In millions, except per share items | Dec-31-22 | Dec-05-22 | Dec-31-21 | Dec-05-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 |
| 10-K | 8-K | 10-K | 8-K | 10-K | 10-K | 10-K | 10-K |
Revenues: |
North America | 45.7 | | 34.3 | | | | | |
Customer D | 7.6 | | | | | | | |
Customer C | 9.9 | | 7.7 | | | | | |
Major Customers | 7.6 | | | | | | | |
Other | 5.2 | | 22.3 | | | | | |
Total revenues | 75.9 | 75.9 | 64.3 | 64.3 | 48.5 | 55.7 | 60.6 | 49.5 |
Revenue growth [+] | 18.1% | 18.1% | 32.5% | | -13.0% | -8.1% | 22.4% | 14.0% |
North America | 33.2% | | | | | | | |
Customer C | 27.9% | | | | | | | |
Customer A | 5.7% | | | | | | | |
Cost of goods sold | 47.9 | 47.9 | 39.7 | 39.7 | 25.9 | 30.4 | 34.1 | 26.2 |
Gross profit | 28.0 | 28.0 | 24.6 | 24.6 | 22.6 | 25.3 | 26.5 | 23.3 |
Gross margin | 36.9% | 36.9% | 38.3% | 38.3% | 46.6% | 45.4% | 43.7% | 47.1% |
Selling, general and administrative [+] | 25.2 | 25.2 | 23.8 | 23.8 | 16.6 | 16.0 | 20.6 | 15.0 |
Sales and marketing | 11.2 | 11.2 | 10.2 | 10.2 | 6.1 | 7.0 | 11.0 | 7.0 |
General and administrative | 14.0 | 14.0 | 13.6 | 13.6 | 10.5 | 8.9 | 9.5 | 8.0 |
Research and development | 11.3 | 11.3 | 10.9 | 10.9 | 9.2 | 9.0 | 9.3 | 7.3 |
Other operating expenses | | | 2.0 | | | | | |
EBITDA [+] | -4.9 | -1.9 | -8.6 | -3.5 | -2.1 | 1.5 | -2.1 | 2.0 |
EBITDA growth | -43.1% | -47.5% | 309.8% | | -236.9% | -172.0% | -206.8% | -54.0% |
EBITDA margin | -6.4% | -2.4% | -13.3% | -5.5% | -4.3% | 2.7% | -3.5% | 4.0% |
Depreciation | 0.7 | 3.7 | 0.5 | 3.6 | 0.5 | 0.5 | 0.6 | 0.4 |
EBITA | -5.6 | -5.6 | -9.1 | -7.1 | -2.6 | 1.0 | -2.7 | 1.6 |
EBITA margin | -7.3% | -7.3% | -14.2% | -11.0% | -5.3% | 1.9% | -4.5% | 3.1% |
Amortization of intangibles | 3.0 | 3.0 | 3.0 | 3.0 | 0.6 | 0.7 | 0.7 | 0.6 |
EBIT [+] | -8.6 | -8.6 | -12.1 | -10.1 | -3.2 | 0.4 | -3.4 | 1.0 |
EBIT growth | -29.2% | -14.9% | 280.8% | | -937.9% | -111.2% | -449.4% | -71.9% |
EBIT margin | -11.3% | -11.3% | -18.9% | -15.7% | -6.6% | 0.7% | -5.6% | 2.0% |
Non-recurring items [+] | | | | 2.0 | | | | |
Unusual expense | | | | 2.0 | | | | |
Interest expense, net [+] | | -0.1 | | 0.0 | | | 0.0 | 0.1 |
Interest expense | | | | | | | 0.0 | 0.1 |
Interest income | | 0.1 | | 0.0 | | | | |
Other income (expense), net [+] | 0.0 | -0.1 | 0.0 | 0.0 | 0.2 | 0.7 | 0.9 | 0.3 |
Gain (loss) on sale of assets | | | | | | | 0.0 | |
Gain (loss) on acquisitions / transactions | | | | | | | -0.4 | |
Change in value of contingent liability | | | 2.0 | | | | | |
Other non-operating income | -0.1 | | 0.0 | | -0.2 | -0.7 | -0.6 | -0.3 |
Other non-ooperating expenses | 0.1 | | 0.0 | | 0.0 | | | |
Other | | 0.1 | | 0.0 | | -0.7 | 0.6 | 0.3 |
Pre-tax income | -8.6 | -8.6 | -12.1 | -12.1 | -3.0 | 1.1 | -2.5 | 1.2 |
Income taxes | 0.1 | 0.1 | -2.0 | -2.0 | 0.3 | 0.2 | 0.1 | 0.0 |
Tax rate | | | 16.9% | 16.9% | | 15.0% | | 2.2% |
Net income | -8.7 | -8.7 | -10.1 | -10.1 | -3.3 | 0.9 | -2.6 | 1.1 |
Net margin | -11.4% | -11.4% | -15.7% | -15.7% | -6.8% | 1.7% | -4.3% | 2.3% |
|
Basic EPS [+] | ($0.85) | ($0.85) | ($1.01) | ($1.01) | ($0.34) | $0.10 | ($0.27) | $0.12 |
Growth | -15.6% | -15.6% | 198.3% | | -453.0% | -135.2% | -325.6% | -81.5% |
Diluted EPS [+] | ($0.85) | ($0.85) | ($1.01) | ($1.01) | ($0.34) | $0.09 | ($0.27) | $0.11 |
Growth | -15.6% | -15.6% | 198.3% | | -468.1% | -133.8% | -346.4% | -76.6% |
|
Shares outstanding (basic) [+] | 10.2 | 10.2 | 10.0 | 10.0 | 9.7 | 9.7 | 9.5 | 9.5 |
Growth | 1.7% | 1.7% | 3.1% | | 0.3% | 1.7% | 0.4% | 181.2% |
Shares outstanding (diluted) [+] | 10.2 | 10.2 | 10.0 | 10.0 | 9.7 | 10.1 | 9.5 | 10.4 |
Growth | 1.7% | 1.7% | 3.1% | | -3.8% | 6.0% | -8.1% | 122.0% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |