Overview Financials News + Filings Key Docs Charts Ownership Insiders
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| 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 | 357.4 | 0.0 | 0.0 | 0.0 | |
| Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 | |
| Gross profit | 357.4 | 0.0 | 0.0 | 0.0 | |
| Gross margin | 100.0% | | | | |
| Selling, general and administrative [+] | 71.6 | 50.4 | 28.3 | 21.8 | |
| General and administrative | 71.6 | 50.4 | 28.3 | 21.8 | |
| Research and development | 285.9 | 248.6 | 132.9 | 99.6 | |
| Other operating expenses | 272.6 | 57.9 | 124.9 | 19.8 | |
| EBITDA [+] | -256.9 | -345.8 | -280.2 | -139.3 | |
| EBITDA growth | -25.7% | 23.4% | 101.1% | | |
| EBITDA margin | -71.9% | | | | |
| Depreciation and amortization | 15.6 | 11.1 | 5.9 | 1.8 | |
| EBIT [+] | -272.6 | -356.9 | -286.1 | -141.2 | |
| EBIT growth | -23.6% | 24.7% | 102.7% | | |
| EBIT margin | -76.3% | | | | |
| Interest income | 3.8 | 0.7 | 0.7 | 2.9 | |
| Interest income | 3.8 | 0.7 | 0.7 | 2.9 | |
| Other income (expense), net | -0.7 | 0.3 | 0.1 | 0.0 | |
| Pre-tax income | -269.5 | -355.9 | -285.3 | -138.3 | |
| Income taxes | 0.0 | 0.0 | 0.0 | -7.5 | |
| Tax rate | 0.0% | 0.0% | 0.0% | 5.5% | |
| Net income | -269.5 | -355.9 | -285.3 | -130.8 | |
| Net margin | -75.4% | | | | |
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| Basic EPS [+] | ($1.43) | ($2.14) | ($21.92) | ($26.67) | |
| Growth | -33.1% | -90.2% | -17.8% | | |
| Diluted EPS [+] | ($1.43) | ($2.14) | ($21.92) | ($26.67) | |
| Growth | -33.1% | -90.2% | -17.8% | | |
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| Shares outstanding (basic) [+] | 188.3 | 166.4 | 13.0 | 4.9 | |
| Growth | 13.2% | 1178.9% | 165.4% | | |
| Shares outstanding (diluted) [+] | 188.3 | 166.4 | 13.0 | 4.9 | |
| Growth | 13.2% | 1178.9% | 165.4% | | |
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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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