Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 |
Revenues | 16.5 | 12.0 |
Revenue growth | 37.2% | |
Cost of goods sold | 13.0 | 7.6 |
Gross profit | 3.5 | 4.4 |
Gross margin | 21.3% | 37.0% |
Sales and marketing | 3.2 | 2.1 |
Research and development | 0.4 | 0.6 |
General and administrative | 4.8 | 2.4 |
EBIT | -4.9 | -0.8 |
EBIT margin | -29.7% | -6.3% |
Pre-tax income | -4.9 | -0.7 |
Income taxes | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% |
Net income | -4.9 | -0.7 |
Net margin | -29.7% | -6.2% |
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Diluted EPS | ($0.52) | ($0.08) |
Shares outstanding (diluted) | 9.5 | 9.4 |
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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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