Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 |
Revenues | 0.0 | 0.1 | 0.0 |
Revenue growth | -80.9% | 1654.7% | |
Cost of goods sold | 0.0 | 0.1 | 0.0 |
Gross profit | 0.0 | 0.0 | 0.0 |
Gross margin | 55.6% | 41.5% | 24.3% |
Selling, general and administrative | 8.8 | 1.8 | 2.1 |
Sales and marketing | 0.7 | 0.1 | 0.2 |
Research and development | 8.2 | 4.3 | 5.7 |
EBIT | -15.0 | -4.6 | -6.8 |
EBIT margin | -83183.3% | -4840.4% | -127479.2% |
Pre-tax income | -17.1 | -23.1 | -8.9 |
Income taxes | 0.0 | 0.0 | 0.0 |
Tax rate | 0.2% | 0.1% | 0.0% |
Net income | -17.1 | -23.1 | -8.9 |
Net margin | -95000.0% | -24574.5% | -166762.7% |
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Diluted EPS | ($0.68) | ($1.80) | |
Shares outstanding (diluted) | 25.2 | 12.8 | |
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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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