Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 |
Revenues | 8.0 | 5.0 |
Revenue growth | 61.2% | |
Cost of goods sold | 2.2 | 1.6 |
Gross profit | 5.7 | 3.4 |
Gross margin | 71.9% | 68.1% |
Selling, general and administrative | 9.3 | 5.2 |
EBITA | -3.2 | -0.5 |
EBITA margin | -39.7% | -9.7% |
Amortization of intangibles | 1.3 | 1.3 |
EBIT | -4.4 | -1.8 |
EBIT margin | -55.6% | -35.6% |
Pre-tax income | -4.8 | -3.3 |
Income taxes | 1.3 | 1.7 |
Net income | -7.9 | 5.8 |
Net margin | -98.6% | 116.6% |
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Diluted EPS | ($0.05) | $0.04 |
Shares outstanding (diluted) | 172.1 | 146.7 |
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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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