| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 |
| | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Asia | 5.9 | 4.5 | 3.5 | 0.9 | |
| United States | 126.1 | 111.8 | 97.0 | 90.5 | |
| Americas (excluding United States) | 3.9 | 2.8 | 1.9 | 1.2 | |
| Europe | 0.1 | 0.1 | 0.1 | 0.1 | |
| Total revenues | 136.0 | 119.2 | 102.5 | 92.8 | 0.0 |
| Revenue growth [+] | 14.1% | 16.3% | 10.6% | | |
| Asia | 33.1% | 26.8% | 306.1% | | |
| United States | 12.8% | 15.3% | 7.2% | | |
| Americas (excluding United States) | 37.3% | 50.2% | 52.4% | | |
| Europe | -12.4% | 3.8% | -7.0% | | |
| Cost of goods sold | 51.1 | 60.6 | 39.5 | 38.3 | 0.0 |
| Gross profit | 85.0 | 58.6 | 63.1 | 54.5 | 0.0 |
| Gross margin | 62.5% | 49.1% | 61.5% | 58.8% | |
| Selling, general and administrative [+] | 86.7 | 107.0 | 43.3 | 41.4 | |
| Sales and marketing | 56.2 | 62.3 | 29.0 | 24.4 | |
| General and administrative | 30.6 | 44.7 | 14.3 | 16.9 | 0.0 |
| Research and development | 31.4 | 52.6 | 20.2 | 16.6 | |
| Other operating expenses | | | | | 0.0 |
| EBITDA [+] | -28.5 | -94.4 | 5.7 | 1.4 | |
| EBITDA growth | -69.8% | -1768.2% | 296.4% | -21667.7% | |
| EBITDA margin | -20.9% | -79.2% | 5.5% | 1.5% | |
| Depreciation | 1.2 | 2.1 | 1.9 | 1.6 | |
| EBITA | -29.7 | -96.5 | 3.8 | -0.1 | 0.0 |
| EBITA margin | -21.8% | -81.0% | 3.7% | -0.1% | |
| Amortization of intangibles | 3.5 | 4.5 | 4.2 | 3.3 | |
| EBIT [+] | -33.2 | -101.0 | -0.4 | -3.5 | 0.0 |
| EBIT growth | -67.1% | 24837.5% | -88.3% | 52248.6% | |
| EBIT margin | -24.4% | -84.7% | -0.4% | -3.7% | |
| Interest expense | 3.4 | 3.7 | 3.9 | 3.3 | |
| Interest expense | 3.4 | 3.7 | 3.9 | 3.3 | |
| Other income (expense), net [+] | 0.0 | 1.7 | -0.2 | 0.0 | |
| Change in fair value of warrants | -0.1 | -1.2 | | | |
| Other | -0.1 | 0.5 | -0.2 | 0.0 | |
| Pre-tax income | -36.7 | -103.0 | -4.4 | -6.8 | 0.0 |
| Income taxes | 0.8 | 0.2 | 0.2 | 0.1 | 0.0 |
| Tax rate | | | | | 0.0% |
| Net income | -37.5 | -103.2 | -4.6 | -6.9 | 0.0 |
| Net margin | -27.6% | -86.5% | -4.5% | -7.5% | |
| |
| Basic EPS [+] | ($0.41) | ($1.29) | ($0.07) | ($0.10) | $0.00 |
| Growth | -68.4% | 1751.4% | -32.8% | 48864.1% | |
| Diluted EPS [+] | ($0.41) | ($1.29) | ($0.07) | ($0.10) | $0.00 |
| Growth | -68.4% | 1751.4% | -32.8% | 48864.1% | |
| |
| Shares outstanding (basic) [+] | 92.0 | 80.0 | 66.6 | 66.6 | 31.3 |
| Growth | 15.1% | 20.0% | 0.0% | 113.2% | |
| Shares outstanding (diluted) [+] | 92.0 | 80.0 | 66.6 | 66.6 | 31.3 |
| Growth | 15.1% | 20.0% | 0.0% | 113.2% | |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |