Sarcos Technology & Robotics Corp [Rocket]

In millions, except per share items	Dec-31-22	Dec-05-22	Dec-31-21	Dec-05-21	Dec-31-20
	10-K	8-K	10-K	8-K	10-K
Revenues:
Non-US	2.8
Other	11.8
Total revenues	14.6	14.6	5.1	5.1	8.8
Revenue growth	187.1%	187.1%	-42.4%
Cost of goods sold	11.6	0.0	3.9	0.0	5.6
Gross profit	3.0	14.6	1.2	5.1	3.2
Gross margin	20.3%	100.0%	23.8%	100.0%	36.4%
Selling, general and administrative [+]	73.4	73.4	64.7	64.7	10.1
Sales and marketing	9.9	9.9	6.6	6.6	2.8
General and administrative	63.5	63.5	58.1	58.1	7.3
Research and development	34.1		17.5		14.1
Other operating expenses		47.9		21.4
EBITDA [+]	-103.2	-101.0	-80.5	-80.5	-20.5
EBITDA growth	28.3%	25.6%	291.7%
EBITDA margin	-708.4%	-693.4%	-1585.4%	-1585.4%	-233.1%
Depreciation	1.4	3.6	0.5	0.5	0.5
EBITA	-104.6	-104.6	-81.0	-81.0	-21.0
EBITA margin	-718.1%	-718.1%	-1595.9%	-1595.9%	-238.3%
Amortization of intangibles	2.2	2.2
EBIT [+]	-106.8	-106.8	-81.0	-81.0	-21.0
EBIT growth	31.9%	31.9%	285.7%
EBIT margin	-733.1%	-733.1%	-1595.9%	-1595.9%	-238.3%
Non-recurring items [+]	70.2	70.2
Asset impairment	70.2	70.2
Interest income, net [+]	1.8	1.8	0.0	0.0	0.0
Interest expense			0.0	0.0
Interest income	1.8	1.8			0.0
Other income (expense), net	14.2	14.2	-0.5	-0.5	0.0
Pre-tax income	-161.0	-161.0	-81.5	-81.5	-20.9
Income taxes	-3.9	-3.9	0.0	0.0	0.0
Tax rate	2.4%	2.4%
Net income	-157.1	-157.1	-81.5	-81.5	-20.9
Net margin	-1078.5%	-1078.5%	-1606.1%	-1606.1%	-237.4%

Basic EPS [+]	($1.07)		($0.72)		($0.21)
Growth	48.6%		244.5%
Diluted EPS [+]	($1.07)		($0.72)		($0.21)
Growth	48.6%		244.5%

Shares outstanding (basic) [+]	146.8		113.2		100.1
Growth	29.7%		13.1%
Shares outstanding (diluted) [+]	146.8		113.2		100.1
Growth	29.7%		13.1%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.