In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 |
| 10-K | 10-K | 10-K | S-1/A |
Revenues | 6.3 | 1.8 | 0.7 | 0.0 |
Revenue growth | 239.7% | 159.6% | 7788.9% | |
Cost of goods sold | 12.4 | 5.3 | 1.6 | 0.0 |
Gross profit | -6.1 | -3.5 | -0.9 | 0.0 |
Gross margin | -97.6% | -187.2% | -124.6% | 100.0% |
Selling, general and administrative [+] | 118.1 | 38.6 | 22.8 | 13.3 |
Sales and marketing | | | | 1.1 |
General and administrative | | | | 12.2 |
Research and development | 287.2 | 132.0 | 63.6 | 32.3 |
EBITDA [+] | -401.9 | -166.4 | -81.7 | -43.0 |
EBITDA growth | 141.6% | 103.6% | 90.0% | |
EBITDA margin | -6419.1% | -9027.7% | -11509.2% | -477822.2% |
Depreciation and amortization | 9.5 | 7.7 | 5.6 | 2.5 |
EBIT [+] | -411.4 | -174.1 | -87.3 | -45.5 |
EBIT growth | 136.3% | 99.4% | 91.7% | |
EBIT margin | -6570.1% | -9444.6% | -12293.0% | -505877.8% |
Other income (expense), net [+] | -321.3 | -3.8 | 2.4 | 0.5 |
Gain (loss) on debt retirement | 4.2 | | | |
Change in fair value of warrants | -326.9 | 1.8 | | |
Other | 1.4 | -0.1 | 2.4 | |
Pre-tax income | -732.7 | -177.9 | -84.9 | -45.0 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% | 0.0% |
Minority interest | | | 0.0 | 0.0 |
Net income | -736.8 | -198.8 | -145.0 | -45.0 |
Net margin | -11768.2% | -10788.3% | -20428.3% | -500377.8% |
|
Basic EPS [+] | ($4.36) | ($3.37) | ($2.47) | |
Growth | 29.2% | 36.6% | | |
Diluted EPS [+] | ($4.36) | ($3.37) | ($2.47) | |
Growth | 29.2% | 36.6% | | |
|
Shares outstanding (basic) [+] | 169.1 | 58.9 | 58.7 | |
Growth | 186.9% | 0.4% | | |
Shares outstanding (diluted) [+] | 169.1 | 58.9 | 58.7 | |
Growth | 186.9% | 0.4% | | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |