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LIMEADE, INC

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21
   10-K10-K
Revenues:  
    UNITED STATES  52.553.1
    Non-US  3.52.1
Total revenues  56.055.2
            Revenue growth   [+]1.5% 
Cost of goods sold  17.215.0
Gross profit  38.840.2
            Gross margin  69.3%72.8%
Selling, general and administrative   [+]30.929.6
Research and development  22.120.4
EBITDA   [+]-11.2-7.7
            EBITDA margin  -20.0%-14.0%
Depreciation  1.91.4
EBITA  -13.1-9.1
            EBITA margin  -23.4%-16.5%
Amortization of intangibles  1.10.7
EBIT   [+]-14.2-9.8
            EBIT margin  -25.3%-17.7%
Other income (expense), net  1.0-0.1
Pre-tax income  -13.2-9.9
Income taxes  0.00.0
            Tax rate  0.3% 
Net income  -13.2-10.0
            Net margin  -23.6%-18.1%
   
Basic EPS   [+]($0.05)($0.04)
Diluted EPS   [+]($0.05)($0.04)
   
Shares outstanding (basic)   [+]255.4250.4
Shares outstanding (diluted)   [+]255.4250.4
   
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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