Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 |
Revenues | 0.0 | 0.0 | 0.0 | 0.8 |
Revenue growth | | | -100.0% | |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 23.7 |
Gross profit | 0.0 | 0.0 | 0.0 | -22.9 |
Gross margin | | | | -2981.5% |
Research and development | 171.5 | 64.3 | 21.1 | |
General and administrative | 165.1 | 176.7 | 3.5 | 0.1 |
EBITA | -347.4 | -358.3 | -24.6 | -23.7 |
EBITA margin | | | | -3081.5% |
Amortization of intangibles | | | 0.0 | |
EBIT | -347.4 | -358.3 | -24.6 | -23.7 |
EBIT margin | | | | -3081.5% |
Pre-tax income | -317.3 | -347.8 | -24.8 | -0.9 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% | 0.0% |
Net income | -317.3 | -347.8 | -24.8 | -0.9 |
Net margin | | | | -122.8% |
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Diluted EPS | ($1.32) | ($3.14) | ($0.49) | |
Shares outstanding (diluted) | 240.5 | 110.8 | 50.2 | |
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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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