Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 |
Revenues | 22.3 | 12.8 |
Revenue growth | 73.6% | |
Cost of goods sold | 58.4 | 38.5 |
Gross profit | -36.1 | -25.7 |
Gross margin | -162.2% | -200.4% |
Selling, general and administrative | 67.1 | 55.2 |
Research and development | 26.3 | 23.0 |
EBIT | -129.5 | -103.9 |
EBIT margin | -581.8% | -810.1% |
Pre-tax income | -166.5 | -125.1 |
Income taxes | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% |
Net income | -166.5 | -125.1 |
Net margin | -748.1% | -975.3% |
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Diluted EPS | $0.00 | $0.00 |
Shares outstanding (diluted) | 198,664.8 | 194,177.5 |
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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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