | | 1.1 | 0.8 |
Services | | | | | | | | 1.1 |
Grants | | | | | | | | 1.2 |
Other | | | | | | | 0.3 | 0.6 |
Revenue growth | 192.0% | 236.1% | 125.8% | 3589.7% | -38.2% | -96.4% | -16.0% | 41.8% |
Cost of goods sold [+] | 46.3 | 18.1 | 4.7 | 2.4 | 1.8 | 1.5 | 8.2 | 2.9 |
Cost of product sales | | | | | | | 0.5 | 0.4 |
Cost of services | | | | | | | | 0.2 |
Labor costs | | | | | | | 4.9 | |
Depreciation and amortization | | | | | | | | 0.8 |
Gross profit | 14.8 | 2.8 | 1.5 | 0.4 | -1.7 | -1.3 | -4.9 | 1.1 |
Gross margin | 24.2% | 13.6% | 24.3% | 14.2% | -2285.5% | -1103.2% | -146.4% | 27.7% |
Selling, general and administrative [+] | 88.4 | 48.9 | 16.8 | 8.7 | 11.1 | 7.3 | 1.4 | 10.8 |
Sales and marketing | | | | | | | | 8.2 |
General and administrative [+] | 88.4 | 48.9 | 16.8 | 8.7 | 11.1 | 7.3 | 1.4 | 2.6 |
General and administrative expenses | 27.8 | 10.5 | 4.0 | 1.9 | 1.4 | 1.3 | 1.4 | 2.6 |
Other selling, general and administrative | | | | | | | | 8.2 |
Other operating expenses | 10.4 | 7.4 | 0.6 | 1.5 | -1.2 | 11.6 | 0.2 | 1.3 |
EBITDA [+] | -74.4 | -50.7 | -15.2 | -9.4 | -11.3 | -19.8 | -6.4 | -10.0 |
EBITDA growth | 46.7% | 234.9% | 61.4% | -16.5% | -43.1% | 210.7% | -36.5% | -21.9% |
EBITDA margin | -121.8% | -242.4% | -243.2% | -340.4% | -15046.2% | -16367.1% | -191.5% | -253.2% |
Depreciation | 9.5 | 2.7 | 0.7 | 0.3 | 0.4 | 0.4 | 0.9 | 0.9 |
EBITA | -84.0 | -53.5 | -15.8 | -9.7 | -11.6 | -20.2 | -7.2 | -10.9 |
EBITA margin | -137.4% | -255.4% | -254.1% | -352.3% | -15514.9% | -16699.8% | -217.4% | -276.6% |
Amortization of intangibles | | | | 0.1 | 0.0 | 0.0 | | 0.0 |
EBIT [+] | -84.0 | -53.5 | -15.8 | -9.8 | -11.6 | -20.2 | -7.2 | -11.0 |
EBIT growth | 57.0% | 237.8% | 61.4% | -15.5% | -42.5% | 179.4% | -34.0% | -30.7% |
EBIT margin | -137.4% | -255.4% | -254.1% | -355.5% | -15528.7% | -16708.3% | -217.4% | -276.8% |
Non-recurring items [+] | 5.3 | 2.2 | 2.0 | 0.7 | | -12.8 | 0.0 | 0.4 |
Asset impairment | 5.3 | 2.2 | 2.0 | 0.7 | | | | |
Loss (gain) on sale of assets | | | | | | | 0.0 | 0.1 |
Unusual expense | | | | | | -0.1 | | 0.3 |
Legal settlement | | | | | | -13.0 | | |
Interest expense, net [+] | 1.5 | -0.3 | 0.0 | -0.1 | 0.1 | 0.9 | 0.3 | 0.1 |
Interest expense | 1.5 | | | | 0.1 | 0.9 | 0.3 | 0.1 |
Interest income | | 0.3 | 0.0 | 0.1 | | | | |
Other income (expense), net [+] | -0.5 | 0.2 | 0.0 | 20.0 | 8.3 | -67.0 | -0.2 | 3.2 |
Amortization of debt discount premium | | | | | -0.5 | -2.3 | | -0.1 |
Gain (loss) on debt retirement | | 0.9 | | | | | | |
Gain (loss) on derivative instruments | 0.1 | 0.1 | -0.2 | -0.1 | 5.1 | -0.1 | | 3.3 |
Other | -0.4 | -0.6 | 0.1 | 0.2 | -0.4 | 2.3 | | 0.1 |
Pre-tax income | -91.3 | -55.1 | -17.8 | 9.6 | -3.4 | -75.4 | -7.7 | -8.2 |
Income taxes | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.4 |
Tax rate | | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
Minority interest | | | | | | | | 0.4 |
Net income | -91.6 | -55.1 | -17.8 | -9.6 | -26.9 | -79.6 | -9.2 | -9.6 |
Net margin | -149.8% | -263.2% | -286.4% | -349.7% | -35947.5% | -65862.1% | -275.6% | -242.2% |
|
Basic EPS [+] | ($1.95) | ($1.32) | ($0.59) | ($0.37) | ($1.30) | ($25.95) | ($3.17) | ($0.12) |
Growth | 48.4% | 121.4% | 61.5% | -71.7% | -95.0% | 719.4% | 2511.5% | -58.5% |
Diluted EPS [+] | ($1.95) | ($1.32) | ($0.59) | ($0.37) | ($1.30) | ($25.95) | ($3.17) | ($0.12) |
Growth | 48.4% | 121.4% | 61.5% | -71.7% | -95.0% | 719.4% | 2511.5% | -58.5% |
|
Shares outstanding (basic) [+] | 46.9 | 41.9 | 30.0 | 26.2 | 20.7 | 3.1 | 2.9 | 79.0 |
Growth | 12.0% | 39.5% | 14.5% | 27.0% | 573.5% | 6.0% | -96.3% | 1.7% |
Shares outstanding (diluted) [+] | 46.9 | 41.9 | 30.0 | 26.2 | 20.7 | 3.1 | 2.9 | 79.0 |
Growth | 12.0% | 39.5% | 14.5% | 27.0% | 573.5% | 6.0% | -96.3% | 1.7% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |