In millions, except per share items | Mar-31-23 | Mar-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: |
Two Customers | 1.0 | | | | | | | |
Three Customers | | 4.8 | | | | | | |
Other | 0.1 | 0.3 | | | | | | |
Total revenues | 1.1 | 5.0 | 0.4 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 |
Revenue growth | -78.1% | | 110.5% | | | | | |
Cost of goods sold | 8.9 | 4.3 | 0.4 | 0.2 | 0.0 | 0.0 | 0.1 | 0.1 |
Gross profit | -7.8 | 0.7 | 0.0 | 0.0 | 0.0 | 0.0 | -0.1 | -0.1 |
Gross margin | -702.0% | 14.3% | 0.0% | 0.0% | | | | |
Selling, general and administrative [+] | 9.5 | 4.3 | 1.2 | 0.2 | | 1.4 | 1.8 | 1.7 |
Sales and marketing | 6.3 | 4.0 | | | | | | |
General and administrative [+] | 3.2 | 0.3 | | | 0.0 | 1.4 | 1.8 | 1.7 |
General and administrative expenses | | | | | | 1.4 | 1.8 | 1.7 |
Professional fees | 3.2 | 0.3 | | | | | | |
Other selling, general and administrative | 6.3 | 4.0 | | | | | | |
Research and development | | | | | | 0.5 | 0.7 | 0.3 |
Other operating expenses | | | 0.1 | 0.3 | | 0.0 | -0.1 | -0.1 |
EBITDA [+] | -17.3 | -3.6 | -1.4 | | | | | |
EBITDA growth | 380.2% | | 181.9% | | -100.0% | -28.4% | 21.9% | -0.5% |
EBITDA margin | -1564.4% | -71.3% | -372.8% | -278.3% | | | | |
Depreciation | 6.2 | 6.2 | 0.0 | | | | | |
EBITA | -23.5 | -9.8 | -1.4 | -0.5 | 0.0 | -1.8 | -2.5 | -2.1 |
EBITA margin | -2125.0% | -194.5% | -373.0% | -278.3% | | | | |
Amortization of intangibles | | | | | | 0.0 | 0.0 | 0.0 |
EBIT [+] | -23.5 | -9.8 | -1.4 | -0.5 | 0.0 | -1.8 | -2.5 | -2.1 |
EBIT growth | 139.0% | | 182.0% | | -100.0% | -28.2% | 21.7% | -0.4% |
EBIT margin | -2125.0% | -194.5% | -373.0% | -278.3% | | | | |
Non-recurring items [+] | 8.0 | -0.9 | | | | | | |
Asset impairment | 8.0 | | | | | | | |
Loss (gain) on sale of assets | | -0.9 | | | | | | |
Interest expense | | | 0.0 | 0.0 | | 0.1 | 0.0 | 0.0 |
Interest expense | 0.1 | | 0.0 | 0.0 | | 0.1 | 0.0 | 0.0 |
Other income (expense), net [+] | -11.3 | 2.0 | -0.9 | 1.4 | -5.3 | 0.0 | -0.1 | 2.1 |
Amortization of debt discount premium | -0.1 | | | | | -0.3 | -0.1 | -0.1 |
Gain (loss) on derivative instruments | 2.7 | 3.0 | | | | | | |
Other | -0.1 | -0.1 | | | | -0.3 | -0.1 | -0.1 |
Pre-tax income | -42.9 | -6.9 | -2.3 | 1.0 | -5.3 | -1.8 | -2.6 | 0.0 |
Income taxes | 0.2 | 0.0 | 0.0 | -6.4 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | | 0.0% | 0.0% | | 0.0% | 0.0% | 0.0% | |
Earnings from continuing ops | -42.9 | -6.9 | -2.3 | -5.4 | -5.3 | -1.8 | -2.6 | -2.2 |
Earnings from discontinued ops | -0.1 | | | 6.4 | -5.3 | | | |
Net income | -43.1 | -6.9 | -2.3 | 1.0 | -5.3 | -1.8 | -2.6 | -2.2 |
Net margin | -3903.2% | -137.2% | -624.7% | 556.6% | | | | |
|
Basic EPS [+] | ($4.83) | | ($0.31) | ($0.78) | ($0.90) | ($0.03) | ($0.05) | ($0.05) |
Growth | | | -60.4% | -13.6% | 2576.7% | -35.5% | 6.2% | -26.8% |
Diluted EPS [+] | ($4.83) | | ($0.31) | ($0.77) | ($0.90) | ($0.03) | ($0.05) | ($0.05) |
Growth | | | -60.0% | -14.5% | 2576.7% | -35.5% | 6.2% | -26.8% |
|
Shares outstanding (basic) [+] | 8.9 | | 7.4 | 6.9 | 5.9 | 54.5 | 50.3 | 44.5 |
Growth | | | 6.8% | 17.8% | -89.2% | 8.4% | 13.0% | 42.2% |
Shares outstanding (diluted) [+] | 8.9 | | 7.4 | 7.0 | 5.9 | 54.5 | 50.3 | 44.5 |
Growth | | | 5.7% | 19.0% | -89.2% | 8.4% | 13.0% | 42.2% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |