Financial Summary (All financials)
In millions, except per share items | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 |
Revenues | 35.2 | 69.1 | 5.2 | 0.0 |
Revenue growth | -49.1% | 1217.6% | | |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 |
Gross profit | 35.2 | 69.1 | 5.2 | 0.0 |
Gross margin | 100.0% | 100.0% | 100.0% | |
Research and development | 74.1 | 40.5 | 25.4 | 22.3 |
General and administrative | 19.8 | 11.5 | 6.4 | 4.8 |
EBIT | -58.8 | 17.1 | -26.6 | -27.1 |
EBIT margin | -167.1% | 24.8% | -506.7% | |
Pre-tax income | -53.8 | 18.2 | -28.7 | -30.6 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | | 0.0% | | |
Net income | -53.8 | 4.9 | -28.7 | -30.6 |
Net margin | -153.0% | 7.1% | -546.9% | |
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Diluted EPS | ($2.09) | $0.57 | ($50.37) | ($59.89) |
Shares outstanding (diluted) | 25.8 | 8.6 | 0.6 | 0.5 |
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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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