NEXGEL, INC. [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16
	10-K	10-K	10-K	10-K	10-K/A	S-1/A	S-1
Revenues, net	2.0	1.6	0.7	0.7	2.2	2.0	2.2
Revenues, net growth	32.0%	130.1%	-6.0%	-67.6%	11.1%	-7.4%
Cost of revenues	1.8	1.5	1.0	0.9	1.7
Gross profit	0.3	0.0	-0.3	-0.1	0.5	0.1
Gross margin	12.5%	0.5%	-43.2%	-19.1%	23.2%

Operating expenses
Research and development	0.4	0.0
Selling, general and administrative	3.2	2.5	2.0	1.8	2.4	1.1	1.8
Total operating expenses	3.6	2.6	2.0	1.8	2.4	1.1	1.8
Loss from operations	-3.3	-2.6	-2.3	-1.9	-1.9	-1.0	-1.9
Operating margin	-163.5%	-165.7%	-335.3%	-268.3%	-85.3%

Other income (expense)
Interest expense			0.0
Loss on debt extinguishment	-0.2	0.0
Other income	0.0
Gain on investments	0.0
Total other income (expense), net	-1.4	-1.7

Income tax expense
Net loss attributable to NexGel stockholders	-4.7	-4.3	-2.3	-1.9	-1.9	-1.0	-1.8

Net loss per common share - basic	($0.85)	($1.45)	($1.05)	($0.14)	($0.38)
Net loss per common share - diluted	($0.85)	($1.45)	($1.05)	($0.14)	($0.38)

Weighted average shares used in computing net loss per common share - basic	5.6	3.0	2.3	13.6	5.0
Weighted average shares used in computing net loss per common share – diluted	5.6	3.0	2.3	13.6	5.0