Financial Summary (All financials)
In millions, except per share items | Jun-30-22 | Jun-30-21 | Jun-30-20 | Jun-30-19 | Jun-30-18 | Jun-30-17 | Jun-30-16 | Jun-30-15 |
Revenues | 0.2 | 24.9 | 0.0 | 0.1 | 0.1 | 0.1 | 2.8 | 0.4 |
Revenue growth | -99.1% | 108204.3% | -57.4% | 8.0% | -59.0% | -95.7% | 651.2% | 0.0% |
Cost of goods sold | 33.0 | 0.0 | -21.6 | 0.0 | 0.0 | -23.9 | 0.1 | 0.0 |
Gross profit | -32.8 | 24.9 | 21.6 | 0.1 | 0.0 | 24.0 | 2.7 | 0.4 |
Gross margin | -14014.9% | 100.0% | 93913.0% | 96.3% | 96.0% | 19673.0% | 96.5% | 96.6% |
Research and development | 49.0 | 60.6 | 44.7 | 56.3 | 49.0 | 45.1 | 42.4 | 42.6 |
General and administrative | 17.4 | 15.4 | 7.9 | 9.2 | 11.2 | 6.9 | 6.5 | 6.5 |
EBIT | -41.4 | -50.2 | -28.0 | -35.5 | -33.7 | -28.0 | -23.3 | -25.3 |
EBIT margin | -17677.4% | -201.3% | -121552.2% | -65800.0% | -67462.0% | -22966.4% | -819.1% | -6666.8% |
Pre-tax income | -41.4 | -49.9 | -29.2 | -35.3 | -26.1 | -27.8 | -23.2 | -24.7 |
Income taxes | -0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.3% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Net income | -41.4 | -49.9 | -29.2 | -35.3 | -26.1 | -27.8 | -23.2 | -24.7 |
Net margin | -17681.2% | -200.2% | -126747.8% | -65383.3% | -52252.0% | -22798.4% | -816.5% | -6511.1% |
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Diluted EPS | ($1.29) | ($1.77) | ($1.60) | ($2.86) | ($2.47) | ($3.18) | ($0.29) | ($0.35) |
Shares outstanding (diluted) | 32.2 | 28.1 | 18.2 | 12.3 | 10.6 | 8.7 | 79.5 | 70.3 |
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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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