Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 |
Revenues | 0.1 | 0.3 |
Revenue growth | -77.0% | |
Cost of goods sold | 0.8 | 0.5 |
Gross profit | -0.7 | -0.2 |
Gross margin | -899.6% | -47.9% |
Sales and marketing | 1.8 | 1.1 |
General and administrative | 3.0 | 5.0 |
EBIT | -5.6 | -6.3 |
EBIT margin | -7113.7% | -1846.5% |
Pre-tax income | -6.7 | -8.8 |
Income taxes | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% |
Net income | -6.7 | -8.8 |
Net margin | -8519.5% | -2582.0% |
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Diluted EPS | ($0.88) | ($1.17) |
Shares outstanding (diluted) | 7.6 | 7.5 |
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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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