Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-18 | Dec-31-17 |
Revenues | 4.4 | 3.3 | 567.0 | 7.0 |
Revenue growth | 33.7% | | 8000.0% | |
Cost of goods sold | 0.8 | 0.4 | 362.0 | 0.0 |
Gross profit | 3.6 | 2.9 | 205.0 | 7.0 |
Gross margin | 81.4% | 88.1% | 36.2% | 100.0% |
Selling, general and administrative | 5.5 | 7.2 | 968.0 | 1,191.0 |
EBITA | -2.0 | -4.9 | -763.0 | -1,184.0 |
EBITA margin | -45.7% | -146.9% | -134.6% | -16914.3% |
Amortization of intangibles | 0.2 | 0.6 | 315.0 | |
EBIT | -2.2 | -5.5 | -1,078.0 | -1,184.0 |
EBIT margin | -49.9% | -165.7% | -190.1% | -16914.3% |
Pre-tax income | -1.3 | -5.0 | -1,180.0 | -1,330.0 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% | 0.0% |
Net income | -1.3 | -5.0 | -1,180.0 | -1,330.0 |
Net margin | -28.8% | -150.2% | -208.1% | -19000.0% |
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Diluted EPS | ($0.09) | ($0.41) | ($0.01) | ($0.01) |
Shares outstanding (diluted) | 13.8 | 12.3 | 232,201.2 | 202,110.6 |
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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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