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 | 10-K |
Revenues | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Gross profit | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Gross margin | | | | | | | | |
Selling, general and administrative [+] | 6.1 | 4.9 | 4.3 | 4.4 | 4.4 | 3.5 | 3.5 | 3.7 |
General and administrative [+] | 6.1 | 4.9 | 4.3 | 4.4 | 4.4 | 3.5 | 3.5 | 3.7 |
General and administrative expenses | 6.1 | 4.9 | 4.3 | 4.4 | 4.4 | 3.5 | 3.5 | 3.7 |
Research and development | 6.0 | 2.9 | 1.9 | 2.2 | 0.3 | 0.3 | 0.9 | 0.6 |
EBITDA [+] | -12.0 | -7.8 | -6.3 | -6.6 | -4.7 | -3.9 | -4.5 | -4.3 |
EBITDA growth | 53.5% | 24.3% | -5.2% | 41.4% | 21.8% | -13.6% | 3.4% | 57.8% |
EBITDA margin | | | | | | | | |
Depreciation and amortization | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
EBIT [+] | -12.1 | -7.8 | -6.3 | -6.6 | -4.7 | -3.9 | -4.5 | -4.3 |
EBIT growth | 54.3% | 24.8% | -5.2% | 41.3% | 21.6% | -13.7% | 3.6% | 58.0% |
EBIT margin | | | | | | | | |
Non-recurring items [+] | 6.2 | | | | | | | |
Legal settlement | 6.2 | | | | | | | |
Interest expense, net [+] | 0.6 | 0.8 | 0.7 | 1.0 | 0.1 | 0.0 | | |
Interest expense | 0.7 | 0.8 | 0.7 | 1.0 | 0.1 | 0.0 | | |
Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | | | |
Other income (expense), net [+] | -0.5 | 0.1 | 0.4 | 8.7 | -14.4 | 0.8 | 1.3 | -0.5 |
Gain (loss) on debt retirement | | 0.1 | | -0.7 | -0.6 | | | |
Unrealized gain/loss on derivatives | -0.1 | 0.0 | | | | | | |
Change in fair value of warrants | -0.1 | 0.0 | | | | | -1.3 | |
Pre-tax income | -19.5 | -8.5 | -6.6 | 1.1 | -19.2 | -3.1 | -3.2 | -4.8 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | | | | 0.2% | | | | |
Net income | -19.5 | -8.5 | -6.6 | 1.1 | -19.2 | -4.1 | -3.5 | -4.8 |
Net margin | | | | | | | | |
|
Basic EPS [+] | ($0.04) | ($0.02) | ($0.03) | $0.01 | ($0.16) | ($0.15) | ($0.18) | ($0.29) |
Growth | 67.4% | -26.3% | -465.3% | -104.9% | 6.8% | -19.8% | -35.3% | 7.6% |
Diluted EPS [+] | ($0.04) | ($0.02) | ($0.03) | $0.01 | ($0.16) | ($0.15) | ($0.18) | ($0.29) |
Growth | 67.4% | -26.1% | -557.0% | -103.9% | 6.8% | -19.8% | -35.3% | 7.6% |
|
Shares outstanding (basic) [+] | 555.3 | 406.6 | 230.7 | 135.2 | 121.2 | 27.9 | 18.9 | 16.9 |
Growth | 36.6% | 76.2% | 70.7% | 11.6% | 334.2% | 47.3% | 11.9% | 64.6% |
Shares outstanding (diluted) [+] | 555.3 | 406.6 | 231.4 | 169.6 | 121.2 | 27.9 | 18.9 | 16.9 |
Growth | 36.6% | 75.7% | 36.5% | 40.0% | 334.2% | 47.3% | 11.9% | 64.6% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |